‘Poverty shouldn’t be passed down’: Chinese entrepreneur gives US$4.7 million to 4,000 low-income university students
- Cui Peijun hands out cash payments to needy students at the end of every summer holidays before the new university year begins
- His charitable support has been ongoing since 2003, and in that time he has helped thousands of students obtain higher education qualifications
An entrepreneur in China who spent 32 million yuan (US$4.7 million) helping more than 4,000 university students from low-income backgrounds to finish their studies has won praise for his generosity.
Cui Peijun, from Xinxiang in Henan province, central China, has been funding local university students whose families can’t afford the tuition fees since 2003.
The successful entrepreneur, who was forced to cut his own schooling short because his family could not afford the fees, passionately believes in making education accessible to all.
Poverty should not be passed down to the next generation. They shouldn’t be stopped from attending school because of poor living conditions.
A week ago Cui was outside the office building where he runs his business for the annual distribution of money to needy students, Chinese video-sharing platform Star Video reported.
In the video, Cui is seen sitting next to a long table on which are placed rows of 100 yuan (US$15) notes. The money is divided into bundles with different amounts such as 3,000 yuan (US$438) and 5,000 yuan.
Cui hands the money personally to the students who queue up in front of him. As the students approach Cui, they extend both hands towards him, make a bow, and then collect the money.
This year, Cui distributed 1.1 million yuan (US$160,000) to 160 students from his own personal savings.
