The Company strives to be an excellent corporate citizen, enthusiastically supports social welfare undertakings by means such as leveraging financial strengths to support industries and rural revitalization; providing educational assistance to left-behind children so as to contribute to the development of education in rural areas. Overseas subsidiaries are also actively engaged in public welfare programs all over the world, and proactively fulfil our social responsibilities.
CITIC Securities has been engaged in the frontline of epidemic prevention and control. According to incomplete statistics, CITIC Securities and its subsidiaries including CITIC Futures and China AMC, donated approximately RMB 22 million in emergency assistance to Wuhan Charity Federation and follow-up support to medical workers in the fight against COVID-19 in Wuhan. CITIC Securities in active response to relevant deployments of the CPC Central Committee and the State Council. In order to support the overall development of financial anti-epidemic efforts, we supported clients in anti-epidemic construction, production and material sourcing, and made every effort to maintain the stability of the capital market. In 2020, CITIC Securities, as the principal underwriter, assisted 38 issuers in completing the issuance of 45 epidemic prevention and control bonds, raising RMB 135.3 billion in total.
In 2020, keeping social responsibilities in mind. CITIC Securities provided systematic and multi-channel financial services through our own investment platform and customer bases, to support targeted poverty alleviation through ways such as asset securitization and “Insurance + Futures” to help the economic development of poor areas and improve people’s livelihood.
CITIC Securities is deeply engaged in poverty alleviation through education, and strives to make the children in poor areas receive good education. In 2020, the Company signed the “Business-to-County” pairing action agreement with Jishishan County to help improve sanitation facilities for local middle school teachers and students; and, in cooperation with the National Council for Social Security Fund, donated medical equipment to Xinghe County and set up a general medical practitioner training program.
CLSA Chairman Trust Fund (“Trust Fund”) is committed to providing financial and human support to vulnerable groups and communities in Asia, Australia, Europe and the Americas. The core objective of the Trust Fund is to reduce poverty and provide subsidies to small and medium-sized NGOs in a range of fields including education, health and welfare, business and environmental corporates to support quantifiable and sustainable projects. Since its establishment in 2007, the Trust Fund has set up 7,000 campus scholarships and 1,372 university scholarships, and funded a cumulate number of 4,000 free medical operations, with a donation of more than USD 27.96 million. The Trust Fund has carried out in-depth cooperation with 130 grassroots NGOs, benefiting more than 500,000 people worldwide.