Huachen AI Parking Announces 1-for-20 Reverse Stock Split Effective Oct. 23, 2026

• Huachen AI Parking will implement a 1-for-20 reverse stock split of Class A and Class B ordinary shares effective October 23, 2026.
• Class A ordinary shares will begin split-adjusted trading on the Nasdaq Capital Market on October 23 under the existing ticker HCAI.
• Outstanding Class A ordinary shares will fall from 10,379,942 to approximately 518,997.
• Outstanding Class B ordinary shares will decline from 533,334 to 26,667, subject to rounding up fractional shares.
• The reverse split aims to help regain compliance with Nasdaq's minimum bid price requirement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Huachen Ai Parking Management Technology Holding Co. Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610210800PRIMZONEFULLFEED9849880) on October 21, 2026, and is solely responsible for the information contained therein.