The agreement renewal ceremony for the academic development fund donation between Baolong and Wuhan University of Technology (hereinafter referred to as “WUT”), also the awarding ceremony of Baolong scholarship, was held at the Baolong Lecture Hall of the Automotive Engineering School, WUT on Dec. 24th. Mr. Fangbing Meng, Secretary of WUT Party Committee, Mr. Jian Hu, Vice President of WUT, and Mr. Holley Chen, Honorary Chairman of the Board of Baolong, attended the ceremony. Representatives from relevant functional departments of WUT, and management, teacher and student representatives of the Automotive Engineering School also participated in the ceremony.

Mr. Fangbing Meng warmly welcomed Mr. Holley Chen and the delegation, and expressed his gratitude for Baolong’s long-term support for the school's academic development and talent growth. He mentioned that as a leading supplier of TPMS, intelligent suspension systems, etc., Baolong had long deep cooperation with the school, and that he looked forward to jointly nurturing more high-quality talents who meet the needs of the automotive industry, making contributions to building a strong nation in education, science and technology, talent, and the automotive industry. Mr. Holley Chen recalled his educational experiences in WUT, expressing his gratitude towards the University as well as his expectations for the students. He said Baolong would continue to support the school's development and contribute to cultivating more high-quality automotive professionals.

Mr. Fangbing Meng, and Mr. Holley Chen signed the renewal agreement for the ¥10 million academic development fund donation. Mr. Meng presented the donation certificate to Mr. Chen and appointed Mr. Chen as an off-campus career mentor for the school. During the ceremony, the honor certificates were awarded to students who received Baolong Scholarship. The renewal of this donation agreement is an extension for the donation made in 2017 when Baolong donated ¥10 million to WUT to support the development of automotive academy, which marked a new chapter in the cooperation between Baolong and WUT. In the future, the two parties will continue to deepen cooperation in the field of industry and university research, together to promote high-quality development of the automotive industry.