Quhuo (QH) has released an update.
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.
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