CLPS Incorporation provides IT consulting, customized technology solutions and digital-transformation services for clients in financial services and other industries. Company news commonly covers AI, cloud, big-data, robotic-process-automation and payment-technology initiatives, including banking modernization tools such as COBOL-to-Java migration, the Nibot AI agent and the CAKU credit-card issuance and management platform.
Updates also include financial results, changes in client mix and geographic expansion, partnerships involving Qinson Credit Card Services Limited, subsidiary leadership, and capital-allocation actions such as common-share repurchase programs.
CLPS (CLPS) has completed a Generative AI-assisted Anti-Money Laundering Governance & Decision Framework Project for a leading Chinese commercial bank within a Hong Kong regulatory Gen A.I. Sandbox.
The company fine-tuned an open-source small Large Language Model to automate AML risk ratings, achieving an accuracy rate above 90%, compared with over 40% for an off-the-shelf general LLM and just over 30% for a larger model with 400% more parameters. The solution uses synthetic data augmentation, class-weighted loss, and stratified sampling, plus a seven-dimensional scorecard, LLM-as-a-judge testing, and human-in-the-loop review. CLPS plans to reuse this standardized framework in areas such as loan approval, credit monitoring, and user behavior analysis, and as a base for proprietary financial LLM products.
CLPS (CLPS) announced that it has regained compliance with Nasdaq’s minimum bid price requirement. Nasdaq notified the company that its common share maintained a minimum bid price of $1.00 per share or greater for 10 consecutive trading days from August 20 through September 2, 2026.
CLPS is now in full compliance with Nasdaq Listing Rule 5450(a)(1), and Nasdaq considers the matter closed.
CLPS (Nasdaq: CLPS) announced completion of an AI-driven modernization of a 30-year-old mortgage loan system for a major international bank. Using its proprietary “Know Your System” AI solution, CLPS reverse‑engineered undocumented legacy code into functional and technical documentation, boosting initial AI accuracy from about 80%-90% to 98% through optimization.
The team delivered the project in 16 months with just over 20 developers versus an initial estimate of 80 developers over five years. CLPS re‑platformed the system to a Java/React/PostgreSQL stack, converting roughly 985,000 lines of code, rebuilding 1,124 database tables, and deploying an on‑premises AI model to meet banking security and compliance requirements.
CLPS (Nasdaq: CLPS) launched Athena, an enterprise AI knowledge assetization platform that centralizes dispersed documents, media, and CRM data into an intelligent knowledge base. Using multimodal extraction, LLMs, vector databases, and self-evolving agents, Athena targets faster knowledge retrieval, higher pre-sales efficiency, better client service, and stronger protection of core intellectual assets.
CLPS expects knowledge search to drop from hours to seconds and pre-sales solution delivery efficiency to rise by over 50%, while permission controls aim to maintain data security.
CLPS (Nasdaq: CLPS) will present at the Investor Summit Virtual Conference on June 24, 2026, at 4:00 P.M. ET.
President Henry Li will cover strategy and milestones, while CFO Rita Yang reviews fiscal 2025 and first-half 2026 financial performance and outlook. Slides will be posted on CLPS's investor relations website.
CLPS (Nasdaq: CLPS) announced a major AI-driven restructuring of its R&D architecture, centered on its proprietary AI Rainstorm Factory model. The company has deployed AI server clusters in Shanghai, Shenzhen, and Singapore with up to 15,000 TFLOPS of computing power and an internal AI platform.
The SDLC is split into six specialized AI-enabled workshops, from UI design to automated testing, operating in a specification-driven, collaborative framework. CLPS is also building an AIOps resource management system and aims to shorten R&D and delivery cycles by up to 50% while reducing costs.
CLPS (Nasdaq: CLPS) received a Nasdaq notice on May 27, 2026 that its common share closing bid price stayed below $1.00 for 30 consecutive trading days, breaching Nasdaq Listing Rule 5450(a)(1).
CLPS has until November 23, 2026 to regain compliance by maintaining a closing bid of at least $1.00 for 10 consecutive business days. The notice does not currently affect listing status or operations, and the company may consider a reverse share split.
CLPS (Nasdaq: CLPS) subsidiary Qinson Credit Card Services (QCC) partnered with an emerging Southeast Asian financial institution to deploy the CAKU digital banking and credit card issuance platform on March 25, 2026. The agreement covers core software delivery, professional services, migration, and cloud-direct connectivity to payment networks.
CAKU is cloud-native, supports transaction throughput exceeding 4,000 TPS, offers 1,200+ APIs, PCI-DSS and ISO27001 compliance, and enables rapid, configurable deployment and legacy migration for the partner's neobank-focused credit card products.
CLPS (Nasdaq: CLPS) launched an AI-driven COBOL-to-Java intelligent migration solution on March 12, 2026 to accelerate core banking modernization.
The solution combines two decades of COBOL domain expertise with LLM-based semantic conversion, static analysis, dynamic tracing and knowledge-graph reconstruction. CLPS completed a Proof-of-Concept with a major Hong Kong bank demonstrating rapid, stable COBOL-to-Java conversion and reduced client resource needs.
CLPS (Nasdaq: CLPS) reported unaudited results for the six months ended Dec 31, 2025, with revenue of $85.1M (+2.8% YoY) and gross profit of $19.5M (+2.1%).
Key drivers included a 134.7% rise in customized IT solutions to $2.2M, a 63.1% increase in revenue outside mainland China to $31.0M, and operating income up 300.5% to $0.6M. The Board authorized a share repurchase program for up to 1,000,000 shares at prices below $2.00.