EXHIBIT 8.1

LIST OF SUBSIDIARIES

Name of Subsidiary Organization	Jurisdiction of Incorporation or
ATIF LIMITED	Hong Kong
Huaya Consultant (Shenzhen) Co., Ltd.	PRC
Qianhai Asia Era (Shenzhen) International Financial Services Co., Ltd	PRC
Leaping Group Co., Ltd.*	Cayman Islands
Yue Zhong International Co., Ltd	BVI
Yue Zhong Media Co., Ltd	Hong Kong
Yuezhong (Shengyang) Technology Co. Ltd	PRC
Leaping Media Group Co., Ltd.	PRC
Yuezhong (Beijing) Film Co., Ltd.	PRC
Shenyang Tianniu Media Co., Ltd.	PRC
Yuezhong Media (Dalian) Co., Ltd	PRC
Harbin Yuchuzhong Media Co., Ltd.	PRC
Shenyang Xiagong Hotel Management Co., Ltd	PRC
Liaoning Leaping International Cinema Management Co. Ltd	PRC

* A majority-owned subsidiary of ATIF Holdings Limited

ATIF LIMITED Hong Kong

Huaya Consultant (Shenzhen) Co., Ltd. PRC

Co. Ltd

* A majority-owned subsidiary of ATIF Holdings Limited