Huachen AI Parking Management Technology Holding Co., Ltd

Huachen Cayman is a holding company incorporated on September 30, 2021, under the laws of the Cayman Islands, and is not actively engaging in any business. Its corporate structure includes several subsidiaries. Yu He Chuang Co., Ltd ("YHC HK") was incorporated on April 1, 2025, in Hong Kong, and is a wholly-owned holding company of Huachen Cayman, also not actively engaging in business. Chuang Yu He (Shanghai) Industrial Co., Ltd. ("CYH Shanghai") was incorporated on June 12, 2025, in the PRC, is a wholly-owned subsidiary of YHC HK, and currently has no operations. Hangzhou Zhihuichong Technology Co., Ltd. ("Hangzhou ZHC") was incorporated on November 20, 2025, in the PRC, is a wholly-owned subsidiary of CYH Shanghai, and focuses on the development and operation of charging infrastructure and operating platforms for new-energy two-wheeled vehicles and electric vehicles. Jiaxing Xuchen Technology Co., Ltd. ("Jiaxing XC") was incorporated on September 9, 2025, in the PRC, is a wholly-owned subsidiary of CYH Shanghai, and sells equipment structures and metal products. Additionally, Huachen HK was incorporated on December 22, 2021, in Hong Kong, is a wholly-owned holding company of Huachen Cayman, and is not actively engaging in business. Hua Chen WFOE was incorporated on October 18, 2022, in the PRC, is a wholly-owned subsidiary of Huachen HK, and currently has no operations.