Lenovo is not listed in Chinese mainland, but listed in Hong Kong with stock code 1994 (stock number 992), which is a constituent stock of Hong Kong Hang Seng Index. The current price is HK$ 6.5, with a total market value of HK$ 65 billion. The public holds 56.93%, Legend Holdings holds 42.35% and the directors hold 0.7%. However, there have been rumors recently that both Lenovo and Mobile have applied to return to the A-share market. Although Lenovo is not listed in China, Lenovo has a well-known Xinqiao investment group in China and TPG capital in 2006 through equity swap internationally.
Lenovo Group is divided into two global headquarters. 1 is Lenovo China Building, and the global administrative headquarters of Lenovo Group is located in China. The second is Lenovo International, a temporary headquarters just established in new york when China Lenovo Group acquired IBM's global PC business in 2004. China, Beijing, Lenovo China Building, Lenovo Group is the real global administrative headquarters of Lenovo Group.
After China Lenovo Group acquired IBM's global PC business in 2004, it set up two main operation centers in Beijing, China and Raleigh, North Carolina, USA. Through Lenovo's own sales organization, Lenovo's business partners and the alliance with IBM, the new Lenovo's sales network is all over the world. Lenovo has more than 27,000 employees worldwide. R&D centers are located in Beijing, Shenzhen, Xiamen, Chengdu and Shanghai in China, Tokyo in Japan and Raleigh in North Carolina.
Xiaomi has always positioned itself as a company, proving to the market that Xiaomi mobile phone is only a drainage product used by Xiaomi, and then gaining a good reputation in Xiaomi, and then forming a Xiaomi business model through eco-chain products and products. Lenovo has no such cycle. By selling computers in Lenovo to form fans, and then selling other Lenovo products through the fan economy, Lenovo seems to have no clue, so Lenovo can only give an assembly plant a market value.
Of course, another reason is that the current situation of Lenovo's mobile phone market is unclear, while the PC market continues to decline, which shows that PC is a sunset industry, and mobile phones will play a huge role in the future mobile Internet era, even with the entry of Internet products such as the Internet of Things and computers. Lenovo's performance is not good, with a loss of 72 million in the first quarter of this year; The three major businesses, such as computers, mobile phones and servers, showed weak performance. At the same time, Lenovo's R&D expenses are declining and its sales expenses are rising.