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ATIF Holdings Limited Signs Letter of Intent to Acquire Illuminated Air Purification Solution Provider to Expand into Healthcare Technology Field

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SHENZHEN, China, Oct. 20, 2020 /PRNewswire/ — ATIF Holdings Limited (Nasdaq: ATIF, the "Company"), a company providing business consulting and multimedia services in Asia, announced that on October 11, 2020, the Company has entered into a non-binding letter of intent (the "LOI") to acquire 51% equity interest in Xi’an Green Fun Technology Co., Ltd. ("Green Fun"), a high technology company focused on research, development and manufacturing of illuminated air purifier products.

Pursuant to the LOI, the Company will acquire no less than 51% equity interest in Green Fun (the "Proposed Transaction"). The Proposed Transaction is subject to a definitive acquisition agreement to be negotiated between the two parties, following further financial and legal reviews and approval of the Company’s Board of Directors, as well as other customary closing conditions.

Mr. Pishan Chi, the CEO of ATIF commented, "We are impressed by the research, development and operation capabilities of the Green Fun and optimistic about the niche market of illuminated air purification. We believe the acquisition of 51% of Green Fun will provide solid contribution to our earnings and pave the way for us for further growth. The market of air purification and sterilization products became especially hot since the epidemic of COVID-19, which has driven the growth of Green Fun’s overall business. We are currently evaluating market opportunities in this new business and seeking more acquisition opportunities to achieve sustainable growth of our business."

About Xi’an Green Fun Technology Co., Ltd.

Headquartered in Xi’an City of China and with branches in Qingdao, Qinghai, Xinjiang and Tongchuan, Green Fun is a leading company in the quantum light air purifier industry specified in providing quantum photocatalytic lighting air purifiers and professional indoor air purification solutions. Its purifier product "Explorer" obtained more than ten patents and has been proven by the Guangdong Microbiological Analysis and Testing Center for its effective elimination of toxic/ harmful gases, particles, substances and bacteria. Green Fun has been certified as National High-Tech Enterprise. Green Fun’s quantum photocatalytic lighting air purifiers and professional indoor air purification solutions have been procured by many government agencies, enterprises and individual customers from multiple provinces and cities in China, including Xi’an, Shanghai, Jiangxi, Guangxi, Shandong, Gansu, Xinjiang, Qinghai, and Jiangsu. The products and solutions are extensively adopted in various places such as schools, hospitals, public health places, government offices, corporate offices, factory areas and individual households.

About ATIF Holdings Limited

Headquartered in Shenzhen, China, ATIF Holdings Limited ("ATIF") is a company providing business consulting services to small and medium-sized enterprises in Asia, including going public consulting services, international business planning and consulting services, and financial media services. ATIF operates an internet-based financial consulting service platform IPOEX.com, which provides prestige membership services including online capital market information, pre-IPO education and matchmaking services between SMEs and financing institutions. ATIF has advised several enterprises in China in their plans to become publicly listed in the U.S. Through its majority-owned subsidiary, Leaping Group Co., Ltd., ATIF also provides multimedia services and is engaged in three major businesses, including multi-channel advertising, event planning and execution, film and TV program production and movie theater operations. ATIF operates the largest pre-movie advertising network in Heilongjiang Province and Liaoning Province of China and also provides advertising services in elevators and supermarkets. ATIF is often hired to plan both online and offline advertising campaigns and to produce related advertising material. In addition, ATIF invests in films and TV programs and distributes them in movie theaters or through online platforms. ATIF is also one of majority shareholders of AeroCentury Corp. (NYSE American: ACY) which is an independent global aircraft operating lessor and finance company specializing in leasing regional jet and turboprop aircraft and related engines to airlines and commercial users worldwide. 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 guarantee 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 the Company’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 our 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 the Company’s annual report on Form 20-F and other documents filed with the Securities and Exchange Commission. The Company 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 the Company 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 the Company 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.

 

Related Links :

https://ir.atifchina.com/

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Global Herpes Treatment Market to Grow by $ 677 Million During 2020-2024 | Highlights Key Segments and Regions of Growth | Technavio

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The herpes treatment market is expected to grow by USD 677.02 million, progressing at a CAGR of almost 4% during the forecast period.

