Business
ATIF Holdings Limited to Initiate New Strategy via Launch of Online Financial Consulting Service Platform IPOEX.com
SHENZHEN, China, Aug. 31, 2020 /PRNewswire/ -- ATIF Holdings Limited (Nasdaq: ATIF, the "Company"), a company providing business consulting and multimedia
About this update from Atif Holdings Limited
[{"type":"text","content":"SHENZHEN, China, Aug. 31, 2020 /PRNewswire/ -- ATIF Holdings Limited (Nasdaq: ATIF, the \"Company\"), a company providing business consulting and multimedia services in Asia, today announced that it plans launch of an online financial consulting service platform IPOEX.com (\"IPOEX\"). IPOEX will provide equity financing advisory and pre-IPO consulting services for corporate clients via an innovative internet-based channel, which intends to offer a professional one-stop solution for clients in equity financing advisory, press relations and various aspects along their way to IPO. \nAmid great dilemma especially limited resources and higher financing costs ahead for small and medium sized enterprises (SMEs) in raising capital, and a strong appetite for listing in U.S. exchanges, the Company made best use of its expertise to combine financial consulting services with its internet genes and developed for months to launch IPOEX, a highly professional platform that aims to provide top quality information services and consulting assistance in pre-IPO preparation, equity financing and financial consulting education.\nIPOEX will offer a one-stop solution that includes membership services, IPO advisory and investor relations as well as media services. As corporate clients become members, the Company will help educate and formalize the operation and working systems of its clients so that they understand the legal compliance and financial requirement for listing and raise the capital needed via IPO from the capital market to grow further.\n\"The upcoming IPOEX financial consulting platform will have 20,000 international institutions on board and plans to work with government, business associations, industrial zones and other consulting service providers to enlarge its membership base. IPOEX will match clients' financing needs with the right resources for its clients members\", said Mr. Pishan Chi, CEO of ATIF.\nMr. Jun Liu, President and Chairman of the Board commented, \"The launch of IPOEX will be an important strategy upgrade after the Company completed its acquisition of Leaping Group Co., the biggest cinema operator and advertising company in China Northeast, in April 2020. IPOEX's institutions are a key resource for the Company's ambition to become a leading consulting services company and we are confident IPOEX will attract more membe...