Established in 1991, CityU Enterprises Limited ("CityUE") aims to support the University to enhance technology transfer and to nurture a culture of entrepreneurship. Its primary objective is to incubate the research outputs of University faculty members and to build up strong links with the business and industrial sectors.

Currently, CityUE group has 12 companies, comprising CityUE and a portfolio of one subsidiary company, two associate companies and eight investee companies.