LIZHI partners with Aranya Theater Festival to launch "Migratory Birds Live Radio" project

LIZHI INC. ("LIZHI" or the "Company") (NASDAQ: LIZI), a leading online UGC audio community and interactive audio entertainment platform in China, is partnering with the Aranya Theater Festival and the celebrated podcast label Midnightalks Podcast Network to launch the "Migratory Birds Live Radio" project. The partnership will produce live broadcasts and podcasts that will become the first 300-hour non-stop live audio broadcast in China's online audio industry.

The Aranya Theater Festival is the first seaside theater festival in China, with renowned director Meng Jinghui, acclaimed actress Zhang Ziyi, and prominent actor and director Chen Minghao jointly serving as artistic directors. As a key program at the festival, "Migratory Birds 300" brings together 300 creators with diverse backgrounds, hailing from all over the country, to display their works on site for a total of 300 hours of interaction, communication, performance and creation over a 12-and-a-half day period. Well-known dramatist and crossover artist Liu Chang will serve as the artistic planner for the festival and the founder of the "Migratory Birds 300" program.

From June 8th to June 21st, 2021, LIZHI Podcast will work with the celebrated Chinese podcast label Midnightalks Podcast Network to co-create "Migratory Birds Live Radio", the 300-hour non-stop live audio broadcast that captures the "Migratory Birds 300" program through dialogue, voice recordings, and live external link-ups. Both online live broadcasts and offline recordings will be used in tandem. The live broadcast will last 300 hours and the live content will be selected and edited into dozens of podcasts with a cumulative duration of about 40 hours, which will then be launched exclusively on LIZHI Podcast.

Mr. Jinnan (Marco) Lai, Founder and Chief Executive Officer of LIZHI, said, "We are honored to work with the Aranya Theater Festival and Midnightalks Podcast Network to launch the 'Migratory Birds Live Radio' project, a pioneering collaboration in Chinese podcasting. Through the 300-hour live audio broadcast with real-time interaction, which is exclusively presented by LIZHI Podcast, our users can overcome distances to directly communicate and interact with the artists, and experience the unique charm of 'Migratory Birds 300' program more personally.

"LIZHI has always attached great importance to business innovation and technological breakthroughs. Thanks to LIZHI's in-house real-time communication (RTC) technology developed by the DOREME project (LIZHI's in-house audio technology solution), LIZHI Podcast can provide users with an interactive listening experience via high-quality live audio broadcasts for the 'Migratory Birds Live Radio' project. We plan to continue expanding the boundaries of podcasting and live audio broadcasting through continuous enhancement of our technical prowess, and drive long-term business growth."