February 8, 2025

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ATIF Holdings Minimal Announces Relocating Running Headquarter to California and Launching New Business enterprise Product

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LOS ANGELES, Calif., Jan. 4, 2021 /PRNewswire/ — ATIF Holdings Constrained (Nasdaq: ATIF, the “Group”, “ATIF” or “we”), a company providing business consulting and multimedia companies in Asia and North The united states, today introduced that it officially relocated its operating headquarter to California, United states of america, and launching new business enterprise model with a few sectors: asset management, expenditure keeping and media providers, to increase the group’s business with a adaptable business strategy that is predicted to carry large advancement income and strong revenue expansion.

ATIF Inc., a wholly owned subsidiary of ATIF (“ATIF Inc.”) has been integrated in California on October 2020 as ATIF’s new functioning headquarters. It was nicely been given by consumers in the United States, and have currently secured 4 California based clients for IPO consulting providers considering that its inception totaled to US$4 million contract volume in aggregate. Customers situated inside United States will be serviced by ATIF Inc. from its California headquarter, although consumers outdoors United Condition will be supported by ATIF Inc.‘s business facilities overseas. Huaya Consultant (Shenzhen) Co., Ltd., a wholly owned subsidiary of ATIF, will serve as ATIF Inc.’s company centre in PRC for customers located in the PRC. To streamline the management chain and to increase management management with reduce costs, the Team terminated the agreements pertaining to the services furnished by Qianhai Asia Occasions (Shenzhen) Intercontinental Monetary Services Co., Ltd. Now, the Group is in dialogue with other business enterprise businesses to collaborate with, leveraging their assets to guide the Team as the Group’s small business facilities in other jurisdictions. The Group believes that this streamlined administration design and strategic partnership technique is in line with the present quickly-changing and aggressive small business natural environment and will provide the Team with powerful development functionality.

Launch of a few important sectors, asset management, investment decision keeping and media products and services

Asset administration sector is a brand-new segment included to the Group. In 2020, the Group formed an asset administration group with sequence 65 securities licenses and begun to commit on securities in January 2020. Based on the asset management team’s unique portfolio approaches and accurate judgment to the market, the securities investment decision sector has yielded an suitable return for the Group. The Group ideas to formally launch its securities financial commitment business immediately after it has attained the asset management qualification from FINRA in January 2021. Additionally, the Team is in approach to register with SEC for investment advisory, which is envisioned to be completed by the initially quarter of 2021. The Group is also in the midst of location up a personal fund, which is envisioned to present equity investments and financial investment advisory providers in the U.S. stock market. In the long term, ATIF anticipates the asset management company will crank out sustainable and secure fund administration rate revenue and significant return efficiency bonus money for the Team.

The investment holding sector will enhance the existing going public consulting expert services by switching the company fee from hard cash remuneration to equity remuneration alternatively. The Team understands that begin-ups have liquidity troubles and this answer will support incubating get started-ups and provide greater return chances for the Team, bringing a acquire-earn circumstance for both equally the Group and its purchasers. The media expert services sector will reinforce the current media companies to supply public and investor relations products and services to businesses and going community advisory purchasers in China. The Group’s small business centre in PRC has deep media relations and professional capital marketplace operations, and is able to deliver extensive trader relations expert services and domestic media marketing expert services to US-shown Chinese businesses.

Mr. Pishan Chi, Main Govt Officer and Director of ATIF, commented, “We are quite pleased with the establishment of our California headquarters. Considering the fact that our IPO in Could 2019, we have been checking out and experimenting with our organization working model and ultimately identified that a streamlined working product will considerably increase the Group’s management effectiveness and give us a lot more vitality to believe and build a extra thorough, timely, and economical company and support composition for our consumers. We anticipate that the new California headquarters and the newly optimized strategic company product will bring a clean start out and a robust potential for ATIF.”

