To implement the “Pioneer Initiative” launched by Chinese Academy of Sciences, put the “Interactive Innovation Initiative” into effect, and improve the incentive mechanism, the Chinese Academy of Sciences Holdings Co., Ltd. (CASH) set up “Interactive Innovation Initiative Contribution Award”, which includes two prizes, namely “Asset Backed Securitization Award” and “Innovation Development Award”, to reward corporate executives who have made outstanding contributions to the Initiative.

  CASH granted the “Interactive Innovation Initiative Contribution Award” to its first winners on April 12 during the 2016 Annual conference. Mr. Deng Maicun, Party Committee Member, Secretary General, and Director of  Operational Asset Management Committee of Chinese Academy of Sciences, was invited to grant the “Asset Backed Securitization Award” to its first winner, Legend Holdings Corporation. Mr. Wu Lebin, Chairman of CASH, granted the “Innovation Development Award” to its first winners, namely the Oriental Scientific Instrument Import & Export (Group) Corp. (OSIC), Beijing Zhongke Ziyuan Co., Ltd., and China Science Publishing & Media Ltd. (CSPM).