Reporter: Legend Holdings Hong-yi’s recent investment in joint Zoomlion today the acquisition of Italian machinery manufacturers of concrete CIFA100% of the shares.

Lenovo Holdings in Hunan Province plans to invest there?

Liu: We recently in Hunan, two are under negotiation with the publishing and media-related projects, is not convenient to disclose the specific situation.

Reporter: For now at the initial stage of the development of high-tech industries in Hunan, what is your recommendation?

Liu Chuanzhi: Hunan for the upper and lower speed up the development of a strong desire, I would like to Hunan from the fine analysis of why the Department of scientific research institutions, research results can not be translated into products and productivity. The solution of this problem, the government must investigate thoroughly and not to stay on the surface and slogans.

Reporter: At present, the university’s venture capital is the biggest bottleneck for individuals and small and medium enterprises of venture capital financing, do you have any good suggestions?

Liu Chuanzhi: small venture capital, there are three main sources of support for a government, just like the vice mayor said the Government to set up venture funds and enriching the people; second, private and semi-private funds, I have recently come into contact with the “China Youth Career Development International” (YBC), as they venture to provide 50,000 yuan for a small venture capital, it is also equipped with professional business consultants to solve business problems encountered; Third, if you see a project did not start-up capital May be necessary to mobilize people around to borrow money from friends and family of.(from rednet)

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• Liu experience on entrepreneurship: 140,000 yuan had been deceived (0)

He is president of Legend Holdings Ltd. Liu Chuanzhi.

Now think of holding the hearts of the people has become a national brand: At present, Lenovo Holdings involved in IT investment, real estate, such as the three major sectors. Under the jurisdiction of the Lenovo Group, Digital 5, and other subsidiaries. In 2007, Legend Holdings 146,600,000,000 yuan of business revenue, as of the end of last year, Legend Holdings Limited, the total assets 68,157,000,000 yuan, turned over a total revenue of various countries 10,480,000,000 yuan.

This afternoon, he Changsha in an interview, said his business experience.

In the mid-1980s, the Chinese Academy of Sciences began the reform and development. At that time, many Western enterprises in scientific research into the product, the Chinese Academy of Sciences has come up with 200,000 yuan invested enterprises. Liu was only a technical researchers, he jumped out to take over the large living, “I was on the run enterprises are full of confidence.” He said.

Unexpectedly, the hands of only 200,000 got cheated on a couple of months. Liu and his colleagues are relying on technology to do born to the acceptance of other people’s machines do, and lectures around, do maintenance, and finally accumulated under 900,000 yuan, Lenovo was born.

From the very beginning of the procurement, research and development, sales do anything, then follow the market demand required for the production of customer products, Lenovo gradually become stronger. All have been professional, deceived many, but also giving top priority today, here tomorrow, there had been deceived been deceived and fooled not only slowly.

Liu said that in the 1980s, people in the West were to open a computer language. We have to join the software can use Chinese characters. “Why is the company called Lenovo? Is the Chinese out, a Lenovo PC features, and later we called the Legend.” He told the history of Lenovo.

Liu believes that in addition to Lenovo taxes to the government, there are a lot of special contributions. Today, many Chinese scientific research institutes, many of the scientific research results into productive forces can not, think of this road is taking a pass. Behind a large number of enterprises have to learn to do, has done very well

“The Changsha Zoomlion also go to this (the industrialization of research results) road, doing an extremely good job.” He said.

In 2006, Lenovo has dominated the country in the first place. Liu believed that Lenovo was a familiar reason: the success of the computer is the cost. Computer hardware is done, the display. Due to technological advances, such as CPU, from time to time a new memory chip will come out, the old devaluation immediately, the price of this product will be a sudden change. If the chip back to the procurement, due to a variety of reasons, computer equipment was slow, slow-selling market, a long time, the prices of accessories, computer on the value of the price. At that time, associate research on how to better control the logistics problems that must study the market and do a good job of accurate market forecasts.(From Red Net)

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Correlation Log

• Liu Chuanzhi: Lenovo is the wind for negotiations with the publication of the media project (1)