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.
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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
