#Hong Kong #Fire Recovery #Qiming Venture Partners #Tai Po #Wang Fuk Court

Qiming Venture Partners Helps Tai Po Residents

In a remarkable display of corporate responsibility, Qiming Venture Partners has made a significant donation of HK$3 million to the Tai Po Wang Fuk Court Aid Fund. This initiative aims to offer critical support to residents affected by a catastrophic Grade 5 fire that erupted in the Wang Fuk Court complex in Tai Po, Hong Kong, on November 26, 2025.

Fire Incident Overview

The blaze, which spread rapidly across multiple residential buildings, caused extensive damage and alarmed the local community. In response to the need for immediate aid, the Hong Kong SAR Government promptly established the Tai Po Wang Fuk Court Aid Fund with an initial allocation of HK$300 million on November 27. The fund serves to mobilize social resources to facilitate efficient recovery efforts for those impacted by the disaster.

Qiming's Timely Contribution

Qiming Venture Partners, acknowledging the urgency of the situation, quickly responded by donating HK$3 million to the fund on November 28. This contribution not only exemplifies their commitment to social corporate responsibility but also reflects their dedication to the community's welfare. Qiming stated their deep sorrow for the families affected by the tragedy and expressed heartfelt gratitude towards the brave firefighters and rescue teams who worked tirelessly to manage the crisis.

The company's involvement is part of a broader call to unite various sectors of society in support of the recovery efforts. Qiming highlighted the importance of collaborative action, urging businesses and individuals to contribute to the relief campaign and assist in rebuilding the affected neighborhoods.

A Message from Qiming Venture Partners

In their statement, Qiming Venture Partners conveyed, "We are profoundly saddened by the devastating impact this fire has had on residents. It is times like these that we must come together as a community to provide support and understanding. We hope our contribution will help lessen the burden for those affected and facilitate a quicker return to normalcy."

About Qiming Venture Partners

Founded in 2006, Qiming Venture Partners has established a robust presence in the venture capital landscape, managing multiple funds with a total capital of $9.5 billion. The firm focuses on early to growth-stage investments in technology and healthcare sectors. Over the years, Qiming has successfully backed more than 580 innovative companies, including Xiaomi, Meituan, and Bilibili, among others. Over 210 of their portfolio companies have achieved successful exits, with many now ranking as key players in their industries.

This latest act of philanthropy underlines Qiming's belief in supporting communities during challenging times and reinforces their ongoing commitment to driving positive impact through strategic investments and community engagement. The hope remains that this donation will inspire others to lend their support to recovery efforts, ultimately leading to a strengthened and rebuilt Wang Fuk Court community.