The "Shaoxing Hong Kong Fellow Association Charity Fund" was recently established in Lufeng Cilian, Shaoxing City, Zhejiang Province. Yan Jianguo, the president of the Shaoxing Hong Kong Fellow Association, personally donated 10 million yuan (RMB, the same below) as the starting capital of the fund, mainly used to support charitable and public welfare undertakings such as education, medical assistance, poverty alleviation, and disability alleviation in the Shaoxing area. It is reported that the fund will be managed in the form of "retaining principal and donating interest". Yan Jianguo will donate 3% of the principal, or 300000 yuan, to the Charity Federation as a donation every year. The cooperation period between the two parties is tentatively set for 10 years, with a total donation of 3 million yuan. In July 2024, Yan Jianguo (Central) awarded teaching awards to outstanding teachers in Shaoxing. The Shaoxing Lufeng Charity Federation is a charitable organization with a system, scale, and love. I want to use this platform to do what I can for the elderly in my hometown Yan Jianguo stated in an interview that he was born and raised in Shaoxing, and his hometown has always been the warmest harbor in his heart. The establishment of this fund is also to repay his hometown. Yan Jianguo's ancestral home is in Shaoxing, and he has lived in Hong Kong for 45 years, steadfastly developing his industry. For many years, he has been committed to promoting exchanges between Hong Kong and mainland China, and supporting charitable and public welfare undertakings in Shaoxing. As early as 2018, Yan Jianguo established the "Inspirational Star Award" scholarship fund in the name of the Shaoxing Hong Kong Fellow Association at Shaoxing University of Arts and Sciences, to reward students from disadvantaged families who have outstanding academic achievements; In 2023, he personally donated over 200000 yuan to assist some disadvantaged elderly and disabled children in Yuecheng District, Shaoxing City; In January 2024, under the name of Shaoxing Hong Kong Fellow Association, it established the "Jin Yue Mei Award Teaching Fund" at Jishan Middle School in Shaoxing City to support the cultivation of excellent teachers. Shaoxing is geographically close to Hong Kong and has a close relationship with people. Shaoxing residents in Hong Kong have always had a tradition of loving their country and hometown. For example, Zhang Chuanxin, the honorary president of the Shaoxing Hong Kong Association, donated over 12 million yuan to support education and public welfare in his hometown before his death; Zhang Jie, the honorary president of Shaoxing Shangyu Hong Kong Fellow Association, lived frugally before his death, but donated more than 15 million yuan to build 22 "Zhang Jie Teaching Buildings", 32 classrooms, dormitory buildings, and a library in Shangyu. (New Society)