Quhuo Limited Changes Auditors to Guangdong Prouden CPAs

Quhuo ( (QH) ) has issued an update.

On June 5, 2025, Quhuo Limited, a Cayman Islands exempted company, announced a change in its independent registered public accounting firm. The company’s audit committee dismissed Marcum Asia CPAs LLP and appointed Guangdong Prouden CPAs GP as the new auditor. The change in auditors did not stem from any disagreements on accounting principles or practices, financial statement disclosures, or auditing scope or procedures. This strategic move may impact Quhuo’s financial reporting processes and could influence stakeholder confidence in the company’s financial transparency.

Spark’s Take on QH Stock

According to Spark, TipRanks’ AI Analyst, QH is a Underperform.

Quhuo’s overall stock score is primarily influenced by its weak financial performance and valuation. The company’s declining revenues, negative cash flow, and unprofitability are significant concerns. Additionally, the technical analysis indicates bearish market sentiment, further weighing down the stock’s prospects.

To see Spark’s full report on QH stock, click here.

More about Quhuo

Average Trading Volume: 23,566

Technical Sentiment Signal: Sell

Current Market Cap: $102.3M

See more insights into QH stock on TipRanks’ Stock Analysis page.