Recently, the low-key and well-known Zhonggong Education and its founder Li Yongxin have suddenly become popular on major social network platforms.

On March 3, Li Yongxin and the Beijing Zhonggong Charity Fund he established donated 1 billion yuan to his alma mater, Peking University.

It is understood that Li Yongxin has donated 180 million yuan to Peking University so far.

This is equivalent to Li Yongxin donating 1.18 billion yuan to Peking University.

This donation is the largest individual donation since the founding of Peking University.

So far, the record holder is Robin Li of Baidu, who donated 660 million yuan to celebrate the 120th anniversary of Peking University.

In addition to Li Yongxin's generosity, the outside world is also concerned about where the money comes from.

It is widely believed that the money may have come from Li Yongxin's shares in the company.

Wind data shows that as of September 30, 2020, Li Yongxin and his mother Lu Zhongfang were the company's largest shareholders. They held 2550549260 shares and 1131415121 shares of the company respectively, with a total shareholding ratio of 59.71%.

Based on the closing price on March 4, the value of the stocks held by the two people was 83.5472 billion yuan and 37.067 billion yuan respectively.

With this kind of wealth value, Li Yongxin and his mother Lu Zhongfang have been the richest in China's education for two consecutive years.

However, the company only officially landed in the A-share market via backdoor in early 2019. According to the A-share trading rules, Li Yongxin was unable to cash out by reducing his holdings.

So what can be relied upon for such a generous donation?

In fact, clues can be found based on the past financial reports of China Public Education.

In 2019, China Public Education plans to distribute a cash dividend of 2.40 yuan (tax included) for every 10 shares, a cash dividend of 1.48 billion yuan, accounting for 82.02% of the net profit attributable to the parent company that year, which is a very big starting point.

According to Li Yongxin's 18.35% shareholding ratio in 2019, the amount of dividends he can receive in 2019 is approximately 272 million yuan. According to his mother's 41.36% shareholding ratio, the dividends can be 612 million yuan, totaling approximately 884 million yuan.

In addition to huge dividends, Li Yongxin has held the stocks in his hands many times.

The most recent shareholding occurred on February 9, 2023. Li Yongxin held 363,515,61 shares, with a stock value of approximately 1.433 billion yuan. According to the shareholding ratio of 0.4-0.5 of the stocks listed on the main board, it is equivalent to 572-716.5 million yuan.

Li Yongxin graduated from Peking University in 1999 and began preparing to start a business while in college.

Later, his teacher recommended him to guide several students in their public examination applications, and he started a business in this field.

Perhaps because of this, Li Yongxin has deep feelings for Peking University.

At the donation ceremony, he said: "For the sake of future society and education, the first 10 billion must also be donated to Peking University." (Author | City Jie Yang Limin, Editor | Lao Mao) ).