Elite University Caught in Dispute Over Shares in Affiliated Company

(Shanghai) - The widow of a former head of a company affiliated to Fudan University in Shanghai has appealed against a lower court ruling that denied her ownership of shares awarded to her late husband.

Gui Yaning has battled with the elite university for control of over 2 million shares in Shanghai Fudan Forward Science and Technology Co., after her husband Chen Suyang, a former general manager of the firm, was killed in a plane crash in 2004. The high-tech company founded by Chen and several Fudan academics in 1984 was the first enterprise affiliated to a Chinese university to go public. The company makes computer, telecommunication and automation equipment.