集团通过香港科学园基地强化技术储备，叠加专业出海团队部署与营销智能体研发优势，可高效复制香 港成熟经验至全球市场。伴随全球智能机器人市场的快速增长，预计公司智能机器人业务近期的规模化 发展前景广阔。 香港市场作为战略基石，已实现新场景、新应用、新客户三重突破。智慧解决方案已成功进入皇后山 邨、嘉褔邨等公共屋邨，以及多个大型屋苑、医院、核心商场、康乐公园等多元场景。创新应用中，搬 运机器人承接垃圾分类及转运等重体力工作，有效降低工人受伤风险并提升作业效率，安防、清洁、礼 宾等机器人的本土化设计及应用亦获广泛认可。凭借优质服务与产品实力，集团已与特区政府相关部 门、主要地产发展商、大型物业管理公司及公共服务机构建立深度合作，品牌认可度与客户黏性持续提 升，为商业模式与产品的跨场景复制奠定坚实基础。 诺科达科技(00519)发布公告，2025年度，集团智能机器人业务完成由一到十的突破，由点到面的跨 越，正式迈向由十至百的规模化增长新阶段，业务创新及扩张成效全面显现。 国际市场布局同步提速，依托香港"超级联系人"优势，智能机器人已正式落地中东、东南亚及欧洲地 区，在智慧城市领域实现商业化验证，同时与中东、东南亚、欧洲 ...

Core Insights - Nocoda Technology (00519) has announced a significant breakthrough in its smart robotics business, transitioning from a phase of one to ten to a new stage of scaling from ten to a hundred [1] - The company has achieved three breakthroughs in the Hong Kong market, including new scenarios, applications, and customers, establishing a solid foundation for its business model and product replication across various contexts [1] Group 1 - The smart robotics business has successfully entered public housing estates and various large-scale venues, hospitals, and recreational parks, demonstrating its versatility [1] - Innovative applications such as transport robots for waste classification and transfer have effectively reduced worker injury risks and improved operational efficiency [1] - The company has established deep collaborations with government departments, major property developers, large property management companies, and public service institutions, enhancing brand recognition and customer loyalty [1] Group 2 - The international market expansion is accelerating, with smart robotics officially launched in the Middle East, Southeast Asia, and Europe, achieving commercial validation in smart city initiatives [1] - The company leverages its Hong Kong "super connector" advantage to replicate its successful experiences in global markets efficiently [2] - The global smart robotics market is experiencing rapid growth, indicating a promising outlook for the company's recent scaling development [2]

Core Insights - The company has achieved a significant breakthrough in its smart robotics business, transitioning from a scale of one to ten, and is now entering a new phase of growth from ten to a hundred [1] - The Hong Kong market serves as a strategic foundation, with successful penetration into new scenarios, applications, and customer bases [1][2] Group 1: Business Expansion - The smart robotics solutions have been successfully implemented in various public housing estates, hospitals, shopping malls, and recreational parks [1] - Innovative applications, such as transportation robots for waste sorting and transfer, have reduced worker injury risks and improved operational efficiency [1] - The company has established deep collaborations with government departments, major property developers, large property management companies, and public service institutions, enhancing brand recognition and customer loyalty [1] Group 2: International Market Development - The company is accelerating its international market expansion, leveraging Hong Kong's "super connector" advantage to enter markets in the Middle East, Southeast Asia, and Europe [1] - Commercial validation has been achieved in the smart city sector, with ongoing cross-sector collaborations in regions including the Middle East, Southeast Asia, Europe, and North America [1] Group 3: Technological and Market Positioning - The company is strengthening its technological reserves through its Hong Kong Science Park base, alongside deploying a professional overseas team and marketing advantages in smart robotics development [2] - The global smart robotics market is experiencing rapid growth, indicating a broad outlook for the company's recent scale development in this sector [2]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何 部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 NOVAUTEK TECHNOLOGIES GROUP LIMITED 諾科達科技集團有限公司 （於百慕達註冊成立之有限公司） （股份代號：519） 自願性公告 智能機器人業務落地更新 諾科達科技集團有限公司（「本公司」，連同其附屬公司統稱「本集團」）董事會自願作 出本公告，以向本公司股東及潛在投資者提供本集團的最新業務情況。 二零二五年度，本集團智能機器人業務完成由一到十的突破，由點到面的跨越，正 式邁向由十至百的規模化增長新階段，業務創新及擴張成效全面顯現。 香港市場作為戰略基石，已實現新場景、新應用、新客戶三重突破。智慧解決方案已 成功進入皇后山邨、嘉褔邨等公共屋邨，以及多個大型屋苑、醫院、核心商場、康樂 公園等多元場景。創新應用中，搬運機器人承接垃圾分類及轉運等重體力工作，有 效降低工人受傷風險並提升作業效率，安防、清潔、禮賓等機器人的本土化設計及 應用亦獲廣泛認可。憑藉優質服務與產品實力，集團 ...

