Shandong companies make 100m yuan worth of donations

By Zhao Ruixue in Jinan | (chinadaily.com.cn)| Updated : 2020-02-10

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Over 100 million yuan (about $14 million) worth of donations have been made from 28 companies supervised and administered by the Shandong Provincial State-owned Assets Supervision and Administration Commission as of Sunday to aid in fighting against the novel coronavirus pneumonia, according to the commission.

The donations consist of 81.22 million yuan ($11.6 million) of cash and 22.03 million yuan ($3.15 million) worth of goods.

Several companies including Yankuang Group, Shandong Port Group Co Ltd, Hualu Holdings Co Ltd, Shandng Hi-Speed Group Co Ltd and Shandong Energy Group Co Ltd have made donations worth of over 10 million yuan, respectively.