There is something wrong with the subject of this sentence. Look at the second half of the sentence. If you don't change it, it means that "all the college students present were deeply shocked by ……" This sentence is definitely wrong …
It should be changed to: On May 4th, a large-scale poetry recital of "Red Proverbs" was held in Beijing National Grand Theatre. The superb recitation art of many famous performing artists made the college students present excited and deeply shocked.