ATIF Holdings Limited Signs Strategic Collaboration with Shenzhen Big Data Association, Strives to Incubate High-Growth Pre-I...
October 22 2020 - 8:06AM
ATIF Holdings Limited (Nasdaq: ATIF, the “Company”), a company
providing business consulting and multimedia services in Asia,
today announced that through its viable interest entity, Qianhai
Asia Times (Shenzhen) International Finance Services Co. Ltd., on
October 13, 2020 it signed a strategic collaboration agreement with
Shenzhen Big Data Research and Development Association (“Shenzhen
Big Data Association”) for its online financial and consulting
service platform IPOEX.com (“IPOEX”), targeting at nationwide
high-tech enterprises.
Based on the strategic collaboration, Shenzhen
Big Data Association will make fullest use of its leadership, deep
government connections and strong industry consolidation expertise
to offer an important portal for IPOEX to recruit high-tech
companies with high growth potential to become members of IPOEX.
The two parties plan to hold seminars and conferences across China
to provide online and offline consulting for these enterprises in
equity financing, business incubating and IPO consulting services
etc.
Mr. Chunlei Zhao, Executive President of
Shenzhen Big Data Association, commented: “We look forward to
working with ATIF. Our mission is to build a resourceful platform
that integrates market information, consulting, technology research
and related services. Whereas IPOEX houses one of the most
comprehensive investment institution database in China, supported
by a professional team that provides corporate consulting,
multi-faceted media and equity financing matchmaking services. We
are confident our collaboration will expose high-growth companies
to financing resources in the capital market and promote the fast
development of big data industry.”
Following the three IPOEX cooperation signed
last month, the Company announced its collaboration with Shenzhen
Big Data Association. The association is one the few institutions
that focuses on vertical sectors, national market resources, and
maintains good relations with local governments and high-tech
companies in China. The Company believes the collaboration will
help to better prepare Chinese companies across the country to gain
access to the capital market and achieve success both in business
development and their enterprise values in the public market.
About Shenzhen Big Data Research and
Development AssociationShenzhen Big Data Association was
set up in 2015, and is one of the only two big data associations in
Shenzhen and has subsidiary offices in 14 Chinese cities such as
Shanghai, Hong Kong, Qingdao and Dongguan. It provides services
nationwide that covers municipal cities and 12 provinces. Currently
it has over 1,000 high-tech corporate members. The association is
jointly run by professional managers and provides services in
market resources consolidation and promotion, big data, technology
R&D and review, copyright patent, enterprise development
consulting, industrial favorable policies introduction and
fundraising etc. It also works closely with local governments and
big data platforms in China to build up an all-compassing “big data
+ digital economy” ecosystem for resource sharing and distribution.
For more information, please visit: www.bd2015.org/ .
About ATIF Holdings
LimitedHeadquartered 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 StatementsCertain
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 any questions regarding this release, please call: Janice Wang
Contact Person : Janice Wang
Cell Number: +86 13811768559
Email: jwang@changqingconsulting.com
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