CHINT ELECTRICS(SH:601877) Chang Jiang Shang Bao·2025-06-26 23:29Core Viewpoint - Chint Electric, a leading industrial electrical appliance company in China, is actively engaged in public welfare initiatives, announcing a donation of up to 3.5 million yuan to the Chint Foundation for various social and charitable causes, with a total expected donation of up to 33 million yuan by 2025 [1][2] Group 1: Donations and Social Responsibility - The donation funds will come from the company's own resources and will not significantly impact its operating performance [2] - Chint Foundation focuses on rural revitalization, industry promotion, cultural education, environmental protection, and disaster relief [2] - In 2024, the company invested 14.38 million yuan in donations and public welfare projects, benefiting 240,000 people [2] Group 2: Rural Revitalization Efforts - Chint Electric is innovating business models to develop household power stations and is collaborating with local governments to create photovoltaic clean energy towns, aiding poverty alleviation and increasing farmers' income [2] - The company has partnered with various towns and villages in Zhejiang Province, donating 50,000 yuan and 190,000 yuan to different localities in January 2024 [2] Group 3: Educational Support Initiatives - The "One Kilowatt" donation program initiated by Chint Electric's subsidiary has donated over 4 million yuan for educational projects across multiple provinces [3] - In May 2024, the program donated over 400,000 yuan in scholarships to support 155 students from rural disadvantaged families [3] - The company also provided 140 sets of desks and over 700 books to a school in Hunan Province [3] Group 4: Broader Philanthropic Activities - In 2024, the Zhejiang Chint Public Welfare Foundation donated nearly 9 million yuan to various educational and entrepreneurial projects, supporting rural revitalization and cultural heritage [4]