
Core Insights - HuaQin Technology (CLPS) experienced a 2.36% increase in stock price, reaching $0.954 per share, with a total market capitalization of $26.69 million as of August 4 [1] - The company reported total revenue of $82.78 million for the fiscal year ending December 31, 2024, reflecting a year-over-year growth of 15.33% [1] - The net profit attributable to shareholders was -$0.39 million, showing a significant year-over-year improvement of 73.79% [1] Company Overview - HuaQin Technology is a global provider of information technology (IT), consulting, and solution services, primarily serving the banking, insurance, and financial sectors in the US, Europe, Australia, and Hong Kong [1] - Established in May 2017 under Cayman Islands law, the company is headquartered in China and operates 18 delivery or research and development centers across various locations [1] - Of these centers, 10 are located in mainland China, including cities such as Shanghai, Beijing, and Shenzhen, while the remaining 8 are situated in Hong Kong, the US, the UK, Japan, Singapore, Malaysia, Australia, and India [1]