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Park Ha Biological (NASDAQ: BYAH) in AI beauty pact with Cloud Factory

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(Neutral)
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(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Park Ha Biological Technology Co., Ltd. has entered a comprehensive strategic partnership with Hong Kong–listed Cloud Factory Technology Holdings Limited to build an AI-driven ecosystem for the beauty industry. The collaboration aims to address offline beauty chains’ challenges such as uneven customer flows, repetitive back-office work and manual inventory management.

Cloud Factory contributes Internet Data Center, edge computing and large-scale AI model capabilities, while Park Ha Biological brings skincare product expertise and franchise operations experience. The partners plan a vertical smart system to enhance organizational efficiency, optimize store space use, and implement AI-powered supply chain and inventory tools. In pilot implementations, backend operational efficiency is expected to increase by up to 1.5 times, supporting a shift from expansion-led growth to data-driven, intelligent and lean operations across Park Ha’s network of directly operated stores and franchisees.

Positive

  • None.

Negative

  • None.
Backend efficiency uplift up to 1.5 times Expected boost in backend operational efficiency in pilot implementations
Directly operated stores 5 stores As of October 31, 2025 in China
Franchisees 22 franchisees As of October 31, 2025 in China
Company founding year 2016 Year Park Ha Biological Technology Co., Ltd. was established
strategic partnership financial
"announced that the Company has established a comprehensive strategic partnership with Cloud Factory"
An agreement between two or more independent companies to work together on specific goals—such as developing products, entering new markets, or sharing technology—while each company keeps its own identity. For investors, a strategic partnership can be like neighboring shops pooling resources to attract more customers: it can speed growth, lower costs or risks, and change a company’s future revenue or competitive position, so announcements often affect stock expectations.
AI-driven ecosystem technical
"jointly develop a specialized AI-driven ecosystem tailored for the beauty industry"
A network of products, services, data and partners built around artificial intelligence that work together to automate tasks, generate insights and improve over time. Like a city where public transit, utilities and businesses feed each other, an AI-driven ecosystem matters to investors because it can create recurring revenue, reduce costs and build a competitive lock-in from unique data and integrations—factors that can boost growth and profit durability.
Internet Data Center (IDC) technical
"an integrated technology provider spanning Internet Data Center (IDC) solutions, edge computing, and large-scale AI model adaptation platforms"
An internet data center (IDC) is a physical facility that houses computers, networking gear, power systems and cooling to store, process and move large amounts of digital information. For investors, an IDC matters because it is the backbone of online services—its capacity, reliability, energy efficiency and location affect a company’s ability to deliver products, control costs and scale revenue, much like a warehouse or power plant supports physical businesses.
edge computing technical
"spanning Internet Data Center (IDC) solutions, edge computing, and large-scale AI model adaptation platforms"
Edge computing is a technology that processes data close to where it is generated, such as sensors or devices, rather than sending it all to a distant central location. This allows for faster decision-making and reduces delays, much like having a local office handle urgent matters instead of waiting for instructions from a main headquarters. For investors, it signifies improved efficiency and real-time insights, which can enhance the performance of technology-dependent industries.
inventory turnover efficiency financial
"perform intelligent dynamic allocation, significantly enhancing overall inventory turnover efficiency while effectively reducing stock buildup"
forward-looking statements regulatory
"Certain statements in this announcement are forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
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Form 6-K: How Foreign Companies Report to the SEC →

 

 

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 June 2026

 

Commission File Number: 001-42453

 

Park Ha Biological Technology Co., Ltd.

 

901 & 901-2, Building C

Phase 2, Wuxi International Life Science Innovation Campus

196 Jinghui East Road

Xinwu District, Wuxi, Jiangsu Province

People’s Republic of China 214000

(Address of principal executive office)

 

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 ☐

 

 

 

 

 

 

Information Contained in this Form 6-K Report

 

Entry Into Strategic Partnership with Cloud Factory Technology Holdings Limited (02512.HK)

 

On June 23, 2026, Park Ha Biological Technology Co., Ltd. (the “Registrant”) announced that it had entered into a comprehensive strategic partnership with Cloud Factory Technology Holdings Limited (02512.HK), a company listed on The Stock Exchange of Hong Kong.

