WANG & LEE GROUP ANNOUNCES SUCCESSFUL COMPLETION OF HONG KONG’S FIRST LOCALLY DEVELOPED SMART FLOORING PROJECT, TRANSFORMING STEPS INTO CLEAN ENERGY
March 28 2025 - 10:43AM
Wang & Lee Group, Inc.
(Nasdaq:
WLGS) (the
“Company”) today announced the successful installation of the first
ever developed and made in Hong Kong smart flooring system capable
of converting kinetic energy from human footsteps into usable
electricity. This milestone achievement, developed in collaboration
with City University of Hong Kong (“CityU”), marks a transformative
leap in sustainable infrastructure and underscores the Company’s
commitment to its Environmental, Social and Governance initiative
and advancing innovative clean energy technologies.
The groundbreaking smart flooring project,
installed in the high pedestrian traffic corridor in Hang Seng Bank
Headquarters Building in Central, Hong Kong, utilizes advanced
piezoelectric and electromagnetic technologies to harness energy
generated by pedestrian movement. This energy is stored in
integrated batteries and can power lighting, digital signage, and
other low-voltage applications, reducing reliance on traditional
power sources.
Mr. Ho, CEO of Wang & Lee
Group, stated, “Today’s success is a testament to
Hong Kong’s spirit of innovation and our shared vision for a
greener future. By turning everyday actions like walking into a
source of clean energy, we are redefining urban sustainability.
This project aligns perfectly with global efforts to combat climate
change and demonstrates the tangible impact of smart city
technologies.”
The initiative builds on the strategic
partnership between Wang & Lee Group and CityU’s School of
Energy and Environment, announced earlier this year. Combining the
Company’s engineering expertise with CityU’s research capabilities,
the project overcame technical challenges to optimize energy
efficiency and durability for high-traffic environments.
Looking Ahead: Expanding Renewable
Energy Frontiers
Buoyed by this achievement, Wang & Lee Group
plans to deploy similar systems in transportation hubs, commercial
complexes, and public spaces across Hong Kong. The Company is also
accelerating Research and Development in complementary
technologies, including solar-integrated pavements and AI-driven
energy management systems, to create holistic renewable energy
ecosystems.
“This is just the beginning,” added Mr.
Ho. “Our mission is to make renewable energy accessible,
scalable, and seamlessly integrated into daily life. We are
actively exploring partnerships and pilot projects worldwide to
bring these solutions to communities in need of sustainable
infrastructure.”
About WANG & LEE GROUP, Inc.
WANG & LEE GROUP, Inc. is a Hong Kong-based
construction prime and subcontractor engaging in the installation
of Electrical & Mechanical Systems, which includes low voltage
(220v/phase 1 or 380v/phase 3) electrical system, mechanical
ventilation and air-conditioning system, fire service system, water
supply and sewage disposal system installation and fitting out for
the public and private sectors. It is also able to provide design
and contracting services to all trades in the construction
industry. Their clients range from small startups to large
companies.
Cautionary Note Regarding Forward-Looking
Statements
This press release contains forward-looking
statements that are subject to various risks and uncertainties.
Such statements include statements regarding the Company's ability
to grow its business and other statements that are not historical
facts, including statements which may be accompanied by the words
"intends," "may," "will," "plans," "expects," "anticipates,"
"projects," "predicts," "estimates," "aims," "believes," "hopes,"
"potential" or similar words. Actual results could differ
materially from those described in these forward-looking statements
due to certain factors, including without limitation, the Company's
ability to achieve profitable operations, customer acceptance of
new products, and future measures taken by authorities in the
countries wherein the Company has supply chain partners, the demand
for the Company's products and the Company's customers' economic
condition, the impact of competitive products and pricing,
successfully managing and, general economic conditions and other
risk factors detailed in the Company's filings with the United
States Securities and Exchange Commission. The forward-looking
statements contained in this press release are made as of the date
of this press release, and the Company does not undertake any
responsibility to update the forward-looking statements in this
release, except in accordance with applicable law.
For more information on the companies, please log on
to WANG & LEE GROUP, Inc.:
https://www.wangnleegroup.com/Email: ir@wangnlee.com.hk
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