Legend : CHANGE OF CHAIRMAN OF THE BOARD PROPOSED APPOINTMENT OF DIRECTORS RE-DESIGNATION OF DIRECTORS CHANGE OF PRESIDENT CHANGE OF SUPERVISOR ESTABLISHMENT OF THE STRATEGY COMMITTEE UNDER THE BOARD PROPOSED AMENDMENTS TO ARTICLES OF ASSOCIATION

December 18, 2019 at 05:31 am EST

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

聯想控股股份有限公司

Legend Holdings Corporation

(A joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 03396)

CHANGE OF CHAIRMAN OF THE BOARD

PROPOSED APPOINTMENT OF DIRECTORS

RE-DESIGNATION OF DIRECTORS

CHANGE OF PRESIDENT

CHANGE OF SUPERVISOR

ESTABLISHMENT OF THE STRATEGY COMMITTEE UNDER THE BOARD

PROPOSED AMENDMENTS TO ARTICLES OF ASSOCIATION

The Board of the Company hereby announces that :

Mr. LIU Chuanzhi, the Chairman of the Board, has submitted a written resignation to resign as the Chairman of the second session of the Board, the Executive Director and the Chairman of the Nomination Committee in accordance with the predesignated plan of the Company with effect from the end of December 31, 2019. The Board is pleased to honor Mr. LIU with the title of "Honorary Chairman of the Board" of the Company, and has entered into a consultancy agreement with Mr. LIU to engage Mr. LIU as a senior advisor of the Company;
The Board has elected Mr. NING Min, an Executive Director, as the successor of the Chairman of the second session of the Board and the Chairman of the Nomination Committee with effect from January 1, 2020;
The following resolutions regarding the appointment of Directors of the second session of the Board has been approved by the Board to be proposed at the EGM for the Shareholders to consider:
1. To appoint Mr. LI Peng as an Executive Director of the Company;
2. To appoint Mr. WANG Yusuo as a Non-executive Director of the Company; and
3. To appoint Mr. YIN Jian'an as an Independent Non-executive Director of the Company;

- 1 -

Mr. ZHU Linan will be redesignated from an Executive Director to a Non-executive Director of the Company and he will cease to serve as the President of the Company with effect from January 1, 2020;
Mr. ZHAO John Huan will be redesignated from an Executive Director to a Non-executive Director of the Company and he will cease to serve as an Executive Vice President of the Company with effect from January 1, 2020;
Upon the nomination by Mr. NING Min (who will serve as the Chairman of the Board from January 1, 2020), the Board has resolved the appointment of Mr. LI Peng as the President of the Company (which will be renamed as the Chief Executive Officer, if the proposed amendments to the Articles of Association of the Company are approved by the Shareholders at the forthcoming EGM), with effect from January 1, 2020;
Mr. GAO Qiang was elected as a Supervisor on behalf of the employees of the Company at the meeting of the representatives of the employees, and was unanimously voted in favour by the members of the current Board of Supervisors to replace Mr. LI Qin as the Chairman of the Board of Supervisors of the Company with effect from January 1, 2020. Mr. LI Qin has resigned his position as the Supervisor on behalf of the employees and the Chairman of the Board of Supervisors with effect from the end of December 31, 2019;
The Strategy Committee was established by the Board on December 18, 2019; and
With the proposed amendments to the Articles of Association of the Company approved by the Board (for details, please refer to the appendix to this announcement), the proposed amendments will become effective subject to the approval by the Shareholders by way of passing a special resolution at the EGM.

RESIGNATION OF THE CHAIRMAN OF THE BOARD

The Board of the Company hereby announces that, Mr. LIU Chuanzhi ("Mr. LIU"), the Chairman of the Board, has submitted a written resignation to the Board on December 18, 2019. Mr. LIU resigns as the Chairman of the second session of the Board, the Executive Director and the Chairman of the Nomination Committee in accordance with the predesignated plan of the Company with effect from the end of December 31, 2019. The Board is pleased to honor Mr. LIU with the title of "Honorary Chairman of the Board" upon Mr. LIU's resignation.

