Sound Group CEO Jinnan (Marco) Lai Acquires Company Shares, Demonstrating Confidence in Future Growth

Rhea-AI Summary

Sound Group (NASDAQ: SOGP) announced that Founder, CEO and Chairman Jinnan (Marco) Lai purchased company shares in the open market on Oct 15, 2025.

Mr. Lai said the accelerating development and expanding global applications of Voice AI increase Sound Group’s growth potential and that his personal purchase reflects strong confidence in the company’s long-term strategy. He also indicated he intends to continue purchasing shares in the open market when appropriate, subject to the company’s insider trading policy and applicable securities laws.

SINGAPORE, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Sound Group Inc. (“Sound Group” or the “Company”) (NASDAQ: SOGP), a global AI-powered audio company, today announced that its Founder, Chief Executive Officer and Chairman, Jinnan (Marco) Lai, recently purchased the Company’s shares in the open market.

“The accelerating development and expanding global applications of Voice AI are unlocking Sound Group’s even greater growth potential,” said Mr. Lai. “My personal investment reflects my strong confidence in the Company’s long-term strategy and development prospects. Going forward, we will continue to enhance our AI capabilities, expand our product ecosystem, and drive innovation across the global audio industry.”

Mr. Lai also indicated that he intends to continue purchasing Sound Group shares in the open market when appropriate, subject to the Company’s insider trading policy and applicable securities laws and regulations.

About Sound Group Inc.

Sound Group Inc. is a global audio-centric social and entertainment company driven by a clear mission and vision: building the world’s largest audio platform to better connect and communicate. The Company is dedicated to shaping a future where audio not only bridges gaps but also amplifies human connection through the power of sound. Sound Group Inc. has been listed on Nasdaq since January 2020.

For more information, please visit: https://ir.soundgroupinc.com/

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, results of operations and financial condition; the expected growth of the online audio market; the expectation regarding the rate at which to gain active users, especially paying users; the Company’s ability to monetize the user base; fluctuations in general economic and business conditions in China and overseas markets; the economy in China and elsewhere generally; any adverse changes in laws, regulations, rules, policies or guidelines applicable to the Company; and assumptions underlying or related to any of the foregoing. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the Securities Exchange Commission. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

For investor and media inquiries, please contact:

Sound Group Inc.
IR Department
E-mail: ir@soundgroupinc.com

Piacente Financial Communications
Jenny Cai
E-mail: soundgroup@tpg-ir.com

FAQ

What did Sound Group (SOGP) announce about CEO Jinnan (Marco) Lai's share purchases on Oct 15, 2025?

Sound Group announced that CEO Jinnan (Marco) Lai purchased the company’s shares in the open market and said he intends to continue purchasing when appropriate.

Does CEO Marco Lai plan additional purchases of SOGP shares and under what conditions?

Yes; he indicated he intends to continue purchasing SOGP shares in the open market, subject to the company’s insider trading policy and applicable securities laws.

Why did Marco Lai say he bought Sound Group (SOGP) shares?

He said accelerating Voice AI development and expanding global applications increase Sound Group’s growth potential and his purchase reflects confidence in the company’s long-term strategy.

Will Marco Lai’s open-market purchases of SOGP shares change company guidance or financials?

The announcement does not include any changes to company guidance or financial results.

Where can investors find rules governing Marco Lai’s future SOGP purchases?

Future purchases will follow the company’s insider trading policy and applicable securities laws and regulations as stated in the announcement.