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Legend Holdings Ltd. ( “Legend holdings” or “the Company”) was established in 1984 with 11 researchers and an investment of RMB 200,000 from the Institute of Computing Technology of the Chinese Academy of Sciences. In 2006, turnover of Legend Holdings reached RMB 138.9 billion, total assets of RMB 65.1 billion. Accumulated sales tax paid in the past totaled RMB 7.62 billion by 2006.
As a strategy-driven investment holding company, Legend Holdings adopts the parent-subsidiary governance structure composing of five business subsidiaries covering three major industries—IT, equity investment and real estate development. Meanwhile, Legend Holdings firmly seizes opportunities for business development and actively explores new orientations for industrial development. The company focus on making strategic decisions on business direction, recruiting talent, allocating resources, supervising and making performance assessments, and providing substantial support for its subsidiary companies in terms of capital, brand, management and culture, to help them become the leading companies in their industries respectively.
With 20 years of effort, Legend Holdings has explored a road of hi-tech industrialization with Chinese characteristics, successfully conducted the corporate ownership reform by transforming from a state-owned enterprise into a modern corporate governance structure. Based in Chinese domestic market, Legend has won its initial success in competing with foreign competitors and promoting the development of a national IT industry, learned the management experience of successful Western companies, and formed its own special management philosophy with Legend’s characteristics adapt to the actual business environment in China. This unique management philosophy becomes the core competence of the company in the long run.
With the vision of dedicating itself to the service of the motherland through business development, Legend Holdings grows together with the Chinese economy, and is committed to be an influential, ever lasting international investment holding company. |
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Chairman:
Zeng Maochao |
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President:
Liu Chuanzhi |
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With dedication to the service of society through development and growth, Legend Holdings is committed to be a respected and trusted global holding company that holds interests in leading enterprises worldwide. |
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