The Hong Kong-based industrial magnateChao Kuang Piu (曹光彪), who is a Zhejiang native,[1] donated 10 million HK dollar to Zhejiang University. The goal of the fund is to promote high-tech innovation and development at Zhejiang University. The fund is named after Chao Kuang Piu for his generous financial supports and contributions to the university.[citation needed]
Chao again donated 18 million HKD to the university. The donation was used to build the Chao Kuang Piu High-tech Building (曹光彪科技大樓/曹光彪科技大楼), which is coupled with the fund.
December 2001, Chao further donated 20 million HKD to found the current Chao Kuang Piu High-tech Talent Fund (曹光彪高科技人才基金), which is also coupled with the previous High-tech Development Fund.[2]
Qiushi Academy (1897-1901) → Qiushi University (1901-1902) → Chekiang University (1902-1903) → Chekiang Higher Institutes (1903-1914) → (closure) → National Third Chungsan University (1927-1928) → National Chekiang University (1928-1950)→ Chekiang University (1950-1990) → Zhejiang University (current)