STOCK TITAN

Huachen AI Parking signs China EV parts framework

Huachen AI Parking signs a non-exclusive framework with Beyinda to explore China precision metal component opportunities, but with no minimum commitments or agreed revenue terms.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Huachen AI Parking Management Technology Holding Co., Ltd (HCAI) entered into a non-exclusive strategic cooperation framework agreement with Hong Kong-based Beyinda Limited, a manufacturer of metal structural components, to help expand Beyinda’s precision metal components sales in mainland China across new energy vehicle, charging infrastructure, energy storage and other industrial applications.

The arrangement is a high-level framework only: it creates no minimum purchase or sales commitments, and key commercial terms such as product quantities, pricing, delivery, payment, revenue sharing, commissions and other compensation will be set, if at all, in future specific orders or transaction documents. Huachen states there is no assurance that any such orders will be entered into or that the cooperation will generate revenue, positioning this as an order-driven opportunity rather than a committed revenue source.

Positive

  • None.

Negative

  • None.
Commission File Number 001-42505 Huachen AI Parking Management Technology Holding Co., Ltd SEC registration reference
Agreement announcement date September 9, 2026 Date Huachen announced the strategic cooperation with Beyinda Limited
Form 6-K signature date September 11, 2026 Date the report was signed by the Chief Executive Officer
strategic cooperation framework agreement financial
"entered into a strategic cooperation framework agreement with Beyinda"
non-exclusive financial
"The cooperation is non-exclusive."
Non-exclusive describes an arrangement where a party keeps the right to work with others or grant the same rights to multiple partners, rather than giving a sole or exclusive right. For investors, non-exclusive deals can speed distribution and reduce reliance on one counterparty, but may limit upside and strategic control because the same product, service or right can be sold or licensed to others.
forward-looking statements regulatory
"This press release contains 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.
order-driven approach financial
"while maintaining a disciplined, order-driven approach to execution."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did HCAI announce in this Form 6-K?

Huachen AI Parking Management Technology Holding Co., Ltd. entered a non-exclusive strategic cooperation framework agreement with Beyinda Limited to help expand Beyinda’s precision metal components sales in mainland China across sectors such as new energy vehicles, charging infrastructure, energy storage and other industrial applications.

Does the Huachen (HCAI) and Beyinda agreement include minimum purchase or sales commitments?

No. Huachen states the framework agreement does not include any minimum purchase or sales commitments. All product specifications, quantities, pricing, delivery, payment and other commercial terms will be set only in future specific orders or transaction documents, if any are entered into.

How will Huachen (HCAI) and Beyinda share revenue or commissions under this cooperation?

Huachen discloses that no revenue-sharing, pricing, commission or other compensation terms have been agreed under the framework agreement. The company’s economic interest will depend on the terms of any future specific orders or transaction documents that may be signed.

Could this strategic cooperation with Beyinda generate revenue for HCAI?

Huachen explicitly notes there can be no assurance the cooperation will generate revenue. Any revenue would depend on whether specific orders or other transaction documents are later entered into and the terms of those arrangements, which are not currently in place.

What roles will Huachen (HCAI) and Beyinda play under the framework agreement?

Huachen will focus on market development, customer introductions, commercial negotiation support, brand promotion and after-sales coordination in mainland China. Beyinda will handle product manufacturing, quality assurance and delivery according to terms set in any specific orders between the parties.

Is the cooperation between Huachen (HCAI) and Beyinda exclusive?

No. Huachen clarifies that the cooperation is non-exclusive. Both parties remain free to engage in similar arrangements with other partners, and the framework is described as an order-driven structure rather than a sole-partner commitment.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

 

 

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 September 2026

 

Commission File Number: 001-42505

 

Huachen AI Parking Management Technology Holding Co., Ltd

(Translation of registrant’s name into English)

 

No. 6395 Hutai Road
Baoshan District, Shanghai, China
(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

 

 

 

 

 

 

On September 9, 2026, Huachen AI Parking Management Technology Holding Co., Ltd (the “Company”) published a press release titled “Huachen AI Parking Management Technology Holding Co., Ltd Announces Strategic Cooperation with Beyinda Limited to Expand Precision Metal Components Market in China”. A copy of the press release is furnished as Exhibit 99.1 to this Report on Form 6-K and is incorporated herein by reference. 

