Quhuo Limited Extraordinary General Meeting of Shareholders

Quhuo Limited is holding an Extraordinary General Meeting (EGM) on July 6, 2026, to vote on several key proposals. These include the revocation of previous resolutions concerning share consolidation, capital changes, and potential future consolidations. The primary proposals involve a 32,000-to-1 share consolidation to enhance share price, a significant increase in authorized share capital to US$3.84 billion, followed by a capital reduction that changes the par value of shares to US$0.0001, and a provision for potential future share consolidations at the board's discretion. These changes are intended to improve the marketability and liquidity of the company's Class A ordinary shares, particularly in conjunction with the termination of its ADR program and direct listing on Nasdaq. The board of directors recommends voting in favor of these proposals.