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Quhuo's Hotel and Home Services Sector Collaborates with Trust Plan to Explore Industry-Finance Synergies and Enhance Long-Term Rental Property Value

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Quhuo (NASDAQ: QH) said its hotel and home services unit Lailai is collaborating with FOTIC's "Better Life No.1 Collective Fund Trust Plan" to provide housing upgrades and end-to-end asset management for trust-held rental properties.

Quhuo expects the project to generate over RMB 10 million in additional monthly revenue for Lailai by the end of 2025. The initiative expands Lailai from cleaning into renovation and asset management, using a self-developed digital dispatch and direct-pay system to standardize operations and link work orders to payments.

Quhuo (NASDAQ: QH) ha dichiarato che la sua unità di servizi alberghieri e domestici Lailai sta collaborando con il fondo fiduciario 'Better Life No.1 Collective Fund Trust Plan' di FOTIC per fornire aggiornamenti abitativi e gestione patrimoniale end-to-end per immobili in affitto detenuti in trust.

Quhuo prevede che il progetto generatorà più di 10 milioni di RMB di entrate mensili aggiuntive per Lailai entro la fine del 2025. L'iniziativa amplia Lailai dalla pulizia alla ristrutturazione e gestione patrimoniale, utilizzando un sistema di dispatch digitale sviluppato internamente e un sistema di pagamento diretto per standardizzare le operazioni e collegare gli ordini di lavoro ai pagamenti.

Quhuo (NASDAQ: QH) dijo que su unidad de servicios hoteleros y para el hogar, Lailai, está colaborando con el fondo fiduciario de FOTIC, «Better Life No.1 Collective Fund Trust Plan», para brindar mejoras de vivienda y gestión de activos de extremo a extremo para propiedades en alquiler en fideicomiso.

Quhuo espera que el proyecto genere más de 10 millones de RMB de ingresos mensuales adicionales para Lailai para fines de 2025. La iniciativa amplía a Lailai desde la limpieza hasta la renovación y la gestión de activos, utilizando un sistema de despacho digital desarrollado internamente y un sistema de pago directo para estandarizar las operaciones y vincular las órdenes de trabajo a los pagos.

Quhuo (나스닥: QH)는 호텔 및 가정 서비스 부문인 Lailai가 FOTIC의 'Better Life No.1 Collective Fund Trust Plan'과 협력하여 신탁이 보유한 임대 부동산에 대한 주거 개선 및 엔드-투-엔드 자산 관리 서비스를 제공한다고 밝혔다.

Quhuo는 이 프로젝트가 2025년 말까지 Lailai에 대해 월간 추가 매출 1,000만 위안 이상을 창출할 것으로 기대한다. 이 이니셔티브는 Lailai를 청소에서 리노베이션 및 자산 관리로 확장하며, 자가 개발한 디지털 파견(배차) 시스템과 직접 지급 시스템을 사용해 운영을 표준화하고 작업 지시를 지불과 연결한다.

Quhuo (NASDAQ : QH) a déclaré que son unité de services hôteliers et domestiques, Lailai, collabore avec le fonds fiduciaire 'Better Life No.1 Collective Fund Trust Plan' de FOTIC pour fournir des améliorations du logement et une gestion d'actifs de bout en bout pour des propriétés locatives détenues en fiducie.

Quhuo prévoit que le projet générera plus de 10 millions de RMB de revenus mensuels supplémentaires pour Lailai d'ici fin 2025. L'initiative étend Lailai du nettoyage à la rénovation et à la gestion d'actifs, en utilisant un système d'affectation numérique développé en interne et un système de paiement direct pour standardiser les opérations et relier les bons de travail aux paiements.

Quhuo (NASDAQ: QH) sagte, dass seine Hotel- und Haussservice-Einheit Lailai mit dem Better Life No.1 Collective Fund Trust Plan von FOTIC zusammenarbeitet, um Wohnungsaufwertungen und End-to-End-Asset-Management für treuhänderisch gehaltene Mietobjekte bereitzustellen.

