CDEL Education Fund
Approved and administered by the China Youth Development Foundation, the CDEL Education Fund ("Fund") is founded in 2008, and it is sponsored and operated by China Distance Education Holdings Limited (NYSE: DL). The Fund includes donations from employees, students and public society, and also collects RMB 1 Yuan from each payment made to our online education platform. Any funds raised are to be exclusively and independently used by the Fund, which is specifically organized to provide distance learning facilities and instructive extra-curriculum activities for students living in remote and under developed rural areas to improve their learning environment and study skills, and to provide financial aids for select students.
Exclusive operation of the "National basic education resources co-construction and sharing platform"
National basic education resources co-construction and sharing platform is a non-profit organization. Ministry of education science and technology division, the high school affiliated to Renmin University of China, China Distance Education Holdings Limited (“CDEL”) and other parties jointly implement this organization, in order to promote the quality-oriented education of our country, comprehensively improve the level of information teaching in primary and secondary schools, and realize the balanced development of education, as well as the social sharing of high quality education resources.
In 2012, the Company began to improve and simplify the National basic education resources co-construction and sharing platform. In 2014 the Company began to build out dual teaching platform and makes students from poor areas across the country could share the high quality education resources with the high school affiliated to Renmin University of China. As of 2016, more than 4,600 schools have joined the sharing platform and the platform covers over 790,000 teachers and students. Also, the dual teaching platform has been widely recognized by social public. Through this platform, more than 10,000 students from over 200 remote schools across 23 provinces are able to share the high quality education resources with the high school affiliated to Renmin University of China. We realized the education resources co-construction and sharing platform and contribute our efforts to the balanced development of education in China!
Welfare Project of Online Education for the Disabled
In addition to the CDEL Education Fund, we have also donated our online study cards of RMB 90 million accumulatively to the China Disabled Welfare Foundation to help more than 110,000 physically disabled to improve their working skills through online education and gain more employment opportunities. CDEL will provide our education services to people with disabilities with skills training in areas such as English, accounting, computer science, construction, etc., to help them land suitable jobs.
“CDEL Educational Scholarships and financial aids” in Southeast University
The founder of CDEL, Mr. Zhengdong Zhu, was graduated from Southeast University. In 2013, CDEL signed with Southeast University and donated RMB 1.5 million to set up CDEL Educational Scholarships and financial aids. Every year there are 10 elite undergraduate students would win first prize with RMB 5,000 cash bonus, 25 elite undergraduate students would win second prize with RMB 2,000 cash bonus, and 7 undergraduate students would get financial aid of RMB 5,000. At this moment, 42 students have won awards from CDEL and half of them were from the School of information science and engineering.