Novautek Technologies Group Ltd, formerly Applied Development Holdings Ltd, is an investment holding company mainly engaged in the resort and property development business. The Company operates its business through four segments. The Resort and Property Development segment is mainly engaged in the properties under development and properties held for sales business. The Property Investment segment is mainly engaged in the operation of commercial properties that are held for capital appreciation or earning rental income business. The Investment Holding segment is mainly engaged in the holding of investment funds, equity securities, debt instruments and other assets. The Autonomous Driving segment is mainly engaged in the sale, lease out and development of autonomous driving robots and products which provide cleaning, patrol, distribution and transportation services.

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