On Monday, Xiaomi CEO Lei Jun returned to his alma mater, Wuhan College, for the Lei Jun Scholarship award ceremony—some of the beneficiant in Chinese language universities—the place 10 college students acquired a complete of 1 million yuan ($140,000). The recipients, chosen from fields together with pc science, arithmetic, electronics, and medication, had been acknowledged for his or her innovation and tutorial excellence. Lei mentioned he established the scholarship as a result of he relied on related monetary help and lab subsidies throughout his personal college years and had vowed to provide again. So far, he has donated greater than RMB 15 billion ($2.07 billion) to training, together with a report RMB 1.3 billion ($180 million) money donation to Wuhan College in 2023. “Having as soon as been sheltered by others, I now want to move on that help,” he mentioned. [TechNode reporting]

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