Tycoon Li Ka-shing pledged an extra 10 million yuan (HK$11.81 million) to back Guangdong Technion Israel Institute of Technology as a hub of innovation in Guangdong.
Li Jiange, the institute's chancellor, cited the fresh contribution, adding the Li Ka Shing Foundation donated US$130 million (HK$1.01 billion) to the institution five years ago.
He also praised ex-Guangdong governor Zhu Xiaodan for facilitating the establishment of the institution in Shantou.
Several hundred overseas and Chinese guests and students gathered yesterday to witness the inauguration of the institute.
Speaking at a dinner reception, the tycoon's younger son Richard Li shared his prominent father's expectations of him.
"My father always reminded me that there is no limit to the quest for knowledge. His unwavering support of higher education and research to better mankind is a testament to this belief," he said.