Welcome to our dedicated page for Quhuo SEC filings (Ticker: QH), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Quhuo Limited (NASDAQ: QH) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as furnished to the U.S. Securities and Exchange Commission. Quhuo files as a foreign private issuer and uses Form 20-F for annual reporting and Form 6-K for current reports, along with related registration statements and prospectus supplements referenced in its filings.
In its recent Form 6-K submissions, Quhuo has reported on a range of corporate and capital structure matters. These include the approval of a change in the ratio of its American Depositary Shares (ADSs) to Class A ordinary shares, which the company equates to a one-for-90 reverse ADS split effect for ADS holders, and the continued trading of ADSs on The Nasdaq Stock Market under the symbol QH. The filings also describe an at-the-market (ATM) offering program with AC Sunshine Securities LLC, under which Quhuo may offer and sell ADSs from time to time pursuant to an effective shelf registration statement on Form F-3.
Other filings document board and shareholder actions related to authorized share capital and voting structure. Quhuo has filed reports detailing the re-designation of authorized but unissued shares into Class A ordinary shares, the calling of an extraordinary general meeting (EGM), and the subsequent shareholder approval of an increase in authorized share capital, the creation of Class C ordinary shares with higher voting power, adoption of a Fourth Amended and Restated Memorandum and Articles of Association, and the issuance of Class C ordinary shares to LESYU Investments Limited. Voting results for these proposals are set out in the company’s Form 6-K.
Quhuo’s filings also incorporate by reference financial information such as unaudited condensed consolidated interim financial statements and management’s discussion and analysis for the six months ended June 30, 2025, as well as earnings releases for specified periods. These documents provide segment breakdowns for on-demand delivery solution services, mobility solution services, and housekeeping services, along with discussions of cost of revenues, general and administrative expenses, research and development expenses, and other financial metrics.
On Stock Titan, AI-powered tools can help summarize lengthy filings, highlight key changes in capital structure, and surface items such as ADS ratio changes, ATM program details, and shareholder voting outcomes. Users interested in Quhuo’s regulatory history can review Form 6-K reports on corporate actions, financing arrangements, and governance changes, alongside annual and shelf registration filings referenced in the company’s disclosures.
Quhuo Limited is changing the ratio of its American Depositary Shares (ADSs) to Class A ordinary shares from one ADS for 900 shares to one ADS for 27,000 shares. The company views this as having the same effect as a one-for-30 reverse ADS split, consolidating ADSs but not changing any holder’s proportional equity interest.
The change is anticipated to take effect on April 27, 2026 (U.S. Eastern Time). Each ADS holder of record on the effective date will surrender every 30 existing ADSs in exchange for one new ADS. No fractional ADSs will be issued; any aggregate fractional entitlements will be sold and the net cash proceeds distributed to entitled holders after fees, taxes, and expenses. Quhuo’s ADSs will continue to trade on the OTC Market under the symbol QHUOY with a new CUSIP number 74841Q407. The company states that the ADS trading price is expected to increase proportionally, though there is no assurance it will reach exactly 30 times the prior level.
Registration to resell up to 35,000,000 ADSs (each ADS = 900 Class A ordinary shares) representing 31,500,000,000 Class A ordinary shares is being registered on Form F-3 for resale by the identified Selling Shareholders.
The prospectus states the ADSs were issued under a Securities Purchase Agreement and were acquired in reliance on Regulation S; the Selling Shareholders will receive all net proceeds from resales and the company will not receive proceeds. The ADSs trade on the OTC under "QHUOY" after Nasdaq suspended trading and issued a delisting determination; an appeal has been requested. The document discloses VIE structure, cash‑flow mechanics between Cayman, Hong Kong and PRC entities, recent purchase agreements including an April 10, 2026 financing and a separate acquisition agreement with escrowed, performance‑based consideration, and historical revenues and net income/(loss) for 2023–2025.
Quhuo Limited entered into a definitive securities purchase agreement with certain purchasers to sell 31,500,000,000 Class A ordinary shares at US$0.0001 per share, for gross proceeds of about US$3.15 million before fees and expenses.
