Fuyao University of Science and Technology is a private non-profit university funded by the government and the public welfare fund, and is responsible to the board of directors or the Council under the leadership of the Party Committee. Fuyao University of Science and Technology is positioned as a research-oriented private non-profit science and engineering university to cultivate research-oriented and compound practical talents urgently needed by emerging industries in China.
It is understood that Fuyao University of Science and Technology is located in Liuzhou Island, Nanyu Town, Fuzhou High-tech Zone, with a total area of about 1.286 mu, adjacent to Fuzhou University Town and Haixi High-tech Industrial Park. The school will build a first-class university library and museum with high standards. The school will explore a new university governance model composed of four committees: the board of directors, the academic committee, the advisory committee and the education committee, and plan to build a discipline system with the big engineering group as the core, the economic management discipline as the auxiliary and other humanities and social sciences as the support, and initially set up six colleges: materials science and engineering, electronic information and engineering, environmental science and engineering, instrument science and engineering, science college, economy and management. The university plans to set up Fuyao Scholarship Fund to exempt tuition fees and provide scholarship support for poor students. At present, in order to build Fuyao University of Science and Technology, Fuzhou Fuyao Institute of Advanced Studies initiated by Heren Charity Foundation is beginning to recruit top talents from all over the world.
According to reports, Fuyao University of Science and Technology will adhere to the socialist school-running direction, implement misplaced school-running, aim at the shortcomings of high-end technology in manufacturing, and strive to build an applied research-oriented high-level university. The scientific research and innovation forces in the school will interact and share with innovative resources such as Fuzhou University Town, High-tech Zone, "Sanchuang Garden" and China Southeast (Fujian) Science City, and strive to create a virtuous circle of innovation and entrepreneurship ecosystem with high and new technology as the core, and create an important node of Fuzhou Science and Technology Corridor, which will effectively promote Fuzhou's active integration into the new development pattern and serve the country's talent power and innovation-driven development strategy.
It is reported that the Heren Charity Foundation, funded by Cao, is the first national foundation with non-public offering of financial assets (stocks) approved by the State Council and the largest charitable foundation in China. Since its establishment ten years ago, the Foundation has funded 262 charitable projects, and donated 3.4 billion yuan in poverty alleviation, scholarships, public health, and helping the elderly and the disabled.