Core Viewpoint - The donation of 4.05 million shares by Ningde Times' vice chairman Li Ping and his spouse to Fudan University is valued at approximately 1.1 billion yuan, reflecting the company's commitment to supporting education and research initiatives [2][4]. Group 1: Donation Details - Li Ping and his spouse have completed the transfer of 4.05 million shares of Ningde Times to the Shanghai Fudan University Education Development Foundation, with the shares being unrestricted for trading [3]. - The shares were valued at over 1.1 billion yuan based on the closing price of 272 yuan per share on July 10 [4]. - Prior to the donation, Li Ping held 202 million shares, representing 4.42% of the total share capital, which decreased to 197 million shares or 4.33% post-donation [4]. Group 2: Purpose of Donation - The donated shares will be used to establish the "Fudan University Xue Min Natural Science Research Fund," aimed at supporting high-level research and talent acquisition at the university [5]. - The fund will operate as an open-ended fund, with all proceeds directed towards the operational costs and research initiatives of the Xue Min Institute [5]. Group 3: Background Information - Li Ping and his spouse are alumni of Fudan University, with Li graduating from the Polymer Science program in 1985 and his spouse from the History program in 1986 [5]. - In April, they announced a one-time donation of 1 billion yuan to support the construction of the Xue Min Institute at Fudan University, coinciding with the university's 120th anniversary [6].
豪捐11亿!