CLPS Incorporation provides information technology, consulting, and solutions services to institutions operating in banking, insurance, and financial sectors in the People's Republic of China, the United States, Europe, Australia, Southeast Asia, and Hong Kong SAR. It offers IT consulting services in credit card business areas, such as credit card application, account setup, authorization and activation, settlement, collection, promotion, point system, anti-fraud, statement, reporting, and risk management. The company also provides core banking services, including business analysis, system design, development, testing, system maintenance, and operation support; and services in loans, deposit, general ledger, wealth management, debit card, anti-money-laundering, statement and reporting, and risk management, as well as architecture consulting services for core banking systems, and online and mobile banking. In addition, it offers solutions in the field of wealth management; e-commerce solutions in online platforms, cross-border e-commerce, logistics, and back-end technology, such as big data analysis, and intelligent decision-making among others; and driving, automatic control, and other AI-driven technology solutions for the automotive industry. Further, the company provides IT consulting services to its clients in the banking, wealth management, e-commerce, and automotive industries, among others; and software project development, maintenance, and testing solution services, including COBOL, Java, .NET, Mobile, and other technology applications. Additionally, it offers CLPS Virtual Banking platform, a training platform for IT talents owned by CLPS; recruitment and headhunting, as well as fee-for-service training services; and sells product and third-party software. The company was founded in 2005 and is headquartered in Kwun Tong, Hong Kong.
IPO Year: 2018
Exchange: NASDAQ
Website: clpsglobal.com
HONG KONG, June 6, 2025 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (NASDAQ:CLPS), today announced that its Singapore subsidiary, CLPS Technology (Singapore) Pte. Ltd., has achieved pivotal advancements in artificial intelligence (AI) technology development and real-world scenario applications. Following extensive refinement within the high-demand financial services sector and diverse business verticals, CLPS has successfully completed robust proof-of-concept and pilot deployments for its suite of proprietary AI innovation solutions (CLPS AI). CLPS AI is expected to open a new revenue source for the Company under its customized IT solution services, offering tailored AI impl
HONG KONG, March 25, 2025 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (NASDAQ:CLPS), today announced the establishment of its wholly-owned subsidiary, PT Ridik Fintech Services ("Ridik Indonesia") in Jakarta, Indonesia. This strategic move accelerates CLPS's regional footprint in Southeast Asia (SEA), reinforcing tailored IT solutions to local enterprises while advancing smart ecosystem development for Indonesia's domestic market. In a report by the U.S. International Trade Administration1, Indonesia's digital economy is among the fastest growing in SEA, projected to exceed $130 billion by 2025, based on a joint analysis from leading industry experts. As the region's larges
HONG KONG, March 5, 2025 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (NASDAQ:CLPS), today announced its unaudited financial results for the six months ended December 31, 2024, or the first half of the Company's fiscal year 2025. This period marked significant progress for CLPS as we executed our dual-engine strategy of global expansion and industry diversification, balanced with disciplined organic growth. By broadening our geographic reach and penetrating new sectors, we reinforced our core IT services expertise while diversifying revenue streams. To drive sustainable growth, we intensified investments in proprietary product development by establishing the Company's China
HONG KONG, Feb. 26, 2025 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (NASDAQ:CLPS), today announced that it will release its financial results for the six months ended December 31, 2024, or the first half of the Company's fiscal year 2025, before the market opens on Wednesday, March 5, 2025. About CLPS Incorporation Headquartered in Hong Kong, CLPS Incorporation is a leading global information technology ("IT") consulting and solutions service provider, primarily focused on serving global institutions in the banking, wealth management, e-commerce, and automotive sectors. As an IT services provider for a growing network of clients within the fintech and financial services in
HONG KONG, Feb. 21, 2025 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (NASDAQ:CLPS), today announced the formation of the CLPS AI Innovation Committee (CAIC). Led by Mr. Raymond Lin, CLPS's CEO, CAIC is responsible for the strategic planning, implementation, and value realization of artificial intelligence (AI) technologies across the Company's projects and client deliveries, developing high-quality, efficient, and intelligent solutions. According to IDC's report[1], the worldwide spending on AI, including AI-enabled applications, infrastructure, and related IT and business services, is expected to reach $632 billion by 2028. The rapid incorporation of AI, and generative AI
HONG KONG, Feb. 7, 2025 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (NASDAQ:CLPS), today announced the launch of Nibot, a new generation of Robotic Process Automation (RPA) product developed by its wholly owned subsidiary, CLPS Technology (Singapore) Pte. Ltd. This powerful and cost-effective solution offers broad applicability and will primarily target international market and Hong Kong market. Nibot is built upon CLPS's years of technological expertise in RPA, offering comprehensive functionality and outstanding performance. It automates business processes, ensures seamless interaction between multiple applications, and integrates effortlessly with third-party systems. It