- 2 -

Mr. LIU is both the founder and guiding force of the Company. He has led the Company to build the vision "serve the country with industrialization" with his distinctive foresight and perseverance. The Company continues to expand its global footprint and put forth relentless efforts to cultivate new talents, and has therefore developed a business layout that covers strategic and financial investments as well as the markets in the PRC and overseas. During this 35-year journey, Mr. LIU has pressed ahead with developing the corporate institutions and mechanisms, summarizing the management theory and building corporate culture. All these contributions have generated a profound influence on the long-standing development of the Company. At the same time, Mr. LIU advocates the commercial civilization in earnest and fulfills the corporate social responsibility. He is committed to passing down the spirit of "be a good person, do good deeds, and set a good example to society" from generation to generation in Legend. Beyond all the aforementioned, Mr. LIU has promoted China's innovative transition towards an information- based society through Legend's practice. Therefore, serving as the "Pioneer of Science and Technology Industrialization" 「( 科技產業化的先行者」), he was accredited with the honorable title "Reform Pioneer"「( 改革先鋒」) awarded by the Central Committee of the Communist Party of China and the State Council. Mr. LIU has also led Legend to gain the upper hand in facing fierce competition from international players in the domestic market. Applying strategies such as investments and mergers and acquisitions, the Company has succeeded in expanding overseas footprint, and accumulated valuable experience for Chinese companies to "go global". Mr. LIU has successfully implemented the shareholding reform of enterprise and also blazed a trail of institutional reform for high-tech enterprises under scientific research institutes in China. Mr. LIU keeps close sight on studying the corporate management, summarizing and proposing the "three elements of Legend-style leadership", providing helpful references to many other companies. The Board wishes to express its sincere respect and gratitude to Mr. LIU for his contributions.

According to the relevant laws and regulations, such as the Company Law of the People's Republic of China, and the Articles of Association of the Company, the resignation of Mr. LIU will not result in the number of members of the Board falling below the quorum. Mr. LIU has confirmed that he has no disagreement with the Board, and there is no matter relating to his resignation that needs to be brought to the attention of the Shareholders.

Mr. LIU was appointed as a senior advisor of the Company in accordance with the predesignated plan of the Company. On December 18, 2019, the Company entered into a consultancy services agreement ("Consultancy Agreement") with Mr. LIU, and engaged Mr. LIU as a senior advisor of the Company. He shall, at the request of the Board from time to time, provide advice and recommendations on major decisions of the Company, its subsidiaries and member companies, provide advice and guidance on management to the core executive team of the Company (including but not limited to consultation on strategy, cultural development, resource allocation, market expansion, investment and disposal of projects, etc.), as well as serve as member of special committee(s) of the Board and attend internal and external activities with authorization, and support the sustainable development of the Company with his superior strategic vision, excellent industry insight, profound management experience and extensive social influence. The Consultancy Agreement takes effect from January 1, 2020 for a term of one year, and it can be automatically renewed upon expiry for not more than two years. Having considered the advice of the Remuneration Committee, the Board is of the view that the Consultancy Agreement has been entered into on normal commercial terms, and such terms are fair and reasonable and are in the interests of the Company and its Shareholders as a whole.

- 3 -

Mr. LIU is a connected person of the Company under Chapter 14A of the Listing Rules of the Hong Kong Stock Exchange, and thus the entering into of the Consultancy Agreement constitutes a continuing connected transaction of the Company. As all the applicable percentage ratios calculated based on the aggregate amount of relevant fees for such services were less than 0.1%, the entering into of the Consultancy Agreement is fully exempted from the shareholders' approval, annual reviews and all disclosure requirements under Chapter 14A of the Listing Rules.

As at the date of this announcement, Mr. LIU holds 73,600,000 H shares of the Company (including, amongst which, 1,900,000 restricted shares and 3,700,000 share options granted under 2019 Share Incentive Plan) (representing approximately 5.78% of the total issued H shares of the Company and 3.12% of the total issued shares of the Company). Mr. LIU has an aggregate of 4,184,960 underlying shares of Lenovo (including, amongst which, 3,494,960 shares directly held and 690,000 shares held by his spouse through a trust) (representing approximately 0.03% of the total issued shares of that company). Save as disclosed above, Mr. LIU does not have or is not deemed to have any interests in any securities or underlying securities of the Company within the meaning of Part XV of the SFO.

ELECTION OF THE NEW CHAIRMAN OF THE BOARD

Upon the recommendation made by the Nomination Committee according to the Company's succession plan and upon the approval by a resolution of the Board, the Executive Director of the Company Mr. NING Min ("Mr. NING") was elected as the successor to the Chairman of the second session of the Board, with effect from January 1, 2020. Mr. NING will cease to hold relevant senior managerial positions in the Company from the date he succeeds the Chairman of the Board.

