BEIJING, Oct. 6, 2025 /PRNewswire/ — Quhuo Limited (NASDAQ: QH) (“Quhuo” or the “Company”), a leading gig economy platform focusing on local community-centered services in China, today announced that its subsidiary, Lailai Information Technology (Shenzhen) Co., Ltd. (“Lailai”), specializing in hotel and home services, has entered into a collaboration with the “Better Life No.1 Collective Fund Trust Plan” managed by China Foreign Economy and Trade Trust Co., Ltd. (“FOTIC”), a Chinese trust company, by providing housing upgrades and end-to-end asset management for the underlying properties, aiming to support the growth of high-quality rental services.

Quhuo expects that this project will generate over RMB 10 million in additional monthly revenue for Lailai by the end of 2025, adding new growth momentum to Quhuo’s overall performance.

In recent years, the long-term rental apartment market has faced an oversupply of homogeneous products and intensifying competition. The industry has gradually shifted from the early stage of rapid expansion to a phase of “refined operations.” In response to this trend, Lailai has adopted a standardized and digitalized management system, aiming to deliver tailored upgrades and services for rental properties and enhance both living quality and overall competitiveness. This collaboration is being supported by FOTIC. Through its “Better Life No.1 Collective Fund Trust Plan,” FOTIC provides a sustainable mechanism to advance standardized and large-scale development focused on the housing rental sector.

In this project, Lailai, as an asset manager, not only oversees end-to-end rental property management but also plays a critical role in improving housing quality. Its services cover regular cleaning, facility maintenance, property upgrades, and ongoing operations, ensuring rental units remain in good conditions. Lailai also focuses on enhancing landlord returns and improving tenant experience and aims to transform more properties into high-quality long-term rentals, which help landlords secure more stable, attractive returns while providing tenants with a more comfortable and satisfying living experience.

Lailai leverages its refined operational expertise and digital capabilities in the local life services sector to ensure efficiency and service quality. Through its self-developed digital dispatch and task-splitting system, workflows are broken into standardized work packages with real-time visibility and clear accountability. In funding and settlement, Lailai’s direct payment mechanism links work orders, labor hours, and compensation in real time, ensuring payments go directly to workers. This approach reduces intermediaries, prevents wage arrears, motivates workers, and supports on-time, high-quality service delivery across the full property life cycle.

The collaboration aims to establish a “Growth System for Service Providers” and promote the “High-Quality Housing” standard in the rental market. For the industry, such standardized asset management helps enhance property value and returns; for Lailai, this project expands its business from cleaning and home services to renovation and asset management; and for tenants, this  project aims to provide a higher-quality and more transparent rental experience.

Haizhou Luo, Head of Lailai, said, “Through our asset management services, we aim to extend our standardized and digital capabilities into the rental process, creating win-win value for landlords, tenants, and service providers.”

Leslie Yu, CEO of Quhuo, stated, “With FOTIC’s strong support, we believe Quhuo’s expansion in local life services is firmly backed. Lailai’s exploration in asset management will deliver more efficient rental services and open new opportunities for Quhuo’s diversified growth.”

About Quhuo Limited

Quhuo Limited (NASDAQ: QH) (“Quhuo” or the “Company”) is a leading gig economy platform focusing on local life services in China. Leveraging Quhuo+, its proprietary technology infrastructure, Quhuo is dedicated to empowering and linking workers and local life service providers and providing end-to-end operation solutions for the life service market. The Company currently provides multiple industry-tailored operational solutions, primarily including on-demand delivery solutions, mobility service solutions, housekeeping and accommodation solutions, and other services, meeting the living needs of hundreds of millions of families in the communities.

With the vision of promoting employment, stabilizing income and empowering entrepreneurship, Quhuo explores multiple scenarios to promote employment of workers, provides, among others, safety and security and vocational training to protect workers, and helps workers plan their career development paths to realize their self-worth.

