ATIF’s Investment in Renewable Energy Business Grows Rapidly as Demand Grows

LOS ANGELES, August 8, 2022 /PRNewswire/ — ATIF Holdings Limited (Nasdaq: ATIF, the “Company”, “ATIF” or “We”), a holding company providing business and financial advisory services in Asia and North Americais pleased to announce that the company’s IPO advisory services client and investment stake in Solarever Ltd. (“Solarever”), a Mexican solar energy and electric vehicle company, saw an increase in sales recently. Under the terms of the agreement signed between the Company and Solarever in the second quarter of 2022, ATIF holds a 5.25% stake in Solarever.

Since February 2022, global crude oil prices have soared amid rising global demand and supply issues, making the clean energy sector, especially solar, more attractive. World crude oil prices have exceeded $100 per barrel to mid-May 2022 for the first time since 2014. Some energy sector analysts say rising global prices for crude oil, natural gas and electricity could potentially be a longer-term catalyst for accelerating the development of renewable energy capacity globally through a variety of technologies, including solar, wind and green hydrogen.

Solarever is the leading designer and manufacturer of solar products in Mexicohas the largest solar panel manufacturing plant in Latin America in Tecoman, Colima, Mexico, and has a total of three factories in Mexico that are considered among the largest in Latin America. Solarever has a photovoltaic design facility in Chino, Californiaand warehouses in Laredo, Texasand San Diego, California. Additionally, Solarever launched its first EV in 2022 and is licensed to sell EVs in Mexico.

Jun LiuChairman, Chairman and CEO of ATIF, said, “We saw the huge potential in the solar PV industry when we provided IPO advisory services to Solarever and seized the opportunity to invest in Solarever before its IPO. We are very happy to hear good news from Solarever that its sales have increased significantly! This is likely due to the recent surge in prices for crude oil, natural gas and other energy sources, which has led to strong demand for clean energy such as solar power We are very pleased with the growth of Solarever and we look forward to a higher level of growth. »

About ATIF Holdings Limited

ATIF Holdings Limited (“ATIF”) is a Los AngelesComprehensive financial group with wholly owned and operated subsidiaries: ATIF-1 Hedge Fund Company, ATIF Equity Investment Company, ATIF IPO Advisory Company and Integrated Financial Services Network Platform www.IPOEX .com. ATIF is dedicated to providing international asset securitization services, as well as equity investment and asset management services to companies around the world. ATIF received the “Top 10 Best Listed Companies 2019” from the “Golden Bauhinia Award”, the highest distinction in that of Hong Kong the financial and securities industry. For more information, please visit

To learn more about IPOEX, our financial services platform, visit:

For more information about NFTDPO, our NFT services division, please visit

Follow ATIF on social networks:






Forward-looking statements

Certain statements made in this press 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”, “plans”, “plans”, “intends”, “believes”, “seeks”, “may”, “will”, ” should”, “future”, “proposes” and variations of these similar words or expressions (or negative versions of these 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 beyond the Company’s control, that could lead to actual results or outcomes. differ materially from those discussed in the forward-looking statements. Important factors, among others, are: future financial and operating results, including revenues, revenues, expenses, 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 where barriers to entry are low; the ability to obtain additional financing in the future to fund capital expenditures; the ability to attract new customers, complete customer projects and further enhance brand recognition; the ability to hire and retain qualified management personnel and key employees; trends and competition in the financial advisory services industry; a pandemic or epidemic; the occurrence of any event, change or other circumstance that may affect the Company’s ability to successfully pursue the development and launch of its NFT collection; the possibility that the Company may not be able to grow its NFT platform and business due to, among other things, changes in the business environment, competition, changes in government regulations or other economic and political factors; the Company’s ability to continue to comply with changes in applicable regulatory regulations relating to blockchain, digital assets and the NFT industry; the possibility that the Company’s ongoing NFT services may be affected by other economic, business and/or competitive factors; and other factors listed in the Company’s Annual Report on Form 20-F and other filings with the Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, except as required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that these expectations will prove to be correct, and the Company cautions you that actual results may differ materially from anticipated results expressed or implied by forward-looking statements we make. You should not rely on forward-looking statements as predictions of future events. Forward-looking statements represent the beliefs and assumptions of our management only as of the date such statements are made. These forward-looking statements are made as of the date of this press release.

SOURCE ATIF Holdings Limited

Previous Carlyle CEO Kewsong Lee quits abruptly
Next Building the technology layer of tomorrow's metaverse