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0.123803278688525 0.228032786885246 0.229508196721312 0.209213114754099 0.180327868852459 0.26016393442623 0.268393442622951 0.216393442622951
Stock impact report

CLPS Incorporation Establishes New Company Focused on Credit Card Service Business to Integrate Resources, Expand Business Scope, and Reduce Operational Cost

CLPS Incorporation (CLPS) 
Company Research Source: PR Newswire
SHANGHAI, Feb. 4, 2020 /PRNewswire/ -- CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or "the Company") today announced that it established a new company, Qinson Credit Card Services Limited ("Qinson Credit Card"), a wholly-owned subsidiary based in Hong Kong, on December 31, 2019, to cater to the credit card service demands of the financial industry. The establishment of this subsidiary is in-line with the Company's strategic business development plan.With more than ten years of experience in the credit card service industry, CLPS is a leading service provider with hundreds of professionals specializing in the areas of credit card technology and business services. The Company has successfully implemented credit card systems for many large banks and other financial institutions, covering multinational and multi-currency transactions. The aggregate revenue of the Company's credit card related business, including Qinson Credit Card, is forecasted to be approximately $7 million in fiscal year Show less Read more
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