Core Viewpoint - Huachen AI Parking Management Technology Holding Co., Ltd. has received a notice from Nasdaq indicating non-compliance with the minimum bid price requirement, as the company's share price has been below $1.00 for the last 30 consecutive business days [1][2]. Compliance and Listing Status - The company has been granted a compliance period of 180 calendar days, until February 2, 2026, to regain compliance with Nasdaq's minimum bid price requirement [3]. - If the company's share price reaches at least $1.00 for a minimum of 10 consecutive business days during this compliance period, Nasdaq will confirm compliance and close the matter [3]. - Should the company fail to regain compliance by the deadline, it may be eligible for an additional 180-day period, provided it meets other listing requirements and notifies Nasdaq of its intention to cure the deficiency [4]. Company Actions and Commitment - The company is actively monitoring its share price and considering all available options to regain compliance with Nasdaq's requirements [5]. - The company remains committed to delivering value to its shareholders and maintaining its listing on Nasdaq [5]. Company Overview - Huachen AI Parking Management Technology Holding Co., Ltd. is a provider of smart-parking systems and precision structural parts, offering tailored solutions such as space-saving cubic parking garages and custom steel components [6].

JIAXING, CHINA, June 30, 2025 (GLOBE NEWSWIRE) -- Huachen AI Parking Management Technology Holding Co., Ltd (the “Company”) (NASDAQ: HCAI), a comprehensive smart parking solutions and equipment structural parts provider with all operations through its operating subsidiaries in China, is pleased to announce the entry into a non-binding cooperative agreement with Hangzhou Qianhui Electric Technology Co., Ltd (“Hangzhou Qianhui”), a company that is involved in the two-wheeled e-charging business. Background an ...