What is the relationship between Legend Holdings and Lenovo Group?

Relationship between subsidiary and parent company. Lenovo Group is a subsidiary of Legend Holdings, which can probably be understood as the relationship between the subsidiary and the parent company. Legend Holdings is the parent company of Lenovo Group, and its business includes not only Lenovo's PC, mobile phone and server, but also strategic investment businesses such as finance, innovative consumption and services, agriculture and food, advanced manufacturing and professional services, as well as financial investment businesses such as angel investment, venture capital and equity investment. At the same time, Lenovo Group is in the financial report of Legend Holdings, so the two companies are not the same. Lenovo Group is the IT section of Legend Holdings, and its main business is Lenovo's personal computer business, smart device business and data center business. Legend Holdings is the holding parent company of Lenovo Group, which literally means the parent company holding a certain proportion of shares of Lenovo Group, and Lenovo Group is a holding subsidiary.

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The difference between Legend Holdings and Lenovo Group.

1. Different scales: Lenovo Group is a subsidiary of Legend Holdings, which also includes CAR Inc and Lacarra, a leading Internet financial service company in China, Baibo Dental, the largest private dental service chain brand in China, and Wojia Xinrongmao, the largest fruit industry chain company in China.

Second, the business scope is different: Lenovo Group mainly deals in desktop computers, servers, notebook computers, smart TVs, printers, palmtop computers, motherboards, mobile phones, all-in-one machines and other commodities. The business scope of Legend Holdings also includes: project investment, investment management, asset management, economic and trade consulting, enterprise management consulting and other businesses.

Third, the time to market is different:

1. Lenovo Group was listed on the Hong Kong Stock Exchange 1994, and Legend Holdings was listed at the end of June 20 15.

2. Legend Holdings Limited was established in 1 October19841kloc-0/9, with its registered place at Floor 654381,Building 2, Academy of Sciences South Road, Haidian District, Beijing, and its legal representative is Ning _. On September/0/0, 2020, the list of the top 500 private enterprises in China in 2020 was released, and Legend Holdings Co., Ltd. ranked seventh, with an operating income of 3892/0/8.26 million yuan. Project investment; Investment management; Asset management; Economic and trade consultation; Investment consulting; Enterprise management consulting; Technology development, technology transfer and technology popularization; Real estate development; Property management; Sales of chemical products (excluding dangerous chemicals and a class of precursor chemicals) and mineral products; Import and export of goods, technologies and agents; Computer system services; Data processing.