On March 26th, 2010, the inaugural meeting of the Charity Federation of Jiaxing Port was held in Zhapu Town. Chairman Shou Cailiang was appointed as the Vice Director of the Federation. Vice mayor of Jiaxingand Director of the Municipal General Charity Federation, Zhang Zhiwei, as well as Vice Director Shen Mingu were among some of the more than 200 officials from the Jiaxing Port and affiliated counties that were in attendance at the meeting.
Mr. Zhang congratulated the Federation members for the establishment of the charity. Chairman Shou told the attendees that it is corporationĄ¯s responsibility to care for the communityĄ¯s well-being, and that Boyuan will continue to contribute to the development of the charity and fulfill its own social responsibilities.
During the meeting, the Charity Federation raised a total of 25 million RMB in donations from the 49 companies present and other individuals. Boyuan contributed two million RMB and setup the Boyuan Fund to assist the less fortunate.