 

The partnership is intended to jointly develop a specialized AI-driven ecosystem tailored for the beauty industry, leveraging cross-domain technological collaboration to transcend traditional growth limitations in the sector and usher in a new era of AI-powered and lean operations. The collaboration spans multiple areas, including organizational efficiency enhancement, store space utilization optimization, and AI-powered supply chain and inventory management improvements.

 

The foregoing description is qualified in its entirety by the press release attached as Exhibit 99.1 to this Form 6-K.

 

Issuance of Press Release

 

On June 23, 2026, the Registrant issued a press release announcing the strategic partnership described above. A copy of the press release is attached hereto as Exhibit 99.1.

 

Forward Looking Statements

 

Matters discussed in this report may constitute forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are not historical facts. Words such as “believes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or similar expressions identify forward-looking statements. The forward-looking statements in this report are based upon various assumptions. Although the Registrant believes that these assumptions were reasonable when made, they are inherently subject to significant uncertainties and contingencies that are difficult or impossible to predict and are beyond the Registrant’s control, the Registrant cannot assure you that it will achieve or accomplish these expectations. Actual results may differ materially from those anticipated. The Registrant undertakes no obligation to update or revise any forward-looking statements, except as required by law.

 

1

 

 

EXHIBIT INDEX

 

The following exhibit is being filed herewith:

 

Exhibit No.   Description
99.1   Press release of the Company dated June 23, 2026

 

2

 

 

SIGNATURES

 

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.

 

  Park Ha Biological Technology Co., Ltd.
     
Date: June 23, 2026 By: /s/ Xiaoqiu Zhang
  Name:  Xiaoqiu Zhang
  Title: Chief Executive Officer, Chairperson of the Board of Directors

 

3

 

Exhibit 99.1

 

Park Ha Biological Technology Co., Ltd. announces strategic partnership with Cloud Factory Technology Holdings Limited (02512.HK) to build an AI-driven ecosystem for the beauty industry.

 

Wuxi, China, June 23, 2026 (GLOBE NEWSWIRE) -- Park Ha Biological Technology Co., Ltd. (NASDAQ: BYAH) (“Park Ha Biological” or the “Company”) announced that the Company has established a comprehensive strategic partnership with Cloud Factory Technology Holdings Limited (02512.HK), a company listed on The Stock Exchange of Hong Kong (“Cloud Factory”). The two parties will jointly develop a specialized AI-driven ecosystem tailored for the beauty industry, leveraging cross-domain technological collaboration to transcend traditional growth limitations in the sector and usher in a new era of AI-powered, lean operations.

 

The traditional offline beauty business model has long faced widespread operational challenges, including uneven customer distribution, excessive repetitive back-office tasks, and inventory management relying heavily on manual expertise. Relying solely on expanding new stores has progressively limited room for operational improvement. This collaboration aims to leverage AI computing capabilities to integrate accumulated brand operational data, implement digital operational tools, and enhance the efficiency of human and spatial resource utilization at both headquarters and store levels in a phased manner.

 

As an integrated technology provider spanning Internet Data Center (IDC) solutions, edge computing, and large-scale AI model adaptation platforms, Cloud Factory boasts extensive technical expertise and robust industry deployment capabilities. Leveraging its solid industrial technological foundation, the company has established long-term, stable, and deep collaborative partnerships with leading enterprises such as AMD and MetaX. Park Ha Biological, for its part, contributes deep domain expertise in skincare product development, franchise operations, and customer lifecycle management. By leveraging the complementary core strengths of both parties, the newly implemented vertical smart system for the beauty industry will achieve a comprehensive intelligent transformation of the brand management framework through two key dimensions: enhancing organizational efficiency and innovating store space utilization efficiency.

 

To enhance organizational efficiency, the system leverages intelligent data analytics, automated content generation, and smart research/reporting frameworks to eliminate extensive repetitive tasks. This is expected to boost backend operational efficiency in planning, operations, and marketing by up to 1.5 times in pilot implementations, enabling core teams to focus on high-value initiatives such as strategic planning, brand evolution, and system development, thereby optimizing talent allocation and decision-making speed.

 

Moving from back-office to front-of-house operations, in terms of store space efficiency optimization, leveraging big data analysis of customer traffic and intelligent scheduling algorithms, the system dynamically generates reference solutions for appointment management and staff shift optimization, helping stores balance reception arrangements across different time periods and mitigate resource underutilization during operating hours.

