On July 21, Zhang Yiming, founder of ByteDance, donated an additional 200 million yuan to the Fangmei Education Development Fund to support astronomy science education, student interest development, education informatization construction, and infrastructure improvements in some schools in Yongding District and Shanghang County in his hometown of Longyan City, Fujian Province. An additional 100 million yuan will be used to fund the training of medical personnel and the improvement of medical equipment at local medical institutions in Longyan. At the same time, the Fangmei Education Development Fund was officially upgraded to the Fangmei Charity Fund, and the scope of use of the fund was expanded from “education development” to “charitable projects such as education development, medical care, and public welfare assistance.” After another donation of 300 million yuan, the total size of the Fangmei Charity Fund reached 1 billion yuan.

On July 21, Zhang Yiming, founder of ByteDance, donated an additional 200 million yuan to the Fangmei Education Development Fund to support astronomy science education, student interest development, education informatization construction, and infrastructure improvements in some schools in Yongding District and Shanghang County in his hometown of Longyan City, Fujian Province. An additional 100 million yuan will be used to fund the training of medical personnel and the improvement of medical equipment at local medical institutions in Longyan. At the same time, the Fangmei Education Development Fund was officially upgraded to the Fangmei Charity Fund, and the scope of use of the fund was expanded from “education development” to “charitable projects such as education development, medical care, and public welfare assistance.” After another donation of 300 million yuan, the total size of the Fangmei Charity Fund reached 1 billion yuan.