CLPS Incorporation, announced that it has signed a Memorandum of Cooperation (“Memorandum”) with a Chinese company listed on one of the domestic Chinese stock exchanges (“Partner”).
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The Partner is an established financial IT company in China and one of China’s leading financial asset risk management solution providers. As such, the Partner has maintained high market share in its sector for many years.
Through the Memorandum, CLPS and its Partner have agreed to leverage each other’s advantages and resources, including advanced technology research efforts, new product development and promotion, information technology and management talent training initiatives, domestic and overseas market business development, and financial IT project delivery. In addition, both parties will explore joint investment opportunities going forward.
Mr. Raymond Lin, Chief Executive Officer of CLPS, said, “We hope to continuously expand our globally competitive business through industry cooperation and mutual promotion with market leaders. The complementary advantages of this partnership will enable us to achieve further growth in the financial IT field.”
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Headquartered in Hong Kong, CLPS Incorporation 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, 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, 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.
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