Mr. NING, aged 50, joined the Company in 1991, and has served as a member of the Executive Committee and the Chief Financial Officer of Legend Holdings for a long time, during which he was fully responsible for the Company's financial and fund management, risk control and auditing, as well as the affairs of capital markets and public relations, etc. He was in charge of the operation and management of financial investment business of Legend Holdings, and played an important role in formulating corporate strategy, business development, organization construction, etc. During his tenure as the Chief Financial Officer, he has had outstanding performance in areas such as fund and financial management and capital market operations, including leading Legend Holdings to complete its listing and become the first pilot enterprise of H-share full circulation program. He has also contributed great value to the Company when he oversaw the Company's financial investments, leading to the rapid progress of Legend Capital, Hony Capital and Legend Star as well as the direct investment business of the Company. Mr. NING also serves as a director of Legend Capital, Hony Capital, Legend Star, EAL, Joyvio Group and Levima Advanced Materials and several other companies. Mr. NING held various positions as Assistant to President, Assistant President and Secretary of the Board, Vice President, Senior Vice President and Chief Financial Officer, and Executive Director of Legend Holdings. Mr. NING obtained his bachelor's degree in economics from Renmin University of China (中國人民大學).

- 4 -

Mr. NING is currently a director of Xi'an Shaangu Power Co., Ltd. (西安陝鼓動力股份有限公司) and Beijing Electronics Zone Investment and Development Co., Ltd. (北京電子城投資開發集團股份有限公司) (both listed on the Shanghai Stock Exchange). He was previously a non- executive director of China Glass Holdings Limited (listed on the Hong Kong Stock Exchange) during the period from June 2011 to February 2015.

Mr. NING entered into a new director service contract with the Company regarding his appointment as the Chairman of the Board and Executive Director of the Company, for a service term commencing from January 1, 2020 and ending on the conclusion of the annual general meeting at which the third session of the Board will be elected. Shareholders have approved and authorized the Board (after taking into account the recommendations of the Remuneration Committee of the Board) to determine the remuneration of the directors of the second session of the Board at the 2017 annual general meeting. Therefore, the Board will determine Mr. NING's annual remuneration, mid-to-long-term incentives and benefits according to Mr. NING's new duties and responsibilities, the business performance and the remuneration policy of the Company, remuneration levels of comparable companies, the prevailing market conditions and with reference to the recommendations of the Remuneration Committee of the Board.

As at the date of this announcement, Mr. NING holds 38,900,000 H shares of the Company (including, amongst which, 1,000,000 restricted shares and 1,900,000 share options granted under 2019 Share Incentive Plan) within the meaning of Part XV of the SFO (representing approximately 3.05% of the total issued H shares of the Company and 1.65% of the total issued shares of the Company). Mr. NING holds 1,370,401 shares of Lenovo (representing approximately 0.01% of the total issued shares of that company). Save as disclosed above, Mr. NING does not have or is not deemed to have any interests in any securities or underlying securities of the Company within the meaning of Part XV of the SFO.

Save as disclosed above, Mr. NING has confirmed that (i) he is not connected to any director, supervisor, senior management or substantial shareholder of the Company; (ii) there is no matter relating to his appointment as the Chairman of the Board that is required to be brought to the attention of the Shareholders of the Company; and (iii) he has not held any directorship in any other listed company in the past three years. As at the date of this announcement, there is no other information relating to the appointment of Mr. NING that is required to be disclosed pursuant to any requirements of Rule 13.51(2) of the Listing Rules, nor any information relating to the appointment of Mr. NING that is required to be brought to the attention of the Shareholders.

PROPOSED APPOINTMENT OF DIRECTORS

Upon recommendations made by the Nomination Committee and upon approval by resolutions of the Board, the Board nominated (i) Mr. LI Peng as an Executive Director of the second session of the Board; (ii) Mr. WANG Yusuo as an Non-executive Director of the second session of the Board; and (iii) Mr. YIN Jian'an as an Independent Non-executive Director of the second session of the Board (collectively the "Candidates for New Directors").

- 5 -

The ordinary resolutions (the "Resolutions") regarding the above proposed appointment of the Candidates for New Directors will be proposed at the EGM to be considered respectively. The Board is of the view that the Resolutions are in the interests of the Company and its Shareholders as a whole and recommends the Shareholders to vote for the Resolutions.