Core Insights - The integration of smart vehicles, intelligent robots, and low-altitude flying vehicles is seen as a hallmark of new productive forces, with a trend of accelerated convergence among these industries [1][3][4] Industry Overview - The recent first Aggregated Intelligent Industry Development Conference highlighted the potential for these three sectors to merge, leveraging shared technologies and resources to create a cohesive industrial ecosystem [1][3] - Tesla's recent focus on AI and robotics in its "Master Plan" indicates a shift towards valuing these technologies, with Musk suggesting that 80% of Tesla's future value may come from its Optimus robot [3][4] Market Dynamics - Domestic automakers are actively entering the intelligent robotics and low-altitude flight sectors, with over ten companies already involved through various strategies such as investment and joint R&D [3][4] - The supply chain overlap between the automotive industry and these emerging sectors is significant, with a reported 60% compatibility in supply chain elements [5][6] Technological Synergies - Key technologies such as AI, energy systems, and materials are common across smart vehicles, robots, and low-altitude vehicles, facilitating their integration [4][5] - Innovations in battery technology, particularly solid-state batteries, are critical for the development of these industries, as they require high energy density solutions [5][6] Challenges and Opportunities - The industry faces challenges in standardization, collaboration, and cost management, which need to be addressed for successful integration [7][8] - The potential for cost reduction in flying cars and robots is significant, with expectations that prices could drop from millions to hundreds of thousands within a few years through automotive supply chain efficiencies [6][7] Strategic Recommendations - A shift from isolated development to a more integrated approach is necessary, promoting cross-industry collaboration and shared technological platforms [8] - The cultivation of interdisciplinary talent and enhanced cooperation between government, industry, and academia is essential for overcoming barriers to development [8]

Group 1 - The Vice President of Yuejiang Technology, Zeng Yu, passed away due to a sudden illness at the age of 49 on October 3, 2025, in Shanghai [1] - Zeng Yu suffered from a ruptured brain aneurysm leading to brain herniation, and the incident occurred in the early morning, preventing timely rescue efforts [1] - Yuejiang Technology was founded in 2015 by Liu Peichao, a graduate of Shandong University, and focuses on the research and application innovation of intelligent robotics [1] Group 2 - Yuejiang Technology was listed on the Hong Kong Stock Exchange on December 23, 2024 [1]

Core Insights - The company has successfully raised 1 billion RMB in funding, indicating strong investor confidence in the high-end pool robot market [2][3] - The founder emphasizes the need for a revenue scale of 10 billion RMB to establish a solid foothold in the smart robotics industry, rather than the commonly suggested 1 billion RMB [3][26] - The competitive landscape in the garden robot sector has intensified, with various players vying for market share, leading to a focus on differentiated innovation [3][4] Company Strategy - The company plans to enter the lawn mower robot market cautiously, prioritizing differentiated competition and specific target demographics rather than engaging in direct market battles [3][14] - The strategy of focusing on high-end market segments has proven effective, with the company's pool robots capturing 85% of the high-end market share shortly after launch [4][12] - The founder advocates for a resource allocation strategy that ensures a minimum of three to five times the competitive investment in chosen markets to ensure success [13][14] Market Dynamics - The garden robot industry is experiencing a shift from wired to wireless technology, which has driven significant growth in recent years [6][7] - The company identifies a gap in the market for pool cleaning solutions, as traditional manufacturers have overlooked critical user needs [7][19] - The founder believes that the market for pool robots is still evolving, with many challenges remaining to be addressed, indicating ongoing opportunities for innovation [19][20] User-Centric Approach - The company employs a user-centric approach, conducting in-depth interviews and observations to understand customer needs and improve product design [20][22] - Insights gained from direct user interactions have led to significant product improvements, such as reducing the weight of pool robots for better usability [24][26] - The founder stresses the importance of viewing users as complete individuals with unique needs, rather than mere data points [26][24] Long-Term Vision - The company recognizes that achieving a revenue scale of 10 billion RMB is essential for long-term sustainability and brand development in the smart robotics sector [26][17] - The founder attributes much of the company's current success to luck but emphasizes the need for building brand assets and organizational capabilities for future resilience [26][3] - The company aims to reduce reliance on luck by establishing a solid organizational foundation and innovative culture [26][3]

