Atif Holdings Ltd. (China)

The Company is primarily engaged in providing business advisory and financial consulting services to small and medium-sized enterprise customers.
The Company is a business consulting company providing financial consulting services to small and medium-sized enterprises (“SMEs”) and prior to August 1, 2022, our Affiliated Entity ATIF USA, managed a private equity fund with approximately 1.3 million assets under management (“AUM”).
Since its inception in 2015, the main focus of its consulting business has been providing comprehensive going public consulting services designed to help SMEs become public companies on suitable stock markets and exchanges. The Company s goal is to become an international financial consulting company with clients and offices throughout North America and Asia. In order to expand its business with a flexible business concept and reach our goal of high growth revenue and strong profit growth, on January 4, 2021, the Company opened an office in California, USA, through its wholly owned subsidiary ATIF USA. Its clients located within United States are serviced by ATIF USA. ATIF BVI relies on a professional service team, who is rich in business consulting experiences, extensive social relations, and international integrated services, to make the IPO process as easy as possible for its clients. The Company operate with competitive fee schedules and in the cases of clients with attractive financial performance and/or great growth potential, it would offer the option of paying no fees upfront.
The Company has primarily focused on helping clients going public on the national stock exchanges and OTC Markets in the U.S.
The Company had one reporting segment, which is the provision of financial consulting services.
HISTORY
2015 The Company formerly known as Eternal Fairy International Limited, was incorporated under the laws of British Virgin Islands on January 5, 2015 as a holding company to develop business opportunities in the People's Republic of China.
2017 The Company changed its to name Asia Times Holdings Limited on April 28, 2017.
2019 On March 8, 2019, the Company s name was changed to ATIF Holdings Limited.
The Company s Ordinary Shares have been listed on the Nasdaq Capital Market since May 3, 2019, under the symbol “ATIF.”
2020 On April 22, 2020, the Company completed an acquisition of 51.2 of the equity interest of Leaping Group Co., Ltd. (“LGC”) from its original shareholders for a total consideration of approximately 22.92 million, including cash consideration of 1.85 million and issuance of 9,940,002 shares (1,988,000 ordinary shares retrospectively restated for accounting purposes for effect of reverse stock split on August 30, 2021) of ATIF's common stock with fair value of approximately 21.07 million.

2021 On January 21, 2021, the Company incorporated ATIF-1 GP, LLC (“ATIF GP”) under the laws of Delaware of the United States. ATIF GP is a wholly owned subsidiary of the Company, and focuses on fund management business.
2022 On April 25, 2022, the Company established ATIF Investment Limited (“ATIF Investment”) under the laws of BVI.