lenovo Lenovo Group

Company Profile Lenovo Group Co., Ltd. (HKEx: 0992) was founded in 1984 with an investment of 200,000 yuan and 11 scientific and technical personnel from the Institute of Computing Technology, Chinese Academy of Sciences. At that time, it was called the New Technology Development Company of the Institute of Computing Technology, Chinese Academy of Sciences. In 1989, Beijing Lenovo Computer Group Corporation was established. Lenovo mainly produces desktop computers, servers, laptops, printers, PDAs, motherboards, mobile phones and other products. Since 1996, Lenovo's computer sales have ranked first in China's domestic market. On April 1, 2004, the English name of Lenovo Group was changed from "Legend" to the current "Lenovo". "Lenovo" is a portmanteau, "Le" comes from "Legend" and "-novo" is a fake Latin word from "nova". In the same year, Lenovo acquired the IBM PC Division for US$1.75 billion (US$1.25 billion and IBM's US$500 million in debt) and obtained the right to use the IBM brand within 5 years, becoming the world's third largest PC manufacturer. Lenovo Group was founded in 1984 by the Institute of Computing Technology of the Chinese Academy of Sciences with an investment of 200,000 yuan and 11 scientific and technical personnel. Today, it has developed into a large enterprise group with diversified development in the information industry. Lenovo completed the acquisition of IBM's Personal Computer Division in May 2005, marking the birth of the new Lenovo! Lenovo is currently headquartered in Purchase, New York, and has two main operations centers in Beijing, China and Raleigh, North Carolina, USA. Through Lenovo's own sales organization, Lenovo business partners and the alliance with IBM, the new Lenovo's sales The network spans the world. Lenovo has more than 19,000 employees worldwide. R&D centers are located in Beijing, Shenzhen, Xiamen, Chengdu and Shanghai in China, Tokyo in Japan and Raleigh, North Carolina in the United States. As a leader in the global personal computer market, Lenovo develops, manufactures and sells the most reliable, secure and easy-to-use technology products and high-quality professional services to help global customers and partners succeed. According to the 2008 Global Top 500 list published by Fortune magazine, Lenovo Group, the world's fourth largest computer manufacturer, appeared on the list for the first time, ranking 499th, with annual revenue of US$16.788 billion. In today's increasingly fierce technological competition, Lenovo Group continues to increase its investment in R&D technology and the establishment of R&D systems. At present, a secondary R&D system has been established with Lenovo Research Institute as the leader. On August 27, 2002, the Lenovo Shenteng 1800 computer, independently developed by Lenovo with a speed of 1.027 trillion operations per second, passed the appraisal of an expert group including 6 academicians; in 2003, Lenovo won the bid for the 863 National Network The master node of the grid successfully developed the "Shenteng 6800" supercomputer with a speed of more than four trillion operations per second, and was released by the Ministry of Science and Technology as a major special project result of the National 863 Program. In the ranking of the world's top 500 supercomputers (TOP500) announced on November 16, 2003, the "Shenzhen 6800" ranked 14th in the world in terms of computing speed. This is also the best performance achieved by Chinese supercomputers in this ranking so far. score. In December 2002, the first Legend World (Lenovo Technology Innovation Conference) was held grandly in Beijing. Lenovo officially launched the "Related Application Strategy" and used it as the company's technical vision and layout, laying the foundation for Lenovo's development and take-off in the new century. Base. On July 31, 2003, Lenovo Tech Show 2003 successfully launched in the "Pearl of the Orient" Shanghai. The tour has visited more than 30 key cities across the country, spreading Lenovo's technology and innovation throughout China, setting off a technology trend across the country that focuses on technology, exchanges and sharing. In fiscal year 2002 (April 1, 2002 to March 31, 2003), Lenovo Group applied for 572 national patents, of which invention patents accounted for more than 50%. It was awarded the National Enterprise Technology Innovation and Innovation Award by the State Intellectual Property Office. The enterprise with the most intellectual property rights has initially formed a core technology system with independent intellectual property rights.

