Anhui Heli Co. Ltd. will donate 1 million RMB each year to HFUT starting from 2014 as annual HFUT subsidy funds, according to the signing ceremony for teaching fund, scholarship, Student Award and funds for student contest winners concluded on Dec. 25^th.

Several executives from Heli, including Vice President and General Manager Yang Anguo, Chief Accountant Xu Lin and Chief Engineer Ma Qingfeng, and HFUT President Xu Zongwei and Vice President Liu Zhifeng and Liang Liang attended the signing ceremony.

As per the agreement, the 1 million RMB donation each year would be categorized into four parts, with 80,000 RMB for excellent teachers and faculties, 675,000 RMB for excellent undergraduates and graduates, 70,000 RMB for students awarded with “Top 10 College Students” and 174,500 RMB for supporting Heli Cup Forklift Innovative Design Contest and other student academic contests and entrepreneurialship contests.

As the largest industrial vehicle R&D, manufacturing and export base with the most complete industrial chain, strongest comprehensive strength and best economic returns, Heli has been on good cooperative terms with HFUT as regards R&D and academic cooperation. The donation is set to encourage students and faculties to be more dedicated to scientific studies and inspire more students to enhance their capabilities in starting up new business through attending related contests.

Heli and HFUT would continue to consolidate cooperation and strive to obtain key achievements in the domestic production of key components and technological upgrading in manufacturing and processing.