Lighi Bonds With Xinghe Zhilian Automotive Technology Company

Lizhi Inc LIZI collaborated with Xinghe Zhilian Automotive Technology Co., Ltd to integrate LIZHI's audio products into Xinghe Zhilian's in-car communications and entertainment network.
The arrangement will apply LIZHI's audio products to more in-car scenarios and boost LIZHI's audio technology application in vehicles through Xinghe Zhilian's IoV network, Lizhi CEO Jinnan (Marco) Lai said.
It may also accelerate LIZHI's foray into the field of in-car audio and bring LIZHI's extensive podcast content and immersive audio experiences to a broader range of users.
Price action: LIZI shares traded higher by 13.5% at $6.30 in the premarket session on the last check Friday.