LEGENDHOLDING Shares Surge Over 11% in Morning Trading on Strong Annual Profit Forecast

Deep News03-05

LEGENDHOLDING (03396) saw its shares rise 10.92% in morning trading, currently priced at HK$9.75, with a turnover of HK$73.0279 million.

The company issued an announcement projecting that the group's net profit attributable to equity holders for the current fiscal year (ending December 31, 2025) will be no less than RMB 900 million. This compares to a net profit of RMB 133 million attributable to equity holders for the 2024 fiscal year. According to the board, the improvement in annual performance compared to 2024 is primarily due to the company's industry incubation and investment segment benefiting from a recovery in the capital markets, resulting in a year-on-year reduction in business losses.

It is understood that through multi-level and systematic technological innovation, LEGENDHOLDING has established a deep presence in the artificial intelligence sector. Notably, Lenovo Group, under LEGENDHOLDING, has positioned its AI business as a core growth driver, achieving global leadership in PCs, high-performance computers, and ranking third globally in servers. It has also launched a comprehensive super intelligent agent matrix, which has become a standard feature in its AI PCs and other smart terminal products. Furthermore, member companies such as Liaoning Kinggorund New Materials and Fullhan Microelectronics are fully advancing AI-enabled business development, further accelerating the adoption of AI across various industries.

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