HCAI · Hauchen AI Parking Management Technology Holding Co., Ltd.

This filing resolves a material regulatory compliance matter concerning the Company’s continued listing on The Nasdaq Stock Market. After falling below the $1.00 minimum bid price threshold for 30 consecutive business days, the Company entered a formal compliance process with Nasdaq — first receiving a notification in August 2025, then an initial 180-day grace period, and ultimately a second 180-day extension when compliance was not achieved by February 2, 2026. The successful restoration of compliance — verified by Nasdaq on April 28, 2026, based on 11 consecutive business days of $1.00+ closing bids — eliminates near-term delisting risk tied specifically to the bid price rule. While no trading suspension or delisting action occurred during the non-compliance period, sustained failure would have triggered mandatory delisting procedures under Nasdaq rules. The resolution strengthens listing stability and investor confidence in the Company’s ability to maintain exchange eligibility, though it does not address underlying operational or market capitalization concerns that may affect share price sustainability.