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ATIF Holdings Limited Donates A Total of 1.73 Million Masks to Date

30,000 Masks to U.S. to Help Fight Against COVID-19

Shenzhen, China, April 20, 2020 (GLOBE NEWSWIRE) -- ATIF Holdings Limited (ATIF), a company providing business consulting services to small and medium-sized enterprises in Asia, today announced that ATIF has donated 30,000 masks to be delivered to various organizations in the U.S. to help combat the novel coronavirus outbreak (“COVID-19”).

On April 15, 2020, Mr. Jun Liu, CEO and Director of ATIF donated 30,000 masks to be delivered to hospitals, government departments as well as local communities in Los Angeles and New York; including San Antonio Regional Hospital, City of Rancho Cucamonga office, San Bernardino County office, San Bernardino Road Station and San Bernardino County Sheriff's Department and Nasdaq Stock Market (“Nasdaq”).

Mr. Jun Liu commented, “COVID-19 has become a global public health challenge and we shall join hands to fight against the pandemic. We believe the current hard time brought by COVID-19 is only temporary, and together we will overcome the difficulties.”

As previously announced on January 28 and February 3, 2020, respectively, ATIF had donated 1.7 million masks in China to help with fight against COVID-19. ATIF attaches great importance to its social responsibility and it has always been an honor to serve the communities in both China and the United States.

About ATIF Holdings Limited

Headquartered in Shenzhen, China, ATIF is a company providing business consulting services to small and medium-sized enterprises in Asia. ATIF’s core businesses include going public consulting services, international business planning and consulting services, and financial media services. ATIF has advised several enterprises in China in their plans to become publicly listed in the U.S. At present, ATIF has business centers and service centers in Hong Kong and Shenzhen, composed of experienced consulting professionals. ATIF owns www.chinacnnm.com, a news and media website that provides social news and financial information to the Asian region. For more information, please visit https://ir.atifchina.com/.

Forward-Looking Statements

Certain statements made in this release are “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside ATIF’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: future financial and operating results, including revenues, income, expenditures, cash balances and other financial items; ability to manage growth and expansion; current and future economic and political conditions; ability to compete in an industry with low barriers to entry; ability to continue to operate through ATIF’s VIE structure; ability to obtain additional financing in the future to fund capital expenditures; ability to attract new clients, and further enhance brand recognition; ability to hire and retain qualified management personnel and key employees; trends and competition in the financial consulting services industry; a pandemic or epidemic; and other factors listed in ATIF’s annual report on Form 20-F and other documents filed with the Securities and Exchange Commission. ATIF undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although ATIF believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and ATIF cautions you that actual results may differ materially from the anticipated results expressed or implied by the forward-looking statements we make. You should not rely upon forward-looking statements as predictions of future events. Forward-looking statements represent our management’s beliefs and assumptions only as of the date such statements are made. These forward-looking statements are made as of the date of this news release.

For more information, please contact Investor Relations at:

Ascent Investor Relations LLC
Tina Xiao, President
Phone: 917-609-0333
Email: tina.xiao@ascent-ir.com