Movement Alert|LEGENDHOLDING Rises 3.26% in Regular Trading, Sustained Profit Recovery and Core Asset Momentum Continue to Drive Gains

Market Focus
09/21

On September 21, LEGENDHOLDING rose 3.26% in regular trading, trading at HKD 23.1/share, with turnover of HKD 71.41 million. The stock extended its recent rally, building on strong momentum from earlier sessions.

The continued upward move is underpinned by robust H1 results and strengthening core asset fundamentals. LEGENDHOLDING reported H1 revenue of RMB 362.94 billion, up 29% year-over-year, with attributable net profit surging 219% to RMB 2.23 billion. Excluding one-off items, adjusted attributable net profit reached RMB 5.81 billion, representing an 834% year-over-year increase. The turnaround in the industrial incubation and investment segment, driven by capital market recovery, was a key contributor.

Core asset Lenovo Group delivered a breakout quarter, with Q2 x86 server shipments reaching 286,000 units — up 45.6% year-over-year — ranking first globally for the first time. Infrastructure solutions revenue hit RMB 96.7 billion, up 62%, with AI server order backlog reaching USD 54 billion. Subsidiary Lianho New Materials also posted H1 attributable profit growth of 165.68%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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