Accelerated Transformation of New Quality Productive Forces with Growing Efficacy in Sci-Tech Innovation Layout
HONG KONG, Mar 28, 2025 – (ACN Newswire via SeaPRwire.com) – Legend Holdings Corporation (“Legend Holdings” or the “Company”; Stock Code: 3396.HK) announced the audited annual results for the year ended December 31, 2024 (the “Reporting Period”). The Company recorded revenue of RMB512,806 million, representing an 18% year-on-year increase; the net profit was RMB7,683 million; the net profit attributable to equity holders of the Company was RMB133 million. During the Reporting Period, Legend Holdings achieved a turnaround from loss to profit, primarily driven by a significant year-on-year growth in the performance of Lenovo in the diversified-industries operation segment, as well as improved investment business in the industrial incubations and investments segment thanks to the market rebound.Mr. Li Peng, Executive Director and Chief Executive Officer of Legend Holdings, stated that in 2024, despite the challenges and opportunities brought by industrial restructuring and upgrading, China has steadily advanced …