 

Exhibits.

 

The following exhibits are being filed herewith:

 

Exhibit No.   Description
99.1   Press Release, dated September 9, 2026, titled “Huachen AI Parking Management Technology Holding Co., Ltd. Announces Strategic Cooperation with Beyinda Limited to Expand Precision Metal Components Market in China”

 

1

 

 

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.

 

Date: September 11, 2026 Huachen AI Parking Management Technology Holding Co., Ltd
   
  By: /s/ Bin Lu
  Name:  Bin Lu
  Title: Chief Executive Officer

 

 

2

 

 

Exhibit 99.1

 

Huachen AI Parking Management Technology Holding Co., Ltd. Announces Strategic Cooperation with Beyinda Limited to Expand Precision Metal Components Market in China

 

Framework agreement combines Huachen’s market development capabilities with Beyinda’s manufacturing expertise across new energy vehicle, charging infrastructure, energy storage and other industrial applications

 

Shanghai, China, September 9, 2026, Huachen AI Parking Management Technology Holding Co., Ltd. (NASDAQ: HCAI, “Huachen” or the “Company”), a China-based smart-parking and equipment-structural-parts provider in China, today announced that it has entered into a strategic cooperation framework agreement (the “Agreement”) with Beyinda Limited (“Beyinda”), a company established in Hong Kong and engaged in the manufacture of metal structural component products.

 

Strategic Cooperation Framework

 

Under the Agreement, Huachen will leverage its market channels, customer resources and business development capabilities to assist Beyinda in expanding sales of its products in mainland China. The cooperation is expected to include market development and customer introductions, support for commercial negotiations, brand promotion, after-sales service coordination and other matters that the parties may agree to in writing.

 

Beyinda will be responsible for product manufacturing, quality assurance and delivery in accordance with specific orders. The cooperation is non-exclusive. The Agreement serves as a framework arrangement and does not constitute a minimum purchase or sales commitment; product specifications, quantities, pricing, delivery, payment and other commercial terms will be determined separately in specific orders or other transaction documents.

 

No revenue-sharing, pricing, commission, or other compensation terms have been agreed between the parties under the Agreement. Huachen’s economic interest in the cooperation will be determined by the terms of specific orders or other transaction documents, if any, that the parties may enter into in the future. There can be no assurance that any such orders will be entered into or that the cooperation will generate revenue for the Company.

 

Target Markets and Applications

 

Beyinda’s product portfolio includes precision metal structural components, sheet metal components, machined parts and welded structural components. These products may serve a range of industrial sectors, including:

 

New energy vehicles

 

Charging infrastructure

 

Energy storage equipment

 

Other industrial applications

 

 

 

The Company believes the cooperation provides an opportunity to further connect its customer and market development resources with Beyinda’s manufacturing, technical and production capabilities. The arrangement may also broaden while broadening Huachen’s participation in industrial structural component applications serving China’s new energy and advanced manufacturing sectors.

 

Management Commentary

 

“This strategic cooperation is consistent with our efforts to expand the applications and customer reach of our precision structural parts business,” said the Company. “By combining Huachen’s market development capabilities with Beyinda’s manufacturing expertise, we aim to explore additional commercial opportunities across new energy vehicles, charging infrastructure, energy storage and other industrial markets, while maintaining a disciplined, order-driven approach to execution.”

 

About Huachen AI Parking Management Technology Holding Co., Ltd.

 

Huachen AI Parking Management Technology Holding Co., Ltd. is a China-based, one-stop provider of smart-parking systems and precision structural parts. Through our operating subsidiaries we design, manufacture, install and service space-saving cubic parking garages—tailored to each client’s needs with technologies such as vertical lifting and multi-layer cycling—while also supplying custom steel components and railroad accessories to industrial customers nationwide.

 

Forward-Looking Statements

 

This press release contains 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 other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” “continue” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the “Risk Factors” section of the Company’s most recent annual report filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

 

For further information about Huachen, please contact:

 

Huachen AI Parking Management Technology Holding Co., Ltd

 

Alan Li: ir@huachenai.com

 

Mobile: +852-95791074

 

 

 

 

 

Filing Exhibits & Attachments

1 document

Keep reading