{"success":true,"data":{"pressRelease":{"id":"175410","rtpr_id":"nGNE6j5zlC-20261021","ticker":"HCAI","exchange":"NASDAQ","all_tickers":["HCAI"],"title":"Huachen AI Parking Management Technology Holding Co., Ltd. Announces 1-for-20 Reverse Stock Split Effective October 23, 2026","author":"Globe Newswire","published_at":"2026-10-21T12:00:00.661Z","article_body":"SHANGHAI, China, Oct. 21, 2026 (GLOBE NEWSWIRE) -- Huachen AI Parking\nManagement Technology Holding Co., Ltd. (NASDAQ: HCAI) (\"Huachen\" or the\n\"Company\"), today announced a 1-for-20 reverse stock split of the Company's\nClass A ordinary shares and Class B ordinary shares (the \"Reverse Stock\nSplit\").\n\nBeginning with the opening of trading on October 23, 2026, the Company's Class\nA ordinary shares will trade on the Nasdaq Capital Market on a\nreverse-split-adjusted basis under the existing ticker symbol \"HCAI.\" The new\nCUSIP number of the Company's Class A ordinary shares will be G4645R205. When\nthe Reverse Stock Split becomes effective, every twenty (20) issued and\noutstanding Class A ordinary shares will be automatically combined into one\n(1) Class A ordinary share, and every twenty (20) issued and outstanding Class\nB ordinary shares will be automatically combined into one (1) Class B ordinary\nshare.\n\n\"The reverse stock split is intended to support our efforts to maintain\ncompliance with Nasdaq's minimum bid price requirement under Nasdaq Listing\nRule 5550(a)(2),\" said Bin Lu, Chief Executive Officer of Huachen. \"While the\nReverse Stock Split is intended to assist the Company in regaining compliance\nwith Nasdaq Listing Rule 5550(a)(2), the Company cannot assure that it will be\nable to regain or maintain compliance with Nasdaq's continued listing\nstandards. We remain focused on executing our strategic initiatives and\nenhancing long-term value for our shareholders.\"\n\nAs a result of the Reverse Stock Split, the number of outstanding Class A\nordinary shares of Huachen will be reduced from 10,379,942 to approximately\n518,997 shares, and the number of outstanding Class B ordinary shares of\nHuachen will be reduced from 533,334 to 26,667 shares, subject to the rounding\nup of fractional shares.\n\nConcurrently with the Reverse Stock Split, the Company amended its Memorandum\nand Articles of Association to proportionately reduce the number of authorized\nordinary shares for issuance and change the par value of the post-Reverse\nStock Split ordinary shares to $0.00075 per share. All outstanding options,\nwarrants and other securities entitling holders to purchase or receive\nordinary shares will be adjusted in accordance with their respective terms.\n\nNo fractional shares will be issued in connection with the Reverse Stock\nSplit. Shareholders who would otherwise be entitled to receive fractional\nshares will receive one full share.\n\nAbout Huachen AI Parking Management Technology Holding Co., Ltd.\n\nHuachen AI Parking Management Technology Holding Co., Ltd. is a China-based,\none-stop provider of smart-parking systems and precision structural parts.\nThrough our operating subsidiaries we design, manufacture, install and service\nspace-saving cubic parking garages—tailored to each client’s needs with\ntechnologies such as vertical lifting and multi-layer cycling—while also\nsupplying custom steel components and railroad accessories to industrial\ncustomers nationwide.\n\nForward-Looking Statements\n\nThis press release contains forward-looking statements. Forward-looking\nstatements include statements concerning plans, objectives, goals, strategies,\nfuture events or performance, and underlying assumptions and other statements\nthat are other than statements of historical facts. When the Company uses\nwords such as “may,” “will,” “intend,” “should,”\n“believe,” “expect,” “anticipate,” “project,” “estimate,”\n“continue” or similar expressions that do not relate solely to historical\nmatters, it is making forward-looking statements. Forward-looking statements\nare not guarantees of future performance and involve risks and uncertainties\nthat may cause the actual results to differ materially from the Company’s\nexpectations discussed in the forward-looking statements. These statements are\nsubject to uncertainties and risks including, but not limited to, the\nuncertainties related to market conditions and other factors discussed in the\n“Risk Factors” section of the Company’s most recent annual report filed\nwith the SEC. For these reasons, among others, investors are cautioned not to\nplace undue reliance upon any forward-looking statements in this press\nrelease. Additional factors are discussed in the Company’s filings with the\nSEC, which are available for review at www.sec.gov. The Company undertakes no\nobligation to publicly revise these forward-looking statements to reflect\nevents or circumstances that arise after the date hereof.