Hauchen AI Parking Management Technology Holding Co., Ltd.
NASDAQ Global MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Bin Lu
- Full Time Employees
- 12
- Sector
- Industrials
- Industry
- Industrial - Machinery
- Address
- 1018 Haihe Road Dushangang Town, Pinghu Jiaxing ZJ People's Republic of China 314205
- IPO Date
- Feb 5, 2025
- CIK
- 0001958399
- Website
- hctdparking.com
- Similar Companies
- Business
- Huachen AI Parking Management Technology Holding Co., Ltd (HCAI) is a Cayman Islands-incorporated holding company that, through its operating subsidiaries in the People's Republic of China, designs, manufactures, sells, installs and maintains smart cubic parking garage systems and equipment structural parts to optimize urban parking efficiency; its core parking products employ various automated principles including lifting and shifting (PSH), convenient lifting (PJSA), vertical circulation, vertical lifting (PCS), plane moving, alley stacking, multi-layer cycle, horizontal cycle and car lifts, serving government departments, hospitals, property management companies, real estate developers, institutions, residential communities and other businesses; additionally, the company supplies equipment structural parts such as conveyor belt and feeder system components, garage structural parts, customized steel and load-bearing steel plates for parking equipment, and railroad accessories to industrial manufacturers including producers of mining haulers, conveyors and tracks, complemented by product design consultation, repair and maintenance services. Headquartered at No. 1018 Haihe Road, Dushangang Town, Pinghu City, Jiaxing, Zhejiang Province, China, with operations focused on the Chinese market, the company traces its roots to subsidiaries founded in 2004 and completed a Nasdaq Capital Market initial public offering in February 2025, raising $6.9 million in gross proceeds including the full exercise of the over-allotment option, with net proceeds allocated to acquiring managerial and operational rights for a new parking lot, developing and upgrading automated guided vehicles (AGVs) and rail-guided vehicles (RGVs), recruiting specialized technical and operational personnel, and general working capital; in June 2025, it announced a strategic partnership with Hangzhou Qianhui Electric Vehicle Technology Co., Ltd to develop charging solutions for electric two-wheelers amid rising demand.
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