Safe Harbor Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical or current fact included in this press release are forward-looking statements, including but not limited to statements regarding Quhuo’s business development, financial outlook, beliefs and expectations. Forward-looking statements include statements containing words such as “expect,” “anticipate,” “believe,” “project,” “will” and similar expressions intended to identify forward-looking statements. These forward-looking statements are based on Quhuo’s current expectations and involve risks and uncertainties. Quhuo’s actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation, risks and uncertainties related to Quhuo’s abilities to (1) manage its growth and expand its operations, (2) address any or all of the risks and challenges in the future in light of its limited operating history and evolving business portfolios, (3) establish in its competitive position in the life service market or further diversify its solution offerings and customer portfolio, (4) maintain relationships with major customers and to find replacement customers on commercially desirable terms or in a timely manner or at all, (5) maintain relationships with existing industry customers or attract new customers, (6) attract, retain and manage workers on its platform, and (7) maintain its market shares in relation to competitors in existing markets and its success in expansion into new markets. Other risks and uncertainties are included under the caption “Risk Factors” and elsewhere in the Company’s filings with the Securities and Exchange Commission, including, without limitation, the Company’s latest annual report on Form 20-F. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement, and Quhuo undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date hereof.

SHANGHAI, Oct. 6, 2025 /PRNewswire/ — Boqii Holding Limited (“Boqii” or the “Company“) (NYSE American: BQ), a leading pet-focused platform in China, announced today that the Company had become aware of unusual trading activity in its Class A ordinary shares on the NYSE American LLC (the “NYSE American“) on September 29 and October 2, 2025. The Company is issuing this press release pursuant to Section 401(d) of the NYSE American Company Guide. Following appropriate internal review and consultation, the Company confirms that it is not aware of any material developments in its business or affairs beyond those previously disclosed publicly.  Investors should rely solely on the Company’s official filings and press releases for any developments.

About Boqii Holding Limited

Boqii Holding Limited (NYSE American: BQ) is a leading pet-focused platform in China. Boqii is the leading online destination for pet products and supplies in China with its broad selection of high-quality products including global leading brands, local emerging brands, and its own private label, Yoken and Mocare, offered at competitive prices. Boqii’s online sales platforms, including Boqii Mall and its flagship stores on third-party e-commerce platforms, provide customers with convenient access to a wide selection of high-quality pet products and an engaging and personalized shopping experience. The Boqii Community provides an informative and interactive content platform for users to share their knowledge and love for pets.

Forward-looking Statements

This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements give the Company’s current expectations, opinion, belief or forecasts of future events and performance. A statement identified by the use of forward-looking words including “will,” “may,” “expects,” “projects,” “anticipates,” “plans,” “believes,” “estimate,” “should,” and certain of the other foregoing statements may be deemed forward-looking statements. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including market and other conditions. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC“). Investors and security holders are urged to read these documents free of charge on the SEC’s web site at http://www.sec.gov. The Company undertakes no obligation to update any such forward-looking statements after the date hereof to conform to actual results or changes in expectations, except as required by law.

For investor inquiries, please contact:

Boqii Holding Limited
Investor Relations
Tel: +86-21-6882-6051
Email: ir@boqii.com

LONDON, Oct. 6, 2025 /PRNewswire/ — OTCX, a leading regulated fintech transforming the way OTC derivatives are traded, today announced a multi-year partnership with Aladdin®, BlackRock’s technology platform that unifies the investment management process. This collaboration will digitise dealer-to-client “voice” derivative trading and increase the set of options clients have to trade derivatives electronically.

The partnership aims to address the heavy reliance on manual, voice-based workflows in complex derivatives – a long-standing industry challenge – and provide more choice in electronic trading alternatives for more vanilla derivatives. By integrating OTCX’s execution venues into the Aladdin platform ecosystem, the collaboration will provide Aladdin clients with more efficient, transparent, and cost-effective ways to discover prices, manage risk, and execute trades across a broad set of OTC derivatives.

Through this integration, Aladdin clients will benefit from end-to-end workflow support – from price discovery and request-for-market to execution and post-trade processing. The integration will provide connectivity across a comprehensive set of OTC derivatives.

“Integrating with the Aladdin platform is a pivotal step for OTCX and for the OTC derivatives market as a whole,” said Nicolas Koechlin, CEO of OTCX. “Our goal is to give market participants more choice, lower costs, and more efficient workflows in markets that have historically been complex and fragmented. Together with BlackRock Aladdin, we are excited to accelerate the industry’s shift from manual voice trading to seamless digital execution, delivering transformative value for buy-side firms and dealers globally.”

