The University has established subsidiaries, associates and joint ventures for various purposes, inter alia commercialization of technologies, consultancy, research and development, self-financing education, etc.

The establishment and role of the direct subsidiaries of the University are described below:


PolyU Enterprise Plus Limited


PolyU Enterprises Limited (PearL), a company limited by shares, was incorporated in October 2001 as the investment holding company of the University for commercialization of technologies developed by the University. Pursuant to the restructuring plan as approved by the Council, PearL Plus was established in April 2014 to replace PearL, which was wound up in November 2016.



PolyU Technology and Consultancy Co. Limited


PolyU Technology and Consultancy Co. Limited (PTeC), incorporated in August 1996 as a company limited by guarantee, is the strategic professional service arm of the University. PTeC provides consultancy and technology transfer services to the business sector, government institutions and non-profit making organizations. PTeC is also a platform used to shield the University and its Council from potential risks and unforeseen liabilities.



College of Professional and Continuing Education Limited and Hong Kong Community College (HKCC)


The College of Professional and Continuing Education Limited (CPCE) is an independent self-financed arm of the University established in October 2002. The self-financed programmes at post-secondary level are offered through two subsidiaries of the University, namely CPCE Limited and the Hong Kong Community College (HKCC). CPCE Limited, incorporated in June 2003 as a company limited by guarantee, includes the School of Professional Education and Executive Development (SPEED) and CPCE supporting offices. SPEED offers undergraduate programmes and short courses, while HKCC, established in October 2001 as a company limited by guarantee, offers sub-degree programmes.



Hotel ICON Limited


Hotel ICON Limited was established in October 2008 as a company limited by guarantee to operate, in conjunction with the University, a hotel on a competitive basis in the market according to industry standards and practices so as to provide research facilities, and learning and training opportunities for the purposes of developing, promoting and advancing education in the field of hospitality and tourism management and related subjects.  



PolyU Research Limited


PolyU Research Limited (PURe), a company limited by shares, is the investment holding company for holding the subsidiaries of the University to conduct research and development activities since April 2004.   The subsidiary of PURe in the Chinese mainland, namely 理大產學研基地(深圳)有限公司 (PolyU Base), together with the business unit of the University in Shenzhen, namely 香港理工大學深圳硏究院 (SZRI), are collectively known as the Shenzhen Base of the University. To capitalize on the setup in Shenzhen and the related policy and funding support from the government, Shenzhen Base is positioned as an extended campus of the University in support of its research, entrepreneurship development and education in the Pearl River Delta region.



Campus Facilities Management Company Limited


Campus Facilities Management Company Limited (CFM) was established in June 2004 as a company limited by shares to initially provide quality cleaning service to the University. It has gradually extended its services to include security guarding and soft landscaping maintenance. CFM has been operating on a cost-recovery basis, with established purchasing procedures. The daily management of CFM has been outsourced to an external property management company since its formation.

Being a separate legal entity, each subsidiary has its own governing body. These governing bodies comprise members drawn from the University, private/public organizations and industry experts. Depending on the operational requirement of individual companies, the governing body of a respective subsidiary may appoint a Chief Executive Officer (CEO) or General Manager (GM) to implement the strategies and policies as approved by the governing body and to oversee the day-to-day management of the subsidiary in accordance with the approved business plan and within approved budgets. The roles of CEO/GM and Chairman of the Board of Directors are separate and distinct, with a clear and effective division of accountability and responsibility.




Related Document

- Corporate structure of the University and its subsidiaries, associates and joint ventures (restricted access)