SU Group Secures AI Vehicle Security Contract for Huanggang Port

SU Group Holdings Limited has been awarded a contract to install an Under Vehicle Surveillance System (UVSS) at the new Huanggang Port, a major border crossing between Hong Kong and Shenzhen. The project includes six AI-enabled UVSS units designed to enhance vehicle clearance and security. The port, set to open on July 1, aims to handle 200,000 to 300,000 daily passenger trips and 15,000 vehicles, reducing clearance times from 30 minutes to just 5 minutes. The UVSS technology will scan for contraband and hidden compartments under vehicles. Despite this contract win, SU Group's stock has seen a significant decline of 85% over the past year. The company has also recently completed a $6 million public offering and secured additional contracts with the Hong Kong Civil Aviation Department. The installation at Huanggang Port is expected to bolster SU Group's credibility in high-security infrastructure projects.

Key Points: • SU Group awarded contract for Under Vehicle Surveillance System at Huanggang Port. • The port aims to reduce vehicle clearance times from 30 minutes to 5 minutes. • SU Group's stock has declined 85% over the past year despite recent contract wins.