As of June 30, 2025, the Company’s subsidiaries are as follows:
| | | | | | | Percentage of | | | | | | | | | direct/indirect | | | | | Date of | | Jurisdiction of | | Economic | | | Subsidiaries | | Incorporation | | Formation | | Ownership | | | Hua Chen Intelligent Technology Co., Limited (“Huachen HK”) | | December 22, 2021 | | Hong Kong | | | 100.00 | % | | Huachen AI Technology (Zhejiang) Co., Ltd (“Hua Chen WFOE”) | | October 18, 2022 | | Zhejiang | | | 100.00 | % | | Zhejiang Huachen Technology Co., Ltd (“Zhejiang Hua Chen Tech”) | | June 14, 2005 | | Zhejiang | | | 90.02 | % | | Shanghai Tiandidaochuan Parking Equipment Manufacturing Co., Ltd (“Shanghai TD Manufacturing”) | | February 11, 2004 | | Shanghai | | | 74.63 | % | | Shanghai Tiandiricheng Parking Lots Management Co., Ltd (“Shanghai TD Parking”) | | July 27, 2012 | | Shanghai | | | 74.63 | % | | Zhejiang Tiandidaochuan Parking Equipment Co., Ltd (“Zhejiang TD Parking”) | | November 7, 2017 | | Zhejiang | | | 74.63 | % | | Shanghai Yufeng Information Technology Co., Ltd (“Shanghai Yufeng”) | | November 16, 2016 | | Shanghai | | | 74.63 | % | | Shanghai Tiandi Puji Parking Management Co., Ltd (“Shanghai TP Parking”) | | April 1, 2015 | | Shanghai | | | 74.63 | % | | Shanghai Tiandi Daochuan Parking Equipment Installation Co., Ltd (“Shanghai TD Installation”) | | March 18, 2008 | | Shanghai | | | 74.63 | % | | Zhejiang Xinfeng Trade Co., Ltd (“Zhejiang Xinfeng”) | | February 7, 2024 | | Zhejiang | | | 74.63 | % |
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