Many people compare Huawei with Lenovo, saying that Lenovo has the opportunity to become another Huawei. However, we must not forget that computers and telecommunications equipment are two different markets, and how can Huaxia's computer chips be designed and manufactured? You must know that the international environment in the 90s was different from now, and VIA, which was founded by the founder of Wanwan HTC, once acquired the third and fourth largest enterprises in the X86 chip market, and after investing a lot of money, it quickly disappeared in the consumer market. The technological advantage of Wanwan enterprises is so great or has it failed, only Lenovo without technology in the market really has the possibility of success? Don't deceive yourself!

If Lenovo had taken the path of Huawei, and Huawei, which was weak at that time, had no way out, what would it do, and what would be the benefit to Huaxia's development in the field of science and technology? Besides, Lenovo was not a failure, but it just did not reach the height that everyone expected. In 2018, Legend Holdings' revenue reached 358.9 billion soft sister coins, that is, more than 50 billion US dollars, while Baixin only exceeded 100 billion soft girl coins in 2018. Of course, the profit margins of the two sides are not the same, with Baixin's profit margin exceeding 25 percent, and Lenovo's profit margin only a few percent.

As for Li Guangnan, who has contradictions with Liu Chuanzhi, this is a scientific and technological worker, not an entrepreneur, he may have all kinds of beautiful ideas, but he is ignorant of the world and has been used several times (the Ark chip incident), which is a good proof. If he is allowed to preside over Lenovo's work, hehe...... How long Lenovo will live is unknown. There were many computer companies in the same period of Lenovo, such as Tsinghua Tongfang and Peking University Founder, which of them got less resources than Lenovo, why is it that only Lenovo has today, Liu Chuanzhi and Yang Yuanqing really have no credit? With the brand, if there is technology, or at least Lenovo's mobile phone will compete later, it will not be down-and-out later, which makes people constantly question.

Lenovo launched a smartphone called Le Phone in 2010, which was actually quite good among similar products in China at that time. But Lenovo doesn't have Internet thinking,Le Phone itself still has a lot of defects,I don't want to improve through product iteration,I don't want to optimize the hardware better,On the contrary, there is some self-defeating meaning,Product positioning is not accurate,The price continues to dive...... Under the impact of the husk nuts, there was soon no later.

Lenovo has become the first in the industry in the global PC market at this time, and Liu Chuanzhi has just stepped down as chairman of Lenovo Group, retaining the identity of chairman of Lenovo Holdings. As the most influential entrepreneur of the older generation in China, Zhou Shi wants him to be the chairman of Time, which is really brain-opening, and most people really think that this is a deliberate humiliation of him. Fortunately, Zhou Shi's age is here, and most of the time he shows the temperament of many idealists, and the two have known each other for a long time, which can be regarded as a year-old friend.

"You join Legend Holdings, and I join Time Holdings. Liu Chuanzhi finally gave such an answer.

Legend Holdings is a particularly special company...... Well, I can't think of any good words, involved in finance, modern services, agriculture, wine, logistics, chemicals, energy and minerals and other industries, the business scope covers IT (Lenovo Group, Digital China), real estate (Rongke), financial services (Zhengqi, Hankou Bank, Lianbao, Lakala, Suzhou Trust), modern services (Baibo Dental, Gain Logistics, Essence Yihe Pension, China Car Rental), agriculture and food (Jiawo, Fenglian Baijiu), chemical and energy materials (Lianhong, Xingheng Power), financial investment (Lenovo Star, Legend Capital, Hony Capital), etc. It should be said that it is a large PE similar to Blackstone, such a company, hey! Zhou Shi is very embarrassed. Although Legend Holdings only holds about 30% of the shares of Lenovo Group, he likes to consolidate the statements of Lenovo Group, so he has an operating income of 358.9 billion soft sister coins, of which 330.8 billion soft sister coins belong to Lenovo Group.

This kind of large-scale PE enterprise, Zhou Shi is not nothing, Sixiang Fund is much stronger than Legend Holdings, his major shareholder is the Chinese Academy of Sciences, Liu Control's joint Zhiyuan (can be seen as Lenovo Trade Union) and Oceanwide Lu Zhiqiang, he is not interested in transforming such a company. However, what should Liu Chuanzhi do when he joins Time Holdings? Or join Legend Holdings but not participate in the development of Legend Holdings?

At this time, Zhou Shi was a member of the board of directors of Amazon, Yahoo, Guoke, Disney, and Netflix. But he's about to step down from Amazon's board of directors, and he's going to stay in Silicon Valley for a long time, so what's the point of joining Lenovo?

"You're among the top in the world when it comes to internet and investment, and Lenovo needs your help. Liu Chuanzhi

MD, isn't this just about using his wisdom to help Lenovo make money?

But this is nothing, Zhou Shi needs Liu Chuanzhi's help, and it is not impossible to pull Legend Holdings. So he agreed to Liu Chuanzhi and asked for a copy of Legend Holdings' information to come back and study it carefully.

"Liu Chuanzhi is old and wants to make money, but he doesn't have the courage!" Wei He said unkindly, but Liu Chuanzhi owns about 3% of the shares of Legend Holdings and is also a billionaire.

"There are no particularly promising ...... in these industries that they are involved in"

"It can't be said that Legend Holdings may seek stability, unlike me, it may be very successful or it may be very successful. Zhou Shi, his investment focus is mainly on finance, semiconductors, advanced manufacturing, Internet, other real estate, automobiles, etc. Most of these industries are capital and technology-intensive, and the risks are high.

"What are we going to do for Lenovo?" Wei He

"Just take a look and make some adjustments. "Zhou Shi, MD, an entrepreneur doing PE, this is a historical regression, this is no different from an entrepreneur chasing female stars, no wonder the association didn't work later! Fortunately, he didn't expect Liu Chuanzhi to make money for himself, but to deal with the various complex relationships that Time Holdings may face. Just like Zhou Shi asked Carly Fiorina to be the CEO of Guoke, otherwise the US market may have accusations such as information security, with that old woman, this old woman who can run for governor and has rich network resources, Guoke can have a lot less trouble in Europe and the United States, and can stand on the same starting line with other competitors and focus on production and operation.

"Then change them, IT services, financial services (banks, trusts, venture capital, Lakala, etc.), agriculture and food (Joyvio), innovative services (pension, logistics, etc.) will be retained, and other real estate, chemical and energy materials will be cut ......" Wei He

"It seems to be very good, let's add biomedicine again!" Zhou Shi remembered CSPC Pharmaceutical Group, let's let Lenovo keep it!

(End of chapter)