In 2007, Mr. Jet Li cooperated with the China Red Cross to set up the "China Red Cross Jet Li One Foundation Project" to carry out public welfare undertakings in Chinese mainland in the form of independent charity plans and projects.
From June 5, 2008 to October, 2008, in order to ensure the more efficient implementation of public welfare projects, with the guidance and support of the China Red Cross Society, Shanghai Civil Affairs Bureau and other competent departments, Shanghai Jet Li One Foundation was incorporated as a private equity fund. As the executing agency of the Jet Li One Foundation Project of the China Red Cross, Shanghai Jet Li One Foundation carries out various business activities in strict accordance with the management regulations of the Foundation, makes a special report and settlement to the Jet Li One Foundation Project of the China Red Cross, and accepts the annual audit.
20 10 12 3. With the strong support of Shenzhen Civil Affairs Bureau, Shenzhen One Foundation Public Welfare Foundation was formally registered and has the legal qualification to engage in public offering activities independently. The registered original fund of Shenzhen One Foundation Public Welfare Foundation is 50 million yuan.
China Red Cross Jet Li One Foundation Project and Shanghai Jet Li One Foundation Public Welfare Foundation have been liquidated and cancelled, and their projects, funds and personnel are undertaken by Shenzhen One Foundation Public Welfare Foundation.
201111Shenzhen One Foundation held an unveiling ceremony, announcing the formal establishment of Shenzhen One Foundation, which marked that One Foundation has become an independent foundation with legal person qualification and public offering qualification. It is reported that this is an important measure for the national civil affairs department to actively promote the reform and innovation of the social charity management system and vigorously support the development of social charity.