Core Viewpoint - The article discusses the competitive landscape of the high-end pool robot market, highlighting the strategic approach of the company Starry Innovation in navigating this space and its cautious expansion into lawn mowing robots. Group 1: Company Overview - Starry Innovation has raised a total of 1.5 billion RMB in funding over three years, with significant investments from leading domestic funds [6]. - The company has achieved rapid market penetration, capturing 85% of the high-end segment (priced at $1400 and above) shortly after launching two products in 2024, resulting in sales of several hundred million RMB within six months [8]. Group 2: Market Strategy - The founder emphasizes the need for a revenue scale of 10 billion RMB to establish a foothold in the smart robotics industry, arguing that 100 billion RMB is necessary for long-term sustainability [7][40]. - Starry Innovation's strategy focuses on differentiated competition by targeting specific user needs and scenarios rather than engaging in direct market battles with competitors [9][26]. Group 3: Competitive Landscape - The pool robot market has seen intense competition, with various players like Stone Technology and Ecovacs entering the lawn mowing segment, indicating a resource-intensive environment [7][9]. - The founder expresses a cautious approach to entering the lawn mowing robot market, preferring to wait until the company can ensure a significant resource advantage over competitors [26]. Group 4: Innovation and User Insight - The company prioritizes innovation over cost leadership, believing that true differentiation comes from understanding user needs and providing superior product experiences [21][40]. - Starry Innovation conducts extensive user research, including in-home visits and interviews, to gain insights into customer needs and improve product design [35][40]. Group 5: Future Outlook - The founder predicts ongoing technological innovations in the industry over the next five to seven years, asserting that even if competitors replicate their innovations, the unique company culture and values will drive continued success [23][24]. - The company aims to carve out a niche in the lawn mowing robot market by focusing on specific user pain points rather than competing in the mainstream market [29].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何 部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 NOVAUTEK TECHNOLOGIES GROUP LIMITED 諾科達科技集團有限公司 （於百慕達註冊成立之有限公司） （股份代號：519） 自願公告 與清華AIR簽署合作協議推動產學研應用 諾科達科技集團有限公司（「本公司」，連同其附屬公司統稱「本集團」）董事會自願作 出本公告，以向本公司股東及潛在投資者提供本集團的最新業務情況。 本集團欣然宣佈，於二零二五年九月三十日，本集團之附屬公司諾科達智駕有限公司 （「諾科達智駕」）與清華大學無錫應用技術研究院（「清華AIR」）簽署合作協議（「合 作協議」），雙方將在人工智能產品研發、機器人解決方案及多領域產業應用中構建 深度協同夥伴關係。 訂立合作協議的理由及裨益 諾科達智駕紮根香港科學園，專注智能機器人技術的應用、研發及提供機器人服務 綜合解決方案(AI RaaS)；清華AIR在人工智能研究、前沿技術轉化等方面擁有領先的 科研實力與人才儲備。雙方願 ...

Core Insights - The article emphasizes the importance of building a solid foundation in research before diving into complex topics like VLA (Vision-Language-Action) in embodied intelligence [1][6] - VLA is highlighted as a significant research area that breaks traditional single-task limitations, allowing robots to make autonomous decisions in diverse environments [4][6] - The article discusses the rapid development of the embodied intelligence sector, with various teams transitioning from laboratory research to commercialization, supported by major tech companies [6] Summary by Sections VLA Overview - VLA enables the execution of commands through language, facilitating continuous actions and enhancing user experience [2] - It represents a shift from traditional methods, allowing for multi-tasking capabilities in robots across various applications [4] Industry Development - The embodied intelligence field is experiencing robust growth, with companies like Unitree and tech giants like Huawei and Tencent actively investing in this area [6] - The collaboration between academia and industry is being fostered through various projects and research initiatives [4][6] Educational Initiatives - A specialized course on VLA research is being offered to help students navigate the complexities of the field, focusing on practical skills and research methodologies [10][12] - The course aims to equip students with the ability to identify research opportunities, design experiments, and write academic papers [12][16] Learning Outcomes - Students completing the course will gain comprehensive knowledge of VLA models, experimental design, and the academic writing process [16] - The program emphasizes the development of independent research capabilities and the ability to produce a complete research paper [16]