HONG KONG, Dec. 19, 2024 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (NASDAQ:CLPS), today announced that its majority-owned subsidiary, JAJI Global Incorporation ("JAJI"), has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (the "SEC") relating to a proposed initial public offering of JAJI's ordinary shares. Following the offering, CLPS expects to hold a significant voting interest in JAJI along with a corresponding economic interest in its subsidiaries. The number of shares to be offered and the price range for the offering have not yet been determined. JAJI intends to list its common stock on The Nasdaq Capital Market. This IPO
HONG KONG, Nov. 22, 2024 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (NASDAQ:CLPS), today announced the appointment of Ms. Sarah Wu as a Non-Executive Director of Qinson Credit Card Services Limited("QCC"), a wholly-owned subsidiary of CLPS. QCC provides fintech services with a focus on payment systems. Ms. Wu will oversee strategic initiatives to drive QCC's development, shape its vision and trajectory, and accelerate its transformation into an agile and innovative global fintech company. Ms. Wu brings a wealth of experience in the fintech industry. She previously served as General Manager for North Asia at Fiserv, Inc. ("Fiserv"), where she successfully led key projects,
HONG KONG, Oct. 24, 2024 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (NASDAQ:CLPS), today announced that its Board of Directors has declared a special cash dividend of $0.13 per share of common stock, marking the third consecutive fiscal year of such a payment. It is payable on November 12, 2024 to shareholders of record as of November 4, 2024. The aggregate amount of the payment to be made in connection with this special cash dividend will be approximately $3.6 million. Mr. Raymond Lin, Chief Executive Officer of CLPS, commented, "In light of our recent stock performance, the Board of Directors has decided to declare another round of special cash dividend for our sharehold
HONG KONG, Oct. 18, 2024 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (Nasdaq: CLPS), today announced its financial results for the six months ended June 30, 2024 and full year of fiscal 2024. Fiscal year 2024 presented unique challenges due to global economic uncertainties and industry-wide layoffs. Despite these headwinds, CLPS demonstrated resilience and strategic foresight. We proactively adjusted our operations to navigate these complexities, positioning ourselves for continued growth. Our dual-engine strategy, focused on expanding our global reach and diversifying into new industry segments, proved instrumental in achieving this goal. In addition, the increasing demand
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HONG KONG, Nov. 22, 2024 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (NASDAQ:CLPS), today announced the appointment of Ms. Sarah Wu as a Non-Executive Director of Qinson Credit Card Services Limited("QCC"), a wholly-owned subsidiary of CLPS. QCC provides fintech services with a focus on payment systems. Ms. Wu will oversee strategic initiatives to drive QCC's development, shape its vision and trajectory, and accelerate its transformation into an agile and innovative global fintech company. Ms. Wu brings a wealth of experience in the fintech industry. She previously served as General Manager for North Asia at Fiserv, Inc. ("Fiserv"), where she successfully led key projects,
HONG KONG, July 2, 2024 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (NASDAQ:CLPS) today announced the organizational restructuring with the appointment of Chief Operating Officer ("COO"), Mr. Henry Li Li, as the President of the Company, effective immediately. Mr. Li will transition from his COO role to exclusively assume the responsibilities of the President, and he will report directly to the Board of Directors (the "Board"). Since joining CLPS in 2019, Mr. Li has been instrumental in driving the Company's continued growth and innovation. As COO, he has implemented advanced technologies and optimized processes to significantly enhance operational efficiency and productivi
HONG KONG, Aug. 12, 2022 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (NASDAQ:CLPS), today announced the appointment of Mr. Srustijeet Mishra as the CEO of CLPS Technology (California) Inc. ("CLPS California"), a wholly-owned subsidiary of the Company. He will be fully responsible for the development and management of business activities in the U.S. market, and will continue to serve as the CEO of the Company's business entities in the Southeast Asia region (referred to collectively as "CLPS SEA"). Mr. Mishra was the founder of Ridik, a Singapore-based IT services provider. He officially joined the Company upon initial acquisition of 80% of Ridik's equity stake in September 2
HONG KONG, Jan. 4, 2021 /PRNewswire/ -- CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or "the Company"), today released a letter to shareholders from the Chairman of the Company's Board of Directors (the "Board"), the full text of which is provided below. All CLPS shareholders are encouraged to read it. Dear Shareholders, On behalf of the Board, I wish you a happy and safe new year! In 2020, CLPS celebrated its 15th anniversary since its establishment. It was also a challenging year that forced most people to adopt to new realities. Despite this unprecedented year, we remained on track with our growth strategy such as global business expansion, continuous talent supply development, successful
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HONG KONG, March 5, 2025 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (NASDAQ:CLPS), today announced its unaudited financial results for the six months ended December 31, 2024, or the first half of the Company's fiscal year 2025. This period marked significant progress for CLPS as we executed our dual-engine strategy of global expansion and industry diversification, balanced with disciplined organic growth. By broadening our geographic reach and penetrating new sectors, we reinforced our core IT services expertise while diversifying revenue streams. To drive sustainable growth, we intensified investments in proprietary product development by establishing the Company's China
