On March 11, the signing ceremony of charity cooperation and donation between Anhui Sinomag Technology Co., Ltd. and Beijing Yao Foundation Public Welfare Foundation was held in Hefei. Ye Dawei, Secretary General of Yao Fund, Li Li, Senior Cooperation Director, Xiong Yongge, President of the Company, Feng Jiaguang, Vice President and Secretary of the Board, Wang Xinian, Director of Public Affairs and other leaders of the two sides attended the signing ceremony.

President Xiong Yongge warmly welcomed the arrival of Yao Fund and his delegation, and briefly introduced the achievements of the company in actively fulfilling its social responsibilities and participating in charity. Over the years, the company has always regarded dedication as an integral part of its corporate culture and worked hard to open up a public welfare road of "long-term sustainability, inheritance and development".

Secretary General Ye Dawei expressed his deep gratitude to the company for its warm donation and strong support. He said that Yao Fund has always adhered to the public welfare concept of "sports people", and is committed to helping students develop education and promoting the healthy development of young people. It is hoped that through this donation ceremony, the two sides will actively carry out cooperation and exchanges, and make contributions to supporting the comprehensive development of young people in poor areas in education, sports, health and other aspects.

"Yao Fund" is a social public welfare organization founded by famous basketball personage Yao Ming. It is the first large-scale basketball and sports public welfare activity in Hope Primary School in China. It aims to give students of Hope Primary School a chance to understand basketball and feel the spirit of sports, so that children in poor areas can enjoy sports and help them develop physically and mentally and grow healthily. Its main project, "Yao Fund Hope Primary School Basketball Season", has now covered 1508 rural schools in more than 120 counties (banners and districts) in 22 provinces, autonomous regions, municipalities directly under the Central Government and Xinjiang Production and Construction Corps. It is one of the largest public education initiatives in China, and also the public welfare project with the largest number of private supporting schools in China in the medium and long term.

This cooperation with Yao Fund has broadened the company's charity road. In the future, the company will carry out more in-depth cooperation with Yao Fund to jointly help the development and growth of public welfare undertakingsof China's sports education.