Quhuo Subsidiary Lailai Partners with FOTIC Trust to Boost Long-Term Rental Property Value in China

Reuters

Oct 06

Quhuo Subsidiary Lailai Partners with FOTIC Trust to Boost Long-Term Rental Property Value in China

Quhuo Ltd.'s subsidiary, Lailai Information Technology (Shenzhen) Co., Ltd., has partnered with the "Better Life No.1 Collective Fund Trust Plan" managed by China Foreign Economy and Trade Trust Co., Ltd. Lailai will provide housing upgrades and asset management services for rental properties, aiming to enhance service quality and generate over RMB 10 million in additional monthly revenue by the end of 2025. The collaboration leverages Lailai's digital management systems to improve efficiency and payment processes in the long-term rental market.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Quhuo Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN90542) on October 06, 2025, and is solely responsible for the information contained therein.

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