Quhuo Limited Receives Nasdaq Delisting Determination

Quhuo Limited received a Staff Delisting Determination Letter from Nasdaq on March 27, 2026, due to its American depositary shares (ADSs) closing bid price remaining at $0.10 or below for 10 consecutive trading days. Trading suspension is set for April 6, 2026. The company intends to appeal this determination to the Nasdaq Hearings Panel, with a hearing request deadline of April 6, 2026. However, a timely request will not prevent the trading suspension. There is no assurance that the appeal will be successful. Quhuo Limited is a leading gig economy platform in China focusing on local life services, providing various operational solutions. The company is incorporated in the Cayman Islands and listed on the Nasdaq Global Market.