Yucheng Technologies reports contract wins with China Construction Bank
Yucheng Technologies Ltd. (Nasdaq: YTEC), a local IT and outsourced service provider to the Chinese banking industry, this morning reported contract wins with China Construction Bank (CCB), to provide credit asset and non-performing asset management and monitoring services.
The contact, which amounts to $1.5 million, further extends Yucheng’s relationship with CCB, as the company has established working relationships in the past with China Construction Bank in the areas of online banking, call center and risk management.
Shares of Yucheng Technologies (YTEC) gained $0.88, or 5.76%, to $16.15 ahead of the opening bell. Shares of Yucheng Technologies have been trading in the range of $5.38 to $18.01 for the past 52 weeks.
