QD.N News & Events

Raises FY25 gross profit margin view to 62.5% from 60.5%-61%. Raises FY25 adjusted EBITDA margin view to above 18% from 17%-17.5%. The company said, "Building on a year defined by strategic focus and outstanding execution, On looks ahead with strong confidence. Brand momentum remains exceptionally high, fueled in recent weeks by remarkable athlete achievements, cultural moments elevating On globally, and the launch of its inspiring holiday campaign. Reflecting the strength of its third-quarter performance and sustained momentum, On is raising its full-year 2025 guidance across all key metrics."

Qudian announced that the company's board of directors resolved to change the company's English name to High Templar Tech, subject to shareholder approval being received for the English name change and ticker symbol to (HTT). Pursuant to the company's second amended and restated articles of association, the English name change needs to be adopted by a special resolution at a general meeting of shareholders. For the purpose of seeking such shareholder approval, the board also resolved to call an extraordinary general meeting of shareholders to consider the English name change. The EGM will be held at Building 1, Qudian Innovation Park, Meilin Street, Tongan District, Xiamen, Fujian Province, China on December 10 at 10:00 a.m., local time.