\n\nFor further information about Huachen, please contact:\n\nHuachen AI Parking Management Technology Holding Co., Ltd\n\nAlan Li: ir@huachenai.com\n\nMobile: +852-95791074","article_body_html":"","raw_payload":{"data":{"id":"nGNE6j5zlC-20261021","title":"Huachen AI Parking Management Technology Holding Co., Ltd. Announces 1-for-20 Reverse Stock Split Effective October 23, 2026","author":"Globe Newswire","ticker":"HCAI","created":"2026-10-21T12:00:00.661Z","tickers":["HCAI"],"exchange":"NASDAQ","article_body":"SHANGHAI, China, Oct. 21, 2026 (GLOBE NEWSWIRE) -- Huachen AI Parking\nManagement Technology Holding Co., Ltd. (NASDAQ: HCAI) (\"Huachen\" or the\n\"Company\"), today announced a 1-for-20 reverse stock split of the Company's\nClass A ordinary shares and Class B ordinary shares (the \"Reverse Stock\nSplit\").\n\nBeginning with the opening of trading on October 23, 2026, the Company's Class\nA ordinary shares will trade on the Nasdaq Capital Market on a\nreverse-split-adjusted basis under the existing ticker symbol \"HCAI.\" The new\nCUSIP number of the Company's Class A ordinary shares will be G4645R205. When\nthe Reverse Stock Split becomes effective, every twenty (20) issued and\noutstanding Class A ordinary shares will be automatically combined into one\n(1) Class A ordinary share, and every twenty (20) issued and outstanding Class\nB ordinary shares will be automatically combined into one (1) Class B ordinary\nshare.\n\n\"The reverse stock split is intended to support our efforts to maintain\ncompliance with Nasdaq's minimum bid price requirement under Nasdaq Listing\nRule 5550(a)(2),\" said Bin Lu, Chief Executive Officer of Huachen. \"While the\nReverse Stock Split is intended to assist the Company in regaining compliance\nwith Nasdaq Listing Rule 5550(a)(2), the Company cannot assure that it will be\nable to regain or maintain compliance with Nasdaq's continued listing\nstandards. We remain focused on executing our strategic initiatives and\nenhancing long-term value for our shareholders.\"\n\nAs a result of the Reverse Stock Split, the number of outstanding Class A\nordinary shares of Huachen will be reduced from 10,379,942 to approximately\n518,997 shares, and the number of outstanding Class B ordinary shares of\nHuachen will be reduced from 533,334 to 26,667 shares, subject to the rounding\nup of fractional shares.\n\nConcurrently with the Reverse Stock Split, the Company amended its Memorandum\nand Articles of Association to proportionately reduce the number of authorized\nordinary shares for issuance and change the par value of the post-Reverse\nStock Split ordinary shares to $0.00075 per share. All outstanding options,\nwarrants and other securities entitling holders to purchase or receive\nordinary shares will be adjusted in accordance with their respective terms.\n\nNo fractional shares will be issued in connection with the Reverse Stock\nSplit. Shareholders who would otherwise be entitled to receive fractional\nshares will receive one full share.\n\nAbout Huachen AI Parking Management Technology Holding Co., Ltd.\n\nHuachen AI Parking Management Technology Holding Co., Ltd. is a China-based,\none-stop provider of smart-parking systems and precision structural parts.\nThrough our operating subsidiaries we design, manufacture, install and service\nspace-saving cubic parking garages—tailored to each client’s needs with\ntechnologies such as vertical lifting and multi-layer cycling—while also\nsupplying custom steel components and railroad accessories to industrial\ncustomers nationwide.\n\nForward-Looking Statements\n\nThis press release contains forward-looking statements. Forward-looking\nstatements include statements concerning plans, objectives, goals, strategies,\nfuture events or performance, and underlying assumptions and other statements\nthat are other than statements of historical facts. When the Company uses\nwords such as “may,” “will,” “intend,” “should,”\n“believe,” “expect,” “anticipate,” “project,” “estimate,”\n“continue” or similar expressions that do not relate solely to historical\nmatters, it is making forward-looking statements. Forward-looking statements\nare not guarantees of future performance and involve risks and uncertainties\nthat may cause the actual results to differ materially from the Company’s\nexpectations discussed in the forward-looking statements. These statements are\nsubject to uncertainties and risks including, but not limited to, the\nuncertainties related to market conditions and other factors discussed in the\n“Risk Factors” section of the Company’s most recent annual report filed\nwith the SEC. For these reasons, among others, investors are cautioned not to\nplace undue reliance upon any forward-looking statements in this press\nrelease. Additional factors are discussed in the Company’s filings with the\nSEC, which are available for review at www.sec.gov. The Company undertakes no\nobligation to publicly revise these forward-looking statements to reflect\nevents or circumstances that arise after the date hereof.