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Founder of Autozi (AZI) commits up to $30M in personal share purchases

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Autozi Internet Technology (Global) Ltd. reports that founder and controlling shareholder Dr. Zhang Houqi has committed to purchase between USD 10 million and USD 30 million of Autozi shares over the next 12 months at USD 5 per share using personal funds. This planned share increase signals his confidence in the company’s long-term growth and supports execution of Autozi’s three-year strategy.

The company recently resolved earlier Nasdaq compliance issues and received a Nasdaq compliance notice on January 14, 2026, which led to cancellation of a delisting hearing. Autozi’s strategy focuses on turning to profit, expanding its nationwide auto parts supply chain platform in China, and building an international SPV-based digital supply chain network, leveraging annual GMV above RMB 10 billion and service to more than 100,000 repair shops.

Positive

  • Founder’s USD 10–30 million share purchase plan: Dr. Zhang commits personal funds to buy Autozi shares at USD 5 over 12 months, signaling strong insider confidence in the company’s long-term strategy.
  • Nasdaq compliance and delisting risk removed: Autozi reports receiving a Nasdaq compliance notice on January 14, 2026, leading to cancellation of a planned delisting hearing and preserving its U.S. listing.

Negative

  • None.

Insights

Large insider share purchase plan and restored Nasdaq compliance are meaningfully supportive developments.

Dr. Zhang’s plan to buy between USD 10 million and USD 30 million of Autozi shares at USD 5 per share is a sizable personal capital commitment. Because he is founder, controlling shareholder, and chairman, this explicitly ties his own capital to the company’s strategic plan and future performance.

The company also reports resolving Nasdaq listing deficiencies, receiving a compliance notice on January 14, 2026 and cancelation of a delisting hearing set for January 22, 2026. That removes an immediate listing risk and stabilizes the company’s U.S. capital markets footing, which can matter for liquidity and access to equity financing.

Strategically, Autozi outlines a three-year framework around profit transformation, deeper penetration of China’s automotive maintenance parts market, and international expansion via an SPV-based digital supply chain. The disclosed scale of operations—annual GMV above RMB 10 billion and more than 100,000 repair shops served—provides context for those ambitions, while execution will be the key driver of future outcomes.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of January 2026

 

Commission File Number: 001-42255

 

Autozi Internet Technology (Global) Ltd.

(Exact name of registrant as specified in its charter)

 

Building B09

Intelligence Park No. 26 Yongtaizhuang North Road

Haidian District, Beijing, China

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

 

Exhibits

 

Exhibit No.   Description
99.1   Press Release

 

 

 

 

Signature

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Autozi Internet Technology (Global) Ltd.
     
  By: /s/ Houqi Zhang
  Name: Houqi Zhang
  Title: CEO and Chairman of the Board

 

Date: January 29, 2026

 

 

 

 

Exhibit 99.1

 

Autozi Controlling Shareholder Announces Plan to Invest Up to USD 30 Million in Share Purchase at USD 5 Per Share, Reaffirming Confidence in Future Growth

 

Beijing, January 28, 2026 /PR Newswire/ — Autozi (Stock Code: AZI), a leading operator of cloud-based supply chain platforms for China’s automotive industry, announced today that its board of directors has received a Share Increase Commitment Letter from Dr. Zhang Houqi, the company’s founder, controlling shareholder, and chairman. According to the letter, Dr. Zhang plans to purchase Autozi shares incrementally over the next 12 months at USD 5 per share, using personal funds totaling between USD 10 million and USD 30 million. This move demonstrates his firm confidence in the company’s long-term development and will help accelerate the execution of Autozi’s three-year strategic plan.

 

As the only Nasdaq-listed company in China’s auto parts industrial internet sector, Autozi has faced multiple challenges in the U.S. capital market since its listing. Its share price once fell to just a few cents, and the company entered Nasdaq’s delisting hearing process due to non-compliance with minimum public float and share price requirements—an episode that drew considerable industry attention. The situation largely resulted from limited familiarity with U.S. market regulations and insufficient experience in managing post-IPO capital market pressures.

