According to a message from ChainCatcher and Hong Kong Commercial Daily, Meitu founder Cai Wensheng purchased the entire building in Tin Hau for approximately HKD 650 million. The transaction involves the 'Park Aura' commercial building on Tin Hau Road, which was completed in 2020, stands 25 stories high (from basement to 24th floor), with a floor area of about 2,041 square feet and a total floor area of approximately 53,000 square feet.
Cai Wensheng stated on social media that he plans to turn the building into an AI-Web3 entrepreneurship center: The 1st and 2nd floors will feature an AI-themed café (similar to a garage café model), along with a space for AI technology lectures. Some floors are designated as AI-Space co-working areas, available for free to Hong Kong entrepreneurs to apply for use. The remaining floors are planned as studios for AI and Web3 fields.