The China National Offshore Oil Corporation (CNOOC) generously donated HK$15 million to the Chinese University to establish the CNOOC Scholarships to support outstanding mainland students to pursue their studies at CUHK. Scholarship recipients will receive full sponsorship, covering tuition and living expenses, which can help to relieve their financial burden when studying abroad, especially those living in remote areas or poverty stricken places. Mr. Li Fanrong, chief executive officer and president of CNOOC Limited, and Prof. Joseph J.Y. Sung, Vice-Chancellor of CUHK, attended the cheque presentation ceremony on 29 March, and met with the sponsored students.