 

Confronted with these difficulties, the Autozi team acted swiftly. Leveraging its long-established strengths in platform, data, and finance, along with mature operational expertise, the company implemented a series of corrective measures. It successfully addressed the compliance issues related to its listing status and, on January 14, 2026, formally received a Nasdaq compliance notice. Consequently, the delisting hearing originally scheduled for January 22 was canceled, eliminating the risk of delisting and clearing the path for the company’s strategic advancement.

 

While navigating the delisting crisis, Autozi—firmly positioned in China’s multi-billion-dollar automotive aftermarket—reorganized and unveiled its three-year strategic framework: “Turn to Profit, Deepen in China, Expand Overseas.” The strategy outlines three core pillars:

 

Profit Transformation Initiative: Drive comprehensive corporate transformation, focus on improving quality and efficiency in core businesses, accelerate the path to profitability and positive cash flow, and solidify the asset-light, operations-intensive platform model.

 

Domestic Market Expansion: Concentrate on the automotive maintenance parts segment, acquire and integrate high-quality regional parts supply chain service providers across 30 provinces and municipalities, and build China’s first nationwide maintenance parts supply chain platform. This will be supported by an industry-leading database covering over 100,000 vehicle models and 10 million+ part SKUs.

 

 

 

 

Overseas Business Breakthrough: Enter the international market through the special purpose vehicle (SPV) business, establish a digital cross-border supply chain platform, integrate global regional supply chain resources, build a worldwide SPV distribution network within three years, and replicate the company’s proven domestic digital supply chain model abroad.

 

Founded in 2010 by Dr. Zhang Houqi, former Global Vice President of Lenovo Group, Autozi has built a full-industry-chain ecosystem spanning auto parts supply, vehicle supply, and insurance services over 15 years of industry immersion. The company serves more than 100,000 repair shops, records annual GMV exceeding RMB 10 billion, and has accumulated deep industrial expertise and digital capabilities. Following the release of its three-year strategy, Autozi has received positive feedback from industry partners and strategic investors. Dr. Zhang’s share purchase plan serves as a strong personal endorsement of the company’s strategic direction.

 

Forward-Looking Statements

 

Certain statements in this announcement are forward-looking statements, including, but not limited to, the Company’s proposed offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

 

For investor and media inquiries, please contact:

 

Autozi Internet Technology (Global) Ltd.

Mr. Jiabing Song

Email: boardoffice@autozi.com

 

 

 

FAQ

What insider share purchase plan did Autozi (AZI) announce?

Autozi announced that founder and controlling shareholder Dr. Zhang Houqi plans to buy shares using personal funds totaling USD 10–30 million at USD 5 per share over the next 12 months, reflecting confidence in the company’s long-term growth and three-year strategy.

How did Autozi (AZI) resolve its Nasdaq listing compliance issues?

Autozi reports it addressed Nasdaq non-compliance related to minimum public float and share price. The company received a Nasdaq compliance notice on January 14, 2026, and a delisting hearing scheduled for January 22, 2026, was canceled, removing the immediate delisting risk.

What is Autozi’s three-year strategic plan described in the 6-K?

Autozi outlines a three-year strategy built on three pillars: a Profit Transformation Initiative, Domestic Market Expansion in China’s automotive maintenance parts sector, and an Overseas Business Breakthrough via an SPV-based digital cross-border supply chain and global distribution network.

What scale of operations does Autozi (AZI) currently report?

Autozi states it serves more than 100,000 repair shops and records annual GMV exceeding RMB 10 billion. It has an industry database covering over 100,000 vehicle models and 10 million+ part SKUs, supporting its cloud-based auto parts supply chain platforms.

How does Dr. Zhang’s share purchase plan relate to Autozi’s growth strategy?

The company links Dr. Zhang’s USD 10–30 million share purchase plan to his strong personal endorsement of Autozi’s three-year strategy. Management states the commitment will help accelerate execution of initiatives to turn to profit, deepen presence in China, and expand overseas.

What markets and business lines is Autozi (AZI) focusing on?

Autozi focuses on China’s multi-billion-dollar automotive aftermarket, emphasizing automotive maintenance parts supply chains. It also plans to expand internationally via an SPV-based digital cross-border supply chain, integrating regional resources to build a global SPV distribution network within three years.
Autozi Internet Technology (Global) Ltd.

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