The Times Australia
News From Asia

.

Novautek Honored with the "Outstanding SME ESG and Business Performance Award"

HONG KONG SAR - EQS Newswire - 23 December 2024 - Novautek Autonomous Driving Limited ("Novautek"), a Hong Kong-based innovation technology company specializing in artificial intelligence and autonomous driving technology innovation, is pleased to announce that it has awarded the "Outstanding SME ESG and Business Performance Award 2024" organized by the Start-up and SME Resource Centre of The Hang Seng University of Hong Kong, in recognition of Novautek's outstanding performance in terms of Environmental, Social and Governance (ESG), as well as its achievements in promoting sustainable development.



Mr. Wang Chunsheng, the Chief Executive Officer of Novautek received the award
Mr. Wang Chunsheng, the Chief Executive Officer of Novautek received the award

The "Outstanding SME ESG and Business Performance Award" is organized by the Start-up and SME Resource Centre under The Hang Seng University of Hong Kong, with the Hong Kong Small and Medium Enterprises Association as the co-organizer. The award aims to encourage small and medium enterprises (SMEs) to continuously invest resources in practicing ESG upgrades and transformation, thereby enhancing their competitiveness and expanding their green business opportunities. It also emphasizes that the society should pay more attention to SMEs and support them, and advises SMEs to incorporate effective ESG practices in their businesses to help them identify different business risks and effectively provide solutions for these risks, while focusing on the benefits of different stakeholders.

Novautek is a subsidiary of Applied Development Holdings Limited (HKEX stock code: 519.HK), specializing in the areas of artificial intelligence and autonomous driving technology and innovation. It dedicates to building a complete ecosystem across key areas like AI robotics, autonomous driving, and large AI models. Addressing pain points in traditional industries, it has introduced five core applications of autonomous driving robots including cleaning and sanitation, security patrol, transportation, delivery, and smart warehousing. Novautek actively applies cutting-edge technology to society to assist in alleviating social challenges such as aging populations and labor shortages, enhancing the quality of social life. Its cleaning and security patrol robots have been deployed in local housing estates, receiving high appreciation from citizens.

Mr. Wang Chunsheng, the Chief Executive Officer of Novautek stated, "we are honored to receive the award, which not only recognizes Novautek's performance in business and ESG practices but also encourages us to continue making greater contributions to innovation and sustainable development. In the future, we will remain committed to technological innovation, environmental protection, and social responsibility, upholding the concept of sustainable development in our business operations, while giving back to society and create greater value for the general public and all our stakeholders."


The issuer is solely responsible for the content of this announcement.

About Novautek Autonomous Driving Limited

Novautek Autonomous Driving Limited is a Hong Kong-based innovation technology company focusing on the R&D and applications of autonomous driving technologies. It invests in related enterprises and possesses professional capabilities in technology R&D, product commercialization, and high-quality after-sales service. Its products span various fields, including patrol inspections, cleaning and sanitation, logistics transportation, engineering construction, intelligent warehousing, and professional services. In the future, Novautek will continue to leverage its cutting-edge AI and autonomous driving technology to tailor products that meet the specific needs of the Hong Kong market. By harnessing its localized service advantages and providing high-quality products and services, Novautek aims to promote Hong Kong's technological products on a global scale.

This press release is issued by DLK Advisory Limited on behalf of Novautek Autonomous Driving Limited.

Times Magazine

Building a Strong Online Presence with Katoomba Web Design

Katoomba web design is more than just creating a website that looks good—it’s about building an online presence that reflects your brand, engages your audience, and drives results. For local businesses in the Blue Mountains, a well-designed website a...

September Sunset Polo

International Polo Tour To Bridge Historic Sport, Life-Changing Philanthropy, and Breath-Taking Beauty On Saturday, September 6th, history will be made as the International Polo Tour (IPT), a sports leader headquartered here in South Florida...

5 Ways Microsoft Fabric Simplifies Your Data Analytics Workflow

In today's data-driven world, businesses are constantly seeking ways to streamline their data analytics processes. The sheer volume and complexity of data can be overwhelming, often leading to bottlenecks and inefficiencies. Enter the innovative da...

7 Questions to Ask Before You Sign IT Support Companies in Sydney

Choosing an IT partner can feel like buying an insurance policy you hope you never need. The right choice keeps your team productive, your data safe, and your budget predictable. The wrong choice shows up as slow tickets, surprise bills, and risky sh...

Choosing the Right Legal Aid Lawyer in Sutherland Shire: Key Considerations

Legal aid services play an essential role in ensuring access to justice for all. For people in the Sutherland Shire who may not have the financial means to pay for private legal assistance, legal aid ensures that everyone has access to representa...

Watercolor vs. Oil vs. Digital: Which Medium Fits Your Pet's Personality?

When it comes to immortalizing your pet’s unique personality in art, choosing the right medium is essential. Each artistic medium, whether watercolor, oil, or digital, has distinct qualities that can bring out the spirit of your furry friend in dif...

The Times Features

From Garden to Gift: Why Roses Make the Perfect Present

Think back to the last time you gave or received flowers. Chances are, roses were part of the bunch, or maybe they were the whole bunch.   Roses tend to leave an impression. Even ...

Do I have insomnia? 5 reasons why you might not

Even a single night of sleep trouble can feel distressing and lonely. You toss and turn, stare at the ceiling, and wonder how you’ll cope tomorrow. No wonder many people star...

Wedding Photography Trends You Need to Know (Before You Regret Your Album)

Your wedding album should be a timeless keepsake, not something you cringe at years later. Trends may come and go, but choosing the right wedding photography approach ensures your ...

Can you say no to your doctor using an AI scribe?

Doctors’ offices were once private. But increasingly, artificial intelligence (AI) scribes (also known as digital scribes) are listening in. These tools can record and trans...

There’s a new vaccine for pneumococcal disease in Australia. Here’s what to know

The Australian government announced last week there’s a new vaccine[1] for pneumococcal disease on the National Immunisation Program for all children. This vaccine replaces pr...

What Makes a Small Group Tour of Italy So Memorable?

Traveling to Italy is on almost every bucket list. From the rolling hills of Tuscany to the sparkling canals of Venice, the country is filled with sights, flavors, and experiences ...