Quhuo erwartet, dass das Projekt bis Ende 2025 mehr als 10 Millionen RMB an zusätzlichen monatlichen Einnahmen für Lailai generieren wird. Die Initiative erweitert Lailai vom Reinigungsdienst hin zu Renovierung und Asset-Management und nutzt ein intern entwickeltes digitales Dispatch- und Direct-Pay-System, um Abläufe zu standardisieren und Arbeitsaufträge mit Zahlungen zu verknüpfen.

Quhuo (NASDAQ: QH) قالت إن وحدة خدمات الفنادق والمنزلية لديها، ليست Lailai، تتعاون مع صندوق الثقة 'Better Life No.1 Collective Fund Trust Plan' التابع لـ FOTIC لتقديم تحسينات سكنية وإدارة أصول شاملة للعقارات الإيجارية المحوزة في الثقة.

وتتوقع كوهو أن يحقق المشروع إيرادات شهرية إضافية لأكثر من 10 ملايين رنمينبي لـ Lailai بحلول نهاية عام 2025. وتوسّع المبادرة من التنظيف إلى التجديد وإدارة الأصول، باستخدام نظام توجيه رقمي مطور داخليًا ونظام دفع مباشر لكانة العمليات وربط أوامر العمل بالمدفوعات.

趣活(NASDAQ: QH) 表示,其酒店及家政服务单位来来(Lailai)正在与 FOTIC 的“Better Life No.1 Collective Fund Trust Plan”合作,为信托持有的出租物业提供住房升级和端到端资产管理。

趣活预计该项目到 2025 年底将为来来带来 超过 1000 万人民币的月新增收入。该计划将来来从清洁扩展到翻新和资产管理,使用自研的数字派单和直接支付系统来标准化运营,并将工单与付款挂钩。

Positive
  • RMB 10M+ expected monthly revenue for Lailai by end-2025
  • Business expansion into renovation and asset management
  • Digital dispatch and direct-pay link work orders to real-time compensation
Negative
  • Long-term rental market faces oversupply and intensified competition
  • Revenue projection is forward-looking and subject to risks stated in the press release

Insights

Quhuo's Lailai partners with FOTIC to add asset management revenue and upgrade rental units, targeting >RMB 10 million monthly by end of 2025.

Quhuo expands Lailai's scope from cleaning to end-to-end asset management and upgrades, supported by FOTIC's "Better Life No.1 Collective Fund Trust Plan." The announced mechanism links work orders, labor hours, and direct payments to workers, aiming to improve service quality and reduce intermediaries. The company expects this project to generate over RMB 10 million in additional monthly revenue by end of 2025.

Key dependencies include execution of standardized upgrades, the trust plan's asset pipeline, and timely operational scaling. Risks center on implementation speed and whether the revenue run-rate materializes as projected. Monitor monthly revenue contribution, number of properties under management, and any confirmed milestones through end of 2025.

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.

Cision View original content:https://www.prnewswire.com/news-releases/quhuos-hotel-and-home-services-sector-collaborates-with-trust-plan-to-explore-industry-finance-synergies-and-enhance-long-term-rental-property-value-302575216.html

SOURCE Quhuo Limited

FAQ

What did Quhuo (QH) announce on October 6, 2025 about Lailai and FOTIC?

Quhuo said Lailai will collaborate with FOTIC's trust plan to provide housing upgrades and end-to-end asset management for rental properties.

How much additional revenue does Quhuo expect from the Lailai-FOTIC project for Q4 2025?

Quhuo expects the project to generate over RMB 10 million in additional monthly revenue for Lailai by the end of 2025.

How will Lailai's digital system affect operations under the QH-FOTIC collaboration?

Lailai's self-developed digital dispatch and task-splitting system standardizes workflows and links work orders to direct payments to workers.

What business areas does the Quhuo (QH) project expand into beyond cleaning?

The project expands Lailai into renovation and asset management for long-term rental properties.

Does the press release note any market challenges for the rental sector affecting QH?

Yes; it notes an oversupply of homogeneous products and intensifying competition in the long-term rental market.

Is the expected revenue from the Lailai-FOTIC collaboration guaranteed for Quhuo (QH)?

No; the announcement includes forward-looking statements and cautions that actual results may differ due to risks and uncertainties.
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