Quhuo Limited Expands Share Capital and Restructures Voting Power
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Quhuo Limited (QH) held an extraordinary general meeting on October 8, 2025, where shareholders approved an increase in authorized share capital and the creation of Class C Ordinary Shares, enhancing CEO Leslie Yu's voting power to 98.06%. This restructuring may influence the company's governance and strategic direction. Analysts rate QH stock as a Hold with an $8.00 price target, while Spark's AI Analyst considers it Neutral, citing financial challenges and bearish momentum despite potential undervaluation. Quhuo operates in the service industry, focusing on workforce solutions in on-demand delivery and ride-hailing.
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