The Company will enter into a director service contract with the respective Candidates for New Directors, with terms of office commencing from the date of passing the Resolutions and ending on the conclusion of the annual general meeting at which the third session of the Board will be elected. Shareholders have approved and authorized the Board (after taking into consideration the recommendations of the Remuneration Committee of the Board) to determine the remuneration of the directors of the second session of the Board at the 2017 annual general meeting. Therefore, the Board will determine the remuneration (if any) of the Candidates for New Directors according to their duties and responsibilities, the business performance and the remuneration policy of the Company, the remuneration levels of comparable companies, the prevailing market conditions and with reference to the advice of the Remuneration Committee.

The biographical details and other information of the Candidates for New Directors are as follows:

Proposed candidate for the Executive Director:
Mr. LI Peng ("Mr. LI"), aged 48, joined the Company in 2003. As a member of the Executive Committee, Mr. LI has long engaged himself in the strategic investments business and post-investment management of the Company. At the preliminary phase of the Company's strategic investments business, he participated in the formulation and implementation of investment strategies, and was responsible for the investment in and management on diversified sectors, including the successful optimization of the Company's real estate business. The financial services business landscape is full-fledged under his leadership of financial services and overseas investments. He has also set up a team specialized in overseas investment. With his international perspective and professional knowledge, Mr. LI led his team and completed the acquisition of BIL, building a new pillar asset as an outstanding contribution to the healthy development and value enhancement of the Company. Mr. LI is also responsible for the domestic and overseas financing business of the Company. Mr. LI is currently a director of Lakala (listed on the Shenzhen Stock Exchange), and the Vice Chairman of BIL, a director of Zhengqi Financial and Kaola Technology, etc. Mr. LI acted in succession as General Manager of the Investment Management Department, Director of Strategic Investments, Assistant President, Vice President, and Senior Vice President of the Company.
Mr. LI obtained his bachelor's degree in International Finance from the University of International Business and Economics (對外經濟貿易大學) and received a master's degree in business administration from the New Hampshire State University (新罕佈什爾州立大學) in the United States. Previously to joining Legend Holdings, he served in Sinotrans (中國對外貿易運輸總公司) and Teradyne Connection Systems.

- 6 -

As at the date of this announcement, Mr. LI holds 3,444,100 H shares of the Company (including 544,100 restricted shares granted under 2016 Restricted Share Incentive Plan, 1,000,000 restricted shares and 1,900,000 share options granted under 2019 Share Incentive Plan) (representing approximately 0.27% of the total issued H shares of the Company and 0.14% of the total issued shares of the Company), within the meaning of Part XV of the SFO.

Save as disclosed above, Mr. LI does not have or is not deemed to have any interests in any securities or underlying securities of the Company within the meaning of Part XV of the SFO.

Proposed candidate for the Non-executive Director:
Mr. WANG Yusuo ("Mr. WANG"), aged 56, has over 30 years of experience in investment and management of clean energy business in the PRC. Mr. WANG is currently the founder, the Chairman of the Board, Executive Director and the Chairman of the Nomination Committee of ENN Energy Holdings Limited (listed on the Hong Kong Stock Exchange), the Chairman of ENN Ecological Holdings Co., Ltd. (listed on the Shanghai Stock Exchange) and a Director of ENC Data Technology Co., Ltd (listed on the Shanghai Stock Exchange) where he served as the Chairman between December 2010 to May 2018 and a director of EGII. Mr. WANG obtained his doctor's degree in Enterprise Management from Tianjing University of Finance and Economics (天津財經大學) in 2007.
EGII, the controlled corporation of Mr. WANG, holds 54,090,000 H shares of the Company (representing approximately 4.25% of the total issued H shares of the Company and 2.29% of the total issued shares of the Company). Mr. WANG is deemed to hold 54,090,000 H Shares through EGII under the provisions of Divisions 2 and 3 of Part XV of the SFO.
Save as disclosed above, Mr. Wang does not have or is not deemed to have any interests in any securities or underlying securities of the Company within the meaning of Part XV of the SFO.
Proposed candidate for the Independent Non-executive Director:
Mr. YIN Jian'an ("Mr. YIN"), aged 62, joined Xi'an Shaangu Power Co., Ltd. (listed on the Shanghai Stock Exchange) in May 2001 and served as the Chairman from May 2001 to August 2017. Mr. YIN served as the Chairman of Shaanxi Blower (Group) Co., Ltd. (陝西鼓風機(集團)有限公司) from May 2001 to June 2017, as the Chairman of Shaanxi Qin Feng Gases Technology (陝西秦風氣體股份有限公司) from November 2012 to July 2015, as President of Shaangu Power and Automation Engineering Academy (陝鼓能源動力與自動化工程研究院) from August 2008 to August 2017. Mr. YIN obtained his doctor's degree and master's degree in Fluid Mechanics from Zhejiang University (浙江大學) in 2004 and 1992, respectively.
Mr. YIN has managed and participated various foundation research and development for state key projects, among which, over 30 results of the technology projects were awarded, and achieved the second prize of National Science and Technology Progress Award twice. Two articles, namely "A High-end Operation and Management of System Integrator and Service Provider Transformed from Product Producer" and "Supply Chain Financing Service Management Led by Manufacturing Companies", which were written by Mr. YIN, received the first prize of National Corporate Management Modernization and Innovation Achievements (企業管理現代化創新成果) of 12th session and 14th session respectively.
- 7 -

