Welcome to our dedicated page for Qudian SEC filings (Ticker: QD), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Qudian Inc. (historical ticker: QD) SEC filings page on Stock Titan provides access to the company’s U.S. regulatory disclosures as a foreign private issuer. Qudian files an annual report on Form 20-F, which includes its audited consolidated financial statements for the fiscal year, and furnishes Form 6-K current reports for material updates such as quarterly unaudited financial results, changes in auditors, board changes, and corporate actions.
For Qudian, these filings are central to understanding its evolution as a consumer-oriented technology company in China. Quarterly financial information furnished on Form 6-K explains how revenues, operating expenses, and net income have been influenced by its historical focus on consumer credit solutions, the launch and subsequent wind-down of its last-mile delivery business, and the contribution of interest and investment income and derivative instruments. Balance sheet data in these filings also outline cash and restricted cash positions, short-term investments, short-term borrowings, and shareholders’ equity.
Filings also document corporate governance and reporting developments. Qudian’s 6-Ks describe the approval and progress of its share repurchase program, the appointment and transition of independent registered public accounting firms, and resolutions related to changing its English name to "High Templar Tech Limited" and its ticker symbol from QD to HTT, including the extraordinary general meeting at which shareholders approved the name change.
On Stock Titan, Qudian’s filings are updated from the SEC’s EDGAR system and accompanied by AI-powered summaries designed to highlight the most important points in lengthy documents. These tools help readers quickly identify key information in Qudian’s 20-F annual report, 6-K earnings releases, and other regulatory submissions, and understand how those disclosures relate to the historical QD ticker and the company’s subsequent name and symbol change.
High Templar Tech Limited, formerly Qudian Inc., files its annual Form 20-F for the year ended December 31, 2025, detailing its China-based operations, VIE structure and regulatory risks. The Cayman holding company controls mainland operating entities mainly through contractual arrangements rather than equity ownership.
The filing highlights reliance on variable interest entities Xiamen Quxianxiang and, until January 5, 2026, Xiamen Lexiang, extensive legal and operational risks from evolving PRC regulation, data and cybersecurity rules, and potential impacts of the HFCA Act on NYSE listing. It discloses significant intercompany cash transfers among the parent, PRC subsidiaries and VIEs, plus statutory reserve and FX controls that can limit dividend distributions. Management reports effective internal control over financial reporting and outlines major wind-downs of legacy businesses alongside exploration of new and overseas opportunities.
High Templar Tech Ltd Vice President of Finance Gao Yan (Rock) filed an initial Form 3 showing existing equity holdings held indirectly through an ESOP. The filing lists fully vested stock options to acquire several blocks of Class A ordinary shares at an exercise price of $0.0001 per share, with expirations between 2027 and 2030. It also discloses indirect ownership of 80,608 American depositary shares, with each ADS representing one Class A ordinary share.
High Templar Tech Ltd director Li Yifan (Frank) filed an initial Form 3 reporting existing derivative holdings. He indirectly holds fully vested stock options through an ESOP covering 10,000 Class A ordinary shares exercisable at 0.0001 per share expiring on 2027-10-18, and 20,000 shares at the same price expiring on 2029-06-14.
High Templar Tech Ltd senior vice president Xu Long filed an initial ownership report, showing indirect holdings of stock options over Class A ordinary shares. The options have a nominal exercise price of $0.0001 per share.
The positions are held through a trust and an ESOP, with grants including 400,000 shares via a trust and 500,000 shares via an ESOP. Footnotes state the options are fully vested, and one grant has no expiration date while others expire between 2028 and 2030.
High Templar Tech Ltd director Cui David has filed an initial statement of beneficial ownership on Form 3. This filing registers him as a director-level insider for reporting purposes and does not report any purchases, sales, or other share transactions.
High Templar Tech Limited reported a sharp shift to profitability in 2025 driven by investment gains, even as its core revenue shrank. Full-year sales income fell 81.1% to RMB40.9 million as the last-mile delivery business was wound down, and loss from operations widened to RMB398.4 million. However, interest and investment income rose to RMB990.4 million and gains on derivative instruments reached RMB188.7 million, lifting net income attributable to shareholders to RMB708.6 million, or RMB4.25 per diluted ADS. The company ended 2025 with RMB5,532.4 million in cash and RMB1,523.7 million in restricted cash, and has repurchased 182.3 million ADSs in total for about US$771.9 million as of March 8, 2026.
High Templar Tech Limited describes the terms of its American Depositary Shares (ADSs), each representing one Class A ordinary share held under a deposit agreement with Deutsche Bank Trust Company Americas as depositary and Deutsche Bank AG, Hong Kong Branch as custodian. The document explains how ADSs can be surrendered to withdraw the underlying shares, how transfers, split-ups and combinations of receipts are handled, and the conditions the depositary may impose, including payment of taxes, fees and proof of identity.
Holders and beneficial owners must respond to information and tax-status requests, may be charged various fees of up to U.S. $5.00 per 100 ADSs for issuance, cancellation, distributions and annual administration, and remain liable for any related taxes or governmental charges. The agreement outlines how cash and share dividends, rights offerings and other distributions are processed, how voting instructions on deposited securities are collected and exercised, and how changes to the company’s capital, amendments, resignation or removal of the depositary, and termination of the program are managed. The receipt also includes liability limitations, ownership restrictions consistent with Cayman Islands law and a waiver of jury trial for disputes related to the ADSs and deposit agreement.
An affiliate of the issuer has filed a notice of proposed sale of restricted securities under Rule 144.
The planned transaction covers up to 1,650,000 American Depositary Shares, each representing one Class A ordinary share, to be sold through China International Capital Corporation Hong Kong Securities Limited on the NYSE. The filing reports an aggregate market value of $8,035,500.00 for these shares and notes that 165,126,492 shares of the same class were outstanding at the time referenced. The shares being sold were originally acquired as an investment from the issuer, with cash payment completed on 09/14/2018.