CLPS Appoints New CEO to Drive Payment Innovations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 13 2026
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Should l Buy CLPS?
Source: PRnewswire
- Executive Appointment: CLPS has appointed Simon Chiang as CEO of its wholly-owned subsidiary Qinson Credit Card Services Limited, leveraging his over 20 years of global leadership experience in banking technology and payments to drive innovation in financial infrastructure solutions.
- Extensive Background: Prior to joining QCC, Chiang held several senior technology leadership roles at Citibank, overseeing critical systems across more than 40 markets and successfully implementing high-impact initiatives such as core banking and card platform modernization, enhancing system scalability and stability.
- Strategic Focus: Under Chiang's leadership, QCC will continue to deliver secure and flexible payment infrastructure, addressing the needs of banks and financial institutions for cross-border transactions and emerging payment types, thereby strengthening its competitive position in the market.
- Company Vision: CLPS CEO Raymond Lin stated that Chiang's appointment marks a significant milestone for QCC, aligning with the company's strategic focus on advancing frontier financial technologies and next-generation payment innovations to accelerate sustainable growth in high-potential areas.
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Analyst Views on CLPS
About CLPS
CLPS Incorporation is a China-based holding company principally engaged in the provision of information technology (IT), consulting and solution services. The Company is focused on delivering services to global institutions in banking, insurance and financial sectors, both in China and globally. The Company conducts its businesses mainly through three segments, including Fintech IT Consulting Service segment, Customized IT Solution Service segment and Other segment. The Company’s consulting services include credit card services and core banking services. It offers IT consulting services across various credit card business areas, including credit card applications, account setup, authorization and activation, settlement, collection, promotion, point system, anti-fraud, statement, reporting and risk management. The Company conducts its businesses in domestic and overseas markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
CLPS Appoints New CEO to Drive Payment Innovations
- Executive Appointment: CLPS has appointed Simon Chiang as CEO of its wholly-owned subsidiary Qinson Credit Card Services Limited, leveraging his over 20 years of global leadership experience in banking technology and payments to drive innovation in financial infrastructure solutions.
- Extensive Background: Prior to joining QCC, Chiang held several senior technology leadership roles at Citibank, overseeing critical systems across more than 40 markets and successfully implementing high-impact initiatives such as core banking and card platform modernization, enhancing system scalability and stability.
- Strategic Focus: Under Chiang's leadership, QCC will continue to deliver secure and flexible payment infrastructure, addressing the needs of banks and financial institutions for cross-border transactions and emerging payment types, thereby strengthening its competitive position in the market.
- Company Vision: CLPS CEO Raymond Lin stated that Chiang's appointment marks a significant milestone for QCC, aligning with the company's strategic focus on advancing frontier financial technologies and next-generation payment innovations to accelerate sustainable growth in high-potential areas.
See More
CLPS Appoints New CEO to Drive Payment Innovation
- Executive Appointment: CLPS has appointed Simon Chiang as CEO of its wholly-owned subsidiary Qinson Credit Card Services Limited, leveraging his over 20 years of global leadership experience in banking technology and payments to drive innovation in payment infrastructure solutions.
- Leadership Background: Prior to joining QCC, Chiang held several senior technology leadership roles at Citibank, overseeing critical systems across more than 40 markets and successfully implementing high-impact initiatives such as core banking and card platform modernization, enhancing system scalability and stability.
- Strategic Development Focus: CLPS CEO Raymond Lin stated that Chiang's appointment marks a critical milestone for QCC, aiming to deepen investments in frontier financial technologies and next-generation payment innovations to accelerate sustainable growth in high-potential areas.
- Future Vision: Chiang expressed that his experience aligns perfectly with QCC's goals, focusing on enhancing payment efficiency, platform interoperability, and innovation to adapt to the evolving global payment ecosystem.
See More
CLPS Board Approves Share Repurchase Program
- Repurchase Program Launch: CLPS's Board has approved a share repurchase program allowing for the buyback of up to 1 million shares, set to commence on February 5, 2026, and conclude on November 4, 2026, aimed at enhancing the company's market value and protecting long-term shareholder interests.
- Price Limitation for Repurchases: The program stipulates that repurchases will only occur when the company's share price is below $2.00 per share, demonstrating the company's commitment to shareholder value while reflecting sensitivity to market fluctuations.