As at the date of this announcement, Mr. YIN does not have or is not deemed to have any interests in any securities or underlying securities of the Company within the meaning of Part XV of the SFO.

Save as disclosed above, the aforesaid Candidates for New Directors have confirmed that they

are not connected to any director, supervisor, senior management or substantial shareholder of the Company; and (ii) have not held any directorship in any other listed company in the past three years. As at the date of this announcement, there is no other information relating to the appointment of the Candidates for New Directors that is required to be disclosed under Rule 13.51(2) of the Listing Rules, nor any information relating to the appointment of Candidates for New Directors that is required to be brought to the attention of the Shareholders.

REDESIGNATED FROM AN EXECUTIVE DIRECTOR TO A NON-EXECUTIVE DIRECTOR

In accordance with the predesignated plan of the Company, the Board has approved Mr. ZHU Linan ("Mr. ZHU") to be redesignated from an Executive Director to a Non-executive Director of the Company, and he will cease to serve as the President of the Company with effect from January 1, 2020.
Mr. ZHU has confirmed that he has no disagreement with the Board, nor is there any matter relating to the redesignation of Director or the change of President that is required to be brought to the attention of the Shareholders of the Company.
Mr. ZHU, aged 57, was appointed as an Executive Director and the President of the Company on February 18, 2014, the date of the Company changed to a joint stock limited liability company. Mr. ZHU joined Legend Holdings in 2001 and served consecutively as a Director and Executive Vice President, Director and President. Mr. ZHU first joined the Company's subsidiary in 1989 and served as the General Manager of Shenzhen Legend Computer Co., Ltd. (深圳聯想電腦有限公司). From 1997 to 2001, he joined Lenovo and served consecutively as General Manager of Business Development Department, Head of Corporate Planning Office, Assistant President, Vice President and Senior Vice President. He was a founder of Legend Investment Limited (聯想投資有限公司), the predecessor of Legend Capital Co., Ltd. (君聯資本管理股份有限公司) in 2001 and served as President and Managing Director, and served as the Chairman since 2015. In addition, Mr. ZHU holds directorships and senior management positions in various member companies of Legend Holdings. Mr. ZHU is currently a non-executive director of Lenovo and CAR (both listed on the Hong Kong Stock Exchange).
As at the date of this announcement, Mr. ZHU holds 53,400,000 H shares of the Company (including 1,800,000 restricted shares and 3,600,000 share options granted under 2019 Share Incentive Plan) within the meaning of Part XV of the SFO (representing approximately 4.19% of the total issued H shares of the Company and 2.26% of the total issued shares of the Company). Mr. ZHU has an aggregate of 6,155,780 underlying shares of Lenovo (representing approximately 0.05% of the total issued shares of that company). Save as disclosed above, Mr. ZHU does not have or is not deemed to have any interests in any securities or underlying securities of the Company within the meaning of Part XV of the SFO.
- 8 -

Mr. ZHU is the main leader who promoted and implemented the key strategic transformations and upgrading of the Company. With his profound understanding and extensive experience of corporate operations and investments, he has led Legend Holdings to creatively build the unique "Two-Wheel-Drive" business model featuring "strategic investments + financial investments". He has promoted the constant development of the Company's strategy and businesses and has accumulated resources of talents, organization, investment and post-investment management. The Board wishes to express sincere respect and gratitude to Mr. ZHU for his contributions.

