Core Insights - SU Group Holdings Limited has secured a landmark contract worth US$4.4 million, marking the largest in the company's history, with US$3.2 million recognized as revenue in 2024 and the remainder in 2025 [1][5] Group 1: Contract Details - The contract involves the design and installation of an integrated security and monitoring system for the hostel and academic building complex at Hong Kong Baptist University (HKBU) [2] - The HKBU complex features 1,700 living spaces and a four-level Creative Hub, which includes advanced facilities such as an eSports stadium and a state-of-the-art film score recording studio [3] - The project represents the first phase of HKBU's development program, positioning the company for future phases [4] Group 2: System Features - SU Group's security system is cloud-based and AI-enhanced, integrating various subsystems including CCTV, alarms, and access control [4] - Over 2,000 access control doors and customized pedestrian gates were designed and installed as part of the project [4] Group 3: Strategic Importance - The contract is significant not only for its revenue but also for its potential to serve as a high-profile reference for the company, showcasing its capabilities in the education sector [5] - The project opens up new market opportunities for SU Group in providing security solutions to colleges and campuses [5] Group 4: Company Overview - SU Group is an integrated security-related services company in Hong Kong, providing engineering services, security guarding, and vocational training for over two decades [6] - The company specializes in designing, supplying, installing, and maintaining security systems for various sectors, including commercial and public properties [6]
SU Group Announces US$4.4 Million Win; Represents Largest Contract in Company's History