Welcome to our dedicated page for Atif Holdings news (Ticker: ATIF), a resource for investors and traders seeking the latest updates and insights on Atif Holdings stock.
ATIF Holdings Limited (NASDAQ: ATIF) provides investors and business professionals with essential updates through this centralized news resource. Track verified press releases and corporate announcements covering the consulting firm's IPO advisory services, M&A activity, and post-listing compliance support for SMEs.
This page aggregates critical developments including financial results, leadership changes, and strategic partnerships. Users gain immediate access to operational updates about ATIF's cross-border consulting work and regulatory compliance guidance. Content is curated to support informed decision-making without promotional bias.
Key updates include:
• IPO process milestones
• Mergers & acquisitions consulting
• Financial compliance developments
• Corporate restructuring initiatives
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ATIF Holdings Limited (Nasdaq: ATIF) announced that its majority-owned subsidiary, Leaping Group Co., Ltd. (LGC), has fully resumed cinema operations in Northeast China as of August 5, 2020. With the reopening, LGC anticipates box office revenue exceeding $1 million in Q3 2020. The revival follows a gradual increase in ticket bookings since July, aided by government approvals for cinema operations. Several blockbuster films, including 'The Eight Hundred,' are set for release, promising significant growth in the second half of the year for ATIF and LGC's film-related segments.
ATIF Holdings Limited (Nasdaq: ATIF) has announced its support in combating the COVID-19 pandemic by donating 300,000 masks to New York City and Los Angeles. This initiative targets hospitals, government offices, and public security services amid the ongoing crisis. Additionally, nearly 2 million masks have been provided to Shenzhen and Wuhan in China since the outbreak began. President Jun Liu emphasized that these contributions not only aid in public health efforts but also improve the perception of Chinese enterprises in the U.S.
ATIF Holdings Limited (Nasdaq: ATIF) announced the resumption of cinema operations by its majority-owned subsidiary, Leaping Group Co., Ltd (LGC), as theaters in China gradually reopen on July 20, 2020. LGC operates four theaters predominantly in Shenyang and has secured pre-booked advertising slots, signaling strong demand. Expected revenue from new theaters could total over RMB80 million. With a 51.2% stake in LGC, ATIF aims to boost its multimedia business.
ATIF Holdings Limited (Nasdaq: ATIF) has launched its new headquarters in Los Angeles as of July 1, 2020, to enhance its presence in the North American market. This strategic move aligns with the company's vision for global expansion and aims to access U.S. capital resources and investor networks more effectively. CEO Jun Liu highlighted the growing demand for public listing and financing services among U.S. companies amid COVID-19 challenges, underscoring the firm’s commitment to assist them in overcoming these difficulties.
ATIF Holdings Limited (Nasdaq: ATIF) announced a consulting agreement with Yinfu Gold Corporation (OTC: ELRE) to act as a financial advisor. The agreement, dated June 9, 2020, entails ATIF Shenzhen providing various consulting services to assist ELRE in its anticipated uplisting to Nasdaq or NYSE. ELRE will pay ATIF Shenzhen a fixed fee of US$800,000, contingent on specific conditions. ATIF's CEO expressed optimism regarding ELRE's growth potential in emerging technology sectors, underscoring the positive impact of U.S. market access on both companies.
ATIF Holdings Limited (NASDAQ: ATIF) announced a consulting service agreement with Shenzhen Agrecoe Biotechnology Co., Ltd. on June 3, 2020. As part of the agreement, ATIF Shenzhen will provide various consulting services to facilitate Agrecoe's entry into the U.S. capital market, receiving a consulting fee of $1 million. The CEO expressed optimism about this partnership, highlighting its potential to enhance Agrecoe's access to capital and brand credibility.
