Huachen AI Parking Management Technology Holding Co., Ltd and Hangzhou Qianhui Electric Technology Co., Ltd Establish Cooperative Relationship to Enhance Two-Wheeled E-Charging Infrastructure
Huachen AI Parking Management Technology (NASDAQ: HCAI) has entered into a non-binding cooperative agreement with Hangzhou Qianhui Electric Technology to develop and operate two-wheeled e-charging stations in China. The partnership aligns with Hangzhou Qianhui's three-year strategic development plan for the two-wheeled e-charging business.
Under the agreement, HCAI will provide financial support through initial capital and phased investments, while Hangzhou Qianhui will manage operations, including procurement, construction of e-charging stations, and platform management. The collaboration includes assistance with government cooperation, venue resources, and supply chain optimization.
The revenue-sharing model will be based on equity interests determined by HCAI's financial contributions and Hangzhou Qianhui's performance outcomes. The partnership aims to address growing demand for electric two-wheeler charging solutions while advancing urban transportation systems.
Huachen AI Parking Management Technology (NASDAQ: HCAI) ha stipulato un accordo di cooperazione non vincolante con Hangzhou Qianhui Electric Technology per sviluppare e gestire stazioni di ricarica per veicoli elettrici a due ruote in Cina. Questa partnership si allinea con il piano strategico triennale di Hangzhou Qianhui per il settore della ricarica di veicoli elettrici a due ruote.
Secondo l'accordo, HCAI fornirà supporto finanziario tramite capitale iniziale e investimenti progressivi, mentre Hangzhou Qianhui si occuperà della gestione operativa, inclusi approvvigionamento, costruzione delle stazioni di ricarica e gestione della piattaforma. La collaborazione prevede inoltre assistenza nella cooperazione con enti governativi, risorse per le sedi e ottimizzazione della catena di approvvigionamento.
Il modello di condivisione dei ricavi sarà basato sugli interessi azionari determinati dai contributi finanziari di HCAI e dai risultati di performance di Hangzhou Qianhui. L'obiettivo della partnership è rispondere alla crescente domanda di soluzioni di ricarica per veicoli elettrici a due ruote, promuovendo al contempo lo sviluppo dei sistemi di trasporto urbano.
Huachen AI Parking Management Technology (NASDAQ: HCAI) ha firmado un acuerdo de cooperación no vinculante con Hangzhou Qianhui Electric Technology para desarrollar y operar estaciones de carga para vehículos eléctricos de dos ruedas en China. Esta alianza está en línea con el plan estratégico de desarrollo a tres años de Hangzhou Qianhui para el negocio de carga de vehículos eléctricos de dos ruedas.
Según el acuerdo, HCAI proporcionará apoyo financiero mediante capital inicial e inversiones escalonadas, mientras que Hangzhou Qianhui gestionará las operaciones, incluyendo la adquisición, construcción de estaciones de carga y gestión de la plataforma. La colaboración también incluye asistencia en la cooperación gubernamental, recursos para ubicaciones y optimización de la cadena de suministro.
El modelo de reparto de ingresos se basará en intereses accionarios determinados por las contribuciones financieras de HCAI y los resultados de desempeño de Hangzhou Qianhui. La asociación tiene como objetivo atender la creciente demanda de soluciones de carga para vehículos eléctricos de dos ruedas, a la vez que impulsa los sistemas de transporte urbano.
Huachen AI Parking Management Technology (NASDAQ: HCAI)는 Hangzhou Qianhui Electric Technology와 중국 내 2륜 전기차 충전소 개발 및 운영을 위한 비구속적 협력 계약을 체결했습니다. 이 파트너십은 항저우 치안후이의 2륜 전기차 충전 사업 3년 전략 개발 계획과 일치합니다.
계약에 따라 HCAI는 초기 자본 및 단계별 투자를 통해 재정 지원을 제공하며, 항저우 치안후이는 조달, 충전소 건설 및 플랫폼 관리를 포함한 운영을 담당합니다. 협력에는 정부 협력 지원, 장소 자원 및 공급망 최적화도 포함됩니다.
수익 배분 모델은 HCAI의 재정 기여와 항저우 치안후이의 성과 결과에 따라 지분 비율을 기준으로 합니다. 이 파트너십은 전기 2륜차 충전 솔루션에 대한 증가하는 수요를 충족하고 도시 교통 시스템 발전을 도모하는 것을 목표로 합니다.
