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In 2008, we initiated and cooperated with the Red Cross Society of China (RCSC) to establish the CMS Charity Fund with our first batch of fund donation of RMB 12 million yuan. The Fund is not only the donation fund that has received the most enterprise donations since the foundation of the RCSC but also the first charity fund that has been initiated and maintained by a securities company in China's securities industry. Through RCSC's charity platform, the CMS Charity Fund plays an important role in the humanitarian aid initiatives like disaster relief and poverty relief. The Fund is a significant milestone for the China Merchants Securities to become an excellent corporate citizen. Relying on the platform of the Fund, we carry out public interest and charity projects and activities. It also establishes many standing public interest and charity programs besides disaster rescue and relief. |
Type | Project | Amount (RMB Yuan) |
Disaster Rescue and Relief | Donation to Drought in Guangxi and Yunnan | 500,000 |
Donation to Earthquake in Yushu, Qinghai | 1,000,000 | |
Donation to Debris Flow in Zhouqu | 200,000 | |
Donation to Debris Flow in Xi'an | 100,000 | |
Public Interest and Charity Project | "Blessed Angel" Program to Help Children with CHD | 2,500,000 |
Building the Hailuogou Valley Cable Bridge | 500,000 | |
Campus Elite Campaign | 400,000 | |
Adding Funds to the Charity Fund (To Meet the Requirement on the Balance of an Amount of RMB Eight Million Yuan) | 1,610,000 | |
Total | 6,810,000 |