HONG KONG, Aug. 27, 2021 /PRNewswire/ -- CLPS Incorporation
(Nasdaq: CLPS) ("CLPS" or "the Company"), today announced
that, through its majority-owned subsidiary, JAJI (Shanghai) Co., Ltd. ("JAJI"), it has entered
into a framework agreement (the "Agreement") with an A-share listed
company ("the Client"), which provides financial information
software products and integrated services. Pursuant to the
Agreement, CLPS and the Client will leverage their respective
industry expertise in financial IT services to expand client base
and establish a common ground in identifying the demand for IT
talent and technology requirement from the financial
institutions.
Fintech industry is one of the key drivers in China's economic growth. Despite the impact of
COVID-19, the demand for IT services in the fintech industry
remains robust, and it is forecasted that this trend will continue
going forward. The cooperation with the Client aims to further
streamline CLPS's key business, the IT consulting services, with
focus in the banking sector. CLPS and the Client will join forces
to strengthen research and development capability and improve the
competitiveness of IT service deliverables.
Mr. Oscar Yuan, General Manager
of JAJI, said, "Our cooperation with the Client signifies the
recognition of our competitive advantages in the financial IT
services. We hope that this initial step will translate into more
cooperation in the future, with the purpose of providing broader
brand exposure and developing an industry-recognized financial IT
services."
Mr. Henry Li, Chief Operating Officer of CLPS,
said, "We are very pleased to start a new chapter of
cooperation with the Client. While we actively implement our global
expansion strategy, we also focus on strengthening our core
competencies, further improving the margin of our IT consulting
services revenue, and creating more business opportunities that
will serve as engines for the Company's growth."
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 service sectors.
The Company serves as an IT solutions provider to a growing network
of clients in the global financial service industry, including
large financial institutions in the
US, Europe, Australia, Southeast Asia and Hong
Kong SAR, 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, Xi'an,
Chengdu, Guangzhou, Shenzhen, Hangzhou,
and Hainan. The remaining seven global centers are located in
Hong Kong
SAR, USA, Japan, Singapore, Malaysia, Australia,
and India. For further information regarding the Company,
please visit: https://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. Known and unknown risks, uncertainties and other
factors, which may be beyond the Company's control, may cause the
actual results and performance of the Company to be materially
different from 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 expectations of the
Company's future growth, performance and results of operations, the
Company's ability to capitalize on various commercial, M&A,
technology and other related opportunities and initiatives, 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