Business
CLPS Incorporation Establishes California Subsidiary, Furthering Global Expansion Strategy
SHANGHAI, Jan. 30, 2020 /PRNewswire/ -- CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or "the Company") today announced that it established CLPS Technology
About this update from Clps Incorporation
[{"type":"text","content":"SHANGHAI, Jan. 30, 2020 /PRNewswire/ -- CLPS Incorporation (Nasdaq: CLPS) (\"CLPS\" or \"the Company\") today announced that it established CLPS Technology (California) Inc. (\"CLPS California\"), in San Francisco, California, USA, on January 2, 2020. The formation of CLPS California is part of the Company's 2020 global expansion strategy, which focuses on the U.S. market to support the Company's business growth.\nCLPS has been recognized by its clients for providing the best quality IT consulting and solution services to blue-chip international banks, insurance, and financial institutions. With the Company's proven track record, competitive advantage, and aggressive global expansion strategy, its existing clients headquartered in the U.S. expect to receive the same quality of IT services domestically. In order to achieve this strategic objective, the Company has set up CLPS California as a foundation for future business development.\nMr. Matthew Tang, Chief Executive Officer of CLPS Technology (US) Ltd., said, \"CLPS California is a result of the Company's global business development strategy. The Company's existing domestic and global IT delivery capabilities in the financial technology industry, including IT consulting and solution services, product implementation, offshore project delivery, talent creation and development programs, and other services, enable us to further expand our service offerings in the U.S. market. Therefore, CLPS California paves the way to providing U.S.-based clients with more comprehensive and efficient services to improve client satisfaction and to achieve win-win results.\"\nMr. Henry Li, Chief Operating Officer of CLPS, commented, \"The establishment of CLPS California is an important part of the Company's global expansion strategy to achieve significant market growth in 2020. Our business development in the U.S. allows us to further drive our global expansion and lays a solid foundation for the Company's sustainable growth.\"\nAbout CLPS Incorporation\nHeadquartered in Shanghai, China, 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...