SHKP Quarterly

Signing ceremony for the collaboration between the Group and PolyU 集團與理大合作簽署儀式 Collaboration with universities and high-tech companies on innovative green building technologies Innovative technology is of utmost importance to the Group's sustainability initiatives in all aspects of property-related development. The Group partners with various local universities and scientific research institutions to drive the development of innovative green buildings. For example, in 2005, the Group and The Hong Kong Polytechnic University (PolyU) joined hands to research and develop innovative green building technology, utilizing the advantages from the collaborative development of enterprises, universities and research institutions, and successfully applied this technology in the construction of ICC. In recent months, the Group collaborated with PolyU again, focusing on the research work in three areas: Green Application, Green Materials and Green Processes. The research work includes the joint development of a smart, efficient, flexible energy management system, using the development atop the High Speed Rail West Kowloon Terminus as a pilot project to transform, realize and commercialize building technology research outcomes. For the development atop the High Speed Rail West Kowloon Terminus, the joint team will develop a solution for the full life cycle of smart energy-saving system by making use of technological advances in artificial intelligence, IoT and digital twin, to control energy distribution in real time, maximizing the energy-saving effects. The team will also optimize carbon activation to offset part of the carbon emissions during concrete production to produce more environmentally friendly, green building materials. The Group will also work with PolyU to build the first ever blockchain platform to record the Building Information Model (BIM) of every project, as an easy reference for stakeholders, thus maximizing traceability, which is in line with the government’s comprehensive promotion of the adoption of electronic approvals in the construction industry, contributing to smart city planning in the long run. The Group's two property management companies have also proactively partnered with universities and technology companies to develop innovative technology applications in property management. For example, Hong Yip is currently co-developing with Hong Kong Metropolitan University an IoT solution for preventive maintenance and environmental monitoring in property management for water pumping systems. The IoT-based solution will be developed by using the dynamic operational data. The solution will strengthen the property management team's capabilities of data collection and analysis, in order to help identify potential problems and risks at an early stage, ultimately enhancing operational efficiency and lifespan of equipment. Another example is Kai Shing's collaboration with two innovative technology start-ups to optimize the building performance, efficiency and sustainability of ICC, through a joint digital twin project using BIM. It helps form a connection with the existing analysis tools and monitoring system, making use of visualization, data analysis and project performance in order to simulate, predict and optimize project efficiency. Kai Shing also leveraging this experience proactively conducts staff training to prepare for the future applications of the solution in other projects. Feature Story Vol 106 • Q4 2022 • SHKP Quarterly 6 專題故事