LIZHI INC. Announces Partnership with Xinghe Zhilian

GUANGZHOU, China, July 16, 2021 (Globe NEWSWIRE) — LIZHI INC. (“LIZHI” or the “Organization”) (NASDAQ: LIZI), a top on the web UGC audio local community and interactive audio entertainment platform in China, introduced these days that it has inked a partnership with Xinghe Zhilian Automotive Know-how Co., Ltd. (“Xinghe Zhilian”) to combine LIZHI’s audio products and solutions into Xinghe Zhilian’s in-auto communications and leisure community.

Recognized in December 2020, Xinghe Zhilian Automotive Technologies Co., Ltd. (also recognised as Galaxy Autotech) was born out of a joint enterprise amongst GAC Team and iFLYTEK. As an AI technology firm in the vehicle market, Xinghe Zhilian aims to optimize the driving experience as a result of the progression of the World-wide-web of Cars (IoV) network and intelligent cockpit for automobile companies. Xinghe Zhilian presents car providers with built-in clever cockpit solutions, artificial intelligence know-how, and electronic equipment. As a company connector, Xinghe Zhilian delivers car or truck people with open, extensive, and higher-high-quality products and services for complete-scale scenarios and hassle-free accessibility to content material resources.

“We are happy to collaborate with Xinghe Zhilian Automotive Technology Co., Ltd. to even further use LIZHI’s audio products to more in-vehicle scenarios and further more strengthen the application of LIZHI’s audio engineering in autos by means of Xinghe Zhilian’s IoV network,” explained Mr. Jinnan (Marco) Lai, Founder and Main Government Officer of LIZHI.

“We consider that the partnership might also accelerate LIZHI’s foray into the subject of in-motor vehicle audio and carry LIZHI’s in depth podcast content material and immersive audio ordeals to a broader variety of buyers.”

About LIZHI INC.

LIZHI INC. (the “Business” or “LIZHI”) has created an audio ecosystem with a world-wide existence consisting of audio-based social networks, podcast written content portfolios and audio communities. The Business aims to bring people nearer collectively via voices by its merchandise portfolios. LIZHI’s audio-primarily based social networking product featuring, like TIYA Application, caters to users’ evolving interest in social interactions in serious time online and enables buyers to join with friends possessing related interests, entertain, chat online, and share their day by day life by way of voices. LIZHI also features a vertical podcast system, LIZHI Podcast, that provides users with curated information drawn from its intensive content material library built above the a long time, as effectively as new podcasts provided by chosen information creators. Considering that the launch of LIZHI App in 2013, the Firm’s flagship system, LIZHI has cultivated a vibrant and escalating on the net UGC audio neighborhood and interactive audio enjoyment system the place end users are inspired to make, share, discover and get pleasure from audio, and practical experience immersive and diversified entertainment characteristics by audio. LIZHI envisions a worldwide audio ecosystem – a put in which every person can be related by way of voices and across cultures. LIZHI INC. has been outlined on Nasdaq considering the fact that January 2020.

Risk-free Harbor Assertion

This press launch contains forward-looking statements. These statements are manufactured below the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historic info, which includes statements about the Company’s beliefs and expectations, are ahead-on the lookout statements. Forward-looking statements contain inherent dangers and uncertainties, and a variety of factors could cause true outcomes to vary materially from people contained in any forward-hunting statement. In some instances, forward-hunting statements can be determined by phrases or phrases these kinds of as “may”, “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other equivalent expressions. Further data with regards to these and other risks, uncertainties or variables is provided in the Company’s filings with the Securities Trade Commission. All facts presented in this press launch is as of the day of this push release, and the Organization does not undertake any responsibility to update these kinds of information and facts, apart from as expected under relevant regulation.

For trader and media inquiries, make sure you contact:

In China:
LIZHI INC.
IR Section
Tel: +86 (20) 3866-4265
E-mail: [email protected]

The Piacente Team, Inc.
Jenny Cai
Tel: +86 (10) 6508-0677
E-mail: [email protected]

In the United States:
The Piacente Team, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: [email protected]

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