Report of the PKU Delegation's Visit to LA in the Year 2001

Dear Alumni,

PUAASC is proud and pleased to announce our events of welcoming President Xu

Zhihong and the delegation of the PKU Education Foundation a great success.

Following is a brief summary of the events.

ALUMNI GATHERING:

The first event, the alumni gathering, began at about 2:30 PM in Hilton

Pasadena. About 90 alumni and friends participated in the event. President Xu

delivered an exciting speech in the gathering. He said PKU is facing a golden

development opportunity, thanks to the huge financial support by the central

government. The university has set up a goal to become a world-class university

by 2015. However, at this stage, the most important task for Peking University

is infrastructure building because the living and research conditions at PKU

are still poor. Peking University plans to investment several billions of RMB

in the next five years to improve the living and research conditions

dramatically. These funds will mainly come from the central government and bank

loans. Peking University also expects to get more helps from its alumni and

friends. With regard to university management, President Xu said that

communication with students, faculty and staff is his top priority. He believes

that pointed criticism is a great tradition of Peking University, which should

be fully exploited. To facilitate communication, a President Mailbox at

www.beida-online.com was established so that everyone can talk directly to the

President.

(The URL for the President Mailbox is

http://bbs.beida-online.com/president/index.php3.

At the alumni gathering, Director Jiang Yuxiang, CEO Zhang Zhaodong of Founder

and Vice President Chen Zhong of Jade Bird also introduced their enterprises

and expressed eagerness to recruit overseas talents to work at these PKU

enterprises.

THE BANQUET:

About 100 alumni, distinguished guests and journalists participated in the

evening banquet to welcome the PKU delegation. Prior to it, President Xu

received a welcome letter from Mayor Dick Riordan of Los Angeles, and we

(PUAASC) received a congratulation letter from the UCLA chancellor Albert

Carnesale. In the evening banquet, distinguished guests such as Consul General

Lan Lijun and Caltech Professor and Nobel Prize Laureate Dr. Rudolph A. Marcus

expressed their warm welcome to the PKU delegation and the best wishes to the

PKU Education Foundation. President Xu again delivered an energizing speech

that inspired everyone. At the end of the banquet, Peking University Education

Foundation received 55 donations and pledges total $59,600. After excluding

Banquet expense $7,041.49 (11.82% of total donation), the rest 52,558.51 will

go to Peking University Education Foundation (USA).

The biggest donors (>$1000) are:

Katrina Leung, 5 fellowship/scholarship, about $35,000

Wang Li-Jean and Carl Zheng, $6,800

Wen Duanzhi and Liu Naili, $6,400

Richard Li, $2,000

Richard & Yvette Koo, $1,600

ACKNOWLEDGEMENT:

Such a successful event won't be possible without the dedicated help from many

people. Our gratitude goes to the following alumni and friends who have

contributed greatly for the events:

Zhao Mingji, Yang Duan, Wen Duanzhi, Liu Naili, Wang Li-Jean, Zhang Xiwen,

Richard Li, Wang Zhengang, She Zhenshu, Yin An, Xue Song, Xu Wenge, Wu Xiuqin,

Li Tiansheng, Liu Yutao, Han Limin, Gao Zhun, Lan Sikun, Xia Bin, Liu Qizhi,

Huang Wei, Du Fangyong, Li Ming, Pei Lina, Liu Hao, Xi Rimo, Jiang Peter, Li

Jun, Tang Shuo, Bi Ming and Zeng Feng.

Best regards,

PUAASC, BOD

4/23/2001