Corporate Social Responsibility

Fosun Foundation

 

Fosun Foundation was officially founded in September 2012, when Fosun Group celebrated its 20th anniversary. Adhering to the Group’s cultural philosophy of “Self-improvement, Teamwork, Performance, Contribution to Society”, it helps the strategic start of enterprises to “re-start at a new starting point”.

 

With a registered capital of RMB10 million, Fosun Foundation was registered with Shanghai Administration Bureau of NGOs and under the leadership of Shanghai Federation of Industry and Commerce, being entitled to income tax deduction in corporate and individual donations. In 2013, the Foundation funded 44 projects, with a total amount of RMB21.58 million, and in 2014, it donated an accumulative amount of more than RMB30 million.

 

The purpose of the Foundation is to inherit cultures, support education, encourage young people to start their own businesses, spread the concept of health, and engage in disaster relief and poverty relief. Since its establishment, Fosun Foundation has always had an attitude of gratitude and shared its growth with employees and the community; while being concerned about the natural environment, it strives to become a positive energy to drive the healthy and sustainable development of the society, as well as to create a harmonious business climate and build a new business ecology together with other companies.

 

The Foundation is dedicated to promoting the inheritance and overseas exchange of Chinese traditional culture, from Taiji culture to wood-carving art, from Confucius Institute in Hamburg, Germany to Shanghai Symphony Orchestra, facilitating the revitalization of Chinese economy and culture, which is also the pursuit and mission of Fosun.