BEIJING, Jan. 17,
2024 /PRNewswire/ -- Quhuo Limited
("Quhuo" or the "Company") (NASDAQ: QH), a leading
gig economy platform focusing on local life services in
China, today announced that it
will hold its 2023 annual general meeting of shareholders at 3rd
Floor, Block A, Tonghui Building, No. 1132 Huihe South Street,
Chaoyang District, Beijing 100020,
The People's Republic of China on
February 19, 2024, at 10:00 a.m. (local time).
The proposals to be submitted for shareholders' approval at the
annual general meeting include (1) by way of an ordinary
resolution, the ratification of the appointment of Marcum Asia CPAs
LLP as the independent registered public accounting firm for the
fiscal year ended December 31, 2023;
(2) by way of an ordinary resolution, the increase of the Company's
authorized share capital from US$50,000 divided into 500,000,000 shares
comprising of (i) 300,000,000 Class A ordinary shares of a par
value of US$0.0001 each ("Class A
Ordinary Shares"), (ii) 6,296,630 shares as Class B ordinary
shares of a par value of US$0.0001
each ("Class B Ordinary Shares"), and (iii) 193,703,370
shares of such class (or classes) as the board of directors of the
Company (the "Board") may determine in accordance with the
Company's memorandum and articles of association (the
"Undesignated Shares") to US$500,000 divided into 5,000,000,000 shares
comprising of (i) 3,000,000,000 Class A Ordinary Shares, (ii)
6,296,630 Class B Ordinary Shares, and (iii) 1,993,703,370
Undesignated Shares, by the creation of 2,700,000,000 Class A
Ordinary Shares and 1,800,000,000 Undesignated Shares; (3) by way
of a special resolution, the variation and increase of
the voting power of the Class B Ordinary Shares such that each
Class B Ordinary Share shall entitle the holder thereof to four
hundred and eighty (480) votes on all matters subject to vote
at general meetings of the Company; and (4) by way of a special
resolution, the approval and adoption of the Third Amended and
Restated Memorandum and Articles of Association with immediate
effect in substitution for and to the exclusion of the Second
Amended and Restated Memorandum and Articles of Association of the
Company currently in effect.
The Board has fixed January 16,
2024 as the record date (the "Record Date") for
determining the shareholders entitled to receive notice of, attend
and vote at the annual general meeting or any adjournment or
postponement thereof. Holders of record of the Company's ordinary
shares at the close of business on the Record Date are entitled to
attend and vote at the annual general meeting and any adjournment
or postponement thereof in person. The Form of Proxy and the
accompanying AGM Notice are first being mailed to the shareholders
of the Company on or about January 24,
2024.
About Quhuo
Quhuo Limited (NASDAQ: QH) is a leading economy platform
focusing on local life services in China. Leveraging Quhuo+, its
proprietary technology infrastructure, Quhuo is dedicated to
empowering and linking workers and local life service providers and
providing end-to-end operation solutions for the life service
market. The Company currently provides multiple industry-tailored
operational solutions, primarily including on-demand delivery
solutions, mobility service solutions, housekeeping and
accommodation solutions, and other services, meeting the living
needs of hundreds of millions of families in the communities.
With the vision of promoting employment, stabilizing income and
empowering entrepreneurship, Quhuo explores multiple scenarios to
promote employment of workers, provides, among others, safety and
security and vocational training to protect workers, and helps
workers plan their career development paths to realize their
self-worth.
For more information about Quhuo, please visit
https://ir.quhuo.cn/.
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SOURCE Quhuo