For a More Detailed Analysis, Get a Free Sample Report Delivered Instantly

The increasing prevalence of herpes infection is one of the major factors propelling the market growth. However, factors such as the highly genericized market will hamper growth.

More details: https://www.technavio.com/talk-to-us?report=IRTNTR44343

Herpes Treatment Market: Type Landscape

Based on the type, the market saw maximum growth in the herpes zoster segment in 2019. This is due to the rising prevalence rate of herpes zoster and expected drug launches for the treatment of the condition. Also, factors such as the rising number of immunocompromised people and the increasing older population are contributing to the growth of the segment. The market growth in the segment will be significant over the forecast period.

Herpes Treatment Market: Geographic Landscape

By geography, Asia is going to have a lucrative growth during the forecast period. About 38% of the markets overall growth is expected to originate from Asia. Factors such as the high prevalence rate of herpes infection, increased awareness, and entry of new players are fostering the growth of the herpes treatment market in Asia.

Japan is the key market for herpes treatment in Asia. Market growth in this region will be faster than the growth of the market in other regions.

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Related Reports on Health Care Include:

Global Shingles Vaccine Market – Global shingles vaccine market is segmented by type (recombinant vaccines and live-attenuated vaccines) and geography (Asia, Europe, North America, and ROW). Click Here to Get an Exclusive Free Sample Report

Global Bone Cancer Drugs Market – Global bone cancer drugs market is segmented by indication (osteosarcoma, Ewing’s sarcoma, chondrosarcoma, and other bone cancers) and geography (Asia, Europe, North America, and ROW). Click Here to Get an Exclusive Free Sample Report

Companies Covered:

  • Bausch Health Companies Inc.
  • Cipla Inc.
  • Eli Lilly and Co.
  • Gilead Sciences Inc.
  • GlaxoSmithKline Plc
  • Maruho Co. Ltd.
  • Merck & Co. Inc.
  • Mylan NV
  • Novartis AG
  • Teva Pharmaceutical Industries Ltd.

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2019, 2020, until 2024
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports.

Subscribe to World-Class Market Intelligence and gain instant access to 17,000+ market research reports and connect with expert analysts

Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • Herpes zoster – Market size and forecast 2019-2024
  • Herpes simplex – Market size and forecast 2019-2024
  • Market opportunity by Type

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • Asia – Market size and forecast 2019-2024
  • ROW – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive Scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Bausch Health Companies Inc.
  • Cipla Inc.
  • Eli Lilly and Co.
  • Gilead Sciences Inc.
  • GlaxoSmithKline Plc
  • Maruho Co. Ltd.
  • Merck & Co. Inc.
  • Mylan NV
  • Novartis AG
  • Teva Pharmaceutical Industries Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: [email protected]

Website: www.technavio.com/

 

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The Public Relations Network (Asia Chapter) to offer regional intelligence & local expertise to industries benefiting from the recently-signed RCEP amid COVID-19 Challenges

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HONG KONG SAR – Media OutReach – 30 November 2020 – With the signing of the Regional Comprehensive Economic Partnership (RCEP) on 15 November 2020, the Asia Chapter members of Public Relations Network (PRN) are prepared to provide all-round and cross-border support to various industries from participating nations of RCEP in regards of business development and investment.

PRN Asia Chapter is formed by profound local PR agencies across Asia. With this tightly-knit network of PR experts, chapter members align to provide effective, efficient, and think-out-of-the-box solutions across the region. With all local teams on board, PRN Asia Chapter is well-positioned to offer hands-on and ready-to-deploy services, from media relations and digital campaigns, to event management and crisis communications to industries who will blossom as a result of the RCEP.

Under the impact of COVID-19, demand for public relations solutions has risen to new height. With all kinds of new normal in place, being highly-flexible and mobile, the ability to mobilize regional connections swiftly and to establish new game plans as a result of changing market demands are all crucial to enterprises.

Ms Belinda Chan, Chairperson of the PRN Asia Chapter, and Managing Partner of Creative Consulting Group in Hong Kong: “The RCEP will drive the shift of economic engine to Asia. With our strong foothold in strategic locations across the region, we, together, represent a one-of-a-kind PR think-tank for enterprises that are drawn to tap into the market benefits.”

