LEGEND HOLDINGS

Legend Holdings Released 2023 Interim Results, Stepping up Investment in Technological Innovation to Accumulate High-quality Development Momentum

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Thursday, August 31, 2023

In the first half of 2023, the Chinese economy recovered well in general, and high-quality development was solidly promoted.

Key Points: 
  • In the first half of 2023, the Chinese economy recovered well in general, and high-quality development was solidly promoted.
  • However, at the same time, the international environment remained complex and ever-changing, posing challenges to enterprise operations and development.
  • Continuously increasing investment in scientific and technological innovation, and consolidating the cornerstone of long-term development
    In the first half of 2023, Legend Holdings continued to increase investment in scientific and technological innovation, providing support for the Company's high-quality development.
  • Legend Holdings has been actively practicing corporate social responsibilities in key areas such as rural revitalization, technological innovation, promoting social justice, etc.

Retrieved on: 
Tuesday, May 23, 2023

Expand Investment in Science and Technology and Empower Industry Development, Legend Holdings Realized Revenue of RMB483.7 billion by 2022

Retrieved on: 
Friday, March 31, 2023

During the Reporting Period, Legend Holdings achieved revenue of RMB483.7 billion and net profit attributable to equity holders of the Company of RMB1.167 billion.

Key Points: 
  • During the Reporting Period, Legend Holdings achieved revenue of RMB483.7 billion and net profit attributable to equity holders of the Company of RMB1.167 billion.
  • The company's fundamentals are sound, and certain enterprises in the industrial operations and incubations & investments sectors have good long-term growth potential.
  • Lenovo Group boosted its R&D investment by 21% year-on-year and has nine labs including artificial intelligence and enterprise cloud computing.
  • In 2023, Legend Holdings will continue to actively improve asset quality and solidify business fundamentals through substantive investment management and services.