Core Viewpoint - Qudian Inc. is considered a severely undervalued asset, trading at a significant discount to its liquidation value, with a strong cash position that allows for various opportunities [2][10] Group 1: Company Overview - Qudian operates as a consumer-oriented technology company providing credit solutions and has ventured into the ready-to-cook meal business through QD Food, with a presence in over 200 cities in China [3] - The company has also introduced last-mile delivery services under the brand "Fast Horse" to enhance logistics and meet consumer expectations [3] Group 2: Valuation Metrics - Qudian's diluted market capitalization is approximately $500 million, with a liquidation value estimated at around $1.319 billion, indicating a 60% discount on liquidation value [5][10] - The company has over $1.4 billion in current assets and only $111 million in total liabilities, showcasing a solid balance sheet [7][9] Group 3: Financial Performance - In 2023, Qudian reported a profit of $57 million in Q1 but faced losses in subsequent quarters, totaling $51 million across Q2, Q3, and Q4 [11] - Despite these losses, the company is unlocking value through share repurchase programs, which have been effective in enhancing shareholder value [15][16] Group 4: Share Repurchase Programs - Qudian initiated a share repurchase program in June 2022, with plans to buy back up to $200 million worth of shares, and has since spent around $94 million on this initiative [14][15] - A new program was approved in March 2024 to repurchase an additional $300 million worth of shares over the next 36 months, indicating confidence in the company's undervaluation [14] Group 5: Market Sentiment and Strategy - The current market sentiment towards Qudian is negative, but this presents a buying opportunity as shares are available at a significant discount [16] - The company is advised to continue its share repurchase strategy to maximize shareholder value, as each dollar spent on buybacks is generating substantial returns [15][16]

XIAMEN, China, May 13, 2024 /PRNewswire/ -- Qudian Inc. ("Qudian" or "the Company" or "We") (NYSE: QD), a consumer-oriented technology company, today announced that Mr. David Cui has replaced Mr. Shengwen Rong as a member of the board of directors (the "Board"), audit committee and compensation committee of the Company. Mr. Shengwen Rong resigned from the Board for personal reasons, effective as of May 11, 2024. Upon recommendation by the nominating and corporate governance committee of the Company, the Boa ...

Core Viewpoint - Qudian Inc. has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023, with the SEC, highlighting its ongoing commitment to transparency and investor relations [1]. Company Overview - Qudian is a consumer-oriented technology company that historically focused on providing credit solutions to consumers [2]. - The company is exploring innovative logistics services to meet consumer demand for e-commerce transactions by leveraging its technological capabilities [2].

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Exhibit 99.1 Qudian Inc. Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results XIAMEN, China, March 18, 2024/PRNewswire/ -- Qudian Inc. ("Qudian" or "the Company" or "We") (NYSE: QD), a consumeroriented technology company, today announced its unaudited financial results for the quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights: · Total revenues were RMB63.8 million (US$9.0 million), compared to RMB160.1 million for the same period of last year · Net loss ...

XIAMEN, China, March 18, 2024 /PRNewswire/ -- Qudian Inc. ("Qudian" or "the Company" or "We") (NYSE: QD), a consumer-oriented technology company, today announced that its board of directors has authorized a share repurchase program under which the Company may repurchase up to US$300 million worth of its outstanding (i) American depositary shares ("ADSs"), each representing one Class A ordinary share, and/or (ii) Class A ordinary shares over the next 36 months starting from June 13, 2024. Under the share rep ...

XIAMEN, China, March 18, 2024 /PRNewswire/ -- Qudian Inc. ("Qudian" or "the Company" or "We") (NYSE: QD), a consumer-oriented technology company, today announced its unaudited financial results for the quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights: Total revenues were RMB63.8 million (US$9.0 million), compared to RMB160.1 million for the same period of last year Net loss attributable to Qudian's shareholders was RMB117.1 million (US$16.5 million), compared to net i ...

Exhibit 99.1 Qudian Inc. Reports Third Quarter 2023 Unaudited Financial Results XIAMEN, China, December 11, 2023/PRNewswire/ -- Qudian Inc. ("Qudian" or "the Company" or "We") (NYSE: QD), a consumeroriented technology company, today announced its unaudited financial results for the quarter ended September 30, 2023. Third Quarter 2023 Financial Highlights: ● Total revenues were RMB29.6 million (US$4.1 million), compared to RMB 110.2 million for the same period of last year ● Net loss attributable to Qudian's ...

Exhibit 99.1 Qudian Inc. Reports Second Quarter 2023 Unaudited Financial Results XIAMEN, China, September 7, 2023/PRNewswire/ -- Qudian Inc. ("Qudian" or "the Company" or "We") (NYSE: QD), a consumeroriented technology company, today announced its unaudited financial results for the quarter ended June 30, 2023. Second Quarter 2023 Financial Highlights: ● Total revenues were RMB11.1 million (US$1.5 million), compared to RMB105.4 million for the same period of last year ● Net loss attributable to Qudian's sha ...

Exhibit 99.1 Qudian Inc. Reports First Quarter 2023 Unaudited Financial Results XIAMEN, China, June 12, 2023/PRNewswire/ -- Qudian Inc. ("Qudian" or "the Company" or "We") (NYSE: QD), a consumeroriented technology company in China, today announced its unaudited financial results for the quarter ended March 31, 2023. First Quarter 2023 Financial Highlights: · Total revenues were RMB21.9 million (US$3.2 million), compared to RMB201.8 million for the same period of last year · Net income attributable to Qudian ...