Huachen AI Parking Management Technology (NASDAQ : HCAI) a conclu un accord de coopération non contraignant avec Hangzhou Qianhui Electric Technology pour développer et exploiter des stations de recharge pour véhicules électriques à deux roues en Chine. Ce partenariat s'inscrit dans le plan stratégique triennal de Hangzhou Qianhui pour le secteur de la recharge des deux-roues électriques.
Dans le cadre de cet accord, HCAI apportera un soutien financier via un capital initial et des investissements échelonnés, tandis que Hangzhou Qianhui prendra en charge la gestion opérationnelle, incluant l'approvisionnement, la construction des stations de recharge et la gestion de la plateforme. La collaboration inclut également une assistance pour la coopération gouvernementale, les ressources des sites et l'optimisation de la chaîne d'approvisionnement.
Le modèle de partage des revenus sera basé sur les parts de capital déterminées par les apports financiers de HCAI et les résultats de performance de Hangzhou Qianhui. Ce partenariat vise à répondre à la demande croissante de solutions de recharge pour deux-roues électriques tout en faisant progresser les systèmes de transport urbain.
Huachen AI Parking Management Technology (NASDAQ: HCAI) hat eine unverbindliche Kooperationsvereinbarung mit Hangzhou Qianhui Electric Technology geschlossen, um Ladestationen für zweirädrige Elektrofahrzeuge in China zu entwickeln und zu betreiben. Die Partnerschaft entspricht dem dreijährigen strategischen Entwicklungsplan von Hangzhou Qianhui für das Geschäft mit zweirädrigen E-Ladestationen.
Im Rahmen der Vereinbarung wird HCAI finanzielle Unterstützung durch Anfangskapital und gestaffelte Investitionen bereitstellen, während Hangzhou Qianhui den Betrieb übernimmt, einschließlich Beschaffung, Bau der Ladestationen und Plattformverwaltung. Die Zusammenarbeit umfasst zudem Unterstützung bei der Zusammenarbeit mit Behörden, Bereitstellung von Standortressourcen und Optimierung der Lieferkette.
Das Umsatzbeteiligungsmodell basiert auf den Beteiligungsverhältnissen, die sich aus den finanziellen Beiträgen von HCAI und den Leistungsergebnissen von Hangzhou Qianhui ergeben. Ziel der Partnerschaft ist es, der wachsenden Nachfrage nach Ladelösungen für elektrische Zweiräder gerecht zu werden und gleichzeitig die städtischen Verkehrssysteme voranzubringen.
- Strategic entry into the growing two-wheeled e-charging infrastructure market
- Partnership leverages complementary strengths: HCAI's financial resources and Hangzhou Qianhui's technical expertise
- Revenue sharing structure tied to performance outcomes
- Potential for additional revenue through value-added services like advertising and data analysis
- Agreement is non-binding, creating uncertainty about final terms
- Financial commitment and investment amounts not specified
- Payback period metrics for charging stations not disclosed
Insights
HCAI enters non-binding agreement with Hangzhou Qianhui to expand into two-wheeled e-charging infrastructure, leveraging complementary capabilities with performance-based investment.
This non-binding cooperative agreement represents a calculated strategic expansion for Huachen AI Parking Management (HCAI) beyond its core smart parking solutions into the growing two-wheeled e-charging infrastructure sector in China. The partnership structure intelligently leverages each company's strengths - HCAI providing
The staged investment approach, with capital deployed based on performance metrics, demonstrates prudent risk management. Specifically, HCAI's equity stake will be determined by its financial contributions and Hangzhou Qianhui's ability to meet expectations regarding payback periods for individual charging stations.
What's particularly interesting is the potential for value-added revenue streams beyond basic charging services. The press release mentions advertising systems and user data analysis capabilities being developed for the platform, which could significantly enhance the long-term economics of the business model if properly executed.
This venture aligns with broader urban mobility trends in China, where two-wheeled electric vehicles are increasingly popular transportation options. By positioning in this growing segment, HCAI is diversifying its revenue potential while staying within adjacent infrastructure that complements its existing smart parking expertise.
However, several key elements remain undefined at this early stage: specific investment amounts, timeline milestones, and revenue projections are all absent from the announcement. Additionally, the e-charging market in China faces increasing competition, with many established players already scaling operations.
The non-binding nature of this agreement means the final partnership terms could evolve substantially, and there's no guarantee the collaboration will materialize exactly as described. This appears to be an initial framework rather than a definitive commitment, representing a first step in what would likely be a multi-year business development initiative as part of Hangzhou Qianhui's three-year strategic plan.
