Yang Yuanqing Donates 0.2 billion Yuan! Hundreds of billions of funds are out again......
DATE:  Dec 20 2023

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Yang Yuanqing donated again!

On December 20, Yang Yuanqing, Chairman and CEO of Lenovo Group, donated 0.2 billion yuan to his alma mater, the University of Science and Technology of China, in his own name. This donation has also become the largest individual donation of alumni since the establishment of the University of Science and Technology of China. This donation is Yang Yuanqing's third personal donation to the University of Science and Technology of China. Yang Yuanqing has also initiated donations to Shanghai Jiaotong University and Tsinghua University.

In addition, the 100 billion fund National Adjustment Fund (China State-owned Enterprise Structural Adjustment Fund) also has the latest trends. Recently, Runpeng Semiconductor completed a new round of strategic investment, the State Transfer Fund to participate in this capital increase.

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Yang Yuanqing Donates 0.2 billion Yuan to HKUST

on the afternoon of December 20, yang yuanqing, chairman and CEO of Lenovo group and alumnus of the university of science and technology of China, donated 0.2 billion yuan to his alma mater, the university of science and technology of China, in his own name to support the construction of the junior college building of the university of science and technology of China and to help his alma mater's basic scientific research innovation and personnel training.

It is understood that this donation has also become the largest individual donation from alumni since the founding of the University of Science and Technology of China. Yang Yuanqing said that thanks to the cultivation of his alma mater, he had the opportunity to realize his ambition to promote "computing power" to popularize universal benefits. He was full of gratitude to his alma mater and always hoped to give back to his alma mater. It is hoped that after the completion and commissioning of the youth class college building supported by this donation, it will provide a first-class learning and scientific research environment for the students, help them achieve outstanding results, become the pillars of the country, and contribute to the development of human science and technology; I also hope that it can drive more alumni to continue to pass on the culture of drinking water and giving back to their alma mater.

Bao Xinhe, President of the University of Science and Technology of China, said, "this donation is not only a great support for the University of Science and Technology of China, but also a deep sustenance for the younger generation of the motherland. The Youth College will certainly live up to expectations and continue its brilliant course since its establishment in 1978. It will continue to become an important base for the country to train high-level scientific and technological talents, and continue to train outstanding scientists, entrepreneurs and leaders in various industries for the country."

According to the University of Science and Technology of China, this donation is Yang Yuanqing's third personal donation to his alma mater, the University of Science and Technology of China. In 2017, Yang Yuanqing donated 10 million yuan to the School of Computer Science and Technology and the School of Mathematical Sciences of the University of Science and Technology of China to set up the "Yang Yuanqing Education Fund of the University of Science and Technology of China" to reward students and professors with outstanding academic research capabilities. In 2020, Yang Yuanqing once again donated 10 million yuan to the University of Science and Technology of China in his own name to help the University of Science and Technology of China to tackle the scientific research of the new crown epidemic, and to promote the construction of the school's Institute of Public Health, Public Health and Preventive Medicine.

Yang Yuanqing has also initiated donations to Shanghai Jiaotong University and Tsinghua University. In 2015, Yang Yuanqing donated 10 million to Shanghai Jiaotong University to set up an education fund to support outstanding students and outstanding young teachers in the computer department. In April 2021, Yang Yuanqing announced that he would personally contribute 0.1 billion yuan to build a green water-cooled high-performance computing center for Shanghai Jiaotong University. In September 2022, Yang Yuanqing personally donated funds to the Tsinghua University Qiuzhen Academy to help the country's basic scientific research innovation and cultivate more world-class mathematics talents who have grown up in China. In addition, Lenovo Group also initiated a donation to Tsinghua University to support the training of talents in Tsinghua University.

