CLPS Incorporation Announces IPO Plan of its Majority-Owned Subsidiary at the Beijing Stock Exchange
With relatively independent business operation, JAJI is an IT consulting and solution services provider that covers various technology-driven industries including but not limited to securities, automotive and education, enabling corporate clients achieve their growth and improved business. JAJI has been engaged with in-demand technologies such as big data, artificial intelligence (AI), blockchain, cloud computing, robotic process automation (RPA), and Internet of Things (IoT), among others. It successfully delivered IT services involving user portrait, intelligent manufacturing, financial credit investigation and automated decision-making. JAJI's revenue accounted for approximately 5.4% of the total revenue of
This press release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of any securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.
Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements with respect to the Company's beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance. Known and unknown risks, uncertainties and other factors, which may be beyond the Company's control, may cause the actual results and performance of the Company to be materially different from such forward-looking statements. All such statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties related to the Company's expectations of the Company's future growth, performance and results of operations, the Company's ability to capitalize on various commercial, M&A, technology and other related opportunities and initiatives, as well as the risks and uncertainties described in the Company's most recently filed
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