Quhuo (QH) has released an update.
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Quhuo Limited has secured a credit facility agreement with Xiamen Bank, allowing access to working capital loans up to RMB 20 million. This move is backed by a guarantee from its subsidiary, Quhuo Information Technology, ensuring due payment of all obligations under the agreement. This financial maneuver highlights Quhuo’s strategic efforts to bolster its liquidity and operational capabilities.
For further insights into QH stock, check out TipRanks’ Stock Analysis page.
