HK Stock Market Move | LEGENDHOLDING(03396) rose more than 9%, expected annual net profit attributable to shareholders to increase by no less than 900 million yuan year-on-year, and has deeply positioned itself in the field of AI.
Lenovo Group (03396) surges over 9%, as of the deadline, it rose 9.44% to HK$9.61, with a turnover of HK$41,676,700.
LEGENDHOLDING (03396) rose more than 9%, as of the time of publication, it had risen 9.44% to HK$9.61, with a turnover of HK$41.67 million.
On the news side, LEGENDHOLDING issued an announcement, expecting the net profit attributable to equity holders of the company for the current year (ending December 31, 2025) to be no less than RMB 900 million (the net profit attributable to equity holders of the company for the year 2024 was RMB 133 million). According to the directors, the improvement in performance this year compared to 2024 was mainly due to the benefits received by the company's incubation and investment sector from the recovery of the capital market, resulting in a decrease in business losses year-on-year.
It is understood that through a multi-level systematic approach to technological innovation, LEGENDHOLDING has made a deep foray into the field of artificial intelligence. In particular, LENOVO GROUP, a subsidiary of LEGENDHOLDING, has made AI business its core growth driver, achieving global first in PC, global first in high-performance computing, and global third in servers, and has released a super smart body matrix covering all scenarios, becoming a standard feature for its AI PC and other intelligent terminal products. In addition, member companies such as Levima Advanced Materials Corporation and Shanghai Fullhan Microelectronics are also fully promoting the development of AI empowerment business, further accelerating the landing of AI in various industries.
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