LZ Technology Holdings Limited Class B Ordinary Shares

LZ Technology Holdings Ltd conducts its operations through operating entities formed in the PRC, Lianzhang Portal, and its subsidiaries. The company is an information technology and advertising company with operations organized into three business verticals: Smart Community, which focuses on community access control systems and related technology services; Out-of-Home Advertising, which generates advertising revenue through advertisement displays via community access control devices and subcontractor channels; and Lifestyle Services, which provides lifestyle-related services including retail sales of diversified products, voucher promotion through e-commerce platforms such as WeChat mini programs and Douyin, and other merchant operation and online marketing services.