SHENZHEN, China, Oct. 22, 2020 /PRNewswire/ -- 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
Association
Shenzhen 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 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