Quhuo (QH) CFO Ba Zhen discloses 2,363,030 indirect shares on Form 3

Rhea-AI Filing Summary

QUHUO Ltd director and CFO Ba Zhen has filed an initial Form 3 reporting his beneficial ownership in the company. The filing shows indirect ownership of 2,363,030 Class A Ordinary Shares, held through BZB Investment Limited, a BVI company wholly owned by him. This form records existing holdings rather than any new share purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ba Zhen

Role Chief Financial Officer

Type	Security	Shares	Price	Value
holding	Class A Ordinary Shares	--	--	--

Holdings After Transaction: Class A Ordinary Shares — 2,363,030 shares (Indirect, By BZB Investment Limited, a BVI company wholly owned by Mr. Zhen Ba.)

Footnotes (1)

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
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hours per response:			0.5

1. Name and Address of Reporting Person^*

Ba Zhen

(Last) (First) (Middle)

3RD FLOOR, BLOCK A, XIN'ANMEN

NO. 1 SOUTH BANK HUIHE SOUTH STREET

(Street)

CHAOYANG DISTRICT BEIJING 100020

(City) (State) (Zip)

CHINA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
QUHUO Ltd [ QH ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Ordinary Shares	2,363,030	I	By BZB Investment Limited, a BVI company wholly owned by Mr. Zhen Ba.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Zhen Ba	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does QUHUO Ltd (QH) Ba Zhen’s Form 3 filing report?

It reports Ba Zhen’s existing beneficial ownership in QUHUO Ltd. The filing shows indirect holdings of 2,363,030 Class A Ordinary Shares through BZB Investment Limited, establishing his baseline ownership position as he serves as director and Chief Financial Officer.

How many QUHUO Ltd (QH) shares does Ba Zhen indirectly hold?

Ba Zhen indirectly holds 2,363,030 Class A Ordinary Shares of QUHUO Ltd. These shares are owned through BZB Investment Limited, a British Virgin Islands company that is wholly owned by him, giving him beneficial ownership of this entire block.

Is Ba Zhen’s Form 3 for QUHUO Ltd a share purchase or sale?

No, the Form 3 does not show a purchase or sale. It is an initial statement of beneficial ownership that simply records 2,363,030 Class A Ordinary Shares held indirectly, without reporting any new transactions or changes in that position.

How are QUHUO Ltd (QH) shares held for Ba Zhen according to the Form 3?

The shares are held indirectly through BZB Investment Limited. The Form 3 states that BZB Investment Limited, a BVI company wholly owned by Mr. Ba Zhen, owns 2,363,030 Class A Ordinary Shares on his behalf as beneficial owner.

What roles does Ba Zhen hold at QUHUO Ltd (QH) in this Form 3?

In the Form 3, Ba Zhen is identified as both a director and an officer. His officer title is Chief Financial Officer, and the filing links this leadership role with his reported indirect beneficial ownership of 2,363,030 Class A Ordinary Shares.