The company plans to file a Form F-3 registration statement to register the resale of American depositary shares, with each ADS representing 900 Class A ordinary shares. Closing is subject to customary conditions, and Quhuo intends to use the net proceeds for general corporate purposes.
Quhuo Limited entered a definitive share purchase and earn-out agreement to acquire Autolinker Limited, a Hong Kong company focused on automobile trading and related business integration. The deal is structured as an all-share transaction through Quhuo’s BVI subsidiary.
As consideration, Quhuo agreed to issue up to 22.5 billion newly issued Class A ordinary shares to the seller, to be held in escrow and released over five years based on audited revenue and profit performance targets. Any shares tied to unmet targets will be cancelled, while overperformance above 50% can offset prior shortfalls.
Quhuo Limited, a Cayman holding company for China-based operations run mainly through a variable interest entity, filed its annual 20‑F for 2025. Revenue was RMB2,525.9 million, but the company swung to a net loss of RMB150.5 million after two profitable years. Three major platform customers contributed 87% of 2025 revenue, underscoring high concentration risk. The filing details Quhuo’s VIE and PRC/Hong Kong licensing structure, cash‑flow constraints on moving funds offshore, and the ADS ratio change to one ADS for 900 Class A shares. It also addresses HFCAA and PCAOB inspection status, noting the current auditor is subject to PCAOB oversight.
Quhuo Limited reported weaker results for the second half and full year 2025, swinging from profit to loss. For the second half, revenue was RMB1,394.5 million (US$199.4 million), down 2.3% year over year, while net loss attributable to Quhuo reached RMB97.5 million (US$13.9 million) versus net income of RMB48.1 million a year earlier. Adjusted EBITDA moved from a profit of RMB43.8 million to a loss of RMB99.2 million.
For full year 2025, revenue declined 17.1% to RMB2,525.9 million (US$361.2 million). The company posted a net loss attributable to Quhuo of RMB150.5 million (US$21.5 million), compared with net income of RMB1.6 million in 2024, and adjusted EBITDA deteriorated from RMB9.1 million to a loss of RMB159.4 million (US$22.8 million). Management cited competitive pressure in on-demand delivery, higher general and administrative costs, and provisions for credit losses, while highlighting growth in housekeeping and accommodation services, improving profitability in cross-border used vehicle exports, and increased use of AI to enhance efficiency. As of December 31, 2025, Quhuo held cash, cash equivalents and restricted cash of RMB40.0 million (US$5.7 million) against short-term debt of RMB113.4 million (US$16.2 million).
Quhuo Limited has received a Nasdaq Staff Delisting Determination after the closing bid price of its American depositary shares stayed at $0.10 or below for 10 consecutive trading days through March 25, 2026. Nasdaq plans to suspend trading of the ADSs at the opening of business on April 6, 2026.
The company currently intends to appeal the delisting decision to the Nasdaq Hearings Panel and must submit its hearing request by 4:00 p.m. Eastern Time on April 6, 2026. A timely appeal will not prevent the trading suspension, and there is no assurance the appeal or any further review will succeed.
QUHUO Ltd director Li Jingchuan has filed an initial Form 3, which is a required statement of beneficial ownership for new insiders. This filing lists him as a director but does not report any stock transactions or specific share holdings at this time.
QUHUO Ltd director and CFO Ba Zhen has filed an initial Form 3 reporting his beneficial ownership in the company. The filing shows indirect ownership of 2,363,030 Class A Ordinary Shares, held through BZB Investment Limited, a BVI company wholly owned by him. This form records existing holdings rather than any new share purchase or sale.
Quhuo Ltd Chief Executive Officer Leslie Yu filed an initial statement of beneficial ownership. He directly holds American Depositary Shares representing 1,458,000 Class A ordinary shares. He also has indirect ownership, through LESYU Investments Limited, of 6,296,630 Class B ordinary shares and 100,000,000 Class C ordinary shares.
Each American Depositary Share represents 900 Class A ordinary shares. Each Class B ordinary share is convertible into one Class A ordinary share and carries voting power equivalent to 480 Class A shares. Each Class C ordinary share is not convertible but also carries voting power equivalent to 480 Class A shares.