LOS ANGELES,
Oct. 12, 2020 /PRNewswire/ -- ATIF Holdings Limited
(Nasdaq: ATIF, the "Company"), a company providing business
consulting and multimedia services in Asia, announced that it has recently reached a
collaboration arrangement with the Workforce Development Board of
the San Bernardino County,
California ("San Bernardino WDB") to foster local employment
and reemployment. In July, ATIF established its new headquarters in
the City of Rancho Cucamonga
in San Bernardino County
within the Greater Los Angeles
area, to expand its business to the North
America market.
Based on the collaboration arrangement, ATIF will recruit 100
experienced professionals with background in corporate business,
marketing and financial market though the career center of San
Bernardino WDB. These new talents to be recruited will actively
focus on assisting ATIF to establish business relations with U.S.
listed companies, and companies that are preparing to be listed on
a stock exchange, in order for ATIF to provide investor relations
services to these companies, such investor relations services
include capital market strategic communications and various media
programs. The purpose of the collaboration will also assist the San
Bernardino WDB to mitigate the rising problem of unemployment
during the current epidemic period, and to alleviate the financial
difficulties faced by some local workers whom are no longer
qualified for unemployment benefits.
Additionally, ATIF is seeking licenses for providing financial
services in the United States, and
plans to diversify and expand its businesses into IPO underwriting,
securities brokerage and asset management in the U.S market. To
prepare for this, ATIF is launching a comprehensive talent
recruitment program.
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.
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SOURCE ATIF Holdings Limited