ATIF Holdings Limited announced launching new business model with three sectors: asset management, investment holding and media services, to expand the group's business with a flexible business concept that is expected to bring high growth revenue and strong profit growth. Asset management sector is a brand-new segment added to the Group. In 2020, the Group formed an asset management team with series 65 securities licenses and started to invest on securities in January 2020. Based on the asset management team's unique portfolio strategies and accurate judgment to the market, the securities investment sector has yielded an ideal return for the Group. The Group plans to officially launch its securities investment business after it has obtained the asset management qualification from FINRA in January 2021. The investment holding sector will optimize the existing going public consulting services by switching the service fee from cash remuneration to equity remuneration instead. The Group understands that start-ups have liquidity problems and this solution will help incubating start-ups and provide higher return opportunities for the Group, bringing a win-win situation for both the Group and its clients. The media services sector will strengthen the existing media services to provide public and investor relations services to companies and going public advisory clients in China.