NOVAUTEK (00519) subsidiary plans to work together with Wanwu Liang to promote the application and dissemination of comprehensive artificial intelligence solutions in the context of intelligent property.

NOVAUTEK (00519) announced that on March 5, 2026, its subsidiary Shanghai Sanran Industrial Co., Ltd. (Shanghai Sanran) signed a strategic cooperation agreement with the Wuxi branch of Shenzhen Wanwu Commerce and Enterprise Property Services Co., Ltd. (Wanwu Liangxing) to jointly promote the application and promotion of comprehensive artificial intelligence solutions in the smart property scene. This cooperation, starting in the Wuxi region, follows the principle of "piloting first, results-oriented", focusing on empowering cooperation projects with intelligent robots to enhance the level of intelligent property management services and achieve cost reduction and efficiency improvement. According to the strategic agreement, the cooperation framework is mainly divided into three stages: the first stage - pilot verification, carrying out intelligent robot pilot deployment and operation at designated property projects in Wuxi; the second stage - local expansion, exploring the expansion of cooperation to more projects in Wanwu Liangxing Wuxi; and the third stage - strategic upgrade, both parties discussing upgrading cooperation to the group level, expanding services to more projects within Wanwu Liangxing nationwide and globally. The national policy "Implementation Opinions on Accelerating Scene Cultivation and Openly Promoting Large-scale Application of New Scenes" clearly states to "expand applications of the digital economy and people's livelihood scenarios", with smart property as a key combination point, the market prospects are broad. The group has accumulated technological expertise in the field of artificial intelligence robots and Robot as a Service (AI RaaS), while the technology industry parks and commercial complexes managed by Wanwu Liangxing provide quality validation scenes for technology implementation, jointly exploring new models for upgrading intelligent property management and the possibility of expanding to Wanwu Liangxing projects nationwide and globally. In the future, it is expected to open up new business space and further enhance the breadth and depth of the group's applications in the field of artificial intelligence scenes.