ATIF Holdings Limited Signs Strategic Collaboration with Zhuhai Boxin Technology, Targeting Hi-Tech Corporate Clients
September 21 2020 - 8:00AM
ATIF Holdings Limited (Nasdaq: ATIF, the “Company”), a company
providing business consulting and multimedia services in Asia,
announced that through its viable interest entity, Qianhai Asia
Times (Shenzhen) International Finance Services Co. Ltd., it has
reached strategic cooperation with Zhuhai Boxin Technology Limited
Co. (“Boxin Tech”), to target explicitly at Zhuhai-based hi-tech
enterprises as potential clients for the Company’s online financial
consulting services platform IPOEX.com (“IPOEX”). This is the third
partnership aiming at in-depth collaborations reached between the
Company and its invaluable partners within this month, following
Dexin Dahua and Wenzhou Chamber of Commerce in Shenyang City.
Based on the partnership, Boxin Tech will serve
as one of IPOEX’s corporate client channels, making fullest use of
its rich experience in catering the needs of government-sponsored
projects. Boxin Tech, together with IPOEX, will apply to Zhuhai
City’s relevant authorities to organize specialized consulting
events, for the purpose of appealing to Zhuhai-based enterprises
operating in internet and information technology, software design
and other high-tech field to become members on IPOEX. In return
IPOEX will provide all-encompassing, online and offline consulting
services in global financial system, equity capital raising,
project incubation and IPO advisory for these corporate
clients.
Ms. Xiaohong Chen, General Manager of Boxin Tech
said, “We are confident about the future development of IPOEX.
Currently companies receiving our services are largely unfamiliar
with the capital market, and they are in great need of consulting
and tutoring in how to combine business operation with finances,
especially for those companies with tech genes. We hope IPOEX’s
expertise and systematic program can help fill up the companies’
lack of understanding in the financial world so that they can be
more fairly valued by the capital market in order to speed up the
integration of their business operation and capital
utilization.”
Mr. Pishan Chi, CEO of the Company
commented, “We look forward to cooperating with Boxin Tech in
high-tech field. Boxin Tech has profound experience and renowned
reputation in the sector and has accumulated enterprise database
over the years. Boxin Tech is also highly credible in the eyes of
local government and we believe our collaboration will help
Zhuhai-based companies to gain access to the capital market
efficiently in order to achieve the ‘win-win’ goal of realizing
both our companies’ market values and business success.”
About Zhuhai Boxin Technology Limited Co.
Founded in 2016, Zhuhai Boxin Technology Limited Co. is mainly
engaged in providing consulting for tech-related projects and
management consulting services, which include but are not limited
to, R&D in patented technologies, internet and software
technologies, tech transfers, and other consulting or tech-related
services. Boxin Tech has over 20 professionals in finances, legal
and consulting fields who provide directories and guidance on the
application and verification of national high-tech patents, and
related standardized management systems by relevant engineering
tech studies center or corporate tech verification
authorities. Till today it has successfully helped over 100
Chinese tech companies obtain the needed verifications, such as
Gree Precision Mould; Gree Smart; Golden Max and Augas Med etc.
Boxin Tech’s expert team also participated in the intellectual
property management standard system certification process of more
than 300 famous enterprises, including Guangxi Metallurgical
Research Institute, Shanghai Postal and Telecom Design Consulting
College, Zhuhai GTC Boiler Components Co etc. For more information,
please visit: http://www.bxkj-cn.cn/.
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 operates an
internet-based financial consulting service platform IPOEX.com,
which provides prestige membership services including online
capital market information, pre-IPO education and matchmaking
services between SMEs and financing institutions. 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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