Chang Jiang Shang Bao·2025-11-28 00:17Core Viewpoint - The establishment of the Zhuji City Education Strong City Reward Fund has received a total of 142 million yuan in donations from various enterprises, with Nongfu Spring founder Zhong Shanshan donating 100 million yuan to set up the "Zhuji Middle School Zhong Ziyi Education Fund" [1][2] Group 1: Donations and Fund Establishment - Zhong Shanshan's donation of 100 million yuan is aimed at enhancing the quality of education at his hometown school, Zhuji Middle School, with funds allocated for student assistance, teacher awards, and scholarships [2] - The Zhong Ziyi Education Fund has previously donated several hundred million yuan to prestigious universities such as Tsinghua University and Peking University, focusing on higher education and research innovation [2][3] Group 2: Wealth and Philanthropy - According to the 2025 Hurun Rich List, Zhong Shanshan has a wealth of 530 billion yuan, marking his fourth time as China's richest person and setting a new record for the wealth of a Chinese billionaire [4] - Zhong's wealth primarily comes from his holdings in Nongfu Spring and Wantai Biological Pharmacy, with significant revenue growth reported for Nongfu Spring, achieving 25.622 billion yuan in revenue and a net profit of 7.622 billion yuan in the first half of 2025 [4] Group 3: Educational Initiatives - In 2025, Zhong Shanshan's educational philanthropy expanded with a 40 billion yuan donation to establish a "new type of university" in Hangzhou, recognized as one of the largest single donations in the history of private education in China [5][6] - The Hangzhou Qiantang Education Foundation, initiated by Zhong, aims to support the construction of high-level private universities and attract top scholars and talents [5][6]