Under the care and guidance of the Central People's Government and the Government of the Hong Kong Special Administrative Region, ho leung ho lee foundation has formed a scientific and reasonable award structure and a rigorous, efficient and convenient selection procedure since 16. Always maintain an objective, fair, authoritative and credible selection record. According to the current selection regulations, the fund has "Science and Technology Achievement Award", "Science and Technology Progress Award" and "Science and Technology Innovation Award".

There are no more than five "scientific and technological achievement awards" each year, and medals and bonuses of HK$ 6,543,800+are awarded; The total number of "Science and Technology Progress Award" and "Science and Technology Innovation Award" shall not exceed 65, and corresponding medals and prizes of HK$ 200,000 shall be awarded respectively. Among them, the number of "Science and Technology Progress Award" and "Science and Technology Innovation Award" is determined by the selection committee according to the ratio of 3: 1 to 2: 1.