NONGFU SPRING(HK:09633) Sou Hu Cai Jing·2025-11-24 03:54Core Insights - Zhong Shanshan, the founder of Nongfu Spring, has made significant contributions to education, including a recent donation through the Zhong Ziyi Education Fund aimed at supporting Zhuji Middle School [1] - In 2023, Zhong announced plans to donate 40 billion yuan over the next decade to establish a new university, referred to as Qiantang University [1] - Despite his wealth, Zhong has not appeared on the Hurun Charity List, although he has engaged in various charitable activities, including anonymous donations to several prestigious universities [4] Group 1 - Zhong Shanshan's recent donation to Zhuji Middle School is part of a broader commitment to education, with a total planned donation of 40 billion yuan over the next ten years [1] - The Zhong Ziyi Education Fund, established in 2018, has funded at least 14 projects in education, research, and culture, although specific donation amounts have not been disclosed [1] - Zhong has made substantial anonymous donations to top universities, including Tsinghua University and Peking University, totaling several hundred million yuan [4] Group 2 - In 2024, Zhong Shanshan faced public scrutiny due to controversies surrounding Nongfu Spring, including criticism for a perceived inadequate response to a natural disaster [6] - Following the backlash, Nongfu Spring clarified its charitable contributions, stating that the total donations from the company exceeded 900 million yuan as of December 31, 2023 [6] - Despite the controversies, the company's stock price has largely recovered, and Zhong has shifted back to a low-profile approach, focusing on philanthropic activities [6]