Exhibit 99.3
Date: June 4, 2020
Quhuo Limited
3rd Floor, Block D, Tonghui Building
No. 1132 Huihe South Street
Chaoyang District, Beijing
People’s Republic of China
Re:Consent of Frost & Sullivan
Ladies and Gentlemen:
We, Frost & Sullivan (Beijing) Inc., Shanghai Branch Co., understand that Quhuo Limited (the “Company”) plans to file a registration statement on FormF-1 (the “Registration Statement”) with the United States Securities and Exchange Commission (the “SEC”) under the Securities Act of 1933, as amended, in connection with its proposed initial public offering (the “Proposed IPO”).
We hereby consent to the use of and references to our name and the inclusion of information, data and statements from our research reports and amendments thereto (collectively, the “Reports”), and any subsequent amendments to the Reports, as well as the citation of our research reports and amendments thereto, (i) in the Registration Statement and any amendments thereto, as well as the prospectus included in the Registration Statement together with any prospectus supplement and related free writing prospectus, (ii) in any written correspondences with the SEC, (iii) in any other future filings with the SEC, including, without limitation, filings on Form20-F, Form6-K and other registration statements, (iv) in institutional and retail roadshows and other activities in connection with the Proposed IPO, (v) on the websites of the Company and its subsidiaries and affiliates, and (vi) in other publicity materials in connection with the Proposed IPO.
We further hereby consent to the filing of this consent letter as an exhibit to the Registration Statement and any amendments thereto and as an exhibit to any other SEC Filings.
[Signature page follows]
Yours faithfully,
For and on behalf of
Frost & Sullivan (Beijing) Inc., Shanghai Branch Co.
/s/ Yves Wang | ||
Name: | Yves Wang | |
Title: | Managing Director of China |
[Signature Page to Consent Letter]