A Shenzhen University alumnus who graduated just a year ago donated 50 million yuan to his alma mater, and his first bucket of gold may have come from cryptocurrency.

A recent Shenzhen University graduate donated 50 million yuan to his alma mater, possibly from cryptocurrency.

Source: Jiemian News

Author: Jiemian News Reporter Ge Zhenwei

Just one year after graduating from undergraduate, Zhang Yufeng, an alumna of the International Trade major at Shenzhen University, donated 50 million yuan to her alma mater in her personal capacity. This scene just happened at the 40th anniversary celebration of Shenzhen University.

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Who is Zhang Yufeng? What does she do? Zhang Yufeng’s “generous act” has attracted attention.

Jiemian News Greater Bay Area Channel reporter learned from the internal network of Shenzhen University that on June 8, 2022, Zhang Yufeng, who was still in her senior year, held a lecture entitled “Teacher-Student Interview: The Innovative Entrepreneurship Journey of Zhang Yufeng, a Senior Student of International Trade, Achieving Financial Freedom”. The lecture content included alternative asset trading, balancing course study and extracurricular internship time arrangement, and obtaining internship offers from well-known companies.

According to the lecture notice at that time, Zhang Yufeng was a partner at ABD Venture, a hedge fund in Singapore, mainly engaged in alternative asset investment and trading, with remarkable performance and lucrative returns. Alternative assets refer to assets that are different from traditional asset categories, such as private equity, hedge funds, collectibles, virtual currencies, etc.

Starting from her sophomore year, Zhang Yufeng successively interned at Shopee, a cross-border e-commerce platform in Singapore, international consulting firm McKinsey, China International Capital Corporation, Tencent, and a leading US dollar fund.

After conducting online searches, the reporter did not find more information about hedge fund ABD Venture.

In addition, the reporter learned from several Shenzhen University alumni that Zhang Yufeng had invested in virtual currencies during her university years and had shared her experience of trading coins at the school. One alumnus said that Zhang Yufeng is a super-rich person in his circle of friends and has long been financially independent. “He didn’t take several exams in his courses, I don’t know if he will take them later.”

The reporter learned from a person close to Zhang Yufeng that she returned to China from New York to participate in the Shenzhen University anniversary celebration, and on September 28, she will discuss the donation with Shenzhen University, and then visit her parents in Dongguan before flying back to New York.

This donation is the second phase of donations for the 40th anniversary celebration of Shenzhen University. On the 27th, Shenzhen University received a total of 449 million yuan in donations from all sectors of society and alumni. Up to now, the total amount of funds and materials donated to the 40th anniversary celebration of Shenzhen University has exceeded 1 billion yuan.

In addition to Zhang Yufeng, the donors for this donation also include: Guangdong Xizhilang Group Co., Ltd. donated 100 million RMB to Shenzhen University; Shenzhen Jinglan Investment Co., Ltd. donated a building worth 160 million RMB to construct Wuyuzhang Building in Shenzhen University; Shenzhen Yechenghai Charity Foundation donated 50 million RMB to Shenzhen University, etc.

In April 2023, the Shenzhen University donation platform was officially established, and alumni donations are received by the Shenzhen University Education Development Foundation. Shenzhen University was founded in 1983 and is the first university built during the construction of the Shenzhen Special Economic Zone. In the ranking of the top four mainstream universities internationally, Shenzhen University ranks 27th among domestic universities on average.

In November 2022, Mao Junfa, the president of Shenzhen University, shared his “special” requirement for building Shenzhen University into a world-class university – “I hope to train 10 outstanding alumni of Ma Huateng’s caliber by the mid-21st century.” This statement sparked heated discussions at the time. Ma Huateng is one of the co-founders of Tencent and currently serves as the Chairman of the Board and CEO of Tencent. His fortune ranks second in China on the 2023 Hurun Global Rich List.

(Contributed by Zhang Mengyue from Jiemian News)

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