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Applied Development Holdings ( (HK:0519) ) just unveiled an update.
Novautek Technologies Group Limited has announced a cooperation agreement with Tsinghua University’s Wuxi Research Institute of Applied Technologies to foster industry-academia-research applications. This collaboration aims to leverage Tsinghua AIR’s academic assets and Novautek’s real-world deployment capabilities to accelerate AI deployment across multiple sectors, enhance competitiveness, and drive long-term growth. An AI educational robot from this partnership will be showcased at the Inno4life Exhibition in Hong Kong, marking a significant step in product commercialization.
More about Applied Development Holdings
Novautek Technologies Group Limited operates in the technology industry, focusing on the application, research, and development of intelligent robotics technologies. The company provides comprehensive Robotics-as-a-Service (AI RaaS) solutions and is rooted in the Hong Kong Science Park.
YTD Price Performance: 133.67%
Average Trading Volume: 6,684,547
Technical Sentiment Signal: Buy
Current Market Cap: HK$699.6M
For a thorough assessment of 0519 stock, go to TipRanks’ Stock Analysis page.