According to the Hong Kong Commercial Report from ChainCatcher, Meitu founder Cai Wensheng purchased the entire Tin Hau commercial building for approximately 650 million Hong Kong dollars. The transaction target is the "Park Aura" building located on Tin Hau Road, which was completed in 2020, stands 25 floors high (from basement to 24th floor), with a single floor area of about 2,041 square feet and a total floor area of approximately 53,000 square feet.
Cai Wensheng posted on social media that he plans to transform the building into an AI-Web3 startup center: the 1st and 2nd floors will feature an AI-themed cafe (similar to garage coffee model), with accompanying AI technology lecture spaces. Some floors will be designated as AI-Space shared office areas, freely available for Hong Kong entrepreneurs to apply. The remaining floors are planned to be studios for AI and Web3 fields.
