ATIF Holdings Limited to Launch Movie "The Moment of Victory" with Expected Revenue Over US$2 Million
ATIF Holdings Limited - Ordinary Shares (ATIF)
Company Research
Source: GlobeNewswire
Shenzhen, China, May 01, 2020 (GLOBE NEWSWIRE) -- ATIF Holdings Limited (NASDAQ: ATIF), a company providing business consulting service and multimedia service in Asia, today announced its majority-owned subsidiary, Leaping Group Co., Ltd.(“LGC”), has signed a contract with Liaoning Maitian Picture(“Maitian”), a production and distribution company for video dramas, feature films, micro-films, and network dramas, to launch a movie “The Moment of Victory” (the “Movie”). ATIF expected US$2 million revenue from contract fee, as estimated from Maitian. The Movie was invested by LGC and will be released online in June 2020 through iQIYI, Inc’s platform. The Movie invited well-known domestic and Hong Kong actors such as Zhao Yanguo Zhang, Zeng Jiang, and Du Yuming. Based on the true story of Mr. Ma Honggang, a well-known Chinese gambler, the Movie will become the first anti-gambling movie in China. Mr. Tao Jiang, CEO of LGC, commented, “We are excited to share this news of launching a new
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