Exhibit 99.1 CLPS Incorporation Reports Financial Results for the First Half of Fiscal Year 2024 Hong Kong, March 5, 2024 /PRNewswire/ — CLPS Incorporation (the "Company" or "CLPS") (Nasdaq: CLPS), today announced its unaudited financial results for the six months ended December 31, 2023, or the first half of the Company's fiscal year 2024. During this period, CLPS navigated a challenging global economic landscape due to factors such as economic slowdown and the impact of exchange rate fluctuation between t ...

HONG KONG, Feb. 28, 2024 /PRNewswire/ -- CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or the "Company"), today announced that it will release its financial results for the six months ended December 31, 2023, or the first half of the Company's fiscal year 2024, before the market opens on Tuesday, March 5, 2024. About CLPS Incorporation Headquartered in Hong Kong, CLPS Incorporation is a global leading information technology ("IT") consulting and solutions service provider focused on delivering services primaril ...

HONG KONG, Jan. 9, 2024 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (Nasdaq: CLPS), today announced that, through its wholly-owned subsidiary CLPS Technology (Singapore) Pte. Ltd., it has acquired 100% of the equity of College of Allied Educators Pte. Ltd. ("CAE"), a Singapore-based learning institution. This significant milestone marks a new phase in CLPS's Talent Creation Program ("TCP") and Talent Development Program ("TDP") strategy. Established in 2004 and strategically located in the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark one) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 f ...

Financial Data and Key Metrics Changes - In the first half of fiscal 2023, revenue increased by $0.9 million or 1.1% to $76.8 million from $75.9 million, primarily due to an increase in revenue from IT consulting services [22] - Gross profit decreased to $18.5 million compared to $22.3 million [23] - Net income was $1.4 million compared to $6.5 million, with net income attributable to CLPS shareholders at $1.3 million compared to $6.3 million [26] Business Line Data and Key Metrics Changes - Revenue from IT consulting services increased by $0.8 million or 1.2% to $72.8 million [22] - Revenue from customized IT solutions services decreased by $0.1 million or 2.3% to $3.2 million [23] - Revenue from the wealth management area increased by approximately 24% to $19 million [10] - Revenue from the e-commerce area increased by approximately 3% year-over-year in RMB terms [11] - Revenue from the automotive area increased by approximately 30% to $7 million [12] Market Data and Key Metrics Changes - Revenue in the U.S. market increased by 72% [12] - Revenue in the Japan market increased by 156% [13] - Overseas staff grew by 9% in the first half of fiscal 2023 [14] Company Strategy and Development Direction - The company focuses on four key operational areas: banking, wealth management, e-commerce, and automotive [10] - A global expansion strategy is being implemented, particularly in the U.S. and Japan [13] - The company aims to support international business and digital transformation initiatives [19][20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in long-term business growth despite short-term challenges [26] - The company anticipates total sales growth in the range of approximately 5% to 10% and net income growth in the range of approximately 7% to 12% for fiscal year 2023 [26] - Management is optimistic about compliance with U.S. regulatory requirements and the potential for maintaining its listing [31] Other Important Information - The company declared its first special cash dividend in December 2022 [22] - The company is developing a new generation of loan management systems incorporating advanced technologies [16][17] Q&A Session Questions and Answers Question: Can you tell us about your expectation for the audit issues that are unresolved and the potential for delisting? - The company is working closely with U.S. counsel and independent auditors to ensure compliance with U.S. regulations and is optimistic about maintaining its listing [30][31] Question: Could you provide more color on why your net income decreased during this period? - The decrease in net income was attributed to the low pace of global economic growth and increased compensation costs for IT professionals, along with the impact of COVID-19 [32] Question: Any updates on the IPO of GRT, a major subsidiary of CLPS? - The listing material for GRT is being updated based on regulatory authority requirements, and the company believes its competitive advantage in the automotive area will bring value to shareholders [35]

Exhibit 99.1 CLPS Incorporation Reports Financial Results for the First Half of Fiscal Year 2023 Hong Kong, March 3, 2023 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (Nasdaq: CLPS), today announced its unaudited financial results for the six months ended December 31, 2022, or the first half of the Company's fiscal year 2023. During this period, the global economy and international affair conditions have changed considerably, including the Federal Reserve interest rate hikes and changes in C ...

CLPS Incorporation (NASDAQ:CLPS) Second Half and Full Year Fiscal 2022 Earnings Conference Call October 20, 2022 8:30 AM ET Company Participants Rhon Galicha – Head-Investor Relations Henry Li – Chief Operating Officer Rita Yang – Chief Financial Officer Conference Call Participants Thomas Fernandez – Private Investor Operator Hello, everyone. Welcome to the Second Half and Full Year of Fiscal 2022 Earnings Conference Call for CLPS Incorporation. Please note that today's conference is being recorded. At thi ...

CLPS Incorporation (NASDAQ:CLPS) Q2 2022 Earnings Conference Call March 4, 2022 8:30 AM ET Company Participants Rhon Galicha - Investor Relations Rui Yang - Chief Financial Officer Li Li - Chief Operating Officer Wilson Wong - Executive Vice President Conference Call Participants Operator Hello, everyone and welcome to the First Half of Fiscal Year 2022 Earnings Conference Call for CLPS Incorporation. Please note that [technical difficulty] I will turn the call over to Rhon Galicha from CLPS Investor Relati ...