Zhongke Chuangda (300496) disclosed on the evening of March 13 that Zhao Hongfei, the controlling shareholder of the company, intends to donate 169000 shares of the company indirectly held by him to the Beijing Institute of Technology Education Foundation (hereinafter referred to as "Beijing Institute of Technology Education Foundation"). Based on the current share price of Zhongke Chuangda, the market value of the donated shares is about 10.4138 million yuan. Such a large donation has also triggered a heated discussion in the market.

As a charitable organization officially registered with the Ministry of Civil Affairs of China, the BIT Education Foundation promises that all its donated funds will be used for the educational development and social welfare undertakings of Beijing Institute of Technology.

According to the past periodic reports of A- share listed companies, a reporter from the Securities Times e Company found that there are currently more than a dozen charitable foundations active among them. Up to now, the total market value of these foundations has exceeded 10 billion yuan, and their holdings mainly come from donations from shareholders of listed companies.

as of September 30, 2023, Heren foundation (hereinafter referred to as "Heren foundation") holds 0.17 billion shares of Fuyao Glass (600660); as of March 13 this year, the market value of the above shares is as high as 7.441 billion yuan.

The Helen Foundation was founded with donations from Cao Dewang, a famous entrepreneur and chairman of Fuyao Glass. It is the country's first and only national non-public foundation established with financial assets (stocks) approved by the State Council. The name of the foundation comes from Cao Helen, Cao Dewang's father. The name contains the meaning of "goodness is like water, virtue carries things.

in may 2011, at the founding meeting of the he ren foundation, Cao dewang and his wife Chen fengying announced that they would donate 0.3 billion shares of fuyao glass held by themselves to the foundation. The market value of the above-mentioned shares on the day of transfer is 3.549 billion yuan.

in 2012, he ren foundation reduced its holdings of 10 million shares of fuyao glass stock and held 0.29 billion shares at the end of the period. In the years since then, the shares of Fuyao Glass held by the Heren Foundation have remained unchanged. In FY2020, the Hiren Foundation reduced its holdings of 68.9109 million shares of Fuyao Glass and held 0.221 billion shares at the end of the period. In 2021 and 2022, the Hiren Foundation will reduce its holdings to 0.17 billion shares by 31.8002 million shares and 19.776 million shares, respectively.

Cao Dewang has always been keen on charity. According to public information, since the first donation in 1983, Cao Dewang has accumulated personal donations of 16 billion yuan.

The charitable foundation with the second largest stock market value is the Shanghai Industrial and Commercial Patriotic Construction Special Foundation (hereinafter referred to as "Aijian Foundation"). Aijian Foundation holds 0.177 billion shares of Aijian Group (600643) with a market value of about 0.806 billion yuan.

According to the website of Aijian Foundation, its predecessor was the Shanghai Special Fund for Patriotic Construction of Industrial and Commercial circles (hereinafter referred to as "Aijian Special Foundation"). From the late 1980 s to the early 1990 s, the predecessor of Aijian Group, Patriotic Construction, was brewing a shareholding system reform, donating 45 million yuan accumulated over the years and setting up a special fund for patriotic construction. In September 1992, Patriotic Construction was restructured into a joint-stock company, and Aijian Special Foundation became the sponsor shareholder. In April 2005, Aijian Special Foundation was renamed Aijian Foundation.

After the listing of Aijian Group, Aijian Foundation has been the controlling shareholder of the company for a long time. In June 2012, Aijian Group completed a non-public offering, and Aijian Foundation's shareholding ratio was diluted. The listed company said in its 2012 annual report that it had no controlling shareholder. In June 2018, after the completion of the non-public offering of shares of Aijian Group and the adjustment of the board of directors, JuneYao Group became the controlling shareholder of the listed company. Aijian Foundation took a back seat and became the second largest shareholder of the company.

Zhejiang Jiaxing Charity Foundation (hereinafter referred to as "Jiaxing Foundation") ranks third in terms of stock market value. As of the end of September last year, Jiaxing Foundation held 61.0735 million shares of Hailiang shares (002203). The current market value of this equity is about 0.565 billion yuan.

