LOS ANGELES,
April 26, 2021 /PRNewswire/ -- ATIF Holdings Limited
(Nasdaq: ATIF, "ATIF", the "Group" or "We"), a holding group
providing business and financial consulting in Asia and North
America, announced that President and Chairman of the Board,
Jun Liu has assembled a team of
professionals with vast experience in capital markets and finance
industry to enhance shareholder value for our investors, and
appointed Ian Zhou as Chief
Executive Officer of the Group's asset investment division.
ATIF's internal team achieved a satisfactory investment return
in 2020. The outperformance led to a formal proposal to launch its
asset management business in the second quarter of 2021. On
April 26, 2021, ATIF engaged JP
Morgan as prime broker of the fund.
Headquartered in Los Angeles,
California, ATIF Holdings Limited ("ATIF") is a holding
group with asset management, investment holding and online
financial information business with overseas business centers in
Hong Kong and Shenzhen, China to support its global
services. ATIF mainly provides IPO Advisory Services to small and
medium-sized enterprises in Asia
and North America. ATIF also
operates an internet-based financial information service
platform IPOEX.com, which provides prestige membership
services including market information, pre-IPO education, IR media
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. ATIF Inc. successfully filed the ATIF No.1 LP with SEC
in Q1 2021, and formally launch securities investment service and
investment advisory in Q2 2021. ATIF was awarded the "Top 10 Best
Listed Companies 2019" from the "Golden Bauhinia Award", the
highest award in Hong Kong's
financial and securities industry. For more information, please
visit https://ir.atifchina.com/.
Jun Liu is a successful
entrepreneur. with over 20 years of experience in business
start-ups and corporate management. He launched two companies that
were later acquired by global enterprises and played an important
role in another company's entry to the US Capital markets. In 2019,
Jun successfully listed ATIF on Nasdaq, elevating the company's
status in capital markets and further cemented his status in the
finance industry landscape.
The newly formed asset management team assembles financial
talent across the U.S. Newly appointed CEO Ian Zhou brings his depth of management and
investment experience to ATIF-1. He has held several managerial
positions in his previous roles, most recently leading ATIF's team
in equity analytics and asset management. Ian holds a Master's
degree in Management from Cal Poly Pomona and is a UCLA MBA
candidate. The team also includes a number of qualified investment
and asset management professionals who hold financial patents with
over 20 years of experience in operating and managing securities
firms and asset management companies. Together, these individuals
bring their proven investment management strategies to ATIF-1.
Jun Liu, President and Chairman
of the Board commented, "Our performance in 2020 validates our
financial management strategy in the industry. We will continue to
conduct in-depth research on the capital markets to provide best in
class asset management services for investors."
"We believe current market conditions are favorable to our
investment strategies and that there is vast potential in US
capital markets," said Ian Zhou, CEO
of ATIF- 1, "This is a great opportunity for us to demonstrate our
proven success and create value for our shareholders."
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 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