FLJ Group Limited and Quhuo Limited Signed Cooperation Framework Agreement
December 06 2022 - 7:00AM
FLJ Group Limited (NASDAQ: FLJ) (the “Company”), a leading
technology-driven long-term apartment rental platform in China,
today signed a cooperation framework agreement (the “Agreement”)
with Quhuo Limited (“Quhuo”), a leading gig economy platform
focusing on community-centered services in China. Under the
Agreement, two parties will establish a continuing, stable and
solid joint partnership and work together to provide their
respective customers with integrated services across areas such as
apartment rental, community service and platform development and
expansion.
Leveraging its large apartment network, the Company will provide
customized rental apartments (including centralized or dispersed
apartments based on Quhuo’s need) to Quhuo’s large workforce to
address their housing needs. On the other hand, Quhuo will provide
comprehensive value-adding services such as delivery, cleaning and
facilities maintenance to the Company’s tenants.
Looking forward, both parties are confident that they will be
able to optimize their respective technology-driven and
platform-based strength in workforce operational solutions and
rental solutions and solidify their leading positions in respective
fields. Working closely together, both parties will continue to
provide more comprehensive services to their customers and achieve
growth mutually.
Safe Harbor Statement
This press release contains forward-looking statements. These
statements constitute “forward-looking” statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
and as defined in the U.S. Private Securities Litigation Reform Act
of 1995. These forward-looking statements can be identified by
terminology such as “will,” “expects,” “anticipates,” “future,”
“intends,” “plans,” “believes,” “estimates” and similar statements.
Among other things, the quotations from management in this press
release and the Company and its subsidiaries’ (collectively, the
“Group”) operations and business outlook contain forward-looking
statements. Such statements involve certain risks, uncertainties
and other factors that could cause actual results to differ
materially from those in the forward-looking statements. These
risks and uncertainties include, but are not limited to the
following: the Group’s ability to access financing on favorable
terms in a timely manner and maintain and expand its cooperation
with financial institutions; the Group’s ability to continue as a
going concern in the future or achieve or maintain profitability;
the Group’s ability to effectively respond to the challenges and
uncertainties resulting from the COVID-19 pandemic and other
outbreaks and catastrophes; the Group’s ability to manage its
growth; the Group’s ability to integrate strategic investments,
acquisitions and new business initiatives; the Group’s ability to
control the quality of its operations, including the operation of
the rental apartments managed by its own apartment managers or by
third-party contractors; the Group’s ability to attract and retain
tenants and landlords, including tenants and landlords from its
acquired lease contracts; the Group’s ability to resolve disputes
with third parties; the Group’s ability to manage its brand and
reputation; the Group’s goal and strategies; the Group’s limited
operating history; the Group’s ability to compete effectively; and
assumptions underlying or related to any of the foregoing. Further
information regarding these and other risks is included in the
Group’s filings with the U.S. Securities and Exchange Commission.
Except as required by law, the Group does not undertake any
obligation to update any forward-looking statements, whether as a
result of new information, future events or otherwise.
About FLJ Group Limited
FLJ Group Limited is a leading technology-driven long-term
apartment rental platform in China. The Company offers young,
emerging urban residents conveniently-located, ready-to-move-in,
and affordable branded apartments as well as facilitates a variety
of value-added services. The Company leverages advanced IT and
mobile technologies to manage rental apartments in various cities
in China. Technology is the core of the Company’s business and is
applied to its operational process from apartment sourcing,
renovation, and tenant acquisition, to property management. The
focus on technology enables the Company to operate a large,
dispersed, and fast-growing portfolio of apartments with high
operational efficiency and deliver a superior user experience.
For investor and media inquiries, please
contact:
FLJ Group LimitedE-mail: ir@qk365.com
ChristensenIn ChinaMr. Rene VanguestainePhone:
+86-10-5900-1548E-mail: rvanguestaine@ChristensenIR.comIn the
U.S.Ms. Linda BergkampPhone: +1-480-614-3004Email:
lbergkamp@christensenir.com
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