NOVAUTEK (00519): Noveltek Security Robot Powered by Technology Promotes Safety in Hong Kong

NOVAUTEK (00519) announced that as a local technology company in Hong Kong, the group focuses on local security pain points by leveraging its application research and development capabilities to create customized solutions. The products realize core functions such as twenty-four-hour patrols, fire monitoring, and unauthorized parking identification. In line with Hong Kong's unique environment and policy requirements, the group has developed exclusive technologies such as ground water stain detection and obstacle recognition to support the local security upgrading to intelligence. With high-quality products and efficient services, the group's business has quickly spread to various core scenes such as public housing estates, high-end private residences, and public places, gaining wide recognition from citizens and customers, and receiving coverage from mainstream local media. The current demand continues to grow, and existing projects lay the foundation for market expansion. In the future, there will be broader application space and a significant increase in brand influence. Currently, global robotics technology is undergoing large-scale commercialization, and security patrols have become a core growth track, with the global market size expected to exceed 6.5 billion US dollars by 2025. This trend aligns with Hong Kong's strategic focus on building a "smart city" and enhancing public safety, as well as responding to the national development direction of "artificial intelligence +". The group is using technology to transform public security from "passive response" to "active prevention", injecting strong momentum into the upgrading of security in Hong Kong. The board of directors believes that the business has vast prospects and strong growth potential.