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 ...

Core Viewpoint - The launch of the "light-storage-charging-inspection-parking" integrated intelligent multi-story parking garage in Longzhen New Village, Shenzhen, aims to alleviate parking and charging difficulties in the area, leveraging Huawei's technology and solar energy solutions [2][3]. Group 1: Project Overview - The Longzhen New Village multi-story parking garage is located at the intersection of Changfeng Road and Changhua Street in the Yutang Street area of Guangming District, covering a total area of 4,021 square meters [3]. - The project upgrades the existing 120 flat parking spaces to a total of 482 spaces, including 429 mechanical parking spaces and 53 flat parking spaces, which also feature charging stations [3]. Group 2: Technological Integration - The project utilizes the rooftop space of the parking garage for photovoltaic installation, with a solar power generation capacity of approximately 65 kW, producing over 73,000 kWh of green electricity annually [3]. - It is equipped with Huawei's commercial energy storage product of 215 kWh, enhancing charge and discharge efficiency, and providing stable and reliable clean energy through light-storage collaboration [3]. Group 3: Charging and Parking Solutions - The facility employs Huawei's complete digital energy light-storage-charging solution, featuring one ultra-fast charging station that can simultaneously charge 16 electric vehicles [4]. - The project incorporates vertical lifting mechanical parking systems, along with intelligent robotic handlers and detection systems, allowing for automatic vehicle positioning and space allocation [4]. - The smart parking system enables vehicle access through facial recognition or license plate identification, ensuring safety with an all-weather monitoring system [4].