Public information shows that Yang Yuanqing was born in 1964 in Hefei, Anhui. In 1981, Yang Yuanqing graduated from Hefei No.1 Middle School. In 1986, Yang Yuanqing obtained a bachelor's degree from the Department of Computer Science and Engineering of Shanghai Jiaotong University. In 1989, he obtained a master's degree from the Department of Computer Science of the University of Science and Technology of China. He joined Lenovo Group in the same year. In 1994, Yang Yuanqing became the general manager of the microcomputer division of Lenovo Computer Company. In 1995, Yang Yuanqing served as assistant president of Lenovo Group, vice chairman of the Executive Committee of Lenovo Group, and became a core member of the decision-making level of Lenovo Group. In 2000, he was Senior Vice President of Lenovo Group and President of Lenovo Computer Company. In 2001, he served as president and CEO of Lenovo Group. In 2005, he was the chairman of Lenovo Group. In February 2009, Liu Chuanzhi served as chairman of Lenovo Group and Yang Yuanqing returned to the CEO position. In 2011, he took over Liu Chuanzhi and once again served as chairman and CEO.

at present, Lenovo's core business consists of three major business groups, namely IDG intelligent equipment business group focusing on intelligent internet of things , ISG infrastructure solution business group focusing on intelligent infrastructure and SSG solution service business group focusing on industry intelligence and services, with about 77000 employees worldwide.

100 billion fund has a new move

A few days ago, the National Adjustment Fund (China State-owned Enterprise Structural Adjustment Fund) announced that recently, Runpeng Semiconductor completed a new round of strategic investment, and the National Adjustment Fund participated in this capital increase.

it is reported that runpeng semiconductor is a 12-inch wafer manufacturing project initiated by China resources microelectronics and Shenzhen city, which focuses on the development of CMOS, BCD, e-Flash and other processes, with a total construction area of 238000 square meters. upon completion, it will have an annual production capacity of 480000 12-inch power chips and will become an important 12-inch integrated circuit production line in Guangdong, hong kong, and Macao, provide important support for wafer manufacturing in Guangdong, Hong Kong and Macao.

on the evening of August 15, China Resources Micro (688396) announced that its subsidiary Runpeng Semiconductor plans to increase its capital and shares and introduce external investors such as the National Integrated Circuit Industry Investment Fund Phase II Co., Ltd. (hereinafter referred to as "Big Fund Phase II"). After the completion of the transaction, the registered capital of Runpeng Semiconductor will be increased from 2.4 billion yuan to 15 billion yuan. Among them, CR Micro plans to increase its investment by 2.575 billion yuan this time, and the proportion of its equity in Runpeng Semiconductor will drop to 33%. According to the disclosure, the external investors to be introduced by Runpeng Semiconductor this time include the second phase of the big fund, the second phase of the national adjustment fund, Shenzhen Major Industry Investment Group Co., Ltd., and Shenzhen Guiding Fund Investment Co., Ltd.

The National Adjustment Fund stated that this strategic investment in Runpeng Semiconductor will continue to cultivate and strengthen China's independent supply capacity of semiconductor characteristic processes and help improve the integrated circuit industry chain in the Greater Bay Area, at the same time, it will build a solid foundation for future industrial applications such as cloud computing , big data , Internet of Things , artificial intelligence , sensor , etc.

Public information shows that the National Adjustment Fund was approved by the State Council, entrusted by the State-owned Assets Supervision and Administration Commission of the State Council, and China Chengtong was the main sponsor. It was initiated and established on September 22, 2016. The fund aims to promote the structural adjustment and transformation and upgrading of state-owned enterprises, serve the country's major strategies and deepen the reform of state-owned enterprises. As of the second quarter of 2023, the State Transfer Fund has invested in nearly 200 projects, with a cumulative delivery amount of nearly 150 billion yuan. The registered capital of the second phase of the large fund, which participated in the capital increase of Runpeng Semiconductor, exceeded 200 billion yuan.

It is understood that China's 12-inch wafer manufacturing capacity has developed rapidly in recent years, but its global share is still low. Under the background of domestic substitution, the demand for domestic 12-inch wafer manufacturing will remain strong in the future. Runpeng Semiconductor will continue to accelerate the realization of independent innovation breakthroughs and commercial operations in key semiconductor areas and technologies, thereby further enhancing the core competitiveness of my country's integrated circuit industry.

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