ATIF Holdings Limited Announces Completion of Filing of “ATIF-1”, Its Private Fund, Officially Launches Asset Management Business

Feb. 2, 2021-- ATIF Holdings Limited (Nasdaq: ATIF, the “Group”, “ATIF” or “we”) announced its wholly owned subsidiary, ATIF Inc. had completed the filing of a private fund named ATIF-1, L.P. (the “ATIF-1”) with the U.S. Securities and Exchange Commission (SEC) on January 27, 2021.

The first batch of ATIF-1 is planned to amount to US$50 million and is managed by ATIF-1 GP, LLC, a Delaware registered Limited Liability Corporation. The investment strategies of ATIF-1 GP, LLC is long/short trading strategy to maximize the return on investment, focusing on three main categories of investments: well-qualified U.S. stocks, US-listed Chinese stocks and Chinese IPOs.

The filing of the Company's first private fund represents the official launch of its asset management business. With the launch of asset management business, the Company will initiate new client relationships and assist investors to navigate successfully in the potentially volatile markets.