\n\nFor further information about Huachen, please contact:\n\nHuachen AI Parking Management Technology Holding Co., Ltd\n\nAlan Li: ir@huachenai.com\n\nMobile: +852-95791074"},"type":"article","timestamp":"2026-10-21T12:00:00.86757833Z","server_sent_at_ms":1792584000867},"received_at":"2026-10-21T12:00:00.925Z","source_url":null},"analysis":{"id":"163434","press_release_id":"175410","analysis_json":{"industry":{"label":"Machinery","sector":"Industrials"},"redFlags":["1-for-20 reverse split driven by Nasdaq minimum bid price non-compliance","Company states it cannot assure it will regain or maintain Nasdaq listing compliance","Very low post-split Class A share count (~519,000 shares) may imply thin float and volatility"],"eventType":"reverse_split","narrative":"Huachen AI announced a 1-for-20 reverse stock split of its Class A and Class B ordinary shares, effective at the open on October 23, 2026, with shares continuing to trade as HCAI on Nasdaq.\n\nThe stated purpose is to regain compliance with Nasdaq's minimum bid price requirement under Listing Rule 5550(a)(2), though management acknowledged it cannot assure compliance will be regained or maintained.\n\nOutstanding Class A shares fall from 10,379,942 to about 518,997 and Class B from 533,334 to 26,667; authorized shares were proportionately reduced and par value reset to $0.00075 per share.","sentiment":"bearish","agentHooks":{"shouldPost":true,"suggestedAngle":"Micro-cap China-based HCAI does a 1-for-20 reverse split to cure a Nasdaq bid-price deficiency — listing risk remains unresolved."},"keyFigures":{"customDimensions":{"new_par_value":"$0.00075 per share","effective_date":"2026-10-23","reverse_split_ratio":"1-for-20","class_a_shares_after":518997,"class_b_shares_after":26667,"class_a_shares_before":10379942,"class_b_shares_before":533334}},"quotedText":"The reverse stock split is intended to support our efforts to maintain compliance with Nasdaq's minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2)","namedEntities":{"people":[{"name":"Bin Lu","role":"CEO"}],"products":[],"companies":[{"name":"Huachen AI Parking Management Technology Holding Co., Ltd.","ticker":"HCAI","relationship":"filer"}],"dollarAmounts":[{"amount":"$0.00075","context":"new post-split par value per share"}]},"materialImpact":{"score":4,"reasoning":"1-for-20 reverse split explicitly aimed at regaining Nasdaq minimum bid price compliance, a strong listing-risk signal; ratio of 1:20 warrants a score of 4 per guidance."},"tickerRelevance":{"others":[],"primary":"HCAI"},"globalImportance":20,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"reverse_split_1-for-20","issuerAuthored":true,"listingComplianceRisk":true}},"event_type":"reverse_split","event_type_secondary":null,"sentiment":"bearish","material_impact_score":4,"narrative":"Huachen AI announced a 1-for-20 reverse stock split of its Class A and Class B ordinary shares, effective at the open on October 23, 2026, with shares continuing to trade as HCAI on Nasdaq.\n\nThe stated purpose is to regain compliance with Nasdaq's minimum bid price requirement under Listing Rule 5550(a)(2), though management acknowledged it cannot assure compliance will be regained or maintained.\n\nOutstanding Class A shares fall from 10,379,942 to about 518,997 and Class B from 533,334 to 26,667; authorized shares were proportionately reduced and par value reset to $0.00075 per share.","key_figures":{"customDimensions":{"new_par_value":"$0.00075 per share","effective_date":"2026-10-23","reverse_split_ratio":"1-for-20","class_a_shares_after":518997,"class_b_shares_after":26667,"class_a_shares_before":10379942,"class_b_shares_before":533334}},"named_entities":{"people":[{"name":"Bin Lu","role":"CEO"}],"products":[],"companies":[{"name":"Huachen AI Parking Management Technology Holding Co., Ltd.","ticker":"HCAI","relationship":"filer"}],"dollarAmounts":[{"amount":"$0.00075","context":"new post-split par value per share"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-21T12:00:12.419Z","global_importance":20,"audience_relevance":15,"importance_components":{"tickerTier":"micro-cap","eventGravity":"reverse_split_1-for-20","issuerAuthored":true,"listingComplianceRisk":true}},"durationMs":6784,"modelName":"glm-5.3-flashx"}}