BOCO Donates US$ 1 Million to Fuel NYU Shanghai Research

Joined by a team of faculty, Provost Joanna Waley-Cohen greeted Dr. Wei Deng, founder of Bright Oceans Corporations (BOCO) and a valued friend of NYU Shanghai on February 28. BOCO recently made a generous donation of US$ 1 million to the NYU Shanghai Education Development Foundation.

A BOCO Fund for Science and Research will be established through this gift for postdoctoral fellows, graduate students and summer programs in the areas of Computer Science, Physics, Chemistry, Neuroscience and Mathematics.

“NYU Shanghai’s innovative edge is our insistence on focusing on quality over quantity and our insistence that faculty are the heart of our endeavor,” said Provost Waley-Cohen, thanking Deng for his generosity.

Deng spoke highly of NYU’s global presence, especially in Shanghai, with hopes for his donation to inspire graduate and postdoctoral students in undertaking high level research.

Dr. Wei Deng is the founder, chairman, and CEO of BOCO, part of the first group of enterprises recognized as ‘key national high-tech enterprises’ by the Ministry of Science and Technology of China. The company is engaged in telecommunication, transportation, energy, and capital investment.