Jiangsu Xinsu Investment and Development Group Co Ltd held a founding ceremony for its new scholarship and assistance fund at the Taixing Huangqiao Economic Development Zone – located in Taixing city, East China's Jiangsu province – on Aug 21.
The company decided to establish a fund with a total investment of 300,000 yuan ($41,161) for college students from financially disadvantaged families in Huangqiao town. The funding will be based on a standard of 15,000 yuan per person for each academic year.
"I hope to take this opportunity to attract more attention from society and pave a wider path for more students," said Chu Wenguang, general director of the company.
During the ceremony, Chu distributed scholarships to student representatives.
Chu Wenguang gives a scholarship to a college student. [Photo/WeChat account: gh_07a864197818]