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GF Fund actively exerts public welfare power to help realize the vision of the era of common prosperity

Date: 2021-09-10 Source: Securities Times Net

  The annual "99 Charity Day" ended warmly. From September 7th to 9th, GF Fund conducted a 1:1 matching donation for 2783 caring netizens, donating a total of more than 300,000 yuan, and invested in the "Gypsophila Public Library" project, which aims to establish a library and develop reading activities to improve the reading quality of rural children.

  As a public fund company that serves the needs of public financial management, GF Fund, while strictly fulfilling its fiduciary duties and practicing inclusive finance, insists on returning to the society with responsibilities, actively participates in public welfare undertakings, and contributes to the harmonious development of society with the professional strength of the organization to help achieve vision of the era of common prosperity. Up to now, GF Fund has invested more than 54 million yuan in public welfare undertakings.

  The 10th meeting of the Central Finance and Economics Committee held not long ago emphasized that we must adhere to the people-centred development philosophy, promote common prosperity in high-quality development, correctly handle the relationship between efficiency and fairness, and build coordination, supporting basic institutional arrangements of primary distribution, redistribution, and third-time distribution. In 2019, the Fourth Plenary Session of the 19th Central Committee of the Communist Party of China proposed for the first time the need to "pay attention to the role of the third-time distribution and develop charity and other social welfare undertakings." In 2020, the Fifth Plenary Session of the 19th Central Committee of the Communist Party of China once again proposed to play the role of the third-time distribution, develop philanthropy, and improve the distribution of income and wealth.

  As early as July 2006, GF Fund, which was established less than three years ago, began to open the road of public welfare and charity through various forms such as emergency relief, pension assistance, medical assistance, education and education, and poverty alleviation. In order to continue to carry out public welfare undertakings professionally, the GF Fund initiated the establishment of the Guangdong GF Fund Public Welfare Foundation at the end of 2018. Relying on the foundation's professional platform, the company actively responds to the call of the country to support education development in underdeveloped areas, and help children pursue a better future, focusing on the main line of promoting education, helping students, and helping the weak.

  The wisdom of the youth is the wisdom of the country, the strong of the youth will make the country strong, and the prosperity of the youth will lead to the prosperity of the country. GF Fund has always been concerned about the growth and development of young people, and has taken education and public welfare as the focus of public welfare work. Based on the needs of educational subjects in different stages of basic education, quality improvement, and professional development, GF Fund has established a multi-level and multi-dimensional education charity donation system. The company initiated the "GF Fund Jufu Building Dream Education Charity Program", "GF Fund Reading Promoting Support Program" and other educational public welfare projects, which have provided educational resources and spirit source to nearly 50 schools across the country and nearly 10,000 students in underdeveloped areas, helping them build the ability to see and welcome the future.

  The "Gypsophila Charity Library" assisted by the "99 Charity Day" this year is a charity reading promotion project continuously assisted by the GF Fund. In September 2020, the “GF Fund Gypsophila Public Welfare Library” donated by the company was officially opened at the Central Primary School of Neiguan Town, Lianping County, Heyuan City, Guangdong Province, in order to provide children with bright and spacious reading space, convenient borrowing channels and a rich variety of books. The project is equipped with bookshelves, reading tables and chairs, more than 2000 books and Readora lending system for children to read books, carrying out bibliographic research, reading curriculum development, rural teacher training and reading in the library operation activities and other work. At the same time, the “GF Fund Gypsophila Public Welfare Mobile Book Box” donated to build in Taiping Town, Xinxing County, Guangdong Province, mobile bookbox was also put into use. The library contains 208 book boxes with a total of 6142 books. The book box is located in Taiping Town and is circulating around a total of 17 rural schools. The "Mobile Book Box" project is based on the concept of "shared reading and recurring reading". By setting up a mobile library and operating supporting facilities in the town central primary school, it helps select books to flow between rural primary schools and greatly increases the utilization rate of books. In June, the company donated a public welfare library to Fuxi School in Renhua County, Shaoguan, Guangdong, an old revolutionary area, and integrated the teacher empowerment training, reading promotion education and other links after the construction of the library into the full-cycle operation to effectively improve rural children Reading resources and quality.

  The relevant person in charge of the GF Fund Public Welfare Foundation said that promoting the fairness of education through reading promotion is the original intention of the GF Fund to donate library projects. "Education is to use one lamp to light up another lamp, and reading is the brightest lamp among them. It can light up children's future."

  Since its establishment, the GF Fund has advocated the combination of public welfare practices and corporate culture, encouraging and supporting employees to "public welfare for all" and actively participating in public welfare practices. Since mid-2020, the company and its employees have jointly initiated and supported charity projects with a donation of over 800,000 yuan, which is not only used to help the development of education in underdeveloped areas, to provide subsidies and rewards for teachers and students, but also offer special groups in need of care, including disabled teenagers, with rehabilitation treatment support is provided.

  Philanthropy is a necessary support for social justice, and common prosperity is a brand-new topic for public welfare and charity. GF Fund stated that in the future, it will never forget the original intention of inclusive benefits, and will perform its fiduciary responsibilities down-to-earth to help maintain and increase the value of residents’ wealth; at the same time, it will actively give back to the society, assume the responsibility of corporate social citizenship, give full play to the power of public welfare, and work with the whole society to achieve people's yearning for a better life and the vision of the era of common prosperity are working tirelessly.