ATIF Holdings Restricted Conducts Investigate on Reducing-edge Blockchain Technological know-how in the Finance Sector

LOS ANGELES, March 17, 2021 /PRNewswire/ — ATIF Holdings Minimal (Nasdaq: ATIF, “ATIF” or “We”), a keeping group providing enterprise and money consulting in Asia and North The usa, has initiated exploration on the advancement of blockchain technological know-how in the monetary sector in China to reinforce ATIF’s abilities and additional our preliminary exploration in the Fintech field.

Blockchain engineering developed at a immediate pace in China for the duration of the initial 50 percent of 2020. In accordance to The Present-day Position and Potential clients of China’s Blockchain Enhancement in 1st Half 2020 released by China Middle for Data Marketplace Advancement, a total of 8,129 new blockchain-associated companies were being registered in the initially fifty percent of 2020 in China, accounting for 20.3{f13b67734a7459ff15bce07f17c500e58f5449212eae0f7769c5b6fbcf4cc0c4} of the total range of blockchain organizations. Blockchain-related organizations in China have captured the focus of U.S. traders. By the conclude of 2020, there are about 15 blockchain concept Chinese public companies in the U.S. with 4 stated in the most modern two yrs which include things like cryptocurrency mining providers connected to Bitcoin and Ethereum.

In recent decades, China’s blockchain technological innovation in the monetary sector formulated exponentially, especially in the company blockchain genre. Experiments clearly show that the most important distribution of organization blockchain is in the economic house linked to securities, company finance, electronic currency, asset management and and so forth., accounting for up to 18{f13b67734a7459ff15bce07f17c500e58f5449212eae0f7769c5b6fbcf4cc0c4} in the first half of 2020.

“By our preliminary research on blockchain, we acknowledge that implementation of this engineering is most commonplace in the finance field boasting the most tasks and successful methods.” stated Pishan Chi, Chief Executive Officer and Director of ATIF, “We feel that development and software of blockchain technology in finance can assist firms lessen threat handle prices and fix financing challenges in far more successful techniques. We be expecting our investigation to make incremental worth to our organization improvement, and much more importantly, initiate our exploration of the Fintech subject.”

About ATIF Holdings Minimal

Headquartered in Los Angeles, California, ATIF Holdings Minimal (“ATIF”) is a holding team with asset management, financial investment holding and on-line fiscal data organization with overseas business enterprise centers in Hong Kong and Shenzhen, China to help its worldwide expert services. ATIF largely gives IPO Advisory Products and services to little and medium-sized enterprises in Asia and North The united states. ATIF also operates an world wide web-dependent money data services system IPOEX.com, which supplies prestige membership providers such as market place facts, pre-IPO schooling, IR media and matchmaking solutions amongst SMEs and financing institutions. ATIF has encouraged numerous enterprises in China in their designs to grow to be publicly shown in the U.S. ATIF programs to launch securities financial commitment services and financial commitment advisory in Q2 2021. ATIF was awarded the “Best 10 Very best Detailed Providers 2019” from the “Golden Bauhinia Award”, the greatest award in Hong Kong’s economic and securities industry. For additional information and facts, you should check out https://ir.atifchina.com/.

Forward-Looking Statements

Selected statements designed in this release are “forward seeking statements” inside of the indicating of the “protected harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this push launch, the terms “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “thinks,” “seeks,” “may possibly,” “will,” “really should,” “potential,” “propose” and versions of these text or comparable expressions (or the damaging versions of this kind of words or expressions) are supposed to identify forward-hunting statements. These ahead-hunting statements are not warranty of long run performance, problems or effects, and involve a number of acknowledged and mysterious hazards, uncertainties, assumptions and other critical components, numerous of which are outside the house the Firm’s handle, that could lead to actual effects or outcomes to vary materially from individuals talked over in the ahead-hunting statements. Vital components, amid others, are: long run economical and running benefits, which includes revenues, income, expenditures, funds balances and other economic merchandise skill to take care of development and expansion latest and long run economic and political circumstances capacity to contend in an business with low obstacles to entry capacity to go on to operate as a result of our VIE framework ability to get hold of further funding in the potential to fund capital expenses potential to entice new customers and additional enrich manufacturer recognition means to retain the services of and keep experienced administration personnel and important workforce developments and opposition in the fiscal consulting services market a pandemic or epidemic and other variables mentioned in the Company’s yearly report on Type 20-F and other documents submitted with the Securities and Trade Commission. The Business undertakes no obligation to update ahead-seeking statements to mirror subsequent transpiring situations or situation, or improvements in its expectations, besides as may possibly be needed by regulation. Even though the Company believes that the expectations expressed in these ahead-searching statements are reasonable, it cannot guarantee you that such expectations will flip out to be suitable, and the Enterprise cautions you that genuine benefits might vary materially from the expected effects expressed or implied by the forward-seeking statements we make. You ought to not rely on ahead-wanting statements as predictions of upcoming events. Forward-seeking statements represent our management’s beliefs and assumptions only as of the date these statements are designed. These forward-on the lookout statements are produced as of the day of this news release.

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