IRVINE,
Calif., Jan. 3, 2023 /PRNewswire/ -- ATIF Holdings
Limited (NASDAQ: ATIF, the "Company" or "ATIF") is pleased to
announce that it through its wholly-owned subsidiary, ATIF Business
Consulting, LLC, has entered into a definitive consulting agreement
(the "Agreement") with New Century Logistics (BVI) Limited (" New
Century ") to provide it with IPO advisory services. New Century is
a Hong Kong based freight
forwarding service provider with operations in Hong Kong and Shenzhen, China.
Pursuant to the Agreement, the Company will be the lead advisor
for New Century's IPO process and shall assist New Century to
identify and engage third party service providers, including
auditors, valuators, stock exchange advisors, investor relation
firm and other IPO service providers.
New Century is a professional air and sea freight forwarding
service provider, specializing in the sale of cargo space,
collection of cargo, outside airport air cargo screening, pallets,
preparation of cargo documents, customs clearance and port handling
of cargo, and related services such as local shipping. New Century
has served customers from more than 140 countries.
In the past 15 years, New Century has developed rapidly and
built an excellent brand as an air service provider in Hong Kong and Shenzhen. Through continuous innovation and
development, New Century has won high recognition from customers
and peers.
"We are very excited to participate in New Century's planned
public listing, which will serve as a major catalyst for their
continued growth," said Jun Liu,
ATIF's President, CEO and Chairman of the Board, "As a logistics
company engaged in professional international air transportation,
New Century has more than 15 years of professional international
air transportation service history in Hong Kong and a mature professional operation
service team. Moreover, New Century has taken a sophisticated
approach to optimizing the entire range of air cargo management for
the benefit of its customers and partners. ATIF hopes that a public
listing will provide New Century with additional growth
opportunities, expand their air service provider brand presence and
enhance their ability to address the challenges faced by the global
supply chain."
New Century Chairman Ngan Ching
Shun states, "After extensive research and exploration, and
eliminating a number of highly qualified service providers, we are
pleased to be working with ATIF, an international organization, to
help us build our IPO team and achieve our goal of becoming a
public company. Going public is a daunting task and a team of
experienced advisors with a proven track record of success is
essential, especially when dealing with challenging capital
markets, and we are pleased to take this important step with ATIF,
which we hope to help us gain great access to U.S. and offshore
investment institutions and individual investors."
About ATIF
ATIF Holdings Limited (NASDAQ: ATIF) is an Irvine-based financial group that provides
professional and compliant IPO and M&A advisory services to
companies through a combination of business, financial, counseling
and consulting services. ATIF has professional and skilled business
and financial services experience, and has successfully provided
dozens of companies with full U.S. IPO counseling and consulting
services to date. ATIF owns a comprehensive financial services
network platform www.IPOEX.com, developed by a strong team of
technology development and network experts, which provides SMEs
with one-stop services across digital finance, business consulting,
asset securitization and digitization. ATIF was awarded the "Golden
Bauhinia Award", the highest award in the financial and securities
industry in Hong Kong, for "Top 10
Best Listed Companies".
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 guarantee 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 obtain additional financing in
the future to fund capital expenditures; ability to attract new
clients, complete projects for 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 10-K
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.
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SOURCE ATIF Holdings Limited