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Real Estate
Loan & DebtOct 28, 2026, 07:01 AM

Quhuo Technology Secures RMB 10 Million Credit Facility from Xiamen Bank

AI Summary

Quhuo Limited announced that its affiliated entity, Quhuo Technology, has entered into a credit facility agreement with Xiamen Bank Co. Ltd., Beijing Branch. The agreement allows for working capital loans up to a maximum of RMB 10 million. Additionally, Quhuo Information Technology, a wholly owned subsidiary, has provided a guarantee for the due payment of outstanding amounts under the credit agreement.

Key Highlights

  • Quhuo Limited's affiliated entity, Quhuo Technology, secured a credit facility of up to RMB 10 million.
  • The credit facility is for working capital loans provided by Xiamen Bank Co. Ltd., Beijing Branch.
  • Quhuo Information Technology, a wholly owned subsidiary, provided a guarantee for the credit facility.