Modern Australian
Men's Weekly

.

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.

Australia’s New Fast Track to Advanced Care in Vietnam

For many Australians, the decision to seek medical care abroad often begins with a specific feeling: the quiet frustration of waiting. According to ...

Cardboard Boxes: A Practical Packaging Solution for Modern Businesses

Reliable cardboard boxes play a vital role in how goods are stored, protected, and transported across industries. From small retailers to large-sca...

The Rise of Smart Homes in Australia: What’s Worth Investing In?

Australia is in the midst of a home technology revolution. From energy efficiency to integrated security, today’s homeowners are transforming thei...

Winter Hairstyling Tips to Prevent Dryness

Winter can be particularly harsh on your hair. Cold air outside, dry indoor heating, and frequent temperature changes can strip moisture from the ha...

Short Term Loans in Australia: Practical Insights for Borrowers and Finance Professionals

Short term loans play a crucial role in Australia’s personal finance landscape. They are designed to cover short-term expenses, unexpected bills, ...

Best EPD Consultants in Australia

Environmental Product Declarations (EPDs) play an increasingly important role in the Australian construction, manufacturing, and infrastructure sect...

I/O Controller And Its Role In Modern Industrial Automation

Industrial automation relies on a range of advanced technologies to ensure precision, speed, and reliability in day-to-day operations. Among these t...

Hydraulic Systems And Their Importance In Modern Industry

A hydraulic system plays a vital role in powering machinery, controlling movement, and delivering high-force performance across countless industrial...

Why Australian Businesses Are Having a Second Think About Digital Growth

Running a business these days is a whole lot different to how it was even a few short years ago. Customers are better informed, there's more competi...

Restaurants Risk Compliance Issues Amid Commercial Plumber Shortage

As demand for housing, roads and facilities increases, so does the demand for trade workers. According to Infrastructure Australia, the construction i...

The Importance Of A Professional Medical Fitout Melbourne For Modern Healthcare Facilities

Healthcare environments must operate with precision, efficiency, and a strong focus on patient comfort. A well-planned medical fitout Melbourne hel...

Top Safety and Comfort Features to Consider in Family Off Road Caravans

Exploring Australia’s coastline, bush tracks or outback locations is far more enjoyable when travelling in a caravan designed for both comfort and...

“Logistical Nightmare” – Rural and Remote Communities Supply Chain Nightmares

Australia’s road logistics need major reform to counteract the supply chain issues that are hitting rural and regional communities hard. With 80% of...

The Importance Of Quality Bait Boards For Boats To Enhance Fishing Efficiency And Comfort

Fishing enthusiasts understand that having the right equipment on board makes every trip smoother and more enjoyable. One essential accessory for an...

The Essential Safety Gear Every Tradesman Needs

Across industries like construction, electrical work, plumbing, carpentry, and welding, workers face hazards every single day. For tradesmen, having...

Best POS System Features That Boost Customer Experience

Source: Unsplash Starting and scaling a retail business is unlikely possible without an effective Point of Sale (POS) system. It is the tech heartbe...

Understanding SMSF Setup Online and Why More Australians Are Choosing Digital Fund Establishment

liManaging your own superannuation gives you greater control over investments, retirement planning, and long-term financial decision-making. As inte...

Double Carport: Complete Guide to Design, Cost, and Installation

A double carport provides practical, cost-effective protection for two vehicles whilst adding value and functionality to your property. Whether you're...