On September 26, the Hunan Merchants Capital's Pratt-Whitney House and the Red Cross Foundation of China signed a cooperation agreement in Beijing on the forthcoming "Humanity Home_Livelihood Protection" project under the precise poverty alleviation strategy.
Through the Red Cross Foundation of China, Pratt-Whitney House provides livelihood development grants to poor families in its project area, helps the state to adopt a precise poverty alleviation strategy, and helps poor families with a desire to become rich through the development of agricultural production activities such as cultivation or aquaculture. Pratt-Whitney Lodge has pledged to donate RMB 1 per square metre for each property sold within three years, and not less than RMB 2 million for the poor families in the project sites in three years.
On the same day, Liu Xuanguo, Vice President of the Red Cross Foundation of China, Fu Yang, Director of Disaster Relief and Development, Gan Zhiguo, Executive Director of Pratt-Whitney House, Li Weibin, Chief Operating Officer of Pratt-Whitney House, and Zheng Kaichen, Channel Director, and other leaders and media reporters witnessed the signing ceremony.
Speaking on behalf of the donors, Gan Zhiguo, executive director of Pratt & Whitney House, said that the Pratt & Whitney Real Estate Fund was set up in July this year. It was jointly sponsored by CITIC Industrial Holdings Limited and Hunan Xiangshang Capital Management Limited to solve the housing problem of poor families. This time, in cooperation with the Red Cross Foundation of China, the implementation of the "Fraternal Homeland Livelihood Protection" project to support the livelihood development of poor families is a new initiative of Pratt & Whitney House to support the accurate poverty alleviation of "five batches of one batch" in "developing industries to lift off poverty". As a socially responsible enterprise, Pratt & Whitney House will give full support to public welfare undertakings to benefit more poor families.
Liu Xuanguo, vice-director of the Red Cross Foundation of China, said in his speech that the project of "Fraternal Love Home Livelihood Protection" was a humanitarian public welfare project launched by the Red Cross Foundation in urban and rural communities under the 2020 strategic framework of the International Federation of Red Cross and Red Crescent Societies, aiming at "poverty alleviation through livelihood and development promotion". At present, in addition to providing production funds for poor families, we also provide production technology training to support ecological breeding and improve the quality and added value of agricultural products. Through the development of agricultural production, attracting more people to start their own businesses and build a beautiful new countryside. As a national 5A-level foundation, the Red Cross Foundation of China will carry out projects in accordance with the wishes of donors and the purpose of public welfare projects to maximize the role of charity.
Finally, the signing of the cooperation agreement between the two sides signifies the achievement of strategic cooperation.