CLPS Incorporation (the “Company” or “CLPS”) (Nasdaq: CLPS), today announced the successful testing of a simulation trading platform for securities, investment, and fund, designed specifically for Shanghai University of Finance and Economics (“SUFE”), a leading university in China specializing in finance and economics. Developed by CLPS’s majority-owned subsidiary, JAJI (Shanghai) Co., Ltd. (“JAJI”), the platform will play a pivotal role in providing experimental teaching support and empirical research for finance majors specializing in experimental finance and financial engineering at the university.
As the world undergoes a digital transformation, educational institutions are continuously seeking innovative teaching methods that integrate theoretical knowledge and practical experience to foster talents equipped for the demands of modern era. Aligned with this approach to talent development, JAJI leverages its expertise in the financial sector to provide SUFE with a comprehensive simulation trading platform tailored to the needs of finance majors. The platform enables students to simulate the real-world operations involving stocks, bonds, funds, foreign exchange, and other financial products. It supports multi-variety, multi-market, multi-account, multi-currency, and multi-combination trading, while offering unique teaching features such as class user management, organization and guidance of simulation competitions, among others.
Following the successful launch of the platform, SUFE has expressed high praise for its educational value. “The simulation trading platform can provide our students with a valuable opportunity to gain practical insights into real financial market operations, trading methods, and rules for various financial products. It will also enhance their trading skills, risk awareness, and establish a solid foundation for their future careers. In addition, it will serve as a significant education resource and tool for finance majors in universities,” said Fei Xie, a teacher at SUFE.
Mr. Oscar Yuan, General Manager of JAJI, said, “Finance is a highly complex field that demands stringent risk control measures. Professionals in the financial industry need to possess strong trading skills and risk awareness. Our collaboration with SUFE in providing the simulation trading platform marks an exciting venture, and we are eager to cooperate with universities to drive the promotion and advancement financial education. We are committed to contributing to the development of skilled talent for the financial industry and look forward to the opportunities ahead.”
