Legend Holdings Corporation announced the annual audited results for the year ended December 31, 2024 (the “report period”). The company registered RMB512,806 million income, which represents an annual increase of 18%; The net gain was RMB7,683 million; The net profit attributable to the company’s shareholders was RMB133 million. During the report period, Legend Holdings achieved a change of loss to profits, mainly driven by significant year -on -year growth in Lenovo’s performance in the operating segment of diversified industries, as well as a better investment business in the segment of incubations and industrial investments thanks to the bounce of the market.
Mr. Li Peng, Executive Director and Executive Director of Legend HoldingsHe declared that in 2024, despite the challenges and opportunities that bring restructuring and industrial improvement, China has constantly advanced high quality development. Legend Holdings remained unwavering in his commitment to advance new quality productive forces and execute his development strategy based on innovation as basic priorities. By maintaining the strategic approach, reinforcing its industrial base and improving its ability to manage risks, the company assured the robust and stable operation of its general business through continuous technological innovation and management optimization. In addition, the company capitalized the technological boom, with its investments in avant -garde fields that offer sustained value, which resulted in an interannual material recovery in performance.
Legend Holdings actively transformed several factors into real development results, further strengthening its industrial base. During the report period, Lenovo took the opportunity to increase hybrid artificial intelligence, continuously improving its general profitability. For the benefit of a new wave of PC replacements in the global market, Lenovo reinforced its market leadership in this industry, with a 24.3%global market share. Specifically, AI PC represented 15% of sales in the Chinese PC market in the fourth quarter. As Lenovo advanced even more in its diversified and differentiated strategy, the participation of income that is not PC reached a record record of 46%, which reflects the continuous optimization of its commercial structure. The advanced Materials of Levima remained committed to the development strategy based on innovation, and continued to optimize their combination of products and improve operational management efficiency. In addition, it strengthened its innovation ecosystem by further improving its R&D capabilities and technological reserves in key areas, including new energy, biomaterial materials and electronic materials, and successfully launched new projects with strong operational efficiency.
Amid the intensification of global competition in science and technology, Legend Holdings remains firmly committed to the national objective of China of “self -sufficiency and strength in science and technology”, focusing on key areas such as AI, integrated circuits, new energy and advanced materials. By actively supporting the emerging pillar industries of China, the company accelerates the cultivation of specialized and innovative companies while reinforcing national and controllable supply chains in critical industrial segments. Until now, Legend Holdings Family Group has fed 180 “small giants” specialized and innovative.
SCI-TECH innovation leadership, deployment with a vision of the future
Legend Holdings has constantly implemented the innovation -based development strategy, making advances in the location of avant -garde and avant -garde technology. These efforts have contributed to promoting new quality productive forces and deepening the integration of innovation and industrial chains.
Artificial intelligence is becoming the central technology that leads the new round of technological revolution and industrial transformation. In the AI segment, Lenovo has established a full -fashioned intelligent stack technology frame that covers the “device cloud network intelligence” and hybrid solutions of AI have formed a complete innovation ecosystem from personal smart devices to business level applications. In particular, the revolutionary intelligent agent of Lenovo AI has now reached an international leadership standard. The company has also launched the first integrated training and depth inference machine of the world, which coincides with the performance of the first -level international computer power and the first PC of the world with deep models implemented in the device.
These innovations create a rich range of approach Applications scenarios of “Personal AI, multiple devices”. In addition, Legend Holdings has established an ecological advantage in the AI field. Around the “device, technology, model, platform and application”, the company invested in more than 270 companies related to AI, which makes it the investment institution with the most complete system, the largest number of companies and the largest duration in the AI investment field. Among them, companies such as Horizon Robotics (9660.hk), Black Sesame International Holding Limited, (2533.hk) and Pony.Ai (Pony.O), have become successfully public in 2024, and many other companies are in the list of listing guide. Meanwhile, the company continued to invest in technological innovation, particularly in AI, with R&D expenses reaching a record record of RMB15.8 billion.
During the report period, promoted by the “AI+” strategy, Legend Holdings Family Group has established a leading and exemplary role in multiple vertical fields: AI+Education, AI+Healthcare, AI+Manufacturing, etc., promoting traditional companies improve efficiency while accelerating industrial digitalization and intelligent transformation to inject a strong moment in the development of high quality in the high quality of the high quality of the high quality in the high quality of the high quality in the high quality of the high quality in the high quality of the high. of the real economy.
