Novautek Technologies Group Limited Announces Strategic Cooperation with Cushman & Wakefield Vanke Service

Key Developments and Potential Share Price Impact

• Strategic Cooperation Agreement Signed: Novautek Technologies Group Limited (“Novautek” or the “Company”; Stock Code: 519), through its subsidiary Shanghai Sanran Industrial Co., Ltd., has entered into a strategic cooperation agreement with the Wuxi Branch of Shenzhen Vanke Commercial Enterprise Property Service Company Limited (“Cushman & Wakefield Vanke Service”).
• Focus on Artificial Intelligence (AI) for Smart Properties: The partnership aims to jointly advance the application of comprehensive AI solutions and AI robots within smart property management scenarios.
• Significant Market Potential: This cooperation is underpinned by favorable national policies supporting digital economy expansion and the development of smart property solutions, signaling a large and growing addressable market.
• Phased Approach to Implementation: The collaboration will launch in Wuxi, following a three-phase plan: pilot validation, partial expansion, and strategic upgrade. This structure is designed to scale up from a localized pilot to nationwide and potentially global deployment.
• Potential for Nationwide and Global Expansion: If successful, the agreement could enable Novautek’s AI solutions to be deployed across Cushman & Wakefield Vanke Service’s extensive project portfolio, which includes over 2,000 projects in more than 200 cities.
• Business Synergies: Novautek brings expertise in AI robots and Robots-as-a-Service (AI RaaS), while Cushman & Wakefield Vanke Service offers a wide range of validation scenarios in property, commercial, and industrial complexes.

Details of the Strategic Agreement

On 5 March 2026, Shanghai Sanran (a Novautek subsidiary) and Cushman & Wakefield Vanke Service signed a strategic agreement to jointly promote the adoption of AI and smart robotics in property management. This partnership is expected to enhance service quality, reduce costs, and improve operational efficiency within managed properties.

The cooperation will be executed in three distinct phases:

1. Phase One – Pilot Validation: Intelligent robots will be deployed and operated at selected property projects in Wuxi. This phase will focus on real-world validation and proof-of-concept.
2. Phase Two – Partial Expansion: Based on positive outcomes, the partnership will extend AI robot deployments to additional projects under Cushman & Wakefield Vanke Service within the Wuxi region.
3. Phase Three – Strategic Upgrade: Upon mutual agreement, the partnership could be elevated to the group level, allowing for the rollout of AI solutions across Cushman & Wakefield Vanke Service’s national and international project network.

Potential Price-Sensitive Information for Shareholders

• Market Expansion and Revenue Growth: This partnership opens up substantial business opportunities for Novautek, as successful implementation could lead to a broader adoption of its AI solutions across a large portfolio of property management projects in China and potentially overseas.
• Validation by an Industry Leader: Collaborating with Cushman & Wakefield Vanke Service, a prominent name in property services with a vast client base, may enhance Novautek’s reputation and market position.
• Alignment with National Policy: The agreement directly aligns with China’s push towards digitalization and smart city initiatives, potentially positioning Novautek as a key beneficiary of these policy trends.

About Cushman & Wakefield Vanke Service

Cushman & Wakefield Vanke Service is a leading player in property services and facilities management, operating across mainland China, Hong Kong, Macau, and several overseas markets. Its portfolio includes office buildings, commercial complexes, industrial parks, logistics parks, and schools, with services provided to over 2,000 projects in more than 200 cities.

Board and Management

As of the date of the announcement, the executive directors of Novautek are Mr. Wu Zhanming (Chairman) and Mr. Wang Chunsheng (Chief Executive Officer), with three independent non-executive directors.

Investor Takeaway

The strategic cooperation with Cushman & Wakefield Vanke Service is a significant and potentially price-sensitive development for Novautek Technologies. It offers a clear pathway for scaling up AI technology adoption in property management, with the potential to drive substantial revenue growth and market expansion for the Group. Successful implementation and expansion of this partnership could have a material impact on Novautek’s future financial performance and share price.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research or consult professional advisors before making any investment decisions. While every effort has been made to ensure accuracy, no liability is accepted for any errors or omissions.

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