Iczoom Group Inc. (China)

The Company also provides customs clearance, temporary warehousing, logistic and shipping services to customers to earn service commission fees.
The Company, through its wholly-owned subsidiaries and an entity controlled through contractual arrangements, is engaged in sales of electronic components to customers in the People's Republic of China (“PRC”). Major electronic components purchased from suppliers and then sold to customers through the Company's online platform include: integrated circuit, discretes, passive components, optoelectronics, electromechancal, Maintenance, Repair and Operations (“MRO”), design tools, etc. These electronic components are primarily used by customers in the consumer electronic industry, automotive electronics, industry control segment with primary target customers being China-based small and medium-sized enterprises. In addition, the Company also provides customs clearance, temporary warehousing, logistic and shipping services to customers to earn service commission fees.
The Company purchases electronic component products from third-party suppliers and then sells to customers. The Company's products have similar economic characteristics with respect to vendors, marketing and promotions, customers and methods of distribution. The Company's chief operating decision maker has been identified as the Chief Executive Officer, who reviews consolidated results when making decisions about allocating resources and assessing performance of the Company, and concludes that the Company has only one reporting segment.
2015 - The Company, formerly known as Horizon Business Intelligence Co., Limited, was incorporated as an exempted company with limited liability under the laws of the Cayman Islands on June 18, 2015 and changed to its current name on May 15, 2018.