Hong Kong, Oct 18, 2026 - (ACN Newswire) - Megaannum Capital Limited (“Megaannum Capital”), the venture capital platform of the Hong Kong SAR based Megaannum Group, held a signing ceremony at The Peninsula Hong Kong with – Beijing Zhongke Xianxing Venture Capital Management Co., Ltd. (“Zhongke Xianxing Venture Capital”), a venture capital platform under the Chinese Academy of Sciences, the People’s Republic of China. The two parties intend to jointly establish a pre-IPO private equity fund with a target size of RMB1 billion.Ms Joyce Lee, Chairwoman of the Megaannum Group (front row, left), and Dr Biao Li, Partner of Zhongke Xianxing Venture Capital (front row, right), signed the strategic cooperation agreement at the ceremony. Mr Alan Chan, representative of Megaannum Technology (back row, first from left); Dr Sam Shiu, representative of Megaannum Asset Management (back row, second from left); Mr Henry Hui, representative of Megaannum Capital (back row, first from right); and Mr Dixon Chan, representative of Megaannum Group (back row, second from right), witnessed the signing ceremony.
Ms Joyce Lee, Chairwoman of Megaannum Group, said, “This collaboration marks a significant milestone in our shared vision to leverage capital as a catalyst for nurturing and exploiting the potential of cutting-edge technological innovation. By combining resources across different regions, this partnership aims to accelerate the commercialisation of research achievements, effectively bridging the gap between scientific discovery and market application. We are honoured to be appointed as a strategic partner of Zhongke Xianxing Venture Capital. The new fund is designed to provide comprehensive structured financing support bringing sophisticated, advanced technological achievements from the laboratory to the marketplace and at the same time serving as a springboard for the global expansion of companies incubated by the Technical Institute of Physics and Chemistry of the Chinese Academy of Sciences and affiliated institutes. By leveraging Hong Kong’s established role as a premium hub and a bridge between the Chinese Mainland and international capital markets, Megaannum Group strives to provide a vital channel for companies possessing core technologies and strong growth. Our goal is to assist these innovators in accelerating their commercialisation and scaling up efforts on a global stage.”
Dr Biao Li, Partner of Zhongke Xianxing Venture Capital, said, “This partnership with Megaannum Group and the Technical Institute of Physics and Chemistry of the Chinese Academy of Sciences represents a powerful synergy between premier scientific capabilities and the dynamic Hong Kong capital market. Leveraging the Institute’s extensive portfolio of cutting-edge research achievements and Megaannum Group’s expertise in international capital markets, the collaboration bridges the gap between scientific discovery and commercial application. By harnessing Megaannum’s ecosystem as an integrated financial technology group, the partnership provides market-oriented, professional support to high-potential technology projects. Together, the parties will pool their strengths in scientific research, industry and capital to facilitate the transition of outstanding research projects from the laboratory to the marketplace, while paving the way for global expansion.
see more: https://www.acnnewswire.com/press-release/english/110849/