BEIJING, Sept. 20 (Xinhua) -- A list of 50 winners was unveiled Friday for the 2019 Xplorer Prize that honors young scientists working full time on the Chinese mainland.

Each winner will be awarded a total of 3 million yuan (about 423,000 U.S. dollars) over the next five years by the Tencent Foundation, according to a Tencent statement.

The award ceremony of the Xplorer Prize, which is being awarded for the first time this year, is set for Nov. 2 in Beijing, the statement said.

The Xplorer Prize was jointly initiated by Tencent Chairman and CEO Pony Ma and 14 scientists in 2018 to support full-time Chinese mainland-based scientists under age of 45 in areas of fundamental science and cutting-edge technologies.