HONG KONG, Dec. 8, 2020 /PRNewswire/ -- CLPS Incorporation
(Nasdaq: CLPS) ("CLPS" or "the Company"), today announced that,
through its majority-owned subsidiary, Judge (Shanghai) Co., Ltd., it will undertake the big
data project for a leading Chinese state-owned automotive company
("Client"). The project aims to integrate big data technology on
the Client's vehicle intelligent manufacturing and R&D
systems.
To successfully execute and complete the project, CLPS and the
Client have agreed in principle to share and integrate each other's
competitive advantage and resources. CLPS has years of experience
in big data technology application, such as in Internet of Things
(IoT) data collection and big data analytics, among others. CLPS
will utilize the big data application architecture, comprised of
intelligent data acquisition, analysis, and display to achieve the
project's goal.
The Client is a leading auto company listed in China's A-share market. With international
operations, it manufactures automobiles, auto parts, and
accessories. In addition, the Client offers auto loan and mobile
development application services for ride-hailing companies. CLPS
currently provides IT consulting and solutions services for the
Client's automated driving system, vehicle control, IoT system, and
vehicle management system to accelerate its intelligent
transformation and upgrade.
Mr. Henry Li, Chief Operating
Officer of CLPS, said, "We are grateful to our Client for
entrusting us to undertake the big data project. Gaining this
project was made possible by our business accomplishments with the
Client, which also serve as a benchmark for our future development.
It is also an opportunity to jointly explore innovative
applications of big data technology in new energy vehicle,
intelligent vehicle, self-driving vehicle, and smart manufacturing.
We are looking forward to generating further synergies in the
future."
About CLPS Incorporation
Headquartered in Hong Kong, CLPS Incorporation (the
"Company") (Nasdaq: CLPS) is a global leading information
technology ("IT"), consulting and solutions service provider
focusing on the banking, insurance and financial sectors. The
Company serves as an IT solutions provider to a growing network of
clients in the global financial industry, including large financial
institutions in the US, Europe, Australia, Southeast
Asia and Hong Kong, and their PRC-based IT centers. The
Company maintains 18 delivery and/or research & development
centers to serve different customers in various geographic
locations. Mainland China centers are located
in Shanghai, Beijing, Dalian, Tianjin,
Baoding, Chengdu, Guangzhou, Shenzhen, Hangzhou,
and Suzhou. The remaining eight global centers are located in Hong
Kong SAR, USA,
UK, Japan, Singapore, Malaysia, Australia,
and India. For further information regarding the Company,
please visit: http://ir.clpsglobal.com/, or follow CLPS
on Facebook, LinkedIn,
and Twitter.
Forward-Looking Statements
Certain of the statements made in this press release are
"forward-looking statements" within the meaning and protections of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements include statements with respect to the
Company's beliefs, plans, objectives, goals, expectations,
anticipations, assumptions, estimates, intentions, and future
performance, and involve known and unknown risks, uncertainties and
other factors, which may be beyond the Company's control, and which
may cause the actual results, performance, capital, ownership or
achievements of the Company to be materially different from future
results, performance or achievements expressed or implied by such
forward-looking statements. All such statements attributable to us
are expressly qualified in their entirety by this cautionary
notice, including, without limitation, those risks and
uncertainties related to the Company's financial and operational
performance in the second half and full year of fiscal 2020, its
expectations of the Company's future performance, its preliminary
outlook and guidance offered in this presentation, as well as the
risks and uncertainties described in the Company's most recently
filed SEC reports and filings. Such reports are available upon
request from the Company, or from the Securities and Exchange
Commission, including through the SEC's Internet website
at http://www.sec.gov. We have no obligation and do not
undertake to update, revise or correct any of the forward-looking
statements after the date hereof, or after the respective dates on
which any such statements otherwise are made.
Contact:
CLPS Incorporation
Rhon Galicha
Investor Relations Office
Phone: +86-182-2192-5378
Email: ir@clpsglobal.com
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SOURCE CLPS