On Thursday, Quhuo (QH.US) fell more than 7% in pre-market trading after announcing a strategic cooperation agreement with blockchain investment and advisory firm Topliquidity Management. The partnership aims to accelerate Quhuo's blockchain expansion and digital currency strategy, providing new momentum for its global business development. Despite the company's announcement of the collaboration to drive technological innovation, analysts suggest the market may be awaiting further implementation details and financial impact assessments.