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