On June 30th, HOPU Investment announced the formal signing of a memorandum of cooperation at the inauguration ceremony of the Macao International Technology Industry Center.
HOPU Investment will apply its extensive experience and substantial capabilities in cross-border transactions, technology investment, and deep value-creation for portfolio companies to the development of Macao and the broader Greater Bay Area.
HOPU (Macao) Investment Fund Management Co., Ltd. (referred to as "HOPU Macao") recently obtained the first investment fund management company license issued following the implementation of Macao's new Investment Fund Law.
The signing of this strategic cooperation memorandum further underscores HOPU's long-term commitment to supporting the appropriate diversification of Macao's economy and fostering the development of its technological innovation ecosystem.
This agreement will help accelerate the mission of the Macao International Technology Industry Center to establish itself as a "one-stop" technology hub connecting Macao, Hengqin, the Greater Bay Area, mainland China, Portuguese-speaking countries, and the broader international market.
The two parties will jointly explore cooperation opportunities within Macao's knowledge economy, including introducing promising technology projects, assisting enterprises in transitioning from R&D incubation to commercial application, precisely matching investment and financing opportunities, and supporting talent cultivation.
Han Gang, President of HOPU Investment, stated, "As Macao embarks on its next phase of development, HOPU is deeply honored to contribute to this city. Macao possesses unique advantages: in addition to favorable policies, it has deep connections with mainland and Portuguese-speaking markets, a growing talent pool, and an increasingly important role within the Greater Bay Area. Through cooperation with the Industry Center, we aim to introduce HOPU's pan-Asian and global networks, portfolio company resources, investment expertise, and corporate operational capabilities to help establish a technological innovation ecosystem that creates long-term value for Macao."
It is reported that Arm China, under HOPU Investment, has already signed a cooperation memorandum with the Industry Center to establish an Arm ecosystem incubation platform in Macao for enterprises in integrated circuits and related fields.
Through this platform, Arm China will provide support to eligible resident enterprises regarding intellectual property (IP) licensing fees, helping startups lower technical barriers and accelerating the growth of technology companies in Macao.
Comments