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home / news releases / QD - Qudian CEO intends to purchase up to $10M ADSs

QD - Qudian CEO intends to purchase up to $10M ADSs

Qudian Inc. American Depositary Shares each representing one Class A
Qudian (NYSE:QD) says that Mr. Min Luo, the company's founder, chairman and chief executive officer intends to use personal funds to purchase up to $10M of the Company's American depository shares ("ADSs") over the next 12 months. Purchases will take place in full compliance with applicable laws and the Company's securities trading policy. Mr. Luo commented, "Our senior management believes the current share price deeply undervalues Qudian's potential. Our ability to maintain a solid balance sheet with sufficient liquidity lays a strong foundation for our future success. I have great confidence in Qudian's solid business fundamentals and long-term growth prospects."

For further details see:

Qudian CEO intends to purchase up to $10M ADSs
Stock Information
Company Name: Qudian Inc. American Depositary Shares each representing one Class A
Stock Symbol: QD
Market: NYSE
Website: qudian.com
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