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An update from Applied Development Holdings ( (HK:0519) ) is now available.
Novautek Technologies Group has entered into a strategic cooperation framework with Shanghai Caijing Chuangfu Technology Group to jointly develop an AI+ technology park benchmark in China. Under the agreement, Jiangsu Novautek will deploy comprehensive intelligent robot solutions for security, cleaning and logistics in Caijing Chuangfu’s parks, co-build an AI Robotics-as-a-Service (RaaS) entity and global expansion center, and gain priority investment rights in high-potential incubated park enterprises, a move aimed at accelerating large-scale application of its robotics technology, strengthening its international competitiveness and brand influence, and building a pipeline of high-quality resources for long-term growth.
More about Applied Development Holdings
Novautek Technologies Group Limited is a Bermuda-incorporated technology company focused on intelligent robotics and autonomous driving solutions. Through subsidiaries such as Jiangsu Novautek Autonomous Driving Technology, the Group provides AI-driven robot applications for security, cleaning, logistics and related smart-park scenarios, targeting both domestic Chinese and overseas markets via a global sales network.
YTD Price Performance: 117.35%
Average Trading Volume: 4,632,230
Technical Sentiment Signal: Buy
Current Market Cap: HK$644.6M
For detailed information about 0519 stock, go to TipRanks’ Stock Analysis page.