Apple Donates 30 Million Yuan to Zhejiang University, Alma Mater of DeepSeek Founder Liang Yuanfeng
Apple Plans to Continue Supporting Coding Education in China

American company Apple donated 30 million yuan (approximately 6 billion KRW) to Zhejiang University in China. Zhejiang University, renowned for its engineering programs, is the alma mater of Liang Yuanfeng, the founder of the Chinese AI chatbot DeepSeek.


On the 26th, Apple announced on its China website, "We have jointly established the 'Apple Mobile Application (App) Incubation Fund' with Zhejiang University and decided to donate 30 million yuan to the university."

Team Cook CEO and Chinese Students. Sina Economy

Team Cook CEO and Chinese Students. Sina Economy

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It added, "Over the past 10 years, Apple has donated a total of 50 million yuan (approximately 10 billion KRW) to Zhejiang University to operate the 'Mobile App Innovation Competition,' which has benefited more than 30,000 participants from over 1,000 universities in the Greater China region."


Apple also stated that it plans to continue supporting coding education in China. It explained, "The fund of 30 million yuan will provide more business education by encouraging connections between student developers, industry leaders, and investors through seminars, internships, mentoring programs, and more."


Apple CEO Tim Cook said, "We will deepen our 10-year partnership with Zhejiang University to provide technical support to the next generation of developers," adding, "We are honored to help them develop innovative applications and energetically start their own businesses."


Chinese local media such as Sina Finance and Caixin reported that CEO Cook participated in the 10th anniversary event of the 'Mobile App Innovation Competition' held at Zhejiang University and met with students.


Photos and videos of CEO Cook taking commemorative pictures and conversing with Chinese students were also shared on social networking services (SNS) such as Weibo (the Chinese version of X).


Earlier, CEO Cook arrived in Beijing on the 23rd-24th to attend the China Development Forum (CDF) and met consecutively with high-ranking Chinese economic officials, including Vice Premier He Lifeng and Minister of Commerce Wang Wentao, who are regarded as key figures in China's economy. In an interview with a Chinese media outlet, when asked if he had ever used DeepSeek, he replied, "Of course, it’s amazing."



Ren Xiaobo, Party Secretary of Zhejiang University, told Sina Finance, "We are very pleased to continue close and in-depth cooperation with Apple." He added, "We will leverage the strengths of both parties and collaborate through the Apple Mobile App Incubation Fund to cultivate new talents through comprehensive development of knowledge, skills, quality, and individuality."


This content was produced with the assistance of AI translation services.

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