Quhuo Limited announced a 1-for-30 reverse ADS split effective April 27, 2026, changing the ADS ratio from 1:900 to 1:27,000 Class A ordinary shares to proportionally increase the ADS trading price.
Key takeaways
ADS ratio changing from one ADS to 900 Class A ordinary shares to one ADS to 27,000 Class A ordinary shares.
Effective date: April 27, 2026 (U.S. Eastern Time).
Equivalent to one-for-30 reverse ADS split with no change to proportional equity interest.
ADS holders must surrender 30 existing ADSs for one new ADS; no fractional ADSs issued.
ADSs continue trading on OTC Market under symbol QHUOY with new CUSIP 74841Q407.
Trading price expected to increase proportionally, but no assurance of exact 30x multiple.