Xiaomi chief honored for outstanding contributions
Lei Jun, chief executive of Xiaomi Corp, was among the award winners honored by the Fudan Premium Fund of Management his year.
He was given the Fudan Outstanding Enterprise Management Contribution Award for leading Xiaomi to produce good quality products at affordable prices and the business model of “hardware+new retail+Internet service,” according to the fund committee.
It said his company was the first in China to use the Internet to construct a smartphone ecosystem, and with the efficiency of the Internet and users’ experiences, it had accelerated the popularity and quality improvement of smartphones in China.
It had also promoted development of the mobile Internet in China, driven the upgrading and transformation of traditional manufacturing, and created a new model for business efficiency in the digital era together with other entrepreneurs, the committee said.
Zhao Chunjun, a professor at Tsinghua University School of Economics and Management and honorary board chairman of the Chinese Academy of Management, was presented with the Fudan Management Lifetime Achievement Award as one of the founders of China’s MBA education.
Jia Jianmin, adjunct professor in the Department of Marketing at The Chinese University of Hong Kong (CUHK) Business School and the presidential chair professor at CUHK-Shenzhen, and Yang Baiyin, a professor from School of Economics and Management at Tsinghua University, won Fudan Outstanding Management Science Contribution Awards.
Initiated by China’s former Vice Premier Li Lanqing, the fund has been honoring outstanding scholars and entrepreneurs since 2006.
Former winners include Ma Yun, former chairman of Alibaba, and Ma Huateng, Tencent's chairman.