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ATIF Holdings Limited Awarded RMB3M Film Ads Contracts

Shenzhen, China, Oct. 06, 2020 (GLOBE NEWSWIRE) -- ATIF Holdings Limited (NASDAQ:ATIF, the ", Company", )))), a company providing business consulting and multimedia services in Asia, today announced that its

· 10/06/2020 08:07

Shenzhen, China, Oct. 06, 2020 (GLOBE NEWSWIRE) -- ATIF Holdings Limited (NASDAQ:ATIF, the ", Company", ))))), a company providing business consulting and multimedia services in Asia, today announced that its majority-owned subsidiary, Leaping Group Co., Ltd. ("LGC"), a leading multimedia, advertising and theatre operating firm in Northeast China,  has been awarded film advertisement contracts, totaling RMB 3 million, with multiple well-known brands such as HongQi, Bank of Communications, Country Garden, Poly etc. for cinema screen advertising during the prime time of National Day's Golden week holiday.

As the Chinese film industry continues to recover from pandemic Covid-19, most of the popular blockbusters have rescheduled to be released during the National Day's Golden week, as such, the box office and attendance in theatres are expected to surge in the month of October.  Most of its advertisement clients had already booked screens with LGC as early as this past September.

Mr. Bo Jiang, Chairman of LGC, said, "We are pleased that our clients have confidence in the film market and our advertising services. With a significant volume of premium blockbusters releasing during the National Day's Golden week and surging attendance, large number of advertisers were interested to book screens. We expect strong growth for both our film advertisement and box office in October."