PCITECH Establishes R&D Centre in Hong Kong to Boost Global AI and Transportation Innovations

Mainland professional AI technology product and service enterprise opens R&D centre in Hong Kong as regional headquarters

Invest Hong Kong (InvestHK) today (January 21) announced that a Mainland professional artificial intelligence (AI) technology product and service provider, PCI Technology Group Co. Ltd. (PCITECH), has established a research and development (R&D) centre in Hong Kong as its regional headquarters responsible for Hong Kong and overseas business and industrial co-operation. This move is an important step following the company's visit to the Middle East last year with a business delegation led by the Chief Executive, Mr John Lee, marking another significant progress in PCITECH's internationalisation strategy by leveraging Hong Kong as a springboard.

Associate Director-General of Investment Promotion of InvestHK Mr Arnold Lau said, "We welcome PCITECH to establish an R&D centre in Hong Kong and set the city as its regional headquarters to expand to the world. It further enhances Hong Kong's status as an international technology innovation hub and brings more innovative intelligent transportation solutions to Hong Kong and overseas markets. We look forward to closer co-operation with PCITECH to assist them in going deeper and further in the international market."

The Chairman and Executive President of PCITECH, Ms Emily Chen, said, "Hong Kong, as a hotbed for technological innovation and business development, provides PCITECH with a rare development platform in terms of policy support and market opportunities. Through the R&D centre established in Hong Kong, the company will further strengthen its technological innovation capabilities in AI, big data, and smart transportation and leverage the city's international resources to further expand the global market."

She added, "Hong Kong, as a 'super connector' between the Chinese Mainland and the world and an international business and financial centre, has its unique advantages in regional co-operation and extensive business network covering the Middle East, Southeast Asia, and other Asia-Pacific regions. It provides critical support for us to establish a base in the city and promote resource sharing, technology exchange, and market expansion with Mainland and overseas enterprises, while also allowing us to easily connect with global investors and partners, as well as enhancing international brand influence. Under the support of a mature and stable financial system and policies conducive to innovative technology, AI, and smart city development, PCITECH is actively preparing for its listing in Hong Kong, fully utilising Hong Kong's stable investment environment and global capital aggregation advantages to provide strong guarantees for its global expansion."

Established in 1992, PCITECH is headquartered in Guangzhou, with two major AI research institutes, four national-level R&D institutions, and more than 10 provincial and municipal R&D institutions and research bases, undertaking dozens of national and provincial-level major research projects, and gathering nearly 4 000 talents from different science and technology fields. By 2025, the cumulative number of national invention patents and software copyrights applied for has exceeded 2 000.

PCITECH's smart metro solutions have been deployed in more than 40 cities worldwide, across over 110 metro lines and more than 2 200 stations, with a cumulative service length exceeding 4 100 kilometres. The company has delivered a number of large-scale benchmark urban rail projects, including high-value projects for Guangzhou Metro, Changsha Metro and Chengdu Metro, and has established a nationwide presence across the urban rail transit value chain.

For more information about PCITECH, please visit www.pcitech.com.

To download photos, please visitwww.flickr.com/photos/investhk/albums/72177720331570713.

Mainland professional AI technology product and service enterprise opens R&D centre in Hong Kong as regional headquarters Source: HKSAR Government Press Releases

Mainland professional AI technology product and service enterprise opens R&D centre in Hong Kong as regional headquarters Source: HKSAR Government Press Releases

ExCo Non-official Members congratulate successful launch of manned Shenzhou-23 spacecraft

The following is issued on behalf of the Executive Council Secretariat:

Non-official Members of the Executive Council (ExCo) today (May 24) warmly congratulate the successful launch of the Shenzhou-23 manned spaceship. They extend their highest respect to all crew members, including Dr Lai Ka-ying, the first payload expert from the Hong Kong Special Administrative Region (HKSAR).

The Convenor of ExCo Non-official Members, Mrs Regina Ip, said, "This year marks the beginning of the National 15th Five-Year Plan. This mission is the first manned spaceflight during the 15th Five-Year Plan period and the first time a Hong Kong expert has participated, which is a truly momentous occasion. I extend my heartfelt gratitude to the country for providing Hong Kong's innovation and technology talent with this invaluable opportunity to take part in the country's aerospace endeavours. Dr Lai has successfully undergone the rigorous selection and training process to become one of the country's fourth batch of astronauts, and China's fourth female astronaut to reach space, contributing Hong Kong's strength to the national aerospace endeavours. She has exemplified the Lion Rock spirit of rising to challenges with resilience and perseverance. Her courage and determination are truly admirable, and all Hong Kong citizens are immensely inspired and proud of her. The understanding and support of her family are also essential for her to participate in this mission with resolution. I am deeply grateful for their support and commitment.

"The HKSAR Government is actively developing Hong Kong into an international innovation and technology centre and supporting promising research projects through various funding schemes. As an example, the Multi-Spectral Imaging Carbon Observatory (MUSICO) camera, developed under a project led by the Hong Kong University of Science and Technology and funded by the Government's Innovation and Technology Support Programme Special Call on Aerospace Technology, has successfully arrived at China's Tiangong Space Station, becoming Hong Kong's first scientific payload aboard the station. This fully demonstrates Hong Kong's innovation and technology edge and talent advantages."

Non-official Members of the Executive Council expressed their heartfelt gratitude to the country for its high recognition of Hong Kong's innovation and technology talent, development and achievements, as well as its profound emphasis, care and support for Hong Kong's scientific and technological development. They firmly believe that the HKSAR Government will seize this historic moment to nurture more outstanding innovation and technology talent for the country and Hong Kong, and better integrate into and serve the country's overall development.

Source: AI-found images