Scage Future (SCAG)
Develops heavy-duty electric, hybrid and hydrogen trucks for mining, freight and ports.
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Develops and sells heavy-duty new-energy trucks for mining, road freight and port transport in China. Its lineup spans electric, plug-in-hybrid and hydrogen fuel-cell models, alongside vehicle-modification services and planned hydrogen and e-fuel infrastructure.
Develops and sells heavy-duty new-energy trucks in China for mining, road freight and port transport. The lineup includes all-electric, plug-in-hybrid and hydrogen fuel-cell vehicles, with gross weights suited to demanding hauling uses.
Named models include Dragon King, a plug-in-hybrid dump truck for mining and heavy loading; Galaxy II, a plug-in-hybrid truck for long-distance freight and logistics; and Q-truck, an autonomous tractor trailer. Vehicle-modification services complement the truck portfolio, while management has described a financing-lease platform with financial institutions.
Operations are shaped by intense competition, emissions rules, technology changes and customer needs. The stated strategy combines new truck models and autonomous-driving development with renewable and clean-energy propulsion, hydrogen-production technology and fueling stations.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2025Cash & short-term investments $90.8K · Total debt $15.0M · Total assets $26.5M · Shareholders' equity −$5.3M
- Revenue
- $0
- Operating income
- −$470.0K
- Net income
- −$310.7K
No dividends on record.
| Institutions | 0.06% | 43.9K shares | |
|---|---|---|---|
| 3 holders · as of Jun 30, 2026 | |||
| Insiders | 72.30% | 52.49M shares | |
| 4 holders · as of Apr 9, 2026 | |||
| Other | 27.64% | 20.07M shares | |
| remainder | |||
72.61M company shares as of Aug 21, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Chao Gao1Insiderdirector, 10 percent owner, officer: Chief Executive Officer | 62.58% | 45.44M | filed Mar 6, 2026 |
Yuanchi GuoInsiderdirector | 5.38% | 3.90M | filed Apr 9, 2026 |
Ziqian GuanInsiderdirector | 4.30% | 3.12M | filed Apr 9, 2026 |
Morgan StanleyInstitution | 0.06% | 40,000 | as of Jun 30, 2026 |
Calvin KungInsiderdirector | 0.03% | 25,000 | filed Mar 18, 2026 |
- Chao Gao's transaction reports restate only vehicles that traded; the 2026 ownership statement (45.44M) is used instead.
Insider tradesForm 4
Nothing filed in the last 12 months.
Not reported.