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Stock impact report

CLPS Incorporation Announces Signing of Framework Agreement with A China A-Share Company to Develop Financial IT Services in Domestic Market

CLPS Incorporation (CLPS) 
Company Research Source: PR Newswire
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 servic Show less Read more
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