{"url_path":"/sec/hcai/10-k/2026/item-7","section_key":"item-7","section_title":"Item 7 Major Shareholders and Related Party Transactions**","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-05-13","source_url":"https://www.sec.gov/Archives/edgar/data/1958399/0001213900-26-055775-index.html","accession_number":"0001213900-26-055775","cik":"0001958399","ticker":"HCAI","issuer_name":"Huachen AI Parking Management Technology Holding Co., Ltd","edgar_url":"https://www.sec.gov/Archives/edgar/data/1958399/0001213900-26-055775-index.html","primary_entity_key":"0001958399","primary_entity_name":"Huachen AI Parking Management Technology Holding Co., Ltd"},"word_count":873,"has_tables":true,"body_markdown":"**Item\n7. Major Shareholders and Related Party Transactions**\n\n \n\n**7.A. Major Shareholders**\n\n \n\nPlease\nrefer to “Item 6. Directors, Senior Management and Employees — 6.E. Share Ownership.”\n\n** **\n\n**7.B. Related Party Transactions**\n\n \n\n**Terms of Directors\nand Officers**\n\n \n\nSee “Item 6. Directors,\nSenior Management and Employees—6.C. Board Practices—Terms of Directors and Officers.”\n\n** **\n\n**Employment Agreements\nand Indemnification Agreements**\n\n \n\nSee “Item 6. Directors,\nSenior Management and Employees—6.B. Compensation—Employment Agreements and Indemnification Agreements.”\n\n \n\n**Other Related Party\nTransactions-Continuing Operations**\n\n \n\nThe table below sets forth\nthe major related parties and their relationships with the Company from continuing operations for the fiscal year ended December 31, 2025,\n2024 and 2023, and as of the date of this annual report:\n\n \n\nDue from related party consists\nof the following:\n\n \n\nName \nRelated party relationship \nDecember 31,\n2025  \nDecember 31,\n2024  \nDecember 31,\n2023 \n\nZhejiang TD Parking \n         \n 4,779,184  \n          -  \n                - \n\nTotal due from related party \n  \n$4,779,184  \n$-  \n$- \n\n \n\n74\n\n \n\nDue to related parties consists\nof the following:\n\n \n\nName \nRelated party relationship \nDecember 31,\n2025  \nDecember 31,\n2024  \nDecember 31,\n2023 \n\n  \n  \n   \n   \n  \n\nGuowei Xie \nDirector of Jiaxing XC and CYH Shanghai \n 19,728  \n$-  \n$        - \n\nChenjie Hong \nDirector of Hangzhou ZHC \n 1,859  \n -  \n - \n\nBin Lu \nPrincipal shareholder, Director, Juridical person \n -  \n 1,440  \n - \n\nTotal due to related parties \n  \n$21,587  \n$1,440  \n$- \n\n \n\n**Other Related Party\nTransactions-Discontinued Operations**\n\n \n\nThe table below sets forth\nthe major related parties and their relationships with the Company from discontinued operations for the fiscal year ended December 31,\n2025, 2024 and 2023, and as of the date of this annual report:\n\n \n\nDue from related parties consists\nof the following:\n\n \n\nName \nRelated party relationship \nDecember 31,\n2025  \nDecember 31,\n2024  \nDecember 31,\n2023 \n\nZhaohui Chen \nDirector of Shanghai TD Manufacturing \n            -  \n 9,962  \n 13,354 \n\nYun Zhang \nDirector of Shanghai TD Installation \n -  \n 548  \n 4,207 \n\nQi Qin \nSupervisor of Shanghai TD Manufacturing in 2021 \n -  \n 4,795  \n 5,365 \n\nShanghai Muling Industry Co., LTD \nAn entity controlled by Jiling Cheng \n -  \n 1,189,492  \n 1,399,282 \n\nBin Lu \nPrincipal shareholder, Director, Juridical person \n -  \n -  \n 15,531 \n\nZhejiang Xinghang Precision Machinery Co., LTD \nAn entity controlled by Jiling Cheng \n -  \n -  \n 1,238,751 \n\nShanghai Huafeng Investment Holding Co., LTD \nAn entity controlled by Zixuan Chen \n -  \n -  \n 387 \n\nTotal due from related parties \n  \n$-  \n$1,204,797  \n$2,676,876 \n\n \n\nDue to related parties consists\nof the following:\n\n \n\nName \nRelated party relationship \nDecember 31,\n2025  \nDecember 31,\n2024  \nDecember 31,\n2023 \n\nYue Xu \nDirector of Shanghai TD Installation \n          -  \n$-  \n$3,023 \n\nJiling Cheng \nSupervisor of Shanghai TD Parking and Shanghai TP Parking \n -  \n 3,669  \n 34,112 \n\nBin Lu \nPrincipal shareholder, Director, Juridical person, Chief Executive Officer. \n -  \n 45,651  \n 117,403 \n\nZhejiang Xinghang Precision Machinery Co., LTD \nAn entity controlled by Jiling Cheng \n -  \n 46,580  \n - \n\nShanghai Liqing Information Technology Co. LTD \nAn entity controlled by Zixuan Chen \n -  \n 5,480  \n - \n\nZhaohui Chen \nDirector of Shanghai TD Manufacturing \n -  \n -  \n 3,086 \n\nTotal due to related parties \n  \n$-  \n$101,380  \n$157,624 \n\n \n\n75\n\n \n\nRevenue from related party consists of the following:\n\n \n\n  \n  \nFor the Fiscal Year Ended \n\nName \nRelated party relationship \n\n**December 31,**\n\n**2025**\n  \nDecember 31,\n2024  \nDecember 31,\n2023 \n\nZhejiang Xinghang Precision Machinery Co., LTD \nAn entity controlled by Jiling Cheng \n$         -  \n$1,233,073  \n 4,093,910 \n\nShanghai Muling Industry Co., LTD \nAn entity controlled by Jiling Cheng \n -  \n 7,439,113  \n - \n\nTotal revenue from related party \n  \n$-  \n$8,672,186  \n 4,093,910 \n\n \n\n**Related Party Transaction Policy**\n\n** **\n\nThe Board of Directors has\nadopted a written related party transaction policy, which sets forth the policies and procedures for the review and approval or ratification\nor related person transactions. A copy of the related party transaction policy has been incorporated by reference herewith as Exhibit\n97.2.\n\n \n\nA “Related Person Transaction”\nis a transaction, arrangement or relationship in which the Company or any of its subsidiaries was, is or will be a participant, the amount\nof which involved exceeds $120,000, and in which any related person had, has or will have a direct or indirect material interest.\n\n \n\nA “Related Person”\nmeans:\n\n \n\n \n●\nany person who is, or at any time during the applicable period was, one of the Company’s officers or one of the Company’s directors;\n\n \n\n \n●\nany person who is known by the Company to be the beneficial owner of more than five percent (5%) of its voting shares;\n\n \n\n \n●\nany immediate family member of any of the foregoing persons, which means any child, stepchild, parent, stepparent, spouse, sibling, mother-in-law, father-in-law, daughter-in-law, brother-in-law or sister-in-law of a director, officer or a beneficial owner of more than five percent (5%) of its voting stock, and any person (other than a tenant or employee) sharing the household of such director, officer or beneficial owner of more than five percent (5%) of its voting stock; and\n\n \n\n \n●\nany firm, corporation or other entity in which any of the foregoing persons is a partner or principal or in a similar position or in which such person has a ten percent (10%) or greater beneficial ownership interest.\n\n \n\nThe Company has policies and\nprocedures designed to minimize potential conflicts of interest arising from any dealings it may have with its affiliates and to provide\nappropriate procedures for the disclosure of any real or potential conflicts of interest that may exist from time to time. Specifically,\npursuant to its charter, the audit committee will have the responsibility to review related party transactions.\n\n \n\n**7.C. Interests\nof Experts and Counsel**\n\n** **\n\nNot\nApplicable."}