Cloud Alliance Inc. Discloses Stake in Quhuo Limited

TL;DR

**Cloud Alliance Inc. just filed a 13D on Quhuo Limited. Big ownership change incoming.**

AI Summary

Cloud Alliance Inc. filed an SC 13D on April 8, 2024, reporting beneficial ownership of Quhuo Limited. The filing indicates a change in ownership or control, with Cloud Alliance Inc. now holding a significant stake in Quhuo Limited's Class A and Class B Ordinary Shares. Specific details on the percentage of ownership and the exact number of shares are not immediately available in this excerpt.

Why It Matters

This filing signals a potential shift in control or significant influence over Quhuo Limited, which could impact its strategic direction and shareholder value.

Risk Assessment

Risk Level: medium — SC 13D filings often indicate significant ownership changes or activist intentions, which can introduce uncertainty and volatility for the subject company's stock.

Key Players & Entities

• Cloud Alliance Inc (company) — Filing entity
• Quhuo Limited (company) — Subject company
• Zhifa Liu (person) — Contact person for Cloud Alliance Inc.

FAQ

Key Financial Figures

• $0.0001 — ) Class A Ordinary Shares, par value US$0.0001 per share Class B Ordinary Shares, pa
• $1,480,000 — ersonal funds. A total of approximately $1,480,000 was paid to acquire the Ordinary Shares

Filing Documents

• formsc13d.htm (SC 13D) — 59KB
• exhibit1.htm (EX-1) — 3KB
• 0002018265-24-000003.txt ( ) — 63KB

Security and Issuer

Item 1. Security and Issuer. The securities to which this Schedule 13D relates are the ordinary shares ("Ordinary Shares"), including both Class A Ordinary Shares and Class B Ordinary Shares, each with par value US$0.0001 per share, Quhuo Limited, a Cayman Islands company. The Issuer's principal executive office address is 3F, Building A, Xin'anmen, No. 1 South Bank Huihe South Street, Chaoyang District. Beijing, People's Republic of China The information set forth in response to each Item below shall be deemed to be a response to all Items where such information is relevant.

Identity and Background

Item 2. Identity and Background. (a) This Schedule 13D is being filed jointly by: Cloud Alliance Inc, a company incorporated in the State of Virginia and Mr. Zhifa Liu, Chief Executive Officer and the sole director of Cloud Alliance Inc. (together, 'Reporting Persons'). In addition, Cloud Alliance Inc. has another executive officer and minority owner, Mr. Yang Li, who is the President of Cloud Alliance Inc. (b) The address of the principal office of Cloud Alliance Inc. is 8609 Westwood Center Drive, Suite 110, Tysons Corner, VA 22182. The business address of Mr. Zhifa Liu is 8609 Westwood Center Drive, Suite 110, Tysons Corner, VA 22182. The business address of Mr. Yang Li is 8609 Westwood Center Drive, Suite 110, Tysons Corner, VA 22182. (c) Cloud Alliance Inc is engaged in cloud technologies and services, including, without limitation, designing and delivering cloud solutions, which encompass Cloud Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS), and cybersecurity measures for cloud, through the integration of cloud technologies and artificial intelligence to facilitate enhancement of efficiency, security, and scalability. Mr. Zhifa Liu is the Chief Executive Officer, sole director, and the majority owner of Cloud Alliance Inc. Mr. Yang Li is the President and minority owner of Cloud Alliance Inc. (d) During the last five years, none of the persons named in this Item 2 has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) During the last five years, none of the persons named in this Item 2 has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and, as a result of such proceeding, was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. (f) Cloud Allian

Source and Amount of Funds or Other Consideration

Item 3. Source and Amount of Funds or Other Consideration. Funds for the purchase of the Ordinary Shares reported herein by Cloud Alliance Inc. were from its working capital. Funds for the purchase of the Ordinary Shares reported herein by Mr. Zhifa Liu were from his personal funds. A total of approximately $1,480,000 was paid to acquire the Ordinary Shares reported herein.