- Flexible Repurchase Methods: CLPS plans to utilize various methods for repurchases, including open market purchases and privately negotiated transactions, with specific timing, price, and size dependent on market conditions and the company's capital allocation strategy, ensuring adaptability to market changes.
- Strategic Implications: This repurchase program not only aims to bolster investor confidence but may also enhance earnings per share by reducing the number of shares outstanding, thereby supporting the company's stock performance and competitive position in the long run.
See More
CLPS Approves Share Repurchase Program
- Repurchase Program Overview: CLPS's Board of Directors has approved a share repurchase program allowing the company to buy back up to 1,000,000 shares at market prices below $2.00 per share, aimed at enhancing market value and protecting long-term shareholder interests.
- Implementation Timeline: The repurchase program is set to commence on February 5, 2026, and conclude on November 4, 2026, indicating the company's commitment to shareholder returns and sensitivity to market conditions.
- Flexible Repurchase Methods: The company can utilize various methods for repurchases, including open market purchases and privately negotiated transactions, all in compliance with Securities and Exchange Commission regulations, ensuring transparency and legality.
- Strategic Implications: This initiative not only reflects the company's confidence in its value but also provides potential support for shareholders during market fluctuations, further solidifying CLPS's leadership position in the digital transformation sector.
See More
CLPS Reports 15.2% Revenue Growth to $164.5 Million for Fiscal 2025
- Revenue Growth: CLPS achieved total revenue of $164.5 million for fiscal 2025, reflecting a 15.2% year-over-year increase, despite challenges from significant client downsizing, demonstrating the company's success in diversifying its revenue streams.
- Stable Profitability: Gross profit rose 10.2% to $36.3 million, even with one-time severance charges due to client layoffs, indicating stable core operational performance and the potential to maintain a revenue growth rate of 10%-15% moving forward.
- Technological Innovation: The launch of Nibot, a highly configurable RPA product, was successfully deployed for a leading Hong Kong bank, marking strategic advancements in AI and automation that enhance the company's competitive edge in the market.
- Global Expansion: CLPS established its Indonesia subsidiary in 2025, further localizing its footprint in Southeast Asia, with revenue outside mainland China growing approximately 90.5% to $42.5 million, showcasing the success of its global expansion strategy.
See More
CLPS Reports 90.5% Growth in International Revenue for 2025
- International Revenue Growth: CLPS achieved approximately 90.5% growth in international revenue to $42.5 million in fiscal 2025, demonstrating the success of its global expansion strategy and enhancing its competitive edge in diversified markets.
- Technological Innovation Progress: The launch of Nibot, a Robotic Process Automation product, was successfully deployed for a major Hong Kong bank in the second half of 2025, highlighting the company's technological capabilities in AI and automation, which received strong client acclaim.
- Strategic Partnership Deepening: CLPS collaborated with The Bank of East Asia to conduct a Proof-of-Concept for Nibot, showcasing its innovative capabilities in financial services and solidifying partnerships with leading financial institutions.
- Business Diversification Effectiveness: By acquiring strategic assets in the education sector, CLPS generated $2 million in revenue during fiscal 2025, further proving its successful expansion capabilities across multiple industries.
See More
CLPS Appoints New CEO to Drive Payment Innovations
- Executive Appointment: CLPS has appointed Simon Chiang as CEO of its wholly-owned subsidiary Qinson Credit Card Services Limited, leveraging his over 20 years of global leadership experience in banking technology and payments to drive innovation in financial infrastructure solutions.
- Extensive Background: Prior to joining QCC, Chiang held several senior technology leadership roles at Citibank, overseeing critical systems across more than 40 markets and successfully implementing high-impact initiatives such as core banking and card platform modernization, enhancing system scalability and stability.
- Strategic Focus: Under Chiang's leadership, QCC will continue to deliver secure and flexible payment infrastructure, addressing the needs of banks and financial institutions for cross-border transactions and emerging payment types, thereby strengthening its competitive position in the market.
- Company Vision: CLPS CEO Raymond Lin stated that Chiang's appointment marks a significant milestone for QCC, aligning with the company's strategic focus on advancing frontier financial technologies and next-generation payment innovations to accelerate sustainable growth in high-potential areas.
See More
CLPS Appoints New CEO to Drive Payment Innovation
- Executive Appointment: CLPS has appointed Simon Chiang as CEO of its wholly-owned subsidiary Qinson Credit Card Services Limited, leveraging his over 20 years of global leadership experience in banking technology and payments to drive innovation in payment infrastructure solutions.
