IRVINE,
Calif., Jan. 16, 2023 /PRNewswire/ -- ATIF
Holdings Limited (NASDAQ: ATIF, hereinafter referred to as the
"Company" or "ATIF") issued this year's New Year's Letter to
Shareholders, which was authored by ATIF's President, Mr.
Jun Liu. The following is the full
text:
Dear ATIF Shareholders:
Thank you for your continued support and trust in ATIF. We are
pleased to report that the Company has thus far laid the foundation
for building a multifaceted business segment. I am as excited to
deliver this message to you today in this letter as we were when
ATIF was first formed..
The past three years have presented us with unprecedented
challenges. The recurrence of the Covid-19 pandemic, macro policy
regulation of the market, and delays in making decisions on large
integrated projects have impacted ATIF's growth in many ways.
However, during these three years, we actively responded to market
changes and worked hard to plan accordingly with the aim of fully
upgrading our Internet financial information service platform
IPOEX.com, which we plan to build into an industry-leading
integrated platform with equity crowdfunding and asset
securitization functions. To support the company's development
initiatives, we have established two core cornerstones, a strong
technical development and a team of network experts, to strengthen
IPOEX.com in providing more diversified financial services to
SMEs.
Since its inception, ATIF has been committed to providing
business advisory and financing services to outstanding companies
around the world to access the U.S. capital markets. Following
this, we successfully listed on NASDAQ in 2019 and received the
"Top 10 Best Listed Companies of 2019" from the Golden Bauhinia
Awards, the highest award for the financial and securities industry
in Hong Kong.
Today, we are ready to move forward and make the most of the
opportunities that lie ahead of us. We are confident because our
business model has enabled us to advise several active companies
that have all successfully entered the capital market. We believe
the following initiatives will enable ATIF to grow our operations
and deliver value to our loyal shareholders.
Our IPO advisory services have gradually shifted from
Asia to North America, with the U.S. market becoming
the primary service market for our business. We are actively
preparing to organize financial forums to help ATIF identify
potential SME candidates for business promotion while also
expanding our audience in the US. At the same time, we will seek to
expand our international business footprint, with the U.S. market
as our main base for growth, and explore various countries and
regions such as the Middle East,
Europe, and Southeast Asia for IPO coaching.
In FY2022, we have signed approximately six clients who plan to
list on the U.S. stock exchange. Our clients cover a wide range of
industries, including new photovoltaic energy, alternative fuel
vehicles, smart parking, logistics and shipping, freight storage,
micro lodging, etc. We have a diversified resource structure and a
bright future for different industries.
Conclusion
For 2023, our team and I are full of confidence. Access to
capital is a key driver of growth for any business and coupled with
providing practical and effective advice, our aim remains to
provide the best and most effective service to our SME clients. We
are very much looking forward to ATIF's growth in the new year and
expect that the IPOEX platform will provide multidimensional data
and vital financial services to our clients, driving the IPOEX
platform to become a strong and influential brand in the
future.
Capital market price ups and downs have their own fluctuation
laws, we sincerely hope that shareholders actively hold and pay
attention to it for a long time. We will adhere to the development
of long-term thinking and firmly believe that the future will be
better! Our team and I would like to sincerely thank you for your
continued support.
Finally, as the Chairman of the Board of Directors of ATIF
Holdings Limited, I would like to express my gratitude to:
- our shareholders and investors who have steadfastly supported
ATIF's growth over the years;
- those who have contributed to the development of ATIF over the
years; and
- the hard-working ATIF employees .
Jun Liu
President, Chairman and Chief Executive Officer
ATIF Holding Limited
About ATIF
ATIF Holdings Limited (NASDAQ: ATIF) is a Los Angeles-based financial company that
provides professional and compliant IPO and M&A advisory
services to companies through a combination of business, financial,
counseling and consulting services. ATIF has extremely professional
and skilled business and financial services experience, and has
successfully provided dozens of companies with full U.S. IPO
counseling and consulting services to date. ATIF owns a
comprehensive financial services network platform www.IPOEX.com,
developed by a strong team of technology development and network
experts, which provides SMEs with one-stop services across digital
finance, business consulting, asset securitization and
digitization. ATIF was awarded the "Golden Bauhinia Award", the
highest award in the financial and securities industry in
Hong Kong, for "Top 10 Best Listed
Companies".
Forward-Looking Statements
Certain statements in this press 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, "estimated," "projected," Words
such as "expect", "anticipate", "predict", "plan", "intend",
"believe", "seek", "may", "will", "should", "future", "propose" and
variations of these words or similar expressions (or the opposite
of such words or expressions) are intended to identify
forward-looking statements. These forward-looking statements do not
guarantee 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 and may cause actual results or achievements to differ
materially from those discussed in the forward-looking statements.
Important factors include future financial and operating results,
including revenues, income, expenses, cash balances and other
financial items; Ability to manage growth and expansion; Current
and future economic and political conditions; The ability to
compete in industries with low barriers to entry; The ability to
obtain additional financing to fund capital expenditure in the
future. Ability to attract new customers and further enhance brand
awareness; Ability to hire and retain qualified management and key
staff; Trends and competition in the financial advisory services
industry; Pandemic or epidemic disease; Except as required by law,
the Company undertakes no obligation to update forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations. Although the Company believes that
the expectations expressed in these forward-looking statements are
reasonable, the Company 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 expected results
expressed or implied by the forward-looking statements we make. You
should not interpret forward-looking statements as predictions of
future events. Forward-looking statements represent only the
beliefs and assumptions of our management as of the date such
statements are made. The above forward-looking statements are made
as of the date of this press release.
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SOURCE ATIF Holdings Limited