Earnings ·
Huachen AI reports $51K net income for H1 2026; executes 1-for-30 reverse stock split
HCAIHuachen AI Parking Management Technology Holding Co., Ltd
Huachen AI Parking Management Technology Holding Co., Ltd filed its Unaudited Interim Condensed Consolidated Financial Statements and Management’s Discussion and Analysis for the six months ended June 30, 2026. The company reported revenue of $2,473,192 from equipment structural parts sales, generating a gross profit of $1,003,892 and net income of $51,273. Earnings per share were $0.04. The filing details the deconsolidation of discontinued operations following the December 2025 sale of Hua Chen Intelligent Technology Co., Limited for $50,000. Additionally, the company executed a 1-for-30 reverse stock split effective April 13, 2026, reducing Class A shares to approximately 629,942 and Class B shares to approximately 533,334. The company operates in the parking management technology industry.