ATIF Holdings Limited Announces Establishment of New Headquarters in Los Angeles for Exploring North America Market

Shenzhen, China, July 06, 2020 (GLOBE NEWSWIRE) -- ATIF Holdings Limited (Nasdaq: ATIF, the “Company”), a company providing business consulting services and multimedia services in Asia, today announced the establishment of its new headquarters in Los Angeles on July 1, 2020 for exploring north America market.

Establishing an international headquarters in the United States is in line with ATIF's international development and geographic expansion strategies. The Company is always working on expanding market coverage and achieving diversified development. Previously, ATIF has established headquarters in Shenzhen and Hong Kong. The new headquarters in Los Angeles will enhance ATIF’s capabilities, improve the efficiency of capital markets information exchanging of the mainland, Hong Kong and the United States, and better assist clients to go public in the United States.

Mr. Jun Liu, CEO and Director of ATIF, commented, “Most companies lack the knowledge needed for IPO, which makes them almost impossible to effectively connect and cooperate with various service providers. Also, many problems can occur in the various compliance procedures and listing application, resulting in many companies failed IPOs and suffered huge losses. ATIF can provide comprehensive listing consulting service for these companies in need.”

Mr. Liu continued, “Many U.S. companies are facing the difficulty of financing because of COVID-19, and their needs for listing and financing keep increasing. To help them and address this market, we established our headquarters in the United States during this period, focusing on helping U.S. companies plan their IPOs and overcome the economic crisis caused by COVID-19.”

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 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 produce related advertising materials. In addition, ATIF invests in films and TV programs and distributes them in movie theaters or through online platforms. For more information, please visit https://ir.atifchina.com/.