Qudian Inc. Announces Name and Ticker Change

Rhea-AI Summary

Qudian (NYSE: QD) announced a corporate name change to High Templar Tech Limited and a ticker change to HTT.

The board resolved the Name Change and shareholders approved it by special resolution at an extraordinary general meeting held on December 10, 2025. The company's American Depositary Shares (ADSs) are expected to begin trading under the new name and ticker at the opening of trading on December 22, 2025.

The ADSs continue to represent one Class A ordinary share, par value US$0.0001 per share; the change follows the previously announced Board resolution on November 12, 2025.

Key Figures

ADS ratio 1 ADS = 1 Class A ordinary share Capital structure description in name/ticker change release

Par value US$0.0001 per share Par value of each Class A ordinary share

EGM date December 10, 2025 Extraordinary general meeting approving the name change

Effective trading date December 22, 2025 Date ADSs expected to begin trading under ticker HTT

Market Reality Check

$3.97 Last Close

Volume Volume 531,064 vs 20-day average 305,601 (relative volume 1.74x) ahead of the announced name and ticker change. high

Technical Price at $3.97, trading above the 200-day moving average at $3.63 before the name and ticker change news.

Peers on Argus

Pre-news, QD was down 5.48% while key Credit Services peers were mixed: GDOT +1.07%, PRAA +4.94%, OPFI +1.99%, XYF -2.59%, LX -0.31%, suggesting a stock-specific move rather than a broad sector trend.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Nov 24	Earnings results	Positive	+10.3%	Q3 2025 results with strong net income and large cash balance.
Nov 12	Corporate action	Neutral	+4.5%	Board approval to pursue company name and ticker change and call EGM.
Sep 24	Board change	Neutral	-0.2%	Director resignation for personal reasons with minimal immediate business impact disclosed.
Aug 13	Earnings results	Positive	+5.4%	Q2 2025 results with higher net income, strong cash and active buybacks.

Pattern Detected

Recent news tied to financial results and corporate actions has often seen positive price reactions, especially around earnings and the earlier name/ticker proposal.

Recent Company History

Over the last few months, Qudian has focused on reshaping its business and capital structure. Q2 and Q3 2025 earnings highlighted sharply lower revenues but strong net income and substantial cash, alongside significant ADS repurchases. Corporate actions included the Board’s proposal on Nov 12, 2025 to change the English name and ticker, later approved at the Dec 10, 2025 EGM. Those prior announcements saw generally positive price reactions, providing context for today’s confirmation of the name and ticker transition.

Market Pulse Summary

This announcement confirms shareholder approval of Qudian’s change of name to High Templar Tech Limited and its new ticker, with ADSs expected to trade as HTT from December 22, 2025. The ADS structure and par value remain unchanged. In context of recent earnings, cash levels, and business wind-downs, this update mainly affects branding and listing identity, while operational and capital allocation metrics remain the key datapoints to monitor.

Key Terms

american depositary shares financial

"The Company's American Depositary Shares ("ADSs"), each representing one Class A..."

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

class a ordinary shares financial

"each representing one Class A ordinary shares, par value of US$0.0001 per share..."

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

par value financial

"Class A ordinary shares, par value of US$0.0001 per share, of the Company..."

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

special resolution regulatory

"the Company's shareholders approved the Name Change by a special resolution."

A special resolution is a formal shareholder vote that requires a higher-than-normal majority—typically around three-quarters—to approve major corporate changes, such as altering the company’s governing rules, selling the business, or winding it up. It matters to investors because it signals decisive, potentially value-altering actions that cannot be passed by a simple majority; think of it as needing extra votes to change the rules of a club, so minority interests are harder to override.

AI-generated analysis. Not financial advice.

XIAMEN, China, Dec. 11, 2025 /PRNewswire/ -- Qudian Inc. ("Qudian" or "the Company" or "We") (NYSE: QD), a consumer-oriented technology company in China, today announced the change of its name to "High Templar Tech Limited" and its ticker symbol to "HTT".

As previously announced by the Company on November 12, 2025, its board of directors (the "Board") resolved to (i) change the Company's name to "High Templar Tech Limited" (the "Name Change"), subject to shareholders' approval to be obtained at an extraordinary general meeting of shareholders (the "EGM"), and (ii) change the ticker symbol to "HTT". At the EGM held on December 10, 2025, the Company's shareholders approved the Name Change by a special resolution.

The Company's American Depositary Shares ("ADSs"), each representing one Class A ordinary shares, par value of US$0.0001 per share, of the Company, are currently listed on the New York Stock Exchange under the ticker symbol "QD". The Company's ADSs are expected to begin trading under the Company's new name, "High Templar Tech Limited", and its new ticker symbol, "HTT", effective at the opening of trading on December 22, 2025.

About Qudian Inc.

Qudian Inc. (to be renamed as High Templar Tech Limited) (NYSE: QD) (to be changed to HTT) is a consumer-oriented technology company. Qudian is exploring innovative business opportunities to satisfy consumers' demand by leveraging its technology capabilities. For more information, please visit http://ir.qudian.com.

For investor and media inquiries, please contact:

In China:
Qudian Inc.
Tel: +86-592-596-8208
E-mail: ir@qudian.com

View original content:https://www.prnewswire.com/news-releases/qudian-inc-announces-name-and-ticker-change-302638721.html

SOURCE Qudian Inc.

FAQ

When will Qudian (QD) start trading as High Templar Tech Limited (HTT)?

ADSs are expected to begin trading under the new name and ticker at the opening of trading on December 22, 2025.

What approval did Qudian receive for the name change to High Templar Tech Limited?

Shareholders approved the Name Change by special resolution at an extraordinary general meeting on December 10, 2025.

Will Qudian's American Depositary Shares (ADSs) change their share representation after the name change?

No; each ADS will continue to represent one Class A ordinary share, par value US$0.0001.

What was the board resolution date that initiated Qudian's name and ticker change?

The board resolved the Name Change and ticker change on November 12, 2025.

What is Qudian's current ticker and what will it change to?

The current NYSE ticker is QD and it will change to HTT when trading under the new name begins.

Do shareholders need to take action to see Qudian listed as HTT after December 22, 2025?

No shareholder action is required; the ADSs are expected to trade under the new name and ticker automatically at market open on December 22, 2025.