Purpose of Transaction

Item 4. Purpose of Transaction. The Reporting Persons acquired the securities described in Item 5 in the ordinary course of business for investment purposes because of their belief that the securities are undervalued and represent an attractive investment opportunity. The Reporting Persons may, from time to time, take such actions regarding their investment in the Issuer as they deem appropriate. These actions may include purchasing or selling securities of the Issuer depending upon an ongoing evaluation of the investment in these securities, prevailing market conditions, other investment opportunities, other investment considerations and/or other factors. Based on the transactions and relationships described herein, the Reporting Persons may be deemed to constitute a 'group' for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended. The filling of this Schedule 13D shall not be construed as an admission that the Reporting Persons are a group, or have agreed to act as a group, and the existence of any such group is expressly disclaimed. CUSIP No. 74841Q 209 13D Page 4 of 5 Pages

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer. (a) See rows (11) and (13) of the cover pages to this Schedule 13D for the aggregate number of Ordinary Shares and percentages of the Ordinary Shares beneficially owned by each of the Reporting Persons. Percentage calculated based on existing 97,261,417 Ordinary Shares of the Issuer as a single class (including 55,855,737 Class A Ordinary Shares and Class B Ordinary Shares of the Issuer outstanding as of December 31, 2023, as reported in the Issuer's Form 6-K for the six months ended December 31, 2023 filed with the SEC on April 3, 2024, and 41,405,680 Class A Ordinary Shares, represented by 4,140,568 ADSs as stated in a Prospectus Supplement No. 3 dated March 27, 2024 filed with the SEC on March 27, 2024). According to such Prospectus Supplement No. 3, dated March 27, 2024, 2,140,568 ADSs were issued and sold by the Issuer on March 21, 2024 and additional 2,000,000 ADS were sold on March 27, 2024; each ADS represents ten (10) Class A Ordinary Shares of the Issuer. (b) Cloud Alliance Inc: (1) Sole Voting Power: 14,000,000 Class A Ordinary Shares, represented by 1,400,000 ADSs (2) Shared Voting Power: 0 (3) Sole Dispositive Power: 14,000,000 Class A Ordinary Shares, represented by 1,400,000 ADSs (4) Shared Dispositive Power: 0 Zhifa Liu: (1) Sole Voting Power: 11,250,000 Class A Ordinary Shares, represented by 1,125,000 ADSs (2) Shared Voting Power: 0 (3) Sole Dispositive Power: 11,250,000 Class A Ordinary Shares, represented by 1,125,000 ADSs (4) Shared Dispositive Power: 0 Yang Li: (1) Sole Voting Power: 0 (2) Shared Voting Power: 0 (3) Sole Dispositive Power: 0 (4) Shared Dispositive Power: 0 (c) Except as described in this Schedule 13D, during the past 60 days none of the Reporting Persons or Covered Persons has affected any transactions in the Ordinary Shares. (d) Not applicable. (e) Not applicable.

Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. Other than the Joint Filing Agreement attached as Exhibit 1 hereto, there are no contracts, arrangements, understandings or relationships (legal or otherwise) among the persons named in Item 2 hereof and between such persons and any person with respect to any securities of the Issuer, including but not limited to transfer or voting of any other securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, divisions of profits or loss, or the giving or withholding of proxies.

Material to be Filed as Exhibits

Item 7. Material to be Filed as Exhibits. Exhibit 1: Joint Filing Agreement as required by Rule 13d-1(k)(1) under the Act. CUSIP No. 74841Q 209 13D Page 5 of 5 Pages SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Cloud Alliance Inc /s/ Zhifa Liu Name CEO Title 2024-04-08 Insert Date Zhifa Liu /s/ Zhifa Liu Name Title 2024-04-08 Date

View Full Filing

View this SC 13D filing on SEC EDGAR