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Toyota Presents Study-assistance Stipends in China

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Tokyo—TOYOTA MOTOR CORPORATION (TMC) announces it presented stipends from the Toyota Study Assistance Fund1 today at a ceremony at Guizhou University in Guiyang, Guizhou Province, China.  This was the fourth annual presentation of stipends from the fund.

TMC and the China Soong Ching Ling Foundation2 jointly established the Toyota Study Assistance Fund in March 2006 to provide assistance to students in mid-western China who for financial reasons would otherwise have difficulty entering university or advancing their tertiary education.

Attendees at the ceremony included 10 stipend recipients for the current fiscal year from Guizhou University, representatives of the 20 universities to which the fund is made available, officials from the Soong Ching Ling Foundation, and representatives of Toyota.

In his address, TMC Senior Managing Director Mamoru Furuhashi said: "To date, the Toyota Study Assistance Fund has supported 840 students from 20 universities in mid-western China.  This region is expected to see further economic development, and as such it is our great pleasure to be able to aid the education of the people who will lead that development. "

Related to the fund, a visit to Japan in late October this year was organized for 18 university students from the 2006 entry year.  To help broaden their horizons and gain a better understanding of Japanese culture, the students visited the Edo-Tokyo Museum, National Museum of Emerging Science and Innovation and other public facilities in Tokyo, as well as TMC's Tsutsumi Plant and the Toyota Commemorative Museum of Industry and Technology in Nagoya.  The students also met with students from the University of Tokyo and TMC employees.

TMC and its affiliates around the world have long engaged in diverse social contribution activities with a focus on human resource development, environmental protection and traffic safety.  Activities in the area of human resource development in China include the creation of the Technical Training Center of Toyota Jin Bei of China Automotive Industry in Shenyang City, Liaoning Province, and, in collaboration with Tsinghua University's School of Public Policy, the establishment of a research center in Beijing.  With respect to environmental protection, TMC engages in afforestation programs to combat desertification in Hebei Province and has established the Toyota Environmental Protection Aid Program for China's Youth, which provides support for local environmental protection activities.  Regarding traffic safety, TMC conducts safe-driving events for the general public in collaboration with the Chinese Ministry of Public Security.

Through these initiatives, TMC seeks to be a good corporate citizen in China and plans to continue making a positive contribution to Chinese society.

1The fund targets one university in each of the 20 provincial, municipal and autonomous regions in mid-western China and provides yearly stipends of 5,000 yuan to 10 first-year students per university over a four-year period.  Recipients are selected by a committee of educators and experts on poverty issues that reviews the economic situation of applicants sitting for university entrance exams.  TMC plans to offer financial assistance to a total of 1,000 university students through the fund over a five-year period from 2006 to 2010 (200 students per year).  The Toyota Study Assistance Fund is valued at 20 million yuan.  Also, between 2008 and 2010, additional financial assistance totaling 1.2 million yuan will be provided as part of recovery efforts following the Great Sichuan Earthquake.

2One of China's oldest community service organizations, established in May 1982 in memory of Soong Ching Ling, the late honorary president of the People's Republic of China.  The foundation has significant domestic and international influence and engages in the promotion of a wide range of independent activities, in areas that include exchanges between Taiwan and China, international exchanges, education of the needy, spreading scientific knowledge, children's culture and entertainment, sporting activities and assistance to underprivileged children.

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Toyota Presents Study-assistance Stipends in China
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