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Guo Zhenyu (L) signs the donation agreement on March 31. [Photo/ynu.edu.cn]
Guo Zhenyu, a former student of Yunnan University (YNU) in Kunming, the capital of Southwest China's Yunnan province, established a "Hansheng Scholarship" at the university on March 31, with a total donation of 5 million yuan ($763.5 million). The scholarship will be given out over five years, with 1 million yuan allocated each year.
Guo used to study at YNU's School of Information Science and Engineering. He is now the chairman of the entrepreneur alumni association of YNU and the chairman and president of Yunnan Botanee Biotech Group.
Li Chenyang, executive vice-president of YNU, and Hu Jianfeng, the secretary-general of YNU's education foundation, signed the donation agreement with Guo.
Li expressed gratitude to Guo during the ceremony for his offer to create an innovation and entrepreneurship award, his donation of pandemic prevention and control materials and the establishment of the "Hansheng Scholarship".
Guo said YNU cultivated him, and without YNU, he would not have made such achievements. The entrepreneur added that he would do his best to support YNU's development and "double first-class" construction – the university's efforts to build itself into a world-class university with world-class disciplines.
The "Hansheng Scholarship" is for excellent undergraduate students at YNU. It will be awarded to 60 outstanding students every year (including 10 students from the School of Information Science and Engineering) to encourage young students at YNU to study diligently, innovate boldly and improve their overall quality and abilities to make greater contributions to the university, the province and the country.