• In 2004, Lenovo fought on two fronts, defeated strong rivals and acquired IBM's global PC business.
In the early 2004, facing the strong challenges of the direct-sell model of foreign competitors, Lenovo Group made a major strategic change - focusing on PC, adopting the "dual model" business pattern, re-organizing and designing the supply chain, channels, customers, products, etc. Lenovo eventually beat all rivals, thus laying a solid foundation for internationalization.
On December 8, 2004, Lenovo announced the acquisition of IBM’s global PC business, entering the international arena and participating in global competition.
• In 2004, Lenovo became the first global partner of The Olympic Program (TOP) from China.
• In 2004, the CSR Development Plan was established.
On its 20th anniversary, Legend Holdings established the company's CSR development plan and incorporated it into its overall development strategy.