CLPS News & Events

CLPS announced that its Board of Directors has approved a share repurchase program. Under the program, the Company is authorized to repurchase up to 1,000,000 of its outstanding common shares in the open market at prevailing market prices, specifically when the Company's share price is below $2.00 per share. The repurchase program is scheduled to commence on February 5, and will conclude on November 4. By implementing this program, the Board aims to reinforce the Company's value proposition within the marketplace and safeguard long-term shareholder interests.

CLPS released a letter to shareholders from the Chairman of its Board of Directors. "Looking back at the past year, CLPS remained steadfastly focused on disciplined execution and technological innovation, even as we navigated a dynamic global macroeconomic environment... 2025 served as a pivotal year of transformation for the Company... 1. Technological Innovation. Innovation remains at the core of CLPS's strategy. During the year, we made meaningful progress in advancing next-generation digital solutions across artificial intelligence, automation, Web3, and financial infrastructure... 2. Financial Performance and Outlook. In fiscal 2025, amid a cautious budgeting environment across our global client base, CLPS focused on diversifying its revenue streams and accelerating the development of a more resilient financial framework... Looking ahead, management is cautiously optimistic. While we sustain organic growth through core IT consulting services, we see growing demand for AI-enabled transformation, automation, and digital modernization solutions. 3. Strategic Partnerships. Partnerships were vital to advancing our innovation roadmap. We collaborated with The Bank of East Asia, Limited to conduct a Proof-of-Concept of Nibot, an advanced AI agent that integrates RPA and Generative Artificial Intelligence. 4. Operations and Organizational Development. Operational excellence remains a priority as we scale. We established the CLPS AI Innovation Committee, strengthening governance and strategic alignment around AI deployment. 5. Global Expansion. Fiscal 2025 marked a milestone in our international growth with the establishment of our Indonesia subsidiary. This move further deepens our localized footprint in the region and fulfills our commitment to cultivating Southeast Asia as a key growth market. 6. Business Diversification. CLPS continues to build a resilient, multi-sector business model.

CLPS announced the establishment of its wholly-owned subsidiary, PT Ridik Fintech in Jakarta, Indonesia. In a report by the U.S. International Trade Administration, Indonesia's digital economy is among the fastest growing in SEA, projected to exceed $130B by 2025. Southeast Asia remains a key growth driver for CLPS, with a 101.7% year-over-year revenue increase in the region during the first half of FY25.