Legend Holdings Corporation
LGNRF
Other OTC1.13
USD
- -
- -
ISIN
CNE100001ZT0
CUSIP
524915102
Return %
Stock
S&P500
1Y
- -
15.98
3Y
61.91
62.25
5Y
-16.30
67.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Hao
- Full Time Employees
- 102,187
- Sector
- Financial Services
- Industry
- Financial - Conglomerates
- Address
- 301-145 West 15th Street Beijing BC People's Republic of China V7M 1R9
- IPO Date
- Nov 2, 2020
- Website
- legendholdings.com.cn
- Similar Companies
- Business
- Legend Holdings Corporation (3396.HK; LGNRF), founded in 1984 and headquartered in Beijing, China, operates as a diversified industrial operation and investment group primarily serving the domestic market with international business exposure. The company manages two core segments: diversified-industries operation, encompassing controlling stakes in Lenovo Group Ltd., which develops, manufactures, and sells personal computers, servers, smartphones, and infrastructure solutions including intelligent devices, software, and services; Levima Advanced Materials Corp., focused on research, development, production, and sales of advanced materials such as ethylene-vinyl acetate and polyolefin elastomer photovoltaic encapsulant films, chemicals, energy materials, and new energy battery materials; Joyvio Group, engaged in modern agriculture, food production, and related businesses; and BIL (Banque Internationale à Luxembourg), providing integrated banking services including corporate, retail, private banking, and capital markets; and industrial incubations and investments, targeting startups and growth-stage enterprises in artificial intelligence, biotechnology, semiconductors, new energy, robotics, and advanced materials through direct investments, private equity and venture capital funds managed by Legend Capital, and incubations offering equity capital, financial support, and management consulting. Legend Holdings holds a 30.6%-31.41% stake in Lenovo, 51.77% in Levima, and maintains minority interests in various high-tech firms. In 2024, the company achieved revenue of RMB512.8 billion, an 18% year-on-year increase, with net profit attributable to shareholders of RMB133 million, marking a turnaround from prior losses driven by Lenovo's profitability gains from operational efficiency, product mix optimization, and cost controls; BIL's profit expansion via risk cost reductions; narrowed losses at Joyvio; and improved investment returns amid market recovery, including Legend Capital raising over RMB3.3 billion in new funds to reach assets under management exceeding RMB87 billion and investing in over 50 projects. Recent developments include Levima's expansion into POE photovoltaic films with a production line slated for operation in Q3 2025, joint ventures like Levima WeLion for new energy battery materials, heightened AI investments in over 270 companies with listings of Horizon Robotics, Black Sesame, and Pony.ai, and R&D expenditure reaching a record RMB15.8 billion to support AI integration across education, healthcare, and manufacturing.