Recent Updates — QH

An affiliated entity of Quhuo Limited entered into a credit facility agreement with Xiamen Bank Co. Ltd., Beijing Branch, dated October 28, 2026. The lender agreed to provide working capital loans up to RMB10 million. A wholly owned subsidiary has guaranteed the payment obligations under this facility. Quhuo Limited operates in the technology sector.

Effective October 27, 2026, Quhuo Limited appointed Qishu Wang as Chief Financial Officer and a member of its Board of Directors. Ms. Wang previously served in investor relations and capital markets roles since May 2022. Concurrently, Zhen Ba ceased to be CFO but remains on the Board, while Shan Li departed both her directorship and role as Chief Human Resources Officer. Quhuo Limited operates in the digital entertainment industry.

Quhuo Limited is terminating its American Depositary Receipt program and listing its Class A ordinary shares directly on Nasdaq under the symbol "QH" effective July 17, 2026. As part of this transition, the company is implementing a share consolidation of 32,000 ordinary shares into one new ordinary share. Quhuo Limited is a China-based company providing technology-related services or products in the technology sector.

On July 8, 2026, Ms. Jie Jiao and Mr. Jingchuan Li both ceased to be independent directors of Quhuo Limited. Effective July 9, 2026, the Board appointed Mr. King Fui Lee and Mr. Ke Zhang as new independent directors. Quhuo Limited is a Beijing-based company that operates in the technology and corporate administration sectors.

Quhuo Limited held an extraordinary general meeting on July 6, 2026, where shareholders approved all presented resolutions. This follows a previous approval on March 11, 2026, to terminate the company's American Depositary Receipt (ADR) program and directly list its Class A ordinary shares on The Nasdaq Stock Market LLC. The ADR termination and direct listing are intended to occur on the same date. The company operates in the financial information services industry, providing data and analytics tools.

Quhuo Limited announced an Extraordinary General Meeting of Shareholders scheduled for July 6, 2026, at 10:00 p.m. Eastern Time in Beijing, China. The company provided proxy and voting cards for shareholders and ADS holders in connection with this meeting. Quhuo Limited is a company incorporated in the Cayman Islands.