In September 2002, Lenovo won the "National Quality Management Award" for its advanced quality management awareness and excellent quality management level. It was the only IT company among the six award-winning units. Lenovo, which is committed to technological innovation and service transformation, is also at the forefront of national companies in the field of quality management. In April 2003, Lenovo Group officially announced the launch of the group's new logo "Lenovo" in Beijing, replacing the original English logo "Legend" with "Lenovo" and registering it globally. Domestically, Lenovo will continue to use the "English + Chinese" logo; overseas, it will use the English logo alone. Lenovo has built a modern production base in Beijing, Shanghai and Huiyang, Guangdong, producing desktop computers, servers, notebook computers, printers, PDAs, motherboards and other products, with an annual production capacity of 5 million units (computers); at the same time, in Xiamen It has a large-scale mobile phone production base. Among the top 100 listed companies in China announced by Fortune magazine in September 2002, Lenovo Group ranked sixth; at the end of 2003, as one of the "most valuable brands in China", the "Lenovo" brand ranked fourth, with a brand value of Reaching RMB 26.805 billion; in January 2003, Lenovo won the "Best-Managed Companies" and "Best Investor Relations" awards in the 11th "Best-Managed Companies" selection by Asia Money ", "Best Financial Management" and all other selections. [Edit this paragraph] Company History In 1981, IBM envisioned developing computing power at a new level—the personal level—in order to extend the potential and productivity of information technology from mainframes to people's homes and jobs. On August 12, 1981, IBM officially released the first PC in history, and mankind entered the personal computer era. In 1992, a legendary and resounding brand-ThinkPad was born! For 26 years, the IBM Personal Computer Division has continued to develop and innovate in the field of personal computing. Among them, ThinkVantage Technology (TVT), an important supporting part of Think strategy, plays an important role. The goal of TVT technology is to enable PC products under the Think brand to have the capabilities of self-monitoring, self-configuration, self-optimization and self-recovery, thereby minimizing users' total PC ownership costs and ultimately helping customers win business success. In 1984, in the east of the world, 10 Chinese computer science and technology personnel led by Liu Chuanzhi forward-lookingly realized that PCs would definitely change people's work and life. With a start-up capital of 200,000 yuan ($25,000) and a firm determination to transform R&D results into successful products, these 11 researchers started their business in a rented communication room in Beijing. The young company was named " "Legend" (legend, meaning legend in English). During the company's development, Lenovo has been brave in innovation and achieved many major technological breakthroughs, including the successful development of Lenovo's Chinese card that can translate the English operating system into Chinese, the development of a personal computer that can surf the Internet with one click, and in 2003 , launched completely innovative related application technology, thereby establishing Lenovo's important position in the 3C era. With these technologically leading personal computer products, Lenovo has reached the top of China's IT industry. In 2004, Lenovo had occupied the top position in China's market share for eight consecutive years. When Lenovo (HK-0992) was founded in Hong Kong in 1988, it already knew that there were many Legend companies in the market, but Lenovo did not expect that it would be so large now. When Lenovo entered the international market, "Legend" actually became a stumbling block, and Lenovo changed its name to "Legend". "Lenovo" has become the first step to enter the international market, symbolizing Lenovo's journey from "legend" to "innovation". When Lenovo planned to develop internationally in 2001, it found that "Legend" had become a stumbling block to overseas expansion. Li Lan, Assistant President of Lenovo Group, said that the name "Legend" has been registered in almost all countries in Europe, and the registration scope covers various fields such as computers, food, and automobiles.

When interpreting this new letter combination, Lenovo President Yang Yuanqing said that "novo" is a Latin root, representing "new meaning", "le" is taken from the original "Legend", inheriting the meaning of "legend", and the whole word means "innovation" association". The report pointed out that when building a empire, one needs to create a "legend", and if one wants to build a lasting business, one must continue to "innovate." From Legend to Lenovo, during the process of changing the brand logo, Liu Chuanzhi was particularly satisfied with the coincidence in the transformation of the logo's meaning. Today, these two companies with the same dream have joined forces under the name Lenovo. Lenovo completed the acquisition of IBM's Personal Computer Division in May 2005, which marked that the new Lenovo will become the leader in the global personal computer market with annual revenue of approximately US$13 billion, serving corporate customers and individual customers around the world. [Edit this paragraph] Lenovo's major events On November 1, 1984, 11 people founded Lenovo with 200,000 yuan. At that time, it was named: New Technology Development Company of the Institute of Computing Technology, Chinese Academy of Sciences. In 1985, the first Hanka product with Lenovo function, the Lenovo Hanka, was launched, from which the brand name Lenovo came. Hong Kong Lenovo opened on June 23, 1988. New Technology Development Corporation, Daoyuan Company and China Technology Transfer Corporation jointly founded Hong Kong Lenovo and adopted the English name: Legend. For the first time, Lenovo was used as a company name. Lenovo Group was established in November 1989, the first time that Lenovo was used as the name of a company and group in China. Lenovo Computer was launched in 1990 and Lenovo began to produce and supply Lenovo brand personal computers. Lenovo's shares were listed in Hong Kong on February 14, 1994, making the