Legend Holdings Shares Surge Over 9% on Strong Annual Profit Outlook and AI Expansion

Stock News03-05

Legend Holdings (03396) rose more than 9%, climbing 9.44% to HK$9.61 by the time of writing, with a turnover of HK$41.68 million. The company announced that it expects net profit attributable to equity holders for the current fiscal year (ending December 31, 2025) to be no less than RMB 900 million, compared to RMB 133 million in the 2024 fiscal year. According to the board, the improved performance is mainly due to reduced losses in the industrial incubation and investment segment, benefiting from a recovery in capital markets. The company has established a deep presence in the artificial intelligence sector through multi-level systematic technological innovation. Its subsidiary, Lenovo Group, has positioned AI business as a core growth driver, achieving global leadership in PCs and high-performance computing, along with a third-place global ranking 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 devices. Other portfolio companies, such as Liaoning Kinggorp New Materials and Fullhan Microelectronics, are also advancing AI integration to accelerate adoption across various industries.

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