About OTCX

OTCX is a leading provider of price discovery and execution for OTC derivatives, operating regulated execution venues that connect buy-side and sell-side participants. Leveraging deep expertise in cleared and uncleared derivatives, OTCX delivers innovative solutions that digitise complex workflows, enhance transparency, and create greater choice for market participants across the globe.

For more information, visit OTCX website.

New integration unlocks greater efficiency for BlackRock’s trading team, realizing over $1 billion in trading volume in the first week of implementation

NEW YORK, Oct. 6, 2025 /PRNewswire/ — Talos, the premier provider of institutional technology and data for digital asset trading and portfolio management, today announced the integration of its order and execution management system (OEMS) with Aladdin^®, BlackRock’s technology platform that unifies the investment management process. Together, Talos and BlackRock’s Aladdin will unlock operational improvements within cryptoasset order management, driving greater efficiency and resiliency across the investment management ecosystem.

This integration allows BlackRock traders to route cryptoasset orders directly to the Talos OEMS, enabling them to access Talos’s suite of advanced algorithms, smart order routing, expansive market connectivity and post-trade reporting. Order and execution information flows seamlessly between the two platforms, enabling traders to manage workflows in real time.

“Digital assets are a growing part of the investment landscape, and we’re building the infrastructure to keep pace with investor interest and demand,” said Dan Veiner, Head of Markets at BlackRock. “Integrating Talos into Whole Portfolio applications on the Aladdin platform enables us to expand and further automate our crypto trading capabilities. Talos’s crypto-native technology strengthens our execution capabilities now, ensuring we’re ready to meet future client demand with greater efficiency, liquidity access, and execution quality.”

The addition of Talos’s trading technology adds advanced institutional tools, and offers enhanced access within Talos’s network, including centralized exchanges and decentralized (DeFi) protocols, as well as over-the-counter (OTC) dealers, an important source of digital asset liquidity for institutions.

The connection supports multiple execution strategies. Traders can run algorithmic strategies such as volume-weighted average price (VWAP) and time-weighted average price (TWAP). They can also leverage request-for-quote (RFQ) workflows, which allow competitive pricing from multiple OTC dealers. Talos’s RFQ functionality, built explicitly for BlackRock’s crypto ETP create/redeem process, is important for sourcing institutional liquidity at scale. The same RFQ process can now be used more broadly for trading of digital assets.

“Connecting the Aladdin platform with Talos is a direct reflection of the state of institutional adoption of digital assets,” said Anton Katz, CEO and Co-Founder of Talos. “Through this integration, we’re excited to expand access for institutions at a time of unprecedented interest in digital assets. As large, traditional firms move from exploration to execution on their digital asset strategies, they expect the same level of sophistication they’re accustomed to in traditional markets. Through this integration, BlackRock can now access that standard directly within their existing workflows.”

This partnership lays the foundation for potential future enhancements. Talos provides a fully integrated trading and portfolio management system for digital assets, including portfolio construction and optimization tools.

About Talos

Talos provides institutional-grade technology and data that supports the full digital asset investment lifecycle, including liquidity sourcing, price discovery, trading, settlement and portfolio management. Engineered by a team with unmatched experience building institutional trading, portfolio and data systems, the Talos platform connects institutions to key providers in the digital asset ecosystem – exchanges, OTC desks, prime brokers, lenders, custodians, and more – through a single interface. For additional information, visit www.talos.com.

Talos Disclaimer: Talos offers software-as-a-service products that provide connectivity tools for institutional clients. Talos does not provide clients with any pre-negotiated arrangements with liquidity providers or other parties. Clients are required to independently negotiate arrangements with liquidity providers and other parties bilaterally. Talos is not party to any of these arrangements. Services and venues may not be available in all jurisdictions.

About BlackRock Aladdin^®

Aladdin^® is a tech platform that unifies the investment management process by providing a common data language within an organization to enable scale, provide insights, and support business transformation.

As a strategic technology provider to institutional investors including asset managers, pension funds, insurers, and corporate treasurers, Aladdin® combines sophisticated risk analytics with comprehensive portfolio management, trading workflows, operations, and accounting tools on a single, unified platform. BlackRock’s Aladdin^® platform is a financial technology platform designed for institutional use only and is not intended for end investor use.

Media Contact

media@talos.com