Financial SoftwareCLPS Incorporation Relocates Global Corporate Headquarters to Hong Kong

PRNewswire PRNewswireMay 21, 20204 min

CLPS Incorporation (Nasdaq: CLPS) (“CLPS” or “the Company”), today announced the relocation of its global corporate headquarters to Hong Kong to further expand its business as part of the implementation of its global expansion strategy. Shanghai will now serve as CLPS’s regional headquarters in Mainland China.

Founded in Shanghai, CLPS has achieved more than a decade of consistent development, including large scale operation growth since 2005. As one of the largest financial hubs in the world, Hong Kong has been accelerating its fintech development to promote the growth of its fintech services sector. Thus, CLPS decided to relocate its global corporate headquarters to Hong Kong to reinforce its global expansion strategy and to achieve further business growth. The Company specifically aims to bridge and expand its financial technology services business on a global scale, which adheres to the Company’s commitment to deliver a globally competitive business.Fintech News

Mr. Raymond Lin, Co-Founder and Chief Executive Officer of CLPS, said, “The relocation of our global corporate headquarters to Hong Kong is an important milestone of the implementation of CLPS’s global expansion strategy to streamline our international business development, client communication, and service delivery. As an international financial hub, Hong Kong is home to numerous international financial institutions, including our existing and potential clients. I believe that with Hong Kong’s innovative fintech development environment and CLPS’s years of experience in the financial technology field, we will be able to leverage Hong Kong’s advantage in mainstream financial services and Mainland China’s advanced fintech capabilities to provide clients with high quality services. Facilitating the innovation and development of fintech in Hong Kong is only one of our strategic approaches to global expansion. We are working tirelessly and remain consistently on track with our goal to develop a globally competitive business and to maximize the Company’s overall value.”

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