Peking University College of Engineering and Fujian Zhengxing Wheel Group held a signing ceremony for the agreement of strategic cooperation in Lakeview Hotel on July 23.
President Qifeng Zhou of Peking University, Dean Shiyi Chen of the College of Engineering, and Chairman Jianhui Lai of Zhengxing Wheel Group attended the ceremony, along with a number of representatives from both parties.
According to the agreement, the two parties will collaborate in technology transfer and personnel training in the hope of cultivating talents with great entrepreneurship and innovative abilities.
Zhengxing Group specializes in the manufacturing of automobile wheels. After ten years of growth led by Lai, it has now become the largest wheel manufacturer in Asia.
Lai is often seen as public-spirited and community conscious. Lai donated 500 million RMB several years ago to establish the Zhengxing School in an effort to boost local education. In hopes of facilitating better medical service, Lai also funded a hospital this year to serve his community.
Chairman Jianhui Lai of Zhengxing Wheel Group