Quhuo Limited Announces Results of 2023 Annual General Meeting

Core Viewpoint - Quhuo Limited has successfully held its 2023 annual general meeting, where significant proposals were approved, including changes to share capital and voting power for Class B shares [1] Group 1: Shareholder Meeting Outcomes - The appointment of Marcum Asia CPAs LLP as the independent registered public accounting firm for the fiscal year ended December 31, 2023, was ratified [1] - The Company's authorized share capital was increased from US$50,000 to US$500,000, allowing for a total of 5,000,000,000 shares, which includes 3,000,000,000 Class A Ordinary Shares and 1,993,703,370 Undesignated Shares [1] - The voting power of Class B Ordinary Shares was increased from 15 votes to 480 votes for each share [1] - The Third Amended and Restated Memorandum and Articles of Association were approved and adopted, replacing the previous version [1] Group 2: Company Overview - Quhuo Limited is a leading gig economy platform in China, focusing on local life services [2] - The company utilizes its proprietary technology infrastructure, Quhuo+, to connect workers with service providers and offer comprehensive operational solutions [2] - Quhuo provides various tailored operational solutions, including on-demand delivery, mobility services, housekeeping, and accommodation, catering to the needs of millions of families [2] - The company aims to promote employment, stabilize income, and empower entrepreneurship, offering safety, security, and vocational training to workers [2]