
Core Viewpoint - HuaQin Technology (CLPS) has shown a positive financial performance with a revenue increase and a significant rise in net profit, indicating potential growth in the IT consulting sector focused on financial services [1] Financial Performance - As of December 31, 2024, HuaQin Technology reported total revenue of $82.78 million, representing a year-on-year growth of 15.33% [1] - The company achieved a net profit attributable to shareholders of -$389,900, which is a 73.79% increase compared to the previous year [1] Company Overview - HuaQin Technology is a global IT consulting and solutions service provider, primarily serving the banking, insurance, and financial sectors in the US, Europe, Australia, and Hong Kong [1] - The company was established in May 2017 under Cayman Islands law and is headquartered in China [1] - HuaQin Technology operates 18 delivery or research and development centers across various locations, with 10 centers in mainland China and 8 centers in regions including Hong Kong, the US, UK, Japan, Singapore, Malaysia, Australia, and India [1]