Huachen AI Parking Management Sells Smart Parking Subsidiaries for $50,000

Reuters

Dec 23, 2025

<a href="https://laohu8.com/S/HCAI">Huachen AI Parking Management</a> Sells <a href="https://laohu8.com/S/SPZ.AU">Smart Parking</a> Subsidiaries for $50,000

Huachen AI Parking Management Technology Holding Co. Ltd. has agreed to sell all issued and outstanding shares of its smart parking business, including subsidiaries such as Huachen AI Technology (Zhejiang) Co., Ltd., Zhejiang Huachen Technology Co., Ltd., and several others, for a purchase price of $50,000. The sale marks a strategic shift for the company, which is moving away from smart parking systems and focusing instead on its equipment structural parts business and the development and operation of charging infrastructure for electric vehicles and new-energy two-wheeled vehicles. The buyer has no prior relationship with the company or its directors and officers, apart from being a party to this agreement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Huachen Ai Parking Management Technology Holding Co. Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-124581), on December 22, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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