Management Team

Liu Chuanzhi

Chairman of the Board of Legend Holdings Corporation

Founder of Lenovo Group Limited

  • Chuanzhi Liu was born in Zhenjiang City, Jiangsu Province in 1944. He graduated from the Military Telecommunication Engineering Institute of the Chinese People’s Liberation Army (now known as Xi’an Electronic Technology University) in 1966 and is the Chairman and Executive Committee member of Legend Holdings.
  • As the founder and creator of Lenovo Group, Chuanzhi Liu led the company to grow big and strong, which lay a solid foundation for long-term business growth.
  • Under his leadership, Lenovo broke through the traditional concept that had imprisoned its scientific researchers for a long time in Lenovo and took a Chinese-characterized road of for research institutes to realize high-tech industrialization. While establishing itself well in the Chinese domestic market, Lenovo won the competition with the international PC giant and brought along the development of a large number of Chinese IT companies that helped enabling the popularization of computers among tens of thousands of households and all walks of life, thus laying a solid foundation for the great advancement the Internet and mobile Internet sectors in China. He propelled the acquisition of IBM's global PC business, which enabled Lenovo to successfully enter the international arena and accumulated valuable experience for other Chinese companies to ‘go global’. In February 2009, he returned to the chairmanship of Lenovo Group to help the company survive the toughest period and turned around the situation. Since then, Lenovo won a complete victory in international competition and has become a globally leading PC company. In November 2011, Mr. Liu was relieved of his office and started focusing his personal energy on the brand new cause of the parent company Legend Holdings.
  • Under his leadership, Legend Holdings has become a conglomerate that has both industrial operation and capital investment that has nurtured multiple outstanding companies.
  • Among them, Lenovo Group has become the world's largest PC company and ranked 226th in Fortune Global 500 in 2017. Legend Capital, Hony Capital and Legend Star have become leading brands in China's investment sector.
  • At the same time, Legend Holdings is advancing in an orderly manner in areas such as financial services, innovative consumption and services, agriculture and food and continues to deploy investment in overseas assets, striving to create a number of leading companies in more fields to contribute to China’s economy.
  • Mr. Liu made outstanding contributions in the establishment of the company's mechanism and system, strategy formulation, business development, management and culture, and personnel training. He led Legend to a series of achievements and laid a solid foundation for the long-term development of the company.
  • Mr. Liu keeps pursuing higher and more ambitious goals and leads the company's strategic development direction in a forward-looking manner. From starting the trade business with RMB200,000 in the early years, establishing its own branded PC, splitting business and entering into diversified fields in 2001, later acquiring IBM's global PC business to expand into the international market in 2004, and entering more industries in 2010, Mr. Liu is committed to making Legend Holdings a trustworthy and respected international investment holding company with leading business presence in multiple industries and global influence. On June 29, 2015, Legend Holdings was successfully listed on the main board of Hong Kong Stock Exchange.
  • Mr. Liu led Legend's series of equity changes in a far-sighted manner and implemented them step-by-step. A property rights mechanism, incentive mechanism, and corporate governance structure that could maximize employees’ activity and creativity were established. The vitality of the company was greatly released, and better career paths were created for the young people to give a full play of their talents. As a result, many people grew into leading figures and outstanding talents, which laid a solid foundation for Legend's long-term development.
  • Through long-term corporate management practice, Mr. Liu has explored a set of corporate management concepts and methods centered on the “three management keys” which helped forming the company’s core competitiveness. These management laws not only play a key role in the development of Legend itself, but also help more and more companies to develop better in later investment businesses.
  • Mr. Liu has created a Legend root culture of ‘Put the company interest first. Be realistic. Keep forging ahead. Put people first’. He summarized a set of pragmatic methodologies and has been practicing them, namely ‘Strong purpose’, ‘Step by step’ and ‘Fu Pan’. Such methodologies have played a fundamental role in the sustainable development of the company.
  • Social responsibility
  • Under Mr. Liu’s leadership, established the ‘Legend Star’ was established in Legend Holdings. By making full use of Legend’s management and practical experience, the company actively promoted the industrialization of high-tech achievements and the incubation of early technology companies while seeking substantial breakthroughs in the transformation of scientific and technological achievements and solutions to solve the difficulties regarding talents, funds, and resources in technological entrepreneurship so as to help the growth of more SMEs.
  • Mr. Liu has always been practicing the values of integrity and honesty and striving to create a good business ethics. He actively promotes social uprightness and is committed to making Legend Holdings a trustworthy and respected company so as to let the spirit of “Be a good person. Do good deed. Set a good example to the society” be passed down from generation to generation.
  • Mr. Liu was a delegate of the 16th and 17th National Congress of the Communist Party of China (CCP), the deputy to the 9th, 10th and 11th National People's Congress (NPC) and the vice chairman of the 8th and 9th Executive Committee of All-China Federation of Industry and Commerce (ACFIC).

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
  • 2016: Doctor of Business Administration honoris causa, Hong Kong University of Science and Technology
  • 2016: Lifetime Achievement Award(CNBC 15th Asia Business Leaders Awards)
  • 2017: Order of the Italian Star Award, Italian Government
  • 2018: Reform Pioneer and was awarded the "Reform Pioneer" medal, the Central Committee of the Communist Party of China and the State Council

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