The official blog of the Xiaomi Public Welfare Foundation announced that the Xiaomi Foundation donated 10 million yuan to set up the “Xiaomi Sports Scholarship” at the All-China Sports Foundation, aiming to “jointly help young athletes develop in an all-round way, and encourage more athletes to participate in sports. Work hard in the sports arena and on the stage of life”.
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In this regard, Liu De, co-founder of Xiaomi Group and chairman of Xiaomi Mi Charity Foundation, said that this is the first exploration of Xiaomi Foundation in the field of sports talent development, and he looks forward to jointly helping young athletes develop in an all-round way. It is worth noting that Lei Jun, the founder of Xiaomi, forwarded this Weibo posted by the official blog of Xiaomi Public Welfare Foundation.
Moreover, it is reported that the Xiaomi Sports Scholarship Project will be implemented in 5 years. Every year, athletes who are in the secondary education stage and have achieved excellent results in sports will be funded, and related themed activities will be launched.
Relevant information shows that the Xiaomi Foundation was established in November 2019, with Lei Jun serving as the company’s chairman and executive director. Last year, Lei Jun, Lin Bin, and others donated company shares to the Xiaomi Foundation. Among them, Lei Jun donated a total of about 616 million Class B shares of the company (as of July), and Lin Bin donated 60 million Class B shares.
(VIA)
