{"url_path":"/sec/hiho/10-k/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-07-14","source_url":"https://www.sec.gov/Archives/edgar/data/1026785/0001213900-26-077959-index.html","accession_number":"0001213900-26-077959","cik":"0001026785","ticker":"HIHO","issuer_name":"HIGHWAY HOLDINGS LTD","edgar_url":"https://www.sec.gov/Archives/edgar/data/1026785/0001213900-26-077959-index.html","primary_entity_key":"0001026785","primary_entity_name":"HIGHWAY HOLDINGS LTD"},"word_count":821,"has_tables":true,"body_markdown":"United States\n\nSECURITIES AND EXCHANGE COMMISSION\n\nWashington, D.C. 20549\n\n** **\n\n**FORM 20-F**\n\n \n\n☐ REGISTRATION STATEMENT PURSUANT TO\nSECTION 12(b) or (g) OF THE SECURITIES EXCHANGE ACT OF 1934\n\n \n\nor\n\n \n\n☒ ANNUAL REPORT PURSUANT TO SECTION 13 or\n15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\n \n\n**For the fiscal year ended March 31, 2026.**\n\n \n\n☐ TRANSITION REPORT PURSUANT TO SECTION 13\nOR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\n** **\n\n**For the transition period from ____________\nto ____________.**\n\n \n\n☐ SHELL COMPANY REPORT PURSUANT TO SECTION\n13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\n** **\n\n**Commission file number 001-38490**\n\n** **\n\n**HIGHWAY HOLDINGS LIMITED**\n\n(Exact name of Registrant as specified in its charter)\n\n** **\n\n**N/A**\n\n(Translation of Registrant’s name into English)\n\n** **\n\n**British Virgin Islands**\n\n(Jurisdiction of incorporation or organization)\n\n \n\nSuite 1801, Level 18, Landmark North 39 Lung Sum\nAvenue\n\nSheung Shui\n\nNew Territories, Hong Kong\n\n(Address of principal executive offices)\n\n \n\nRoland Kohl\n\nChief Executive Officer\n\nSuite 1801, Level 18, Landmark North\n\n39 Lung Sum Avenue\n\nSheung Shui\n\nNew Territories, Hong Kong\n\ntelephone: (852) 2344-4248\n\nfax: (852) 2343-4976\n\nroland.kohl@highwayholdings.com\n\n(Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person)\n\n** **\n\nSecurities registered or to be registered pursuant\nto Section 12(b) of the Act:\n\n \n\nTitle of each class   Trading Symbol(s)   Name of each exchange on which registered\n\nCommon Shares, $0.01 par value per share   HIHO   NASDAQ Capital Market\n\nPreferred Share Purchase Rights   N/A   NASDAQ Capital Market\n\n \n\nSecurities registered or to be registered pursuant\nto Section 12(g) of the Act:\n\nNone\n\n \n\nSecurities for which there is a reporting obligation\npursuant to Section 15(d) of the Act:\n\nNone\n\n \n\n \n\n \n\n \n\nIndicate the number of outstanding shares of each of the issuer’s\nclasses of capital or common stock as of the close of the period covered by the annual report: 4,626,676 Common Shares were outstanding\nas of March 31, 2026.\n\n \n\nIndicate by check mark if the registrant is a well-known seasoned issuer,\nas defined in Rule 405 of the Securities Act. Yes ☐ No ☒\n\n \n\nIf this report is an annual or transition report, indicate by check\nmark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. Yes\n☐ No ☒\n\n \n\nIndicate by check mark whether the registrant (1) has filed all reports\nrequired to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter\nperiod that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.\nYes ☒ No ☐\n\n \n\nIndicate by check mark whether the registrant has submitted electronically\nevery Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the\npreceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐\n\n \n\nIndicate by check mark whether the registrant is a large accelerated\nfiler, an accelerated filer, a non-accelerated filer, or an emerging growth company. See definition of large accelerated filer,”\n“accelerated filer,” and “emerging growth company” in Rule 12b-2 of the Exchange Act:\n\n \n\nLarge accelerated filer ☐   Accelerated filer ☐   Non-accelerated filer ☒\n\n        Emerging growth company ☐\n\n \n\nIf an emerging growth company that prepares its financial statements\nin accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for complying\nwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\n \n\nIf securities are registered pursuant to Section 12(b) of the Act,\nindicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to\npreviously issued financial statements. ☐\n\n \n\nIndicate by check mark whether any of those error corrections are restatements\nthat required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during\nthe relevant recovery period pursuant to §240.10D-1(b). ☐\n\n \n\nIndicate by check mark whether the registrant has filed a report on\nand attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section\n404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.\n☐\n\n \n\nIndicate by check mark which basis of accounting the registration has\nused to prepare the financial statements included in this filing:\n\n \n\nU.S. GAAP ☒   International Financial Reporting Standards as issued by the International Accounting Standards Board ☐   Other ☐\n\n \n\nIf “Other” has been checked in response to the previous\nquestion, indicate by check mark which financial statement item the registrant has elected to follow: Item 17 ☐ Item 18 ☐\n\n \n\nIf this is an annual report, indicate by check mark whether the registrant\nis a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒\n\n \n\n \n\n \n\n \n\n \n\n**TABLE OF CONTENTS**\n\n \n\n \n**Page**\n\n[PART I](#a_001)\n1"}