On March 17, the Education Foundation of Zhejiang University signed a donation agreement with Fanxing Public Welfare Fund to establish the Fanxing Science Fund of Shanghai Institute of Advanced Studies of Zhejiang University, support the construction of "Computing+"innovative laboratory, and promote the school to carry out basic research and frontier exploration in the cross fields of computing, biology, medical care, agriculture and food. As the first phase of funding, Fanxing Public Welfare Fund will donate $6,543.8 billion to Zhejiang University Education Foundation in the next 3-5 years, which will be used for scientific research projects of three innovative laboratories: Computing+Biomedicine, Computing+Agricultural Food and Advanced Computing.
The first batch of projects will include "research on ultra-large-scale real-time graphic inference machine", "research on closed-loop regulation of brain cognitive impairment", "research on new antigen of tumor immunity" and "research on artificial fish cultured in cells".
Fanxing Public Welfare Fund was initiated and donated by the founding team of Zhejiang University alumni Huang Zheng and Pinduoduo. Committed to making social contributions in life sciences, agricultural science and technology, food safety, medical health and other fields, focusing on cutting-edge scientific and technological exploration and basic research.
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Huang Zheng resigned as CEO of Pinduoduo
/kloc-In March of 0/7, Pinduoduo released its fourth quarter and annual financial report for 2020. By the end of 2020, the number of active buyers for many years reached 788.4 million, and the turnover (GMV) reached 654.38+066.76 billion yuan, a year-on-year increase of 66%.
At the same time when the financial report was released, Huang Zheng, the founder of Pinduoduo, announced that the board of directors had approved his resignation as chairman, and Chen Lei, the co-founder and current CEO, took over.
In his letter to shareholders, Huang Zheng said that the increasingly fierce and even alienated competition in the industry made him realize that the traditional competition with scale and efficiency as its main direction had its inevitable problems. To change it, we must find the answer on the core technology and its basic theory. Huang Zheng said that after resigning as chairman, he will devote himself to the research in food science, life science and other fields in combination with his lifelong interests, so as to explore new space for the rapid, high-quality and in-depth development of Pinduoduo in the past ten years.
China Economic Weekly-The first thing Huang Zheng did after his resignation: donated 1 billion dollars to Zhejiang University for scientific research that day.