21 December 2023 – Lenovo Chairman and CEO Yuanqing Yang introduced that he’ll make a private donation of RMB 200 million (approx. US$28 million) to the College of Science and Expertise of China (USTC), Yang’s alma mater college, to drive scientific analysis innovation and nurture younger expertise.
The donation is in recognition of the college’s sixty fifth anniversary. Yang’s donation shall be used to help the development of a brand new educating constructing for younger expertise specializing in scientific analysis and innovation. Situated on the East Campus of USTC in Hefei, China, the brand new constructing will break floor in early 2024 and is because of be accomplished in 2028 in time for USTC’s seventieth anniversary.
In his speech on the ceremony yesterday, Yang mentioned that he hopes that with this new facility at USTC, the younger expertise who will research on this constructing, as soon as development has been accomplished, will obtain glorious ends in the first-class studying and scientific analysis surroundings. He additionally hopes that they’ll goal excessive and commit themselves to scientific analysis, contributing to drive scientific improvement. “It could be my nice honor if I might encourage some alumni to move on the tradition of giving again to my alma mater,” mentioned Yang. It doesn’t matter what routes college students determine to observe post-graduation; Yang hopes that they’ll additionally keep in mind their years of research spent on the college.
Yang has a powerful enthusiasm for advancing training, and an space he’s dedicated to philanthropically.
- In 2015, he donated RMB 10 million to Shanghai Jiao Tong College to ascertain the Yang Yuanqing Schooling Fund and the 1985 CS Graduates Schooling & Growth Fund.
- In 2015, the College of North Carolina (Chapel Hill) created the Yang Students program on the UNC College of Medication to acknowledge people who’ve made important scholarly contributions to their area and obtained nationwide recognition for his or her analysis.
- In 2017, he made one other RMB 10 million donation to ascertain an training fund at USTC.
- In 2020, he donated an additional RMB 10 million to help COVID-19 analysis at USTC and the event of the College’s Well being Companies Analysis Middle and Public Well being and Preventive Medication self-discipline.
- He made one other donation of RMB 100 million in 2021 to Shanghai Jiao Tong College to construct a state-of-the-art liquid-cooling high-performance computing heart.
- In 2022, he expressed his help to scientific analysis innovation and proficient younger mathematicians by making donation to Qiuzhen Faculty of Tsinghua College.