The Jiaxing Foundation was established in August 2007. According to its website, the fund has a size of 1.186 billion yuan, all of which came from donations from Hailiang Group (Hailiang's controlling shareholder), founder Feng Hailiang and other shareholders of the company. By the end of 2023, the total donation of Jiaxing Foundation exceeded 2.147 billion yuan.

As of the end of September last year, Zhejiang Cunji Medical Education Foundation (hereinafter referred to as "Cunji Foundation") held 7.9608 million shares of Tongce Medical (600763). The current market value of this equity is 0.525 billion yuan.

According to media reports, in July 2015, Tongce Medical took the lead in initiating the establishment of the Deposit Foundation. Lu Jianming, the actual controller of the company, once said that he hopes that the foundation can lay a systematic, solid and high-level foundation for the long-term development of modern medicine in China in the future, promote basic medical research, introduce the world's advanced medical technology, and improve the level of medical education.

In December 2019, Tongce Medical disclosed that its shareholder, Bao Zhengliang, donated 9.6192 million shares of the Company's stock to the Foundation for medical education projects that meet the Foundation's funding criteria.

Since the fourth quarter of 2022, the Deposit Fund has successively reduced its holdings of some of its shares in Tongce Medical. By the end of June 2023, the Fund's shareholding was reduced to 7.9608 million shares.

Guangdong Hehe Charity Foundation (hereinafter referred to as "Hehe Foundation") initiated by He Xiangjian, founder of Midea Group (000333), holds 20 million shares of Saiyi Information (300687). Up to now, the above-mentioned stock market value of Hehe Foundation is about 0.405 billion yuan, ranking fifth. As of December 2022, Hehe's foundation has funded nearly 2.2 billion yuan, mainly for medical and health care, culture and art, community development and other projects.

The transfer of large shares granted to some charitable foundations has not yet been completed.

General Lun Electronics (688206) disclosed in July 2023 that in order to support the development of the education of South China University of Technology, its alma mater, and promote the construction and development of the school's integrated circuit discipline, the company's chairman Liu Zhihong will report to the education of South China University of Technology in Guangdong Province. The Development Foundation donated 1.78 million shares of the company it indirectly holds. According to the market value of Lun Electronics at that time, the total value of its donation exceeded 47 million yuan. This equity must meet the conditions for lifting the restriction after June 28, 2025. The donating parties will not handle the delivery of shares until the sale restriction is lifted.

in October last year, Huaxi biology (688363) announced that Zhao Yan, the actual controller of the company, planned to donate 4.8168 million shares of the company indirectly held by him (about 1% of the total share capital of the company) to the education foundation of Shandong University. As the above shares are still in the lock-up period (November 6, 2019 to November 5, 2024). The donation parties have negotiated and determined that the underlying shares will be completed in one lump sum in accordance with the relevant regulations after the expiration of the lock-up period.

Zhao Yan said that the development of China's hyaluronic acid industry and Huaxi Bio benefited from Professor Zhang Tianmin and his students' innovation in hyaluronic acid technology. She donated the above shares to commemorate Professor Zhang Tianmin's lofty character and outstanding contribution, and to promote the development of China's biotechnology industry.

based on the closing price of Huaxi biology as of March 13 (63.12 yuan/share), the market value of 4.8168 million shares is about 0.3 billion yuan.

In addition, some charitable foundations have received a large amount of shares, but they have not been included in the list of the top ten shareholders of listed companies.

Ningde Times announced on December 3, 2021 that in order to support the development of education, the company's controlling shareholder, Ningbo Meishan Free Trade Port Zone Ruiting Investment Plan, donated 2 million shares of the company held by it to the Education Development Foundation of Shanghai Jiaotong University free of charge, accounting for 0.09 of the company's total share capital. According to the closing price of Ningde era at that time, the donation was worth as much as 1.374 billion yuan.

For entrepreneurs' enthusiasm for donating equity, some media have reported that donating equity will not increase too much liquidity pressure on entrepreneurs, and at the same time, it can separate the control and income rights of shares.