John Wu and Jane Sun Attend Official Opening of Long Bin Building at Michigan-Shanghai Jiao Tong University Joint Institute
May 27 2018 - 8:41PM
On May 24, the Long Bin Building of the University of
Michigan-Shanghai Jiao Tong University Joint Institute (UM-SJTU
Joint Institute) officially opened in Shanghai. The Long Bin
Building was made possible through a donation by Mr. John Wu, a
Shanghai Jiao Tong University (SJTU) / University of Michigan (UM)
alumnus and the chairman of Fenghe Investment Management Co., Ltd.
and his wife Ms. Jane Sun, CEO of Ctrip. In 2015, Mr. Wu and Ms.
Sun donated US$10 million to set up the SJTU John Wu and Jane Sun
Endowment Fund to fully support the construction and development of
the UM-SJTU Joint Institute.
The UM-SJTU Joint Institute was founded as a
collaboration between Shanghai Jiao Tong University and University
of Michigan, Mr. Wu’s two alma maters. In their speech, Mr. Wu and
Ms. Sun highlighted the strong and long-standing connection between
two generations of their family and SJTU. With the school motto of
"Gratitude and Responsibility" in mind, Mr. Wu and Ms. Sun are
committed to supporting the development of SJTU and hope to inspire
SJTU students to seize opportunities and to strive for early
success in life.
Located at SJTU’s Minhang Campus with a total
construction area of about 32,000 square meters, the Long Bin
Building provides a space for students to conduct free and open
discussions and research. SJTU and UM also took the lead in
initiating cross-border double-degree programs in China and have
been committed to jointly establishing a world-class institution
for scientific research and education as well as the cultivation of
top talent with a global vision.
Road to charity
As representatives of Chinese overseas students
at the early stage of China's reform and opening-up, Mr. Wu and Ms.
Sun grasped the opportunity to go to the US for further education.
After successful careers in the US, they both decided to return to
China to contribute to society. Ms. Sun has said that her
education experiences in both China and the US were of great
benefit to her career and life, and she hopes to support more
students to have equal access to education resources. Mr. Wu and
Ms. Sun have been actively devoted to charity over the past years
and have made generous donations in China and the US, especially in
promoting international exchanges among universities.
In 2010, Ms. Sun established the Sunshine
International Exchange Scholarship at Peking University Law School.
The scholarship aims to encourage students to actively engage in
international exchanges and develop a global vision, especially
outstanding students who lack financial support. This project
counts top global universities such as Stanford University and
Columbia University among its partners.
In 2017, Ms. Sun set up a scholarship at the
University of Florida, a top US public university, to deepen
understanding and cross-border exchanges between the young
generations of both countries. The scholarship funds Chinese
students for further education in the US and also provides training
and internship opportunities for American students to learn more
about China. Ms. Sun mentioned that patronage she received from her
American teachers in her early years inspired her to help support
more international students. In recognition of her efforts, Ms. Sun
was awarded the University of Florida’s first ever International
Philanthropist Award.
World peace: Ctrip’s mission and
responsibility
Fostering international education is a key
driver for cultivation of innovative talent. Over the past years,
Ms. Sun’s charity efforts have focused on the development of
international talent and cross-cultural exchanges, showcasing her
focus on social responsibility. This is aligned with Ctrip’s
globalization strategy, both sharing the same cultural foundation
and spiritual heritage.
Ctrip Group has helped a great number of Chinese
people travel abroad and broaden their vision since its founding 19
years ago. As a widely recognized market player, Ctrip has grown
into Asia's largest - and world's second largest - online tourism
agency by market capitalization.
Today, under Ms. Sun’s leadership, globalization
has emerged as an important strategic objective for Ctrip. In the
process of accelerating its global expansion, Ctrip is working to
develop global talent through both internal training and external
recruitment. By constantly improving its leading international
travel platform, Ctrip strives to provide excellent service for
Chinese tourists while allow overseas visitors to China to
experience the same high-quality user experience.
"Tourism is the simplest and most direct form of
people-to-people diplomacy,” said Ms. Sun. “It serves as a bridge
connecting China to countries around the world, and helps to
increase understanding, which is the basis for creating global
harmony." Ms. Sun has presented her views at many major
international events, including the EU-China Business Summit, the
BRICS Business Forum and the World Economic Forum.
According to Ms. Sun, the mission of Ctrip is
more than just providing air tickets or hotel accommodations –
Ctrip’s vision is ultimately about promoting cultural exchange and
world peace. This is not just the responsibility of one generation
but requires continuous and sustainable contributions and education
from generation to generation.
About Ctrip.com International, Ltd. Ctrip.com
International, Ltd. is a leading travel service provider of
accommodation reservation, transportation ticketing, packaged tours
and corporate travel management in China. It is the largest online
consolidator of accommodations and transportation tickets in China
in terms of transaction volume. Ctrip enables business and leisure
travelers to make informed and cost-effective bookings by
aggregating comprehensive travel related information and offering
its services through an advanced transaction and service platform
consisting of its mobile apps, Internet websites and centralized,
toll-free, 24-hour customer service center. Ctrip also helps
customers book vacation packages and guided tours. In addition,
through its corporate travel management services, Ctrip helps
corporate clients effectively manage their travel requirements.
Since its inception in 1999, Ctrip has experienced substantial
growth and become one of the best-known travel brands in China.
For further information, please contact:
International PR Ctrip.com International, ltd.
Tel: (+86) 21 3406 4880 ext 196455 Email: Pr@ctrip.com
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/b7303cad-0b24-41e2-b509-1337e5a80900
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/35aa5bb4-d466-4042-a60e-dd4829692f04
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