Research analysts covering Huachen AI Parking Management Technology.
Recent press releases and 8-K filings for HCAI.
Huachen AI Parking Management Technology Holding Co., Ltd Announces Strategic Shift and Subsidiary Sale
HCAI
M&A
New Projects/Investments
- Between April and September 2025, Huachen AI Parking Management Technology Holding Co., Ltd (HCAI) formed several direct and indirect subsidiaries, including Jiaxing Xuchen Technology Co., Ltd. (Jiaxing XC), which engages in the sale of equipment structures and metal products.
- On November 20, 2025, HCAI incorporated Hangzhou Zhihuichong Technology Co., Ltd. (Hangzhou ZHC), which will develop and operate charging infrastructure for new-energy two-wheeled vehicles and electric vehicles.
- On December 22, 2025, HCAI entered into an agreement to sell Hua Chen Intelligent Technology Co., Limited and its subsidiaries, which are involved in smart cubic parking systems, for $50,000.
- This disposition is part of HCAI's strategic shift away from the smart parking business due to slowed growth, with the company now focusing on its equipment structural parts business and the new electric vehicle charging business.
Dec 22, 2025, 9:30 PM
HCAI to Vote on Share Capital Increase and Reverse Stock Split to Address Nasdaq Compliance
HCAI
Delisting/Listing Issues
Proxy Vote Outcomes
Accounting Changes
- Huachen AI Parking Management Technology Holding Co., Ltd (HCAI) will hold an Extraordinary General Meeting on December 8, 2025, to vote on proposals including a share capital increase and a share combination (reverse stock split).
- The primary purpose of the proposed share combination is to regain compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of US$1.00 per share.
- HCAI received a notice of non-compliance with the minimum bid price requirement on August 4, 2025, and the closing price of its Class A Shares on November 7, 2025, was $0.527.
- The share combination, if approved, would be at a ratio of not less than 1-for-2 and not more than 1-for-250, with the final ratio to be determined by the Board of Directors.
- Shareholders will also vote on increasing the Company's authorized share capital from US$500 to US$78,125, by creating 49,650,000,000 new Class A Shares and 12,450,000,000 Class B Shares.
Nov 12, 2025, 9:15 PM
Huachen AI Reports Q2 2025 Financials, Nasdaq Non-Compliance, and Strategic Expansion
HCAI
Earnings
Delisting/Listing Issues
New Projects/Investments
- For the six months ended June 30, 2025, Huachen AI reported revenue of $8,145,257, a 73% decrease compared to the prior year, while its gross profit margin increased to 32% from 13%. The company also reported a net income of $1,247,760 for the period.
- As of June 30, 2025, the company had cash and cash equivalents of $47,495 and working capital of $29.47 million. Net cash used in operating activities for the six months ended June 30, 2025, was ($5,451,079).
- On August 4, 2025, Huachen AI received a Nasdaq notification for non-compliance with the minimum bid price requirement (below $1.00) and has until February 2, 2026, to regain compliance.
- The company entered a non-binding cooperative agreement on June 30, 2025, to develop two-wheeled e-charging stations. Additionally, on May 20, 2025, the company re-designated its ordinary shares into Class A and Class B shares, issuing 16,000,000 Class B Ordinary Shares, and completed an IPO in February/March 2025, raising $713,500 in net proceeds from the over-allotment option.
Sep 19, 2025, 8:31 PM
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