Mr. Liu Jun, Chairman of the Board and President of ATIF, extra: “This new business addition and strategic transformation of ATIF is a daring judgment and advantageous measure designed by the Group’s management in reaction to the fast-previous and at any time-changing company ecosystem in the U.S. money industry in a timely fashion. In the facial area of the massive worries posed by the 2020 epidemic, we have dedicated a lot of interior examination and adjustment things to consider and produced mindful forecasts of the long term cash industry and small business surroundings. We consider that this new business enterprise addition and transformation is not only a major action for ATIF to move in the direction of world wide business, but also a new chance for ATIF. We assume that the new business enterprise sectors and business enterprise portfolio will deliver diversified profits to the Group and sustainable superior growth earnings to our shareholders.”

About ATIF Holdings Limited

Headquartered in Los Angeles, California, ATIF Holdings Limited (“ATIF”) is a holding group with asset management, investment keeping and multimedia sectors and offer business enterprise consulting expert services to tiny and medium-sized enterprises in Asia and North The usa, which include heading community consulting services, international organization arranging and consulting products and services, and financial media solutions. ATIF operates an web-dependent money consulting services system IPOEX.com, which gives prestige membership providers including on the internet capital market place details, pre-IPO instruction and matchmaking providers involving SMEs and financing institutions. ATIF has advised numerous enterprises in China in their strategies to become publicly mentioned in the U.S. By way of its majority-owned subsidiary, Leaping Team Co., Ltd., ATIF also presents multimedia providers and is engaged in 3 major companies, including multi-channel advertising, function organizing and execution, film and Tv method production and movie theater functions. ATIF operates the most significant pre-motion picture marketing community in Heilongjiang Province and Liaoning Province of China and also offers promotion companies in elevators and supermarkets. ATIF is generally hired to program equally online and offline promotion strategies and to generate connected advertising and marketing materials. In addition, ATIF invests in movies and Tv packages and distributes them in motion picture theaters or by way of on the internet platforms. For additional information and facts, be sure to visit https://ir.atifchina.com/.

Forward-Hunting Statements

Particular statements created in this launch are “forward seeking statements” within the which means of the “safe harbor” provisions of the United States Non-public Securities Litigation Reform Act of 1995. When utilized in this push release, the phrases “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these text or related expressions (or the unfavorable variations of such words or expressions) are intended to determine forward-searching statements. These forward-wanting statements are not promise of long run performance, disorders or results, and entail a selection of acknowledged and unfamiliar pitfalls, uncertainties, assumptions and other crucial variables, many of which are outside the house the Company’s regulate, that could result in actual results or outcomes to vary materially from people reviewed in the forward-seeking statements. Significant elements, amid others, are: potential money and running final results, including revenues, income, expenses, funds balances and other money products skill to take care of advancement and growth recent and foreseeable future economic and political problems means to contend in an industry with lower barriers to entry potential to continue to work by way of our VIE structure skill to get hold of additional financing in the long term to fund funds expenditures skill to catch the attention of new customers and further enrich manufacturer recognition means to retain the services of and retain skilled management staff and essential employees traits and competitors in the fiscal consulting products and services sector a pandemic or epidemic and other variables shown in the Company’s yearly report on Sort 20-F and other documents filed with the Securities and Trade Commission. The Business undertakes no obligation to update forward-on the lookout statements to reflect subsequent developing activities or conditions, or improvements in its anticipations, besides as may perhaps be necessary by law. Even though the Company thinks that the expectations expressed in these ahead-hunting statements are sensible, it are not able to assure you that this kind of expectations will convert out to be accurate, and the Firm cautions you that genuine outcomes may vary materially from the predicted effects expressed or implied by the ahead-looking statements we make. You must not rely upon ahead-wanting statements as predictions of upcoming situations. Forward-on the lookout statements represent our management’s beliefs and assumptions only as of the day these kinds of statements are made. These ahead-hunting statements are manufactured as of the date of this news launch.

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