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 and Objectives of the Cooperative Relationship
This cooperative relationship is set against the backdrop of Hangzhou Qianhui’s three-year strategic development plan for the two-wheeled e-charging business. Hangzhou Qianhui brings to the table technologies, equipment, operational expertise, and market resources, with ambitions to expand its e-charging business through strategic acquisitions and self-development initiatives.
The objective of this cooperative relationship is to firstly acquire, develop, build and operate two-wheeled e-charging stations, with the goal of eventually fostering a larger-scale operation of two-wheeled e-charging stations. This initiative is designed to address the increasing demand for convenient and efficient charging solutions for electric two-wheelers, thereby contributing to the advancement of the urban transportation systems.
Scope of the Cooperative Relationship
Within the framework of this cooperative relationship, the Company will extend financial support by providing initial capital and subsequent phased investments contingent upon the business's progress. Additionally, the Company will assist Hangzhou Qianhui with broadening its cooperation with local governments, securing venue resources, and optimizing its supply chain.
Hangzhou Qianhui will be responsible for executing the business operations, encompassing the procurement and self-construction of e-charging stations, as well as managing the charging platform. Hangzhou Qianhui is also tasked with ensuring the stability of the charging platform and developing value-added functionalities, such as advertising systems and user data analysis.
Business Model and Revenue Sharing
The cooperative relationship is structured on a clear delineation of responsibilities. The Company will offer financial resource, while Hangzhou Qianhui will handle technological and operational aspects of developing two-wheeled e-charging infrastructure. The Company can determine its equity interests based on its financial contributions and Hangzhou Qianhui.’s performance outcomes. Hangzhou Qianhui has pledged to meet the Company’s expectations regarding the payback period for individual e-charging stations.
Revenues will be distributed in accordance with actual performance and equity ratios, allowing both parties to share in the net profits generated by the e-charging business. The cooperative agreement between the Company and Hangzhou Qianhui may be further amended through supplementary agreements or mutual agreement between the parties.
Commitment to Innovation and Growth
This cooperative relationship signifies a budding step for both entities in their quest for innovation and growth in the urban transportation systems. By leveraging the Company’s financial resource and Hangzhou Qianhui.’s technical and operational expertise, the partnership aims to establish a more efficient and sustainable e-charging infrastructure that serves the interests of consumers and the environment alike.
"We are thrilled to enter into this cooperative relationship with Hangzhou Qianhui to propel the advancement of the two-wheeled e-charging business," stated Bin Lu, spokesperson for the Company. "This collaboration will not only reinforce our position in the smart parking and e-charging market but also support the broader objective of advocating for green transportation solutions."
About Huachen AI Parking Management Technology Holding Co., Ltd
Huachen AI Parking Management Technology Holding Co., Ltd is a Cayman Islands holding company with no operation on its own. The Company consolidates the financial results of its subsidiaries. We are a comprehensive smart parking solutions and equipment structural parts provider and conduct all our operations through our operating subsidiaries in China. The operating subsidiaries provide customized parking solutions to optimize efficiency in limited parking spaces, covering smart cubic parking garage design, cubic parking equipment manufacturing, sales, installation, and maintenance. To cater the customers ‘different parking needs, we manufacture and offer various cubic parking garage products by employing various working principles, such as lifting and shifting, convenient lifting, vertical circulation, vertical lifting, plane moving, alley stacking, multi-layer cycle, horizontal cycle, and car lift. Moreover, the operating subsidiaries offer design, repair, and maintenance services to ensure the continued functionality of our parking solutions.
About Hangzhou Qianhui Electric Technology Co., Ltd.
Hangzhou Qianhui Electric Technology Co., Ltd. was established on August 5, 2024, and is located in Yuhang District, Hangzhou City, Zhejiang Province. The company is dedicated to providing comprehensive technical services, focusing on new energy technology research and development, electric charging pile sales and operations, Internet of Things (IoT) technology research and development, as well as equipment sales and advertising design and publishing. Hangzhou Qianhui Electric Technology boasts a professional R&D team, continuously driving technological innovation and service optimization.
For further information about Huachen AI Parking Management Technology Holding Co., Ltd, please contact:
Company Info:
Huachen AI Parking Management Technology Holding Co., Ltd
Alan Li
Mobile: +852-95791074
FAQ
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