 

Beyond store-level optimization, the system also addresses supply chain and asset efficiency at a broader scale. At the supply chain and asset efficiency level, the AI-powered inventory system leverages real-time consumption data from retail outlets to accurately forecast demand and perform intelligent dynamic allocation, significantly enhancing overall inventory turnover efficiency while effectively reducing stock buildup, minimizing capital tie-up, and freeing up warehouse space in stores. Furthermore, by fully leveraging customer value throughout their lifecycle, it provides precise support across the entire customer journey—from acquisition and retention to order upselling and repeat purchases—achieving the lean operational goal of “maintaining current physical space while continuously boosting per-store revenue.”

 

This strategic collaboration marks a pivotal milestone for Park Ha Biological in transitioning from traditional “scale expansion-driven growth” to “data-driven, intelligent, and lean operational growth.” Moving forward, the Company will continue leveraging AI technology as its core growth engine, deeply integrating Cloud Factory’s smart manufacturing and supply chain capabilities, while continuously optimizing service standards, refining business models, enhancing user experience, and strengthening industry competitiveness. Amid the wave of digital transformation in the beauty sector, Park Ha Biological is committed to achieving sustainable, stable, and high-quality growth driven by technological innovation.

 

 

 

About Park Ha Biological Technology Co., Ltd.

 

Established in 2016, Park Ha Biological Technology Co., Ltd. is primarily engaged in developing its private skincare label, direct skincare product sales and franchise promotion under the proprietary brand “Park Ha”, with a commitment to providing cost-effective solutions to skin problems and improving the confidence of women in need of skin treatment. As of October 31, 2025, the Company has five directly operated stores and 22 franchisees in China. As part of its value-added service for the products, the Company offers “light beauty experience”, a quick complimentary after-sales beauty service performed in the directly operated stores and franchise stores. For more information, please visit the Company’s website: http://ir.parkha.cn/.   

 

Forward-Looking Statements

 

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events 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 in this announcement. 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 more information, please contact:

 

Park Ha Biological Technology Co., Ltd.

901 & 901-2, Building C

Phase 2, Wuxi International Life Science Innovation Campus

196 Jinghui East Road

Xinwu District, Wuxi, Jiangsu Province

People’s Republic of China 214000

 

ir_parkha@163.com

 

 

 

Source: View Original Filing on SEC EDGAR

FAQ

What strategic partnership did Park Ha Biological (BYAH) announce?

Park Ha Biological announced a comprehensive strategic partnership with Cloud Factory Technology Holdings Limited to develop an AI-driven ecosystem for the beauty industry, focusing on smarter operations, store utilization and supply chain management to modernize its traditional offline beauty business model.

How will AI be used in Park Ha Biological and Cloud Factory’s beauty ecosystem?

The partnership plans to use AI computing to integrate brand data, automate content and reporting, optimize staff scheduling and store space, and power an inventory system that forecasts demand, reallocates stock and improves inventory turnover efficiency across Park Ha Biological’s beauty network.

What efficiency gains does Park Ha Biological expect from the new AI system?

In pilot implementations, the vertical smart system is expected to boost backend operational efficiency in planning, operations and marketing by up to 1.5 times, helping reduce repetitive tasks so core teams can focus on higher-value strategic, branding and system development work.

What roles do Park Ha Biological and Cloud Factory each play in the partnership?

Cloud Factory provides technology capabilities in Internet Data Centers, edge computing and large-scale AI model platforms, while Park Ha Biological contributes skincare product development, franchise operations knowledge and customer lifecycle management to build a vertically integrated smart beauty operations system.

How many stores does Park Ha Biological operate and franchise?

As of October 31, 2025, Park Ha Biological operated five directly managed stores and worked with 22 franchisees in China, using these locations to sell proprietary “Park Ha” skincare products and offer complimentary light beauty experience services alongside its planned AI-driven operational upgrades.

What growth strategy shift does this partnership represent for Park Ha Biological?

The collaboration marks a shift from relying mainly on scale expansion toward data-driven, intelligent and lean operational growth, using AI tools and Cloud Factory’s smart manufacturing and supply chain capabilities to improve per-store revenue without necessarily increasing the company’s existing physical store footprint.

Filing Exhibits & Attachments

1 document

Press Releases