ATIF Holdings Limited Announces Establishment of New Headquarters in Los Angeles for Exploring North America Market
July 06 2020 - 8:00AM
ATIF Holdings Limited (Nasdaq: ATIF, the “Company”), a company
providing business consulting services and multimedia services in
Asia, today announced the establishment of its new headquarters in
Los Angeles on July 1, 2020 for exploring north America market.
Establishing an international headquarters in
the United States is in line with ATIF's international development
and geographic expansion strategies. The Company is always working
on expanding market coverage and achieving diversified development.
Previously, ATIF has established headquarters in Shenzhen and Hong
Kong. The new headquarters in Los Angeles will enhance ATIF’s
capabilities, improve the efficiency of capital markets information
exchanging of the mainland, Hong Kong and the United States, and
better assist clients to go public in the United States.
Mr. Jun Liu, CEO and Director of ATIF,
commented, “Most companies lack the knowledge needed for IPO, which
makes them almost impossible to effectively connect and cooperate
with various service providers. Also, many problems can occur in
the various compliance procedures and listing application,
resulting in many companies failed IPOs and suffered huge losses.
ATIF can provide comprehensive listing consulting service for these
companies in need.”
Mr. Liu continued, “Many U.S. companies are
facing the difficulty of financing because of COVID-19, and their
needs for listing and financing keep increasing. To help them and
address this market, we established our headquarters in the United
States during this period, focusing on helping U.S. companies plan
their IPOs and overcome the economic crisis caused by
COVID-19.”
About ATIF Holdings Limited
Headquartered in Shenzhen, China, ATIF Holdings
Limited (“ATIF”) is a company providing business consulting
services to small and medium-sized enterprises in Asia, including
going public consulting services, international business planning
and consulting services, and financial media services. ATIF has
advised several enterprises in China in their plans to become
publicly listed in the U.S. Through its majority-owned subsidiary,
Leaping Group Co., Ltd., ATIF also provides multimedia services and
is engaged in three major businesses including multi-channel
advertising, event planning and execution, film and TV program
production and movie theater operations. ATIF operates the largest
pre-movie advertising network in Heilongjiang Province and Liaoning
Province of China and also provides advertising services in
elevators and supermarkets. ATIF is often hired to plan both online
and offline advertising campaigns and produce related advertising
materials. In addition, ATIF invests in films and TV programs and
distributes them in movie theaters or through online
platforms. For more information, please visit
https://ir.atifchina.com/.
About Heilongjiang WKG Advertising Co.,
Ltd.
Heilongjiang WKG Advertising Co., Ltd. (WKG) a
comprehensive media company for sports event planning, operation
and promotion. WKG operates its own comprehensive fighting
event-"WKG Comprehensive Fighting Tournament", committing to
providing sports fans with wonderful world comprehensive fighting
sports shows. In addition, WKG has established long-term strategic
partnerships with over 200 TV stations and Internet media company
to broadcast sports events around the world. In 2016, WKG co-host
"WKG & M-1 World Comprehensive Fighting Tournament" with M-1
Global Holdings, the member of the World Fighting Association and
one of the world’s top event originator.
Forward-Looking Statements
Certain statements made in this release are
“forward looking statements” within the meaning of the “safe
harbor” provisions of the United States Private Securities
Litigation Reform Act of 1995. When used in this press release, the
words “estimates,” “projected,” “expects,” “anticipates,”
“forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,”
“will,” “should,” “future,” “propose” and variations of these words
or similar expressions (or the negative versions of such words or
expressions) are intended to identify forward-looking statements.
These forward-looking statements are not guarantees of future
performance, conditions or results, and involve a number of known
and unknown risks, uncertainties, assumptions and other important
factors, many of which are outside the Company’s control, that
could cause actual results or outcomes to differ materially from
those discussed in the forward-looking statements. Important
factors, among others, are: future financial and operating results,
including revenues, income, expenditures, cash balances and other
financial items; ability to manage growth and expansion; current
and future economic and political conditions; ability to compete in
an industry with low barriers to entry; ability to continue to
operate through our VIE structure; ability to obtain additional
financing in the future to fund capital expenditures; ability to
attract new clients, and further enhance brand recognition; ability
to hire and retain qualified management personnel and key
employees; trends and competition in the financial consulting
services industry; a pandemic or epidemic; and other factors listed
in the Company’s annual report on Form 20-F and other documents
filed with the Securities and Exchange Commission. The Company
undertakes no obligation to update forward-looking statements to
reflect subsequent occurring events or circumstances, or changes in
its expectations, except as may be required by law. Although the
Company believes that the expectations expressed in these
forward-looking statements are reasonable, it cannot assure you
that such expectations will turn out to be correct, and the Company
cautions you that actual results may differ materially from the
anticipated results expressed or implied by the forward-looking
statements we make. You should not rely upon forward-looking
statements as predictions of future events. Forward-looking
statements represent our management’s beliefs and assumptions only
as of the date such statements are made. These forward-looking
statements are made as of the date of this news release.
For more information, please contact Investor
Relations at:
Ascent Investor Relations LLC Tina Xiao, President Phone:
917-609-0333 Email: tina.xiao@ascent-ir.com
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