China Mobile-Backed Venustech Became State-Owned, Establishes Presence in Hong Kong to Safeguard Cybersecurity

Venustech, gaining China Mobile investment, has set up Hong Kong base recently, its main customer is the departments of government in Mainland. Richard Feng, General Manager of Venustech Hong Kong, says during receiving interview of Bastillepost that the company is providing cybersecurity service for Hong Kong Judiciary and going to bid on the projects in Singapore and Dubai.

Richard Feng, General Manager of Venustech Hong Kong.

Established in 1996, listed on the Shenzhen A-Share market in 2011, Venustech is the earlist Chinese company listed on share market on cybersecurity field. In 2023, Venustech issued shares to China Mobile Capital, gathering about 4.062 billion Yuan, which made China Mobile become the actual controller of Venustech, and Venustech also get into the “national team” of cybersecurity.

As the biggest operator in the world, China Mobile provides broad space for the development of Venustech, and it would also collaborate with China Mobile to operate some civic projects to dig into Hong Kong market, says Richard Feng, General manager of Venustech Hong Kong.

This year, Venustech built partnership with local companies hAnst and Microware and officially got into Hong Kong and Macau market. At present, the main business of Venustech in Hong Kong are the software and hardware of cybersecurity service, including products like WAF (Web Application Firewall). Richard Feng says that broading Hong Kong market can make Venustech further fit into international standard and face international market. So far, Venustech has had some oversea projects been implementing, such as the airport projects in Dubai and Singapore.

Richard Feng mentions that as a state-owned enterprise, Mainland customers of Venustech are mainly departments of government. For example, Venustech used to give technological support to the cybersecurity team of Public Security Bureau and National Security Bureau to solve some relative cases. Venustech also has provided professional support to HW Campaign organized by Public Security Bureau.

Venustech mainly serves departments of government in Mainland, now it is providing service for Hong Kong Judiciary and going to bid on projects in Singapore and Dubai.

“In Hong Kong, we are also mainly open to departments of government, such as Security Bureau, Hong Kong Police,” says Richard Feng, “Besides, there are some financial agencies, including regular banks and international investment banks.” Venustech is the provider of cybersecurity service for Hong Kong Judiciary. Since 2024, Venustech has begun following the projects of Hong Kong Police, which mainly focus on cybersecurity, including hacker attack targeting at blackmail.

Richard Feng introduces that Venustech does cybersecurity vulnerability management for Hong Kong Government, and makes personal solutions. Meanwhile, Venustech also uses experience in Mainland to train Hong Kong practitioners to let them equip basic knowledge of cybersecurity.

To better fit into Hong Kong market, Venustech would do product anglicization to align with international standard, with preferential price specially approved by the headquarter, and use the highest quality of products to bid on projects in Hong Kong. Richard Feng says: “We will do preferencial promotions by providing technological service to Hong Kong Government for free, for example, we will provide best cybersecurity offensive and defensive personnel, also known as ‘white hat hackers’, which are lack in Hong Kong. These ‘white hat hackers’ would help check cybersecurity level of various departments of government. At the same time, we can response fast and efficiently if our clients have any need.”

Venustech's Participation in the "Cybersecurity Health Check" Event in Hong Kong (July 2025). Photo from Internet.

He also introduces that even though Venustech did not operate Hong Kong market until April last year, it set up Zhibai College as early as 2017,  it has established eight course systems so far, provided over 1000 times cybersecurity training for government and different industries, participated in organizing almost 100 significant cybersecurity competitions and trained also 500 award winners of cybersecurity competitions. Richard Feng introduces that Venustech has established Zhibai College Hong Kong Branch so far and done three training sessions so far to cultivate more talents on cybersecurity for Hong Kong.

“We will do some higher level training in the future. We are communicating with local universities, and may set up relevant majors in universities in the future,” says Ricahrd Feng.

The firewall product of Venustech guards cybersecurity. (Photo by Bastillepost)

In the process of Venustech establishing presence in Hong Kong, Invest HK has provided support for it. In the stage of Venustech planning business in Hong Kong, Invest HK has provided overall and detailed market information to Venustech for free, covering key informations like the cybersecurity market scale in Hong Kong, industrial competition and  potential customer group distribution, helped Venustech  make business strategy suitable for Hong Kong market needs.

During the setup of the company, Invest HK coordinated Working Visa applications of relevant staff of Venustech, making Venustech could root in Hong Kong rapidly. After established presence in Hong Kong, Invest HK built industrial communication platform for Venustech, providing the opportunity to build connections with local and international enterprises, helped it integrate into Hong Kong's business ecosystem. At the same time, Invest HK also assisted Venustech connect with Hong Kong industrial chamber of commerce, helped Venustech develop its business in Hong Kong and inject new vatality into Hong Kong cybersecurity industry.​

Under the support of Invest HK, Venustech successfully establishes presence in Hong Kong and fits into Hong Kong commercial ecosystem. (Photo from Internet)

At present, Venustech is preparing to bid on the projects of Hong Kong Judiciary. “Since they have used our products for Phase one and Phase two, we have confindence in bidding on Phase three, ” Says Richard Feng.

In the first nine months of this year, Invest Hong Kong (InvestHK) has assisted around 550 overseas and Mainland companies in setting up or expanding their businesses in Hong Kong. Alpha Lau, Director-General of Investment Promotion, said the companies are expected to bring more than HK$70 billion in direct investment to Hong Kong in their first year of operation or expansion.

Invest Hong Kong. Photo by Bastille Post

Lau stressed that InvestHK’s support does not end once a company has established a presence. It will continue to help these companies build local networks, identify partners, and prepare for their next phase of growth, including expanding into international markets. She noted that through the GoGlobal Task Force, InvestHK has supported over 300 Mainland enterprises in establishing or expanding their operations in Hong Kong, with many expressing a desire to use the city as a springboard to go global. InvestHK has also organised more than 20 promotional events, attracting over 5,000 business representatives.

Meanwhile, the Hong Kong FinTech Week x StartmeupHK 2026, jointly organised by the Financial Services and the Treasury Bureau, the Commerce and Economic Development Bureau and InvestHK, will be held from November 2 to 6. The event is expected to attract more than 45,000 participants from over 120 economies, over 1,000 speakers, more than 800 exhibitors and startups, and over 30 delegations from the Mainland and overseas markets.

Alpha Lau, Director-General of Investment Promotion. Photo source: reference image

Lau said this year’s event will focus on three engines: "Finance+", "AI+" and enterprises "going global", reflecting Hong Kong’s strategic direction in promoting innovation and economic development, facilitating industrial transformation, and supporting businesses in expanding into multiple overseas markets. She added that the event will bring together global innovators, investors and enterprises to accelerate corporate internationalisation and seize new opportunities.