Emerging and future -oriented industries, characterized by dynamic innovation, technological intensity and vast growth potential, play a fundamental role in national economic and social development and the optimization of the industrial structure, which serves as the main border to cultivate new quality productive forces. During the report period, Legend Holdings investment platforms further strengthened their focus on these industries, starting more than one hundred new investment projects that cover multiple key areas, such as artificial intelligence, quantum computing, biotechnology, new energy, semiconductor chips, robotics, big data and cloud computing, medical and health services and new materials. These efforts have not only helped numerous new companies to overcome technological bottlenecks, achieve product innovation and market their products, but also facilitated technological advances and updates in related industries. In particular, in the high -profile incorporated sector, Legend Holdings has built a portfolio of almost 40 companies invested.
Commitment as a basis, responsibility as central
Corporate Social Responsibility (CSR) constitutes an integral component of the general strategy of Legend Holdings, with long -term systematic commitments focused on technological innovation and rural revitalization.
Established in 2008, the CEO training program of Legend Star is dedicated to advancing in the integration of technological and industrial innovation in China by providing free public benefits for leaders in technological entrepreneurship, thus facilitating a more effective technological marketing. Since its establishment, Legend Holdings has constantly invested dozens of millions of RMB annually in the program. To date, he has admitted 1,364 outstanding entrepreneurs, including 855 high -tech companies that cover semiconductors, AI, biopharmaceutical, new energy and advanced materials. At the end of 2024, the participating companies have increased an amount of added financing greater than RMB 420 billion, with a added market capitalization that exceeds RMB1.6 billion, while generating more than 450,000 jobs.
The “Legend Enterprising Class” scholarship program, aimed at underdeveloped regions to provide academic and vital support to low -income high -income students, has been operating for 20 years, allowing more than thousands of students to transform their lives through education. At the same time, Legend Holdings associated with the Women’s Development Foundation of China to establish the “Mothers-in-law Loan Project”, a public benefit initiative that has provided non-interest loans and funds of poverty-alleviation to rural women for years. The program covers four provinces and increases domestic income for local farmers. The aforementioned initiatives have constantly contributed to the development of talent and industrial growth in rural revitalization.
In addition, Legend Holdings has deeply integrated ESG principles in its corporate development strategy. Lenovo has reached the qualification of MSCI AAA for three consecutive years, which makes it the only company in the non -green industry of China. It has also collaborated with the Ministry of Ecology and Environment of China to build an AI -promoted application platform, contributing technological solutions to global challenges such as climate change and biodiversity conservation. Meanwhile, Levima Advanced Materials has constantly focused on the development of green industries, including EVA photovoltaic adhesive film materials, biodegradable materials and lithium -ion batteries separators, which actively supports the construction of a “beautiful porcelain”.
Advance to stabilize, innovate with integrity
Looking towards the future, Legend Holdings will adhere to its governing principle of “pursuing progress while guaranteeing stability” and “defending the fundamental principles, opening new paths.” The company will accelerate the development of new quality productive forces and take advantage of technological innovation to boost high quality development. Legend Holdings will use artificial intelligence as a strategic lever to further deepen its complete pile display, facilitate the deep integration of AI with the real economy and cultivate emerging strategic industries and industries oriented to the future. The company also aims to establish a reference point for the industrial chain of green computing, contributing to both the digital economy and the green transformation. By increasing investment in R&D and promoting the industrialization of scientific achievements, Legend Holdings will enhance critical technological advances to further strengthen the safety of the industrial chain.
Mr. No Min, President and Executive Director of Legend HoldingsHe declared that reflecting on the 40 -year development trip of Legend, with the orientation and support of several interested parties and in the wave of reform and opening, the legendary have made countless efforts for economic growth and high -tech industrialization of China while achieving notable achievements. In the future, Legend Holdings will continue to firmly implement its development strategy promoted by innovation, it will continue to be committed to revitalizing the country through its industries, carrying out business spirit and passion, strongly promoting the development of new quality productive forces, practicing the modernization of people’s development with people, active social responsibilities and, through their own growth, make a greater contribution to Modernization of the Chinese.
