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Pro-Trader Daily: Featured Company News - Cleantech Solutions International and Inspirit Studio Enter an Exclusivity Agreement

LONDON, UK / ACCESSWIRE / October 11, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for Cleantech Solutions International, Inc. (NASDAQ: CLNT), following which we have published a free report that can be viewed by signing up at http://protraderdaily.com/optin/'symbol=CLNT. Sharing Economy Investment Limited ("SEI"), a wholly owned subsidiary of Cleantech Solutions International ("Cleantech" or "the Company"), announced on October 09, 2017, the signing of an Exclusivity Agreement with Inspirit Studio. The agreement is about a potential acquisition by SEI of up to 51% of Inspirit Studio. For immediate access to our complimentary reports, including today's coverage, register for free now at:

http://protraderdaily.com/register/

At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on CLNT. Go directly to your stock of interest and access today's free coverage at:

http://protraderdaily.com/optin/'symbol=CLNT

Inspirit Studio is a mobile app development company which has developed a sharing economy mobile platform called Anyway. It allows people to work as freelance couriers during their hours of commuting and earn money based on it. It connects senders and wiling couriers freelancing to deliver parcels and letters across the length and breadth of the city in a low cost and quick delivery model. As CEO of Anyway explains that the service is meant to fill the gap in the existing courier service to have people in close proximity to the service area and senders be able to offer their services with no limitation of service and business hours. In a five-month pilot across Hong Kong, the company has successfully transacted 6,000 deliveries with 2,000 couriers having signed up.

COO of Cleantech Solutions, Parkson Yip, sees this app as part of the bridging of economy platforms that the Company is involved in. The Company hopes to expand the capabilities of the app and make it globally available. The news has been positively received by the market and on the morning of the announcement, the Company's shares were crossing the yearly highs at a six-month high of $7.93.

Peer-to-peer Applications

China has seen a surge of peer-to-peer applications such as lending, cryptocurrency transactions, and various other ecommerce platforms have developed their own ecosystem. Except in a few cases of lending and cryptocurrency where the government is coming with tough regulations, these companies are receiving support from the usually tough Chinese government. In 2016, the market reached a turnover of $63.2 billion and hopes to reach $492 billion in two years, as per investment bank GP Bullhound.

About the Company

The Company is primarily a world-class manufacturing company with operations in China focused on technological needs of the clean energy industry. The Company has expanded servicing specific industrial sectors with specialized needs including the wind energy manufacturing sector and the dyeing and finishing equipment needs of the textile industry. It has ventured into new business initiatives focused on technology and global sharing economy markets by developing online platforms and rental business partnerships to drive the global expansion of sharing through economical rental business models.

About Inspirit Studios

Inspirit Studio is a mobile app platform developer providing instant errand services in peer to peer model. Its vision is to create an innovative consumption pattern and improve life quality by effectively reallocating idle resources in communities. Income is mainly generated from commission charged on each errand service transaction. Moreover, the Company will diversify its revenue stream by introducing advertising business and big data analytic. The upcoming mission is to expand its errand network, continuously optimize its business model, integrate into the ecosystem of the Group and join into a global network.

Last Close Stock Review

Cleantech Solutions' share price finished yesterday's trading session at $4.90, tumbling 24.85%. A total volume of 1.07 million shares have exchanged hands, which was higher than the 3-month average volume of 307.14 thousand shares. The Company's stock price soared 47.15% in the past one month, 11.62% in the last three months and 25.00% in the previous twelve months. Additionally, the stock skyrocketed 85.61% since the start of the year. The stock currently has a market cap of $9.65 million.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.

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The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charter holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

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PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

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This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.

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SOURCE: Pro-Trader Daily

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