Lenovo brand debut in overseas financial markets for the first time. In 1996, Lenovo surpassed foreign brands for the first time and ranked first in the domestic market in market share, and has remained at the top of the list for 6 consecutive years. In 1999, Lenovo Computer topped the list of PC sales in the Asia-Pacific market with a market share of 8.5%. On April 1, 2001, Lenovo Group implemented asset reorganization and spin-off listing. In August 2002, Lenovo successfully launched the teraflop computer, becoming the first high-performance computer in China with a measured speed exceeding a teraflop. From December 3rd to 7th, 2002, the LEGEND WORLD 2002 Technology Innovation Conference was successfully held, marking that Lenovo has made substantial progress in product technology. In 2004, Lenovo Group changed its English name to Lenovo Group Limited and became a global partner of the International Olympic Committee. On December 8, 2004, Lenovo Group and IBM signed an agreement to acquire IBM's personal computer division. On August 10, 2005, Lenovo Group announced its first quarter results for 2005. During the period, it achieved a net profit of HK$357 million. This was the first time Lenovo included this business in its quarterly financial report after acquiring IBM's global PC business. [Edit this paragraph] Adhering to the tradition of innovation and pursuit of excellence, Lenovo's innovative spirit and IBM's PC Division's tradition of constantly seeking breakthroughs have been continued in today's Lenovo. The new Lenovo is a globally competitive IT giant. Globally, Lenovo offers customers award-winning ThinkPad laptops and ThinkCentre desktops, equipped with ThinkVantage Technologies software tools, ThinkVision monitors and a range of PC accessories and options. In China, Lenovo's personal computer products have a market share of 35.2% (Q2/FY2007, IDC data). With its leading technology, easy-to-use functions, personalized design and diversified solutions, it is widely welcomed by Chinese users. Lenovo has maintained its No. 1 ranking in China for 10 consecutive years. Lenovo also has a rich product line for the Chinese market, including mobile handheld devices, servers, peripherals and digital products. [Edit this paragraph] Numerous R&D talents Lenovo Group is a highly innovative high-tech company. Adhering to the tradition of independent innovation and pursuit of excellence, Lenovo continues to invest in technology research and development in key user application areas. Lenovo brings the latest research and development results from the laboratory to the market, transforming them into productivity and improving people's work and life.

Lenovo Group has established a global R&D structure with three major R&D bases in Beijing, China, Tokyo, Japan, and Raleigh, the United States. In mainland China, Lenovo also has four major R&D institutions in Beijing, Shenzhen, Shanghai, and Chengdu. Lenovo has made important contributions to the advancement of global PC technology. Lenovo Group has first-class R&D talents, including many world-class technical experts, who have won hundreds of technology and design awards, hold more than 2,000 patents, and created many industry firsts. The ultimate goal of Lenovo's R&D team is to improve the overall experience for PC owners while reducing the total cost of ownership. [Edit this paragraph] Global Citizen Lenovo is committed to becoming a responsible and active corporate citizen, continuously improving operations and contributing to social development. Lenovo firmly believes that enterprises are an important part of society and is committed to working with employees and local communities to improve the quality of people's work and life. In 2003, at the peak of the SARS epidemic in China, Lenovo donated money to support the prevention of this disease. In addition, Lenovo employees also actively donated money. In 2005, Lenovo donated money to countries affected by the tsunami in South Asia. Lenovo also actively supports China's sports and fitness industry. In 1999, Lenovo sponsored the Chinese national women's football team, and two years later, it sponsored Beijing's successful bid to host the 2008 Olympic Games. In 2004, Lenovo signed a contract to become the first global partner of the International Olympic Committee from China. [Edit this paragraph] Global Partner of the International Olympic Committee On March 26, 2004, Lenovo Group became the first Chinese company to sign a cooperation agreement with the International Olympic Committee and became a global partner of the International Olympic Committee. Within four years from 2005 to 2008, Lenovo Group exclusively provided desktop computers, notebooks, servers, desktop printers and other computing products for the 2006 Turin Winter Olympics and the 2008 Beijing Olympics, as well as Olympic committees and Olympic delegations in more than 200 countries and regions around the world. Technical equipment and financial and technical support. In February 2006, at the 20th Winter Olympics in Turin, Lenovo provided nearly 5,000 desktop computers, more than 600 laptops, nearly 400 servers, 1,600 desktop printers, as well as technical support and services. After 17 days of the Winter Olympics, , 2 large-scale previews, 16 test competitions, and more than 100 simulation tests, Lenovo has always performed consistently. Especially during the Winter Olympics, all IT products provided by Lenovo achieved "zero-fault" operation without exception, winning high trust and praise from the International Olympic Committee and the Turin Olympic Organizing Committee. On June 12, 2007, Lenovo officially delivered 3,547 devices to the Beijing Olympic Organizing Committee. Together with the 4,691 previously delivered devices, Lenovo has delivered a total of 8,238 devices. These Lenovo products support all "Good Luck Beijing Sports Events" including the Qingdao International Regatta. In February 2008, Lenovo will deliver 7,000 pieces of equipment to the Olympic Organizing Committee for the fourth time to serve the Beijing Olympic Games, and will eventually provide more than 15,000 pieces of high-quality computing technology equipment. By then, 500 highly qualified Lenovo engineers will also work with other partners to provide strong information security for the Beijing Olympics.