Chinese Parent Takes Up the Century Challenge
Benjamin Zhengmin Pan (Parent CAS’13) has become the first mainland Chinese parent of a BU student to establish a scholarship fund for Chinese undergraduates at BU, in response to BU’s Century Challenge. It is the first fund created by a Chinese parent under the auspices of the Challenge.
“I am honored to be the first mainland Chinese parent to do this,” Pan said, “and I hope more people with the financial capacity are willing to join this good cause to help students. These young people are our future. If we help them, we help ourselves!”
Support for international students
Pan’s gift is an endowed fund, the income from which will provide annual scholarship awards to deserving undergraduate students from mainland China, Asia, or other parts of the world. The scholarship provides financial support for students who would not otherwise be able to attend BU.
“With China’s rapid and continued economic and social development, I believe more people are going to be willing to help others in many ways,” said Pan. “BU has adopted a global and diverse management style that has made it one of the best-known universities in the world. I admire BU and want tohelp Chinese students come to BU for a good education. Eventually, these students will create greater value for society and all of mankind.”
Pan is chief executive officer and executive director of AAC Technologies Holdings Inc., a company he co-founded in 1993. He helped develop patents for the design and manufacture of AAC’s polyphonic speakers, miniature receivers, and transducers, and has spearheaded the company’s expansion outside China.