Benzinga | Sep 2, 2021 08:35AM EDT

Lizhi Reports Will Be Added To FTSE Global Equity Index Series

LIZHI INC. ("LIZHI" or the "Company" or "We") (NASDAQ:LIZI), a leading online UGC audio community and interactive audio entertainment platform in China, today announced that the Company's stock will be added to the FTSE Global Equity Index Series ("FTSE GEIS"), including FTSE Global Micro Cap Index and FTSE Global Total Cap Index, effective after the U.S. market close on September 17, 2021.

Mr. Jinnan (Marco) Lai, Founder and Chief Executive Officer of LIZHI, shared, "LIZHI's inclusion in the FTSE Global Equity Index Series recognizes our company's global growth achievements and may increase our visibility to the global investor community. As we continue to focus on our globalization strategy, buoyed by strong performance in the second quarter of 2021, we remain committed to building a more competitive audio ecosystem with an international presence, aiming to achieve sustainable long-term growth and deliver value to all our stakeholders."

FTSE GEIS is a leading and trusted global equity index that is used by many top equity investment fund managers. According to FTSE Russell, "FTSE GEIS provides a robust global equity index framework. The series includes over 16,000 large, mid, small, and micro cap securities across 49 developed and emerging markets globally, with a wide range of modular indexes available to target specific markets and market segments."