ATIF Holdings Limited Outlines Growth Strategies for Online Financial Consulting Services Platform IPOEX.com
September 08 2020 - 8:00AM
ATIF Holdings Limited (Nasdaq: ATIF, the “Company”), a company
providing business consulting and multimedia services in Asia,
today outlined the business strategies of IPOEX.com (IPOEX), the
online financial consulting services platform that it has launched
recently. IPOEX aims to provide financial consulting services to
corporate members assisting them to prepare for fund-raising and
initial public offerings in the domestic and international markets.
IPOEX publishes its members’ corporate profile and fund-raising
information on IPOEX to further their investor relation
development, and also provide online IPO tutorials to its members
to educate them to understand the capital market.
IPOEX will work with various regional industrial zones and trade
associations, and shall divert traffic to its platform to increase
its membership network. Based on the circumstances of its members,
IPOEX will provide them with comprehensive offline professional
training and guidance based on their requirements.
For free membership, members may publish their corporate
profile, fund-raising information, and to attend online IPO
tutorials. Formal member in the paid membership includes unlimited
access to IPOEX’s database of global investors, unlimited access to
real-time investment opportunity and investment information. Formal
membership also includes tailor-made services including investor
relations website set-up and one-on-one consulting services.
Specifically, the exclusive consulting services are divided into
paid add-on services including corporate and equity structure
proposal, investment and fundraising, merger and acquisition
matters, as well as training on legal compliance, due diligence,
and financial valuation knowledge, for the purpose to best prepare
the members to meet the various standard required as a listed
company.
To date IPOEX has accumulated over 20,000 global institutional
investors in its database, of which may invest in different
industries, including but not limited to businesses in internet
technology, automobiles, healthcare, food and industrial
textile.
CEO of ATIF, Mr. Pishan Chi said, “Our mission is to streamline
financing and IPO process for small and medium-sized companies and
help them gain more access to financing and IPO. Our tailored
services in one-on-one training, investor relations website set up,
due diligence education etc. are designed to efficiently match
demands of the members with the right resources. Our mobile app
will also be published soon and we plan to accumulate over 30,000
registered members, 30,000 to 50,000 institutional investors and 1
million individual investors on IPOEX’s database by the end of
2021.”
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 to
produce related advertising material. In
addition, ATIF invests in films and TV programs and
distributes them in movie theaters or through online
platforms. ATIF is also one of majority shareholders
of AeroCentury Corp. (NYSE American: ACY) which is an
independent global aircraft operating lessor and finance company
specializing in leasing regional jet and turboprop aircraft and
related engines to airlines and commercial users
worldwide. For more information, please
visit https://ir.atifchina.com/.
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 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:
EverGreen Consulting Inc. Janice Wang +86-13811768559
+1-908-510-2351 IR@changqingconsulting.com
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