Business Telegraph

.
The Times Real Estate

.

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

  • Written by Telegraph Magazine

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.

Entrepreneurs & Leaders

Is It Ethical to Buy Clubhouse Room Visitors? Debunking Common Myths

Clubhouse has become a go-to platform for discussions, networking, and sharing ideas in real-time. With so many rooms to...

Work Injury: Should You Call A Lawyer After Work Accident?

Although work injuries are not common, especially for those who don’t work in industries, they sometimes occur. Most e...

SEO: Revolutionizing The Presence On the Internet Through Services Offered

Establishing a web presence cannot be overemphasized for any business to be competitive in today’s digital-first economy...

Elevate Your Workplace Safety: The Power of Premium Hi-Vis Work Shirts

Hi-vis work wear is becoming popular in Australia. These reduce the risks of accidents by enhancing visibility. Also, th...

Essential Sweatshirt or Essential Hoodie: Which One Is Right for You?

When it comes to high-end streetwear, Fear of God Essentials Sweatshirt  has carved out a niche for itself, blending l...

Steam Cleaning Carpets vs Other Methods: Which One is Better?

Maintaining clean carpets is necessary for the overall look and health of your home or business. With various cleaning...

Buy vs. Lease: 6 Tips for Making the Right Call on Business Equipment

Photo: chris robert / Unsplash Every major equipment purchase presents business owners with a crucial decision: buy or ...

Breaking Down the Basics of Business Partnership Agreements in Sydney

Agreements Over Business Partnership are important as they discuss and define the roles, functions, and expectations...

20ft Shipping Containers as a Sustainable Choice for Construction Projects

There is a sharp increase in the demands for sustainable building materials in modern architecture. Among the newest...