HONG KONG, July 2, 2024 /PRNewswire/ -- Huaqin Technology Group (NASDAQ: CLPS, hereinafter referred to as “Huaqin Technology” or the “Group”) officially announced today that its organizational structure will be adjusted. The current Chief Operating Officer (“COO”), Mr. Li Li, will be promoted to Group President and will report directly to the board of directors.
Since joining Huaqin Technology in 2019, Mr. Li has promoted the Group's continuous growth and innovative development with his outstanding leadership skills and rich industry experience. During his time as COO, Mr. Li Li improved business efficiency and productivity through the introduction of advanced technology and process optimization, established a complete internal management system for the group, achieved refined resource allocation and collaborative work, and effectively improved operational effectiveness. In addition, Mr. Li has also actively expanded the market, further expanded the Group's customer base, maintained good relationships with major customers, and achieved continuous organic growth in the business.
Mr. Li has 20 years of professional and IT experience in the financial and IT industry. From June 2017 to June 2019, Mr. Li Li was the Deputy General Manager of Technology and Operations at Mastercard (China). From July 2013 to June 2017, Mr. Li Li was the Head of Business Solutions and Quality Assurance and Executive Manager at the Commonwealth Bank of Australia China Branch. Mr. Li has a bachelor's degree in computer science from Tianjin University and a master's degree in engineering from Fudan University.
“I am very honored to assume the position of President of Huaqin Technology,” Li Li said. In this dynamic IT services industry, I will focus on leveraging the Group's competitive advantage, promoting innovation, and achieving operational excellence. By investing in cutting-edge technology, optimizing operating processes, and expanding our international business, we will continue to create value for our shareholders and customers.”
Mr. Yang Xiaofeng, Chairman of Huaqin Technology, said, “Mr. Li Li's strategic vision and execution are impressive. We look forward to him continuing to lead the group to new heights during his tenure as president. This personnel change is part of the Group's long-term strategic plan to strengthen the leadership team and improve management efficiency to better respond to market changes and customer needs. The Group will continue to strive for innovation and development to provide customers with quality products and services.”
Huaqin Technology Group Company Profile
Huaqin Technology Group, headquartered in Hong Kong, China, is a leading information technology (“IT”) consulting and solution service provider focusing on banking, insurance and finance. The Group has been an IT solution provider, serving a growing number of customers in the global financial industry, including large financial institutions in the US, Europe, Australia, Hong Kong and Southeast Asia and their IT R&D centers in China. The Group currently has a total of 20 delivery and R&D centers to serve customers in different regions. The Group's delivery and R&D centers in mainland China are located in Shanghai, Beijing, Dalian, Tianjin, Xi'an, Chengdu, Guangzhou, Shenzhen, Hangzhou and Hainan. The remaining 10 international delivery and R&D centers of the Group are located in Hong Kong, the United States, Japan, Singapore, Malaysia, Australia, India, the Philippines, Vietnam and Canada. For more information about the Group, please visit:, or follow Huaqin Technology's official accountFacebook, Instagram, LinkedIn, X (formerly Twitter), and YouTube.
Forward-looking statements
Some of the statements in this press release are “forward-looking statements” within the meaning and protection of section 27A of the 1933 Securities Act as amended and section 21E of the 1934 Securities Exchange Act as amended. Forward-looking statements include statements about the Group's beliefs, plans, goals, expectations, assumptions, estimates, intentions, and future results, and address known and unknown risks, uncertainties, and other factors. This may be beyond the Group's control and may cause the Company's actual results, performance, capital, ownership or achievements to be materially different from future results, performances, or achievements expressed or implied in such forward-looking statements. All such forward-looking statements apply to this cautionary notice, including but not limited to expectations for the Group's future growth, performance, and results, the Group's ability to take advantage of various commercial, mergers, acquisitions, technology and other related opportunities and initiatives, and the risks and uncertainties described in the Group's recent SEC reports and filings. Such reports are available by the Group upon request, or can be found on the SEC website at http://www.sec.gov. The Group has no obligation or commitment to update, amend, or correct any forward-looking statements after this date or the date corresponding to any other such statement.