HONG KONG, Oct. 24, 2024 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (NASDAQ:CLPS), today announced that its Board of Directors has declared a special cash dividend of $0.13 per share of common stock, marking the third consecutive fiscal year of such a payment. It is payable on November 12, 2024 to shareholders of record as of November 4, 2024. The aggregate amount of the payment to be made in connection with this special cash dividend will be approximately $3.6 million. Mr. Raymond Lin, Chief Executive Officer of CLPS, commented, "In light of our recent stock performance, the Board of Directors has decided to declare another round of special cash dividend for our sharehold
HONG KONG, Oct. 18, 2024 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (Nasdaq: CLPS), today announced its financial results for the six months ended June 30, 2024 and full year of fiscal 2024. Fiscal year 2024 presented unique challenges due to global economic uncertainties and industry-wide layoffs. Despite these headwinds, CLPS demonstrated resilience and strategic foresight. We proactively adjusted our operations to navigate these complexities, positioning ourselves for continued growth. Our dual-engine strategy, focused on expanding our global reach and diversifying into new industry segments, proved instrumental in achieving this goal. In addition, the increasing demand
HONG KONG, June 13, 2024 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (NASDAQ:CLPS) today announced that, through its wholly-owned subsidiary, Ridik Pte. Ltd. ("Ridik"), it has acquired 100% of the equity of Shell Infotech Pte. Ltd. and its wholly-owned subsidiary Shell Infotech Consulting Sdn. Bhd. (collectively, "Shell Infotech"). This acquisition expands CLPS's client base and market share in Southeast Asia while strengthening its core IT competencies and service offerings, solidifying its commitment to global expansion. Established in 2003 and headquartered in Singapore, Shell Infotech is a leading IT consulting and managed services provider. Over the years, Shell Infote
HONG KONG, March 5, 2024 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (NASDAQ:CLPS), today announced its unaudited financial results for the six months ended December 31, 2023, or the first half of the Company's fiscal year 2024. During this period, CLPS navigated a challenging global economic landscape due to factors such as economic slowdown and the impact of exchange rate fluctuation between the RMB and the U.S. dollar, given its reporting currency. While these factors impacted business development, they also provided valuable insights and strengthened the Company's ability to navigate such dynamic environments. Observing a temporary reduction in demand for certain IT ser
HONG KONG, Jan. 9, 2024 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (NASDAQ:CLPS), today announced that, through its wholly-owned subsidiary CLPS Technology (Singapore) Pte. Ltd., it has acquired 100% of the equity of College of Allied Educators Pte. Ltd. ("CAE"), a Singapore-based learning institution. This significant milestone marks a new phase in CLPS's Talent Creation Program ("TCP") and Talent Development Program ("TDP") strategy. Established in 2004 and strategically located in the heart of Singapore's Central Business District, CAE has earned an outstanding reputation with its registration in the Committee for Private Education ("CPE") and certifications from profes
HONG KONG, Nov. 22, 2023 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (NASDAQ:CLPS), today announced that its Board of Directors has declared a special cash dividend of $0.10 per share of common stock. It is payable on December 13, 2023 to shareholders of record as of December 4, 2023. The aggregate amount of the payment to be made in connection with this special cash dividend will be approximately $2.56 million. This special cash dividend follows the Company's initial special cash dividend of $0.05 per share, paid on January 10, 2023. Mr. Raymond Lin, Chief Executive Officer of CLPS, commented, "Ensuring returns for our valued shareholders is a paramount responsibility that
HONG KONG, March 3, 2023 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (NASDAQ:CLPS), today announced its unaudited financial results for the six months ended December 31, 2022, or the first half of the Company's fiscal year 2023. During this period, the global economy and international affair conditions have changed considerably, including the Federal Reserve interest rate hikes and changes in China's COVID conditions and policies, among others. This unprecedented chain of events had impacted both the macro and micro economies. The Company experienced direct and indirect effects on its business development, including the impact of exchange rate fluctuation between the RMB and
HONG KONG, Feb. 24, 2023 /PRNewswire/ -- CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or "the Company"), today announced that it plans to release its first half of fiscal 2023 financial results before the market opens on Friday, March 3, 2023. The Company will hold a conference call at 8:30 am ET (9:30 pm Beijing time) on the same day, to discuss its first half of fiscal 2023 financial results, business highlights, and company outlook. Listeners may access the call by dialing: U.S. Toll-Free: +1-877-423-9813U.S. Local/International: +1-201-689-8573Mainland China: 400 120 2840Hong Kong: 800 965 561 Listeners may also click this Call me™ link, which will be available 15 minutes prior to scheduled
HONG KONG, Feb. 6, 2023 /PRNewswire/ -- CLPS Incorporation (NASDAQ:CLPS) ("CLPS" or "the Company"), today released a letter to shareholders from the Chairman of the Company's Board of Directors (the "Board"), the full text of which is provided below. All CLPS shareholders are encouraged to read it. Dear Shareholders, The Board of CLPS wishes you a prosperous Year of the Rabbit! Our business has remained resilient despite various macroeconomic disruptions in 2022. We are proud of our accomplishments primarily driven by our dedicated employees and management team, along with the effectiveness of our strategy. We achieved milestones in our topline growth, product development, strategic partners