Mr Jacky Cheng, CEO of CommNow in Shanghai: “This RCEP can help China building closer trade relations with Asian countries, which will eventually help Chinese companies to find their new markets. This is very crucial under the current circumstances.”

Ms Stacy Ang, Director of The Right Spin in Singapore: “The RCEP has unlocked new levels of market access in Asia. As agencies that can move expeditiously in our own markets while implementing cross-border plans collectively, our network offers the desired nimbleness, synergy and competence for businesses to spread their wings and capture opportunities as they emerge.”

Ms Sharon Wu, Managing Director of SWEM Consulting Group in Taipei: “Although Taiwan have not become RCEP members, but Taiwan government have very good tax policies for import trade between Japan and ASEAN countries. We believe Taiwan and Asia-Pacific brands can depend on PRN Asia members support and RCEP policy, win more business successful and more opportunities for brand grow up in the future.”

Ms Sarah Song, Managing Director of Integra Communications in Seoul: “We will work together more closely and strengthen our network with cooperation and synergy in terms of communication through RCEP. Our role as an Asian network will bring our professionalism and creativity to form a solid partnership and new perspectives to work in a new era that will grow with future economic development.”

Ms Pacharee Pantoomano, Managing Director of Brandnow.asia in Bangkok: “RCEP will undoubtedly create economic vibe within the region and now is definitely the right time to make an entry into the market. With our strong base in Thailand and in Asia as part of PRN, we can offer market consultation and research as well as business matching to clients at large. With local intelligence in place, we aim to enable clients to benefit from RCEP more effectively and cost-efficiently.”

Ms Clāra Ly-Le, Managing Director of EloQ Communications in Ho Chi Minh City: “I am proud that this RCEP partnership was signed at the ASEAN Summit hosted in my country Vietnam. I have high hopes in this partnership and expect that it will help many industries recover from the COVID-19 crisis. As a member of PRN Asia Chapter, we are proud to work with fellow members to deliver top-notch services for clients from countries coming from the RCEP, from market entry to well-rounded integrated marketing campaigns.”

About Public Relations Network (PRN)

Public Relations Network (PRN) is a global collective of like-minded, owner-managed Public Relations agencies providing consultancy and local support for international PR campaigns. PRN has agency members in Austria, Brazil, Canada, China — Mainland, China — Hong Kong, Czech Republic, Denmark, Finland, France, Germany, Greenland, Italy, Mexico, Morocco, Panama, Poland, Portugal, Singapore, Slovakia, South Korea, Spain, Switzerland, Taiwan, Thailand, the UK, the USA, and Vietnam. For more info, please visit: www.pr-network.biz.

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Blake Dair Announces New Managing Partner

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SINGAPORE – Media OutReach – 1 December 2020 – Blake Dair Consulting Pte Ltd, the Singapore based front office trading and technology specialist recruitment company, would like to announce that Nafisa Manasawala will be appointed as Managing Partner of the business from 1st December 2020.

Nafisa has more than 20 years experience in top tier banking as a successful private banker, executive search recruiter and internal talent acquisition specialist. She has worked with banks like Merrill Lynch, Standard Chartered, Credit Suisse and Morgan Stanley. Nafisa combines team management experience with hands-on recruitment experience and deep business understanding, making her a trusted strategic partner in talent management and acquisition.

Nafisa commented, “I am excited to join an established recruitment firm such as Blake Dair Consulting and keen to contribute to the growth of the company through exceptional client service and candidate advisory. My first priority is to build the team selectively, to deepen our experience pool and enhance our market reach.”

“Nafisa joining is fantastic for the team at Blake Dair,” says James Ient, the Founding Shareholder. “The experience Nafisa brings to Blake Dair really helps us achieve our objective of being the preferred employer and preferred vendor in this sector.”

Blake Dair Consulting is a specialist recruitment firm operating in Singapore since 2011 that services clients with roles in Japan, Hong Kong, Malaysia and Singapore in Front Office, Trading and Trading Technology.

+65 67213050

[email protected]

www.bdc.sg

 

Employment Agency License: 11C2852

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Editorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.
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