Duan Yongping, Little Overlord And Founder Of Bubugao, Donated 170 Million Yuan To His Alma Mater Zhejiang University Again

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According to the announcement of Zhejiang University on May 16, on the occasion of the 125th anniversary, Duan Yongping, an outstanding alumnus of Zhejiang University, and his family donated 170 million yuan to their alma mater to support the construction of public teaching buildings in the west of Zijingang Campus. Duan Yongping is a well-known investor known as "China Buffett".

According to the introduction of Zhejiang University, Duan Yongping, who graduated from the radio Department of Zhejiang University in 1983, created two well-known brands of "little overlord" and "step by step". The two mobile phone brands of "vivo" and "oppo" are popular all over the country, go abroad and occupy a place in the overseas market.


Duan Yongping

Duan Yongping, the founder of Zhejiang University, made the largest donation of US $40 million in September 2006, which was worth mentioning.

It is reported that since 2006, Duan Yongping has set up an equal matching fund to attract more alumni and people from all walks of life to care about and support the development of education through "teamwork". In 2006, it set up "Yongping school loan fund". Referring to the original intention, he said, "I applied for four yuan to buy a train ticket in Nanchang, and I was also helped by the state." So far, the Yongping school loan fund has approved 1166 applications, more than 116 million yuan. Yongping scholarship has awarded 750 outstanding students in total.

In 2006, Duan Yongping also donated to the school of information and telecommunications, his mother hospital, to set up a "talent introduction fund" to help the school attract high-level talents and provide important help for building a talent highland with famous teachers.

In addition, the "Yongping scholarship of Zhejiang University" launched in 2012 has created a precedent for domestic colleges and universities to award front-line teachers.


Partial renderings of public teaching buildings in the west of Zijingang Campus of Zhejiang University

Duan Yongping once said, "I'm relieved to donate money to Zhejiang University." Its public welfare concept is to "do things within reach".

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