Huaxi Biology Zhao Yan Donated 0.4 billion Yuan to Shandong University to Support the Development of Biotechnology Industry
DATE:  Oct 19 2023

Source: Changjiang Business News

On the occasion of its 122 anniversary, Shandong University received its first equity donation.

on the evening of October 16, huaxi biology (688363.SH) announced that Zhao Yan, the company's actual controller, planned to donate 1% of the company's shares to Shandong university free of charge. According to the closing price of Huaxi Biology on October 16, the value of this part of the shares is about 0.4 billion yuan.

The announcement shows that this donation is for the lofty character and outstanding contribution of Professor Zhang Tianmin of Shandong University, the "father of hyaluronic acid in China". I am grateful to Shandong University, inspire Qilu post-school, and support Shandong University to make outstanding contributions in the field of biomedicine. Scholars and researchers to promote the development of China's biotechnology industry.

Huaxi Biology has been engaged in public welfare undertakings for many years. It has carried out the "Cloud Public Welfare" project for 13 consecutive years, and is committed to excavating, protecting and inheriting the intangible cultural heritage of ethnic minorities. At present, "cloud public welfare" has gone through more than 130000 kilometers, more than 10 provinces, municipalities and autonomous regions, and more than 50 cities, helping more than 300 inheritors of national culture and intangible cultural heritage to the stage at home and abroad.

Donate 1% Huaxi biological shares to Shandong University

According to Huaxi Bio's announcement, Zhao Yan, the company's actual controller, intends to donate 4.817 million shares of the company indirectly held by the company's controlling shareholder Huaxi Xinyu Investment Co., Ltd. to the Shandong University Education Foundation.

This is the first equity donation accepted by Shandong University since its establishment. The number of shares donated this time accounts for 1% of Huaxi's total share capital, with a total market value of more than 0.4 billion yuan, to commemorate and thank the late outstanding biochemical pharmacist and "father of hyaluronic acid in China"-Shandong University professor Zhang Tianmin for his outstanding contributions and outstanding achievements in leading biotechnology and biomedical innovation.

Regarding the purpose of the donation, Huaxi Bio said that it will be used to support the development of medical education and science and technology of Shandong University and the establishment of the Huaxi Medical Innovation and Development Fund of Shandong University. The proceeds from the fund's operation are used to support the construction of medical disciplines and the transformation of medical research in Shandong University, especially the high-level scientific and technological innovation and industrial transformation projects in the field of life and health, such as synthetic biology, drug target discovery and drug design, organ regeneration and stem cell research (anti-aging), and research and development of new biomedical technologies and new materials, which feed back the development of medical education in Shandong University.

regarding this donation, Zhao Yan said that the achievements of Huaxi biology today are due to professor Zhang Tianmin's pioneering research on hyaluronic acid and his student Dr. Guo xueping, chief scientist of Huaxi biology, who invented and innovated microbial fermentation technology. At the same time, education is fundamental to the development of the country.

therefore, Zhao Yan hopes to give back to the society and Shandong university through this public welfare donation, so as to help more teachers like professor Zhang Tianmin to cultivate more excellent scholars and devote themselves to 0-1 scientific discoveries. in combination with huaxi biology's advantages and capabilities in "1-10-100 technological inventions, 100-1000-10000 product development, brand development", etc., it can really promote the transformation of science and technology into productivity, let life sciences empower social development.

"public welfare in the cloud" has been in 50 cities nationwide for 13 years

Over the years, Huaxi Biology has been engaged in public welfare undertakings and carried out a number of public welfare activities.

Among them, Huaxi "Cloud Public Welfare", as a public welfare project initiated by Zhao Yan, chairman of Huaxi Biology, has a history of 13 years since it was launched in 2011. "Cloud Public Welfare" is committed to discovering, excavating and protecting the intangible cultural heritage of various ethnic groups scattered in China, and inheriting and promoting it through art exhibitions, interactive experiences, singing and dancing, food and other forms.

Over the past 13 years, with a journey of more than 130000 kilometers, "Cloud Public Welfare" has covered more than 10 provinces, municipalities, autonomous regions, and more than 50 cities in Xinjiang, Inner Mongolia, Tibet, Yunnan, and Guizhou. The culture and art that has been passed down from generation to generation but has not been recorded in writing has helped more than 300 inheritors of national culture and intangible cultural heritage to the domestic and foreign stages, interpretation of cultural self-confidence, national self-confidence.

Zhao Yan said that enterprises are one of the social citizens, and it is the unshirkable responsibility and obligation of enterprises to participate in public welfare undertakings. "Cloud public welfare has developed to the thirteenth year, and it is moving from brand public welfare to social public welfare. We must mobilize more people and social resources to join it."

In addition to "public welfare in the cloud", Zhao Yan and Huaxi are also duty-bound to fulfill their social responsibilities.

In 2013, at the initiative of Zhao Yan, Huaxi Biology launched the "Huaxi Guangming Walk" public welfare activity, which provided free surgery for cataract patients in poor areas of China and viscoelastic agents for surgery to help cataract patients in poor areas see the light again.

During the new crown epidemic in 2020, under the leadership of Zhao Yan, Huaxi Bio has donated medical supplies and living supplies, including disinfection products, protective clothing, goggles, masks, etc., to more than 20 cities and more than 50 hospitals across the country, with a total donation of more than 70 million yuan.

in addition, huaxi biology has joined hands with its sub-brands to help rural education. Participated in many national east-west cooperation and counterpart support, helped to improve primary health services, carried out rural revitalization and other counterpart support projects; Leading the construction of the world's first synthetic biological science museum, etc., fulfilling social responsibilities from multiple dimensions and fields.

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