HCAI News & Events

Huachen AI Parking Management announced a strategic initiative to expand its Smart Parking Platform into the United States, with an initial target on Tier-1 metropolitan markets including Los Angeles and New York. The Company's planned deployment is expected to focus on selected districts in priority U.S. markets. The planned deployment will include advanced hardware and integration with HCAI's proprietary platform, modernizing traditional parking facilities and supporting more efficient urban mobility infrastructure.

Huachen AI Parking Management Technology announced the strategic expansion of its Smart City ecosystem with the launch of its 4G Smart Energy Management and Green Power Arbitrage Initiative. The integrated solution upgrades traditional manual electricity meters with Advanced Metering Infrastructure powered by 4G remote-reading technology. Huachen said the initiative introduces a digital pre-payment utility model intended to reduce bad-debt exposure and improve working capital efficiency for property operators.

Huachen AI Parking confirmed that on it received a Nasdaq notice stating that the company is not in compliance with Nasdaq's minimum bid price requirement. The notice advised that for the last 30 consecutive business days, the minimum closing bid price per share for the company's ordinary shares was below the $1.00 per share requirement for continued listing under Nasdaq Listing Rule 5550(a)(2). This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification.

Huachen AI Parking Management Technology announces the entry into a non-binding cooperative agreement with Hangzhou Qianhui Electric Technology, a company that is involved in the two-wheeled e-charging business. This cooperative relationship is set against the backdrop of Hangzhou Qianhui's three-year strategic development plan for the two-wheeled e-charging business. Hangzhou Qianhui brings to the table technologies, equipment, operational expertise, and market resources, with ambitions to expand its e-charging business through strategic acquisitions and self-development initiatives. "We are thrilled to enter into this cooperative relationship with Hangzhou Qianhui to propel the advancement of the two-wheeled e-charging business," stated Bin Lu, spokesperson for the Company. "This collaboration will not only reinforce our position in the smart parking and e-charging market but also support the broader objective of advocating for green transportation solutions."