Robin Li and Melissa Ma Donate RMB 660 Million to Peking University to Fund Tech Research and Innovation
May 02 2018 - 9:12AM
Baidu, Inc. (NASDAQ:BIDU), the leading Chinese language Internet
search provider, today announced that its Chairman and CEO Robin Li
and his wife Melissa Ma, together with the company, jointly donated
RMB 660 million to Peking University. The donation commemorates the
120th Anniversary of the institution and marks the establishment of
the “Peking University Baidu Fund”. The donation will support
cutting-edge research into areas that are highly compatible with
the application of Baidu’s AI technologies, such as information
management, medicine, economics, communications, and sociology.
On behalf of the faculty and students at Peking
University, President Jianhua Lin thanked the couple for their
generous support, and stated that he hopes Baidu and Peking
University can work together to generate more innovation and
contribute to the development of this new era.
“All these years, no matter where I am in the world
or how far I’ve come on my journey, I can always find motivation
and support from my alma mater to keep me moving forward,” Li said
at the donation ceremony. “Melissa and I are donating to
commemorate the 120th anniversary of this great school. Just as
important, this is also a significant opportunity for Baidu to
deepen our collaboration with Peking University, joining together
Baidu’s leading technology and applications with Peking
University’s cutting-edge research, to innovate for the benefit of
society.”
Robin Li graduated from the Department of
Information Management of Peking University in 1991.
About Baidu
Baidu, Inc. is the leading Chinese language
Internet search provider. Baidu aims to make a complex world
simpler through technology. Baidu's ADSs trade on the NASDAQ Global
Select Market under the symbol "BIDU". Currently, ten ADSs
represent one Class A ordinary share.
Media
Contact:Intlcomm@baidu.com
A photo accompanying this announcement is available at
http://resource.globenewswire.com/Resource/Download/5236217b-1ebb-48c1-9c2a-92223669ca7a
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