Quhuo Limited Announces Extraordinary General Meeting for Shareholder Proposals in October 2025

Quhuo Limited Plans Extraordinary General Meeting

Quhuo Limited, a prominent player in the gig economy landscape of China, officially declared its upcoming extraordinary general meeting (EGM) scheduled for October 8, 2025. This meeting will be significant for shareholders as various crucial proposals will be presented for their approval. To be held in Beijing, this session highlights the Company's ongoing commitment to transparency and shareholder engagement.

Details of the Extraordinary General Meeting

The EGM will take place at 10:00 AM Beijing time at the Company’s headquarters located in Chaoyang District, Beijing. For shareholders in different time zones, this translates to October 7, 2025, at 10:00 PM Eastern Time. The record date for the EGM has been set to September 5, 2025, which means shareholders of record as of this date will be entitled to participate in discussions and votes during the meeting.

Proposed Resolutions for Approval

Several key resolutions are set to be evaluated during the EGM, which include:

1. Increase in Authorized Share Capital: The Company is proposing an adjustment to its authorized share capital from US$500,000, originally made up of 5,000,000,000 shares, to an extensive US$10,000,000 encompassing 100,000,000,000 shares. This proposal includes the creation of an extra 75,006,296,630 Class A ordinary shares and 19,993,703,370 un-designated shares.

2. Creation of Class C Shares: A special resolution is proposed to introduce a new class of shares, referred to as Class C ordinary shares. This will be achieved by re-designating 500,000,000 un-issued classified shares, giving each Class C share a voting power equivalent to 480 Class A shares.

3. Amendment to Articles of Association: Following the resolutions above, there will be a proposal to amend and restate the Company’s existing Memorandum and Articles of Association. This update will accommodate the changes related to the authorized share capital and the introduction of Class C shares.

4. Issuance of Shares: Subject to the approval of the aforementioned proposals, a special resolution will tackle the issuance of 100,000,000 Class C ordinary shares to LESYU Investments Limited. This company is under the ownership of Leslie Yu, the Chairman and CEO of Quhuo Limited.

Importance of the Meeting

The forthcoming EGM not only represents a vital opportunity for shareholders to influence the strategic direction of Quhuo but also underscores the Company's commitment to enhancing its capital structure. By increasing the authorized share capital and introducing Class C shares with significant voting power, Quhuo is poised to fortify its influence in the competitive gig economy sector.

Quhuo's management emphasizes that the proposed changes are strategic moves aimed at fostering growth and expanding operational capabilities. This will also align with the Company's vision to provide enhanced community-centered services in China.

With hundreds of millions of families relying on Quhuo’s various services, these impending decisions at the EGM could potentially impact not only shareholders but also drive substantial industry advancement. As the meeting date approaches, shareholders are encouraged to stay informed and prepare to make their voices heard.

For more information on Quhuo and its strategic initiatives, please visit Quhuo’s official website.

This article illustrates Quhuo Limited's evolving business strategies while highlighting the importance of active participation from its shareholders in shaping the future of the Company.