Institution photo archives are important digital resource with a large proportion of old photos, which makes them of great value in aspects of history and culture. Based on OAIS (Open Archival Information System) Model, the Anhui University Memory Project (AMP) designed and realized a Long-term Preservation Process, which included a series of standard procedures for lifecycle management. Then digital resource repository and digital memory site were developed according to demands of Anhui University for constructing and presenting memory. This paper aims to introduce the architecture and achievements of AMP, as well as the design and implementation of long-term preservation process and two distinctive ways of resource organization and memory presentation.