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HKBU X CPC Fund MOU Signing Ceremony and Innovation & Technology Capital Forum

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The MOU is signed by Mr Edmond Lam, Director of the Knowledge Transfer Office of HKBU (left, front row) and Mr King Ma, Founding Partner of CPC Fund (right, front row), in the presence of (from left, back row) Mr Alfred Sit, Senior Advisor to the President and Vice-Chancellor of HKBU; Professor Terence Lau, Interim Chief Innovation Officer of HKBU; Professor Martin Wong, Provost of HKBU; Mr Frank Chan, HKSAR Deputy to the National People’s Congress; Mr Johnny Chan, Chief Investment Officer of Hong Kong Cyberport Management Company Limited; Mr Hendrick Sin, Chairman of CPC Fund; and Mr Liang Zhu, Investment Partner of CPC Fund.
Professor Terence Lau, Interim Chief Innovation Officer of HKBU (left) presents a souvenir to Mr Hendrick Sin, Chairman of CPC Fund (right).

On October 22, Hong Kong Baptist University (HKBU) and China Prosperity Capital (Shenzhen) Equity Investment Management Co., Ltd. (CPC Fund) signed a Memorandum of Understanding (MOU). According to the MOU, CPC Fund will invest no less than HK$10 million in HKBU start-ups to support the commercialisation of research outputs.

The MOU was signed by Mr Edmond Lam, Director of Knowledge Transfer at HKBU, and Mr King Ma, Founding Partner of CPC Fund. The ceremony was witnessed by distinguished guests including Mr Alfred Sit, Senior Advisor to the President and Vice-Chancellor of HKBU, and Mr Frank Chan, HKSAR Deputy to the National People’s Congress, among others.

Mr Edmond Lam remarked: “Investment of capital and resources from market-oriented organisations is needed to support the promotion of knowledge transfer and translation of research output into productivity in practice. With its wealth of experience in innovation and entrepreneurship, CPC Fund will be able to offer invaluable support to HKBU’s knowledge transfer efforts.”

Mr Hendrick Sin, Chairman of CPC Fund stated: “The country places great importance on the development of scientific and technological innovation. Hong Kong has an excellent academic research environment and the unique advantage of ‘One Country, Two Systems’, while Shenzhen boasts a wealth of industrial talent and funding from various regions. By leveraging the development of artificial intelligence to create new opportunities, we look forward to the collaborative development between Shenzhen and Hong Kong, complementing each other in various aspects and jointly promoting innovation and technology.”

Mr King Ma highlighted: “Scientists need to adapt to the identity shifts in their entrepreneurial journey, considering the demand for technology, application scenarios, and the feasibility of industrialisation. At the same time, in addition to core technical members, it is essential to have members focused on industrialisation to build a well-rounded team for success.”

Professor Terence Lau, Interim Chief Innovation Officer of HKBU concluded: “In the future, through the scientific research capabilities of universities, the flexibility of start-ups, and the financial support from investors, we can create a powerful ecosystem to jointly accelerate the development of technology.”

This partnership aims to strengthen HKBU’s knowledge transfer initiatives and foster innovation and entrepreneurship. We eagerly anticipate the promising results of this collaboration.

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