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Chinese|English

stock code: Legend Holdings(3396.HK)

Liu Chuanzhi

Director and Chairman of the Board of Legend Capital Limited
Chairman of the Board of Raycom Real Estate Development Co., Ltd. /Raycom Holdings Limitedand Legend Holdings Tianjin Limited
Honorary Chairman and Senior Consultant of Lenovo Group Limited
Director of Raycom Property Investment Limited and Right Lane Limited

Mr. Liu Chuanzhi, Chairman of the Board and Executive Director of Legend Holdings Corporation; Chairman of the Board of Legend Capital Limited, Raycom Real Estate Development Co., Ltd., and Raycom Holdings Limited; Honorary Chairman and Senior Consultant of Lenovo Group Limited; Director of Raycom Property Investment Limited and Right Lane Limited

He was a delegate of the 16th and 17th National Congresses of the Chinese Communist Party (CCP) and of the 9th, 10th and 11th National People’s Congresses (NPC) of China. He was the Vice Chairman of the 8th and 9th executive committee of All-China Federation of Industry and Commerce (ACFIC). Additionally, he is Vice Chairman of the Private Business Chamber of Commerce of China, Chairman of the China Entrepreneur Club (CEC), member of the advisory board of Tsinghua University’s School of Economics & Management, Honorary Professor of EMBA Program of Guanghua School of Management, Peking University, and Chinese Guest Professor at the China Europe International Business School (CEIBS).

Mr. Liu was born in Zhenjiang City of Jiangsu Province in 1944, and got a diploma from Department of Radar Navigation of the People's Liberation Army Institute of Telecommunication Engineering (currently Xidian University) in China in November 1967.

As the founder of Lenovo Group Limited, Liu Chuanzhi led Lenovo to continuously growing and laid a solid foundation for its development in the long run.

Since the establishment of Lenovo Group Limited in 1984, Liu Chuanzhi has successively held the posts of the president, chairman of the board, and honorary chairman of Lenovo Group Limited. As the leader, he helped Lenovo break with traditional concepts that had restrained Chinese scientists and researchers for a long time, and commercialize technology in a way with Chinese characteristics. He pushed Lenovo’s acquisition of IBM’s PC Division, which made Lenovo a global company and a valuable example of “going global” for other Chinese companies. In February 2009, he returned to the chairmanship of Lenovo and succeeded in helping the company get through its most difficult period and turn the business around. Under his leadership, Lenovo prevailed in the competition against multinationals and became a world leader in the PC industry. In November 2011, he retired from the chairmanship of Lenovo and began to focus on the new businesses of Legend Holdings Corporation, Lenovo’s parent.

Under the leadership of Liu Chuanzhi, Legend Holdings Corporation has become a conglomerate that covers both industries and investment, and has nurtured a number of outstanding enterprises.

Lenovo, one of these enterprises, has become the world’s largest PC and second largest tablet computer manufacturer and a Fortune 500 company. In the fourth quarter of 2014, Lenovo became the third largest manufacturer of smartphones in the world. Legend Capital and Hony Capital have become leading brands in the China’s investment sector, and Raycom Holdings Limitedhas provided solid performance and created handsome returns for its shareholders.

Meanwhile, Legend Holdings is entering into the sectors of financial service, consumer service, agriculture and food, chemicals, and energy materials in an orderly way, and endeavoring to nurture a group of outstanding enterprises to contribute to China’s economy.

Liu Chuanzhi has made a significant contribution to the company’s institution and mechanism construction, strategy development, business expansion, management methodology and culture, and talents training, and his work with Legend Holdings Corporation has produced a number of achievements that will guarantee its development in the long run.

Liu Chuanzhi constantly pursues increasingly ambitious goals and designs and guides the company’s strategic moves with a forward-looking perspective. He started the company with only RMB 200,000 in his early years; later, the company started to manufacture computers bearing its own brand; up to 2001, it was split for business diversification; up to 2004, Lenovo acquired IBM’s PC business and expanded globally; up to 2010, Legend began dealing with more industrial areas. He is committed to developing Legend Holdings into a listed conglomerate.

Liu Chuanzhi guided the development of reform initiatives concerned with the share structure of Legend Holdings Corporation and its member companies in a far-sighted way and implemented the initiatives in stages. The ownership structures, incentive systems, and corporate governance structures maximizing employees’ initiatives and creativity and increasing the companies’ vitality were established. Legend provides employees with the space to make full use of their potentials, and have raised several leading figures and a large number of excellent talents, laying a solid foundation for the sustained development of the company.

Through years of practice in corporate management, Liu Chuanzhi has developed his management philosophy and methodology focusing on the “three management keys.” As the company’s core competitiveness, they have played a crucial role in the company’s development as well as helped many other companies it invests.

Liu Chuanzhi created Legend Holdings Corporation’s basic culture – “to prioritize the company first, seek truth and be realistic, and put people first”. He practices such methodologies as sticking to goals, implementing in stages, reviewing, etc., which play fundamental roles in supporting company’s sustainable development.

Social responsibility

Liu Chuanzhi has also driven the cooperation between Legend Holdings Corporation and the Chinese Academy of Sciences in launching “Legend Star” initiative for purpose of making full use of Legend’s management expertise and practical experience to actively advance the commercialization of hi-tech research achievements and the incubation of hi-tech start-ups. Legend Holdings aims to help early stage start-ups make substantial breakthrough in the commercialization of hi-tech research achievements and overcome barriers in talents, funding, and other resources. This initiative can facilitate the growth of many small and medium sized technology enterprises.

Liu Chuanzhi insists on sticking to his values -- integrity, credibility, and setting a good example in business ethics. He champions social justice and works hard to make Legend Holdings a trusted and respected company where the idea of “good people, good deeds, and good examples” is passed from generation to generation.

Domestic and International Honors Received by Liu Chuanzhi, including:

1990: First Place, China’s 2nd Time Science & Technology Entrepreneur Awards

1995: National Model Worker, China

2000: Asian Businessman of the Year (The magazine of Fortune)

2000: Asian Star, (BusinessWeek)

2000: Businessman of the Year, CCTV

2001: Top 25 Most Influential Leaders in Business list (The magazine of Time)

2005: Outstanding Individual in Promoting China-US Relations (Awarded by National Committee of US China Relations (NCUSCR)) (the First Non-American Winner during the 40-year History of the Organization)

2009: Fifty Faces That Shaped a Decade, (Financial Times)

2009: Pacemaker – Most Influential Model Worker since the Founding of New China (All-China Federation of Trade Unions)

2009: Business Leader in a Decade of Economic Development in China (Businessman of the Year, CCTV)

2010: Entrepreneur for the World Award, World Entrepreneur Forum (Organized by France’s EMLYON Business School and KPMG)

2011: Businessman of the Year - Lifetime Achievement Award, CCTV

2012: 50 Most Powerful Businesspeople in China (Chinese Version of Fortune)

2012: 10 Most Powerful Businesspeople in China’ (Fortune/CNN)

2012: Distinguished Executive Award, International Association of Chinese Management Research (IACMR)

2013: Thinkers 50 Leadership Award

2015: The 15th Annual Meeting of Yabuli Chinese Entrepreneur Forum Chairman – Night f Weibo: The Most Thinking Entrepreneur of China