- Leadership Background: Prior to joining QCC, Chiang held several senior technology leadership roles at Citibank, overseeing critical systems across more than 40 markets and successfully implementing high-impact initiatives such as core banking and card platform modernization, enhancing system scalability and stability.
- Strategic Development Focus: CLPS CEO Raymond Lin stated that Chiang's appointment marks a critical milestone for QCC, aiming to deepen investments in frontier financial technologies and next-generation payment innovations to accelerate sustainable growth in high-potential areas.
- Future Vision: Chiang expressed that his experience aligns perfectly with QCC's goals, focusing on enhancing payment efficiency, platform interoperability, and innovation to adapt to the evolving global payment ecosystem.
See More
CLPS Board Approves Share Repurchase Program
- Repurchase Program Launch: CLPS's Board has approved a share repurchase program allowing for the buyback of up to 1 million shares, set to commence on February 5, 2026, and conclude on November 4, 2026, aimed at enhancing the company's market value and protecting long-term shareholder interests.
- Price Limitation for Repurchases: The program stipulates that repurchases will only occur when the company's share price is below $2.00 per share, demonstrating the company's commitment to shareholder value while reflecting sensitivity to market fluctuations.
- Flexible Repurchase Methods: CLPS plans to utilize various methods for repurchases, including open market purchases and privately negotiated transactions, with specific timing, price, and size dependent on market conditions and the company's capital allocation strategy, ensuring adaptability to market changes.
- Strategic Implications: This repurchase program not only aims to bolster investor confidence but may also enhance earnings per share by reducing the number of shares outstanding, thereby supporting the company's stock performance and competitive position in the long run.
See More
CLPS Approves Share Repurchase Program
- Repurchase Program Overview: CLPS's Board of Directors has approved a share repurchase program allowing the company to buy back up to 1,000,000 shares at market prices below $2.00 per share, aimed at enhancing market value and protecting long-term shareholder interests.
- Implementation Timeline: The repurchase program is set to commence on February 5, 2026, and conclude on November 4, 2026, indicating the company's commitment to shareholder returns and sensitivity to market conditions.
- Flexible Repurchase Methods: The company can utilize various methods for repurchases, including open market purchases and privately negotiated transactions, all in compliance with Securities and Exchange Commission regulations, ensuring transparency and legality.
- Strategic Implications: This initiative not only reflects the company's confidence in its value but also provides potential support for shareholders during market fluctuations, further solidifying CLPS's leadership position in the digital transformation sector.
See More
CLPS Reports 15.2% Revenue Growth to $164.5 Million for Fiscal 2025
- Revenue Growth: CLPS achieved total revenue of $164.5 million for fiscal 2025, reflecting a 15.2% year-over-year increase, despite challenges from significant client downsizing, demonstrating the company's success in diversifying its revenue streams.
- Stable Profitability: Gross profit rose 10.2% to $36.3 million, even with one-time severance charges due to client layoffs, indicating stable core operational performance and the potential to maintain a revenue growth rate of 10%-15% moving forward.
- Technological Innovation: The launch of Nibot, a highly configurable RPA product, was successfully deployed for a leading Hong Kong bank, marking strategic advancements in AI and automation that enhance the company's competitive edge in the market.
- Global Expansion: CLPS established its Indonesia subsidiary in 2025, further localizing its footprint in Southeast Asia, with revenue outside mainland China growing approximately 90.5% to $42.5 million, showcasing the success of its global expansion strategy.
See More
CLPS Reports 90.5% Growth in International Revenue for 2025
- International Revenue Growth: CLPS achieved approximately 90.5% growth in international revenue to $42.5 million in fiscal 2025, demonstrating the success of its global expansion strategy and enhancing its competitive edge in diversified markets.
- Technological Innovation Progress: The launch of Nibot, a Robotic Process Automation product, was successfully deployed for a major Hong Kong bank in the second half of 2025, highlighting the company's technological capabilities in AI and automation, which received strong client acclaim.
- Strategic Partnership Deepening: CLPS collaborated with The Bank of East Asia to conduct a Proof-of-Concept for Nibot, showcasing its innovative capabilities in financial services and solidifying partnerships with leading financial institutions.
- Business Diversification Effectiveness: By acquiring strategic assets in the education sector, CLPS generated $2 million in revenue during fiscal 2025, further proving its successful expansion capabilities across multiple industries.
See More
