CLPS Inc current report, Q1 FY2021

CLPS Inc. Form 6-K Summary

Business Context and Reporting Period

This Form 6-K reports on the Annual Meeting of Shareholders held by CLPS Inc. on March 23, 2021, in Hong Kong SAR. The record date for the meeting was February 9, 2021, with 16,345,053 shares outstanding and entitled to vote.

Key Financial Metrics

The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance events.

Material Changes

No material financial changes versus the prior comparable period are disclosed in this filing.

Corporate Actions and Governance

Shareholders approved the following proposals at the Annual Meeting:

  • Election of Directors: Xiao Feng Yang, Raymond Ming Hui Lin, Zhaohui Feng, Chong Seng Kee, and Jin He Shao were elected.
  • Auditor Ratification: Ernst & Young Hua Ming LLP was ratified as the independent auditor for the fiscal year ending June 30, 2021.

Voting Results:

Proposal For Withheld/Against Abstain
Election of Directors (Aggregate) Varied by candidate (approx. 8.07M to 8.25M) Varied by candidate (2,500 to 187,426) N/A
Ratification of Auditors 8,253,144 3,000 0

Investor Verification Checklist

  • Verify the full slate of elected directors and their biographies in the company's proxy statement.
  • Confirm the specific vote count for director Zhaohui Feng, which had a significantly higher number of withheld votes (187,426) compared to other candidates.
  • Review the upcoming 20-F annual report for the fiscal year ending June 30, 2021, for financial performance data not included in this filing.