NOVAUTEK (00519) announced that its subsidiary, Jiangsu NOVAUTEK Intelligent Driving Technology Co., Ltd., has entered into a strategic cooperation framework agreement with Shanghai Caijing Chuangfu Technology Group (Caijing Chuangfu). The collaboration aims to establish an AI+tech park benchmark through integrated solutions and intelligent robotics.

Both parties will adhere to the principle of mutual benefit, focusing on the following areas: 1. **Smart Park Implementation**: Jiangsu NOVAUTEK will provide comprehensive intelligent robotics solutions—including security, cleaning, and logistics—for Caijing Chuangfu’s parks, conducting real-world scenario testing. The partnership will later expand to cover the entire park and gradually extend to other locations. 2. **Joint AI RaaS & Overseas Expansion Center**: Jiangsu NOVAUTEK will offer technical support and consulting, while Caijing Chuangfu will consolidate demand, coordinate resources, and secure policy backing. Leveraging NOVAUTEK’s global sales network, the center will provide one-stop overseas market entry and operational support for park enterprises. 3. **Ecosystem Synergy & Investment Incubation**: The two parties will share project resources, with Jiangsu NOVAUTEK gaining priority investment rights in high-potential incubating companies. They will also provide AI RaaS technology, industry mentorship, and supply chain partnerships to empower startups.

This collaboration will accelerate the pilot testing and large-scale adoption of NOVAUTEK’s intelligent robotics in tech parks, strengthen its global business edge through the overseas expansion center, and accumulate high-quality resources for long-term growth via investment and incubation initiatives.