I came across ATAI a few months ago and have been doing my due diligence on the company. It's one of the few Chinese companies out there that is audited by a Big 4 auditing firm. The company has no debt, a good valuation (~ 15x P/E multiple), and a solid business plan with great growth prospects (i.e., TOIEC, HR Select, and Security Exam platforms).
In my opinion, ATAI will trade higher over the course of the year. I think it's been artificially depressed due to the whole "China Fraud" scare. I've been accumulating quite aggressively over the past month in the $6 to $7 range.
Fundamentals will ultimately rule in the end. This stock should be trading in the $10 to $12 range.