Brief: CLPS Inc Increases Ownership Stake In Lihong Financial Information Services Co. Ltd

Clps

05/02/2019 12:38

Feb 5 (Reuters) - CLPS Inc  CLPS.O :
    * CLPS INCORPORATION INCREASES OWNERSHIP STAKE IN LIHONG
FINANCIAL
INFORMATION SERVICES CO., LTD.
    * CLPS INC - PARTIES HAVE AGREED TO INCREASE COMPANY'S
OWNERSHIP
STAKE FROM 2.7% TO 36.8%
    * CLPS INC - INCREASED INVESTMENT WILL FURTHER DIVERSIFY ITS
REVENUE MODEL INTO NEW BUSINESS SERVICES
    * CLPS INC - INCREASED INVESTMENT IS ANTICIPATED TO ADD TO
COMPANY'S ABILITY TO GENERATE ADDITIONAL OPERATING INCOME

Source text for Eikon:  ID:nPn5Jb8JMa 
Further company coverage:  CLPS.O 

 ((Reuters.Briefs@thomsonreuters.com;))