Welcome to our dedicated page for Qudian news (Ticker: QD), a resource for investors and traders seeking the latest updates and insights on Qudian stock.
The Qudian Inc. (NYSE: QD) news page on Stock Titan aggregates company announcements and media releases for investors who want to understand the historical narrative behind this consumer-oriented technology company in China. Qudian’s news flow provides insight into its business transition from historical consumer credit solutions to experimentation with last-mile delivery services and other technology-enabled opportunities.
Recent news items highlight several key themes. Earnings releases for 2024 and 2025 detail how revenues, operating costs, and net income have been affected by the development and subsequent wind-down of Qudian’s last-mile delivery business under the "Fast Horse" brand, as well as by interest and investment income and gains or losses on derivative instruments. These reports also describe the company’s emphasis on prudent cash management, including disclosures about cash, restricted cash, short-term investments, and short-term borrowings.
Corporate governance and capital allocation updates are another important component of Qudian’s news. The company has announced a multi-year share repurchase program for its ADSs, periodic progress on that program, changes in its independent registered public accounting firm, and changes to its board of directors. In addition, Qudian has issued news about filing its annual report on Form 20-F with the SEC, which contains audited consolidated financial statements.
A notable strand in the news record is Qudian’s decision to change its English name to "High Templar Tech Limited" and its ticker symbol from QD to HTT, following board resolutions and shareholder approval at an extraordinary general meeting. For readers tracking the evolution of the QD ticker, this news page serves as a historical archive of Qudian’s financial results, strategic decisions, and corporate rebranding steps. Investors can use this context to better understand how the company has repositioned itself over time.
Qudian Inc. (NYSE: QD) will hold its 2020 annual general meeting (AGM) on December 30, 2020, at 11:00 AM Beijing time, in Xiamen, Fujian Province, China. The AGM will not include shareholder proposals but will serve as a forum for discussions between shareholders and management. The record date for shareholders entitled to attend is December 6, 2020. Shareholders can access the meeting notice and the company’s annual report on Form 20-F for the fiscal year ending December 31, 2019, on Qudian's website.
On September 23, 2020, Qudian Inc. (NYSE: QD) announced the resignation of Mr. Rocky Ta-Chen Lee from its board of directors for personal reasons. His resignation took effect immediately. Qudian expressed gratitude for Mr. Lee's contributions during his tenure. As a leading technology platform in China, Qudian aims to enhance the online consumer finance experience by providing personalized credit solutions to underserved mobile-active consumers, enabling them to access affordable loans through regulated financial institutions.
Qudian Inc. reported its unaudited financial results for Q2 2020, revealing total revenues of RMB1,167.0 million, down 47.4% year-over-year. Net income fell 84.3% to RMB179.2 million, translating to RMB0.68 per diluted ADS. The company recorded a 12.5% decrease in outstanding borrowers, totaling 5.0 million, and a significant drop in loan balances. Despite a strategic investment in Secoo, operational challenges persist due to tightened credit assessments. Qudian's cautious approach aims to mitigate credit risks amid a challenging market environment.
Qudian Inc. (NYSE: QD) will announce its unaudited financial results for Q2 2020 on September 7, 2020. The earnings conference call is scheduled for 7:00 AM ET, with registration required at least 15 minutes prior. This call will provide insights into Qudian’s financial performance and future outlook, targeting the enhancement of online consumer finance in China. The company aims to offer accessible credit to underserved consumers in China.