March 17, 2008. Shanghai campus - CEIBS announced today that investment leader China Holdings Inc International Commerce (CHIIC) has made a RMB 1 million financial contribution to the CEIBS' Education Development Foundation (CEIBS Foundation) to assist the funding of the business school's operations. Participants in the official signing ceremony included CHIIC President Edward Y.M. Zhu and CHIIC Strategic HR Director Robert Wu. Representing CEIBS were Executive President Pedro Nueno, Executive Development Programme Executive Director Hobbs Liu, MBA Programme Academic Director Lydia Price, Executive MBA Deputy Director Weldon Lai, and Director of Career Development Department Director Clara Tan.
CHIIC President Edward Y.M. Zhu took photos with CEIBS faculty and staff
CEIBS Executive President Pedro Nueno opened the ceremony with a welcoming address. "We are thankful for the support from CHIIC for CEIBS. It is a tradition among the world's leading business schools to seek support from companies that are successful and concerned with social responsibility．He explained that CEIBS works in partnership with successful companies that follow a long-term, CSR-oriented strategy and that share with CEIBS a deep commitment to the creation of knowledge. "Our group of sponsors includes many successful companies from all over the world which share our commitment to this mission. You can be very proud of joining this group. From our side, we are very proud to accept your support and to serve as your partner."
CHIIC President Edward. Y.M. Zhu responded by saying the company is "very proud to be a sponsor for CEIBS," adding that he has high expectations of good results for the new partnership. Mr. Zhu continued by declaring his commitment to investing in human resources for his company. "We look for more support from CEIBS, from education to training our staff," he said, adding that the business school will also assist CHIIC "to grow as a company in many other ways."
CEIBS were Executive President Pedro Nueno and CHIIC President Edward Y.M. Zhu
The Signing Ceremony concluded with a discussion period between Mr. Zhu and Prof. Pedro Nueno, Ms. Lydia Price, Ms. Clara Tan and Mr. Weldon Lai on future collaborative projects.
CEIBS and CHIIC have enjoyed a mutually beneficial relationship for more than a decade.
About CHIIC
After its founding in Shanghai 1996, CHIIC initially focused on three industry sectors: supply chain management and logistics, China-based manufacturing, and high-tech industries. Today, the company has branched out to pursue an expanded mission of, in its own words, "select small companies with real growth potential, support them with capital and management and assist them in rapid growth and becoming industry leaders." The company describes its current rosy business outlook in this way: "Thanks to the fine combination of intelligence, culture and capital in CHIIC and the continuing dynamism of the evolving Chinese free and open market economy system, CHIIC is finding many more and more new business opportunities in its headquarters city of Shanghai, the economic heart of China."