In accordance with the predesignated plan of the Company, the Board has approved Mr. ZHAO John Huan ("Mr. ZHAO") to be redesignated from an Executive Director to a Non- executive Director of the Company and he will cease to serve as Executive Vice President of the Company, with effect from January 1, 2020.
Mr. ZHAO has confirmed that he has no disagreement with the Board, nor is there any matter relating to the his redesignation that is required to be brought to the attention of the Shareholders of the Company.
Mr. ZHAO, aged 56, was appointed as an Executive Director and Executive Vice President of the Company on February 18, 2014, the date of the Company changed to a joint stock limited liability company. Mr. ZHAO joined Legend Holdings in 2003 when he founded Hony Capital. From 2003 to 2011, he served consecutively as Executive Vice President, Senior Vice President, and a Director and Senior Vice President of Legend Holdings Limited, the predecessor of the Company. Mr. ZHAO is currently the Chairman of Hony Capital.
Mr. ZHAO has extensive experiences in corporate management and held senior management positions at several companies in the United States and the PRC. From 2002 to 2003, Mr. ZHAO was the advisor to chief executive officer of Lenovo. Prior to joining Legend Holdings, he also served as the research & development director and senior manager of Shure Brothers, Inc., vice president of US Robotics Inc. (listed on NASDAQ Stock Market), chairman of the board and president of Vadem, Inc., chairman of the board and president of
Infolio Inc. and a managing partner and chief executive officer of eGarden Ventures, Ltd.
Mr. ZHAO is currently a non-executive director of Lenovo and a non-executive director of China Glass Holdings Limited, the chairman of the board, chief executive officer and executive director of Best Food Holding Company Limited and the chairman of the board and non-executive director of Hospital Corporation, and the chairman of the board of directors and executive director of Goldstream Investment Limited (all listed on the Hong Kong Stock Exchange), the director of Shanghai Jin Jiang International Hotels Development Co., Ltd. and ENN Ecological Holdings Co., Ltd. (both listed on the Shanghai Stock Exchange) and a non-executive director of Zoomlion Heavy Industry Science & Technology Development Co., Ltd. (listed on the Hong Kong and Shenzhen Stock Exchanges). He previously served as the chairman of the board of China Glass Holdings Limited (listed on the Hong Kong Stock Exchange), a director of New China Life Insurance Company Ltd., Chinasoft International Limited and CSPC Pharmaceutical Group Limited (all listed on the Hong Kong Stock Exchange), the vice chairman of Shanghai Chengtou Holding Co., Ltd. (上海城投控股股份有限公司) and the vice chairman and director of Shanghai Environmental Group Co., Ltd. (both listed on the Shanghai Stock Exchange) and a director of Fiat Industrial S.p.A. (listed on MTA Italian Stock Exchange).
- 9 -

Mr. ZHAO obtained his bachelor's degree in science from Nanjing University in China in 1984 and a master of electronic engineering and science degree from Northern Illinois University in the United States in 1990 and a master of business administration degree from the J.L. Kellogg Graduate School of Management at Northwestern University in the United States in 1996.

As at the date of this announcement, Mr. ZHAO holds 1,800,000 H shares of the Company (including 600,000 restricted shares and 1,200,000 share options granted under 2019 Share Incentive Plan) within the meaning of Part XV of the SFO (representing approximately 0.14% of the total issued H shares of the Company and 0.07% of the total issued shares of the Company). Mr. ZHAO has an aggregate of 5,009,195 underlying shares of Lenovo (representing approximately 0.04% of the total issued shares of that company). Save as disclosed above, Mr. ZHAO does not have and is not deemed to have any interests in any securities or underlying securities of the Company within the meaning of Part XV of the SFO.

The Board wishes to express sincere respect and gratitude to Mr. ZHAO for his contributions.

Save as disclosed above, Mr. ZHU and Mr. ZHAO have confirmed that they (i) are not connected to any director, supervisor, senior management or substantial shareholder of the Company; and

have not held any directorships in any other listed company in the past three years. As at the date of this announcement, there is no other information relating to the redesignation of Executive Directors and the change of President that is required to be disclosed under any requirements set out in Rule 13.51(2) of the Listing Rules, nor are there other matters that are required to be brought to the attention of the Shareholders of the Company.

Mr. ZHU and Mr. ZHAO have respectively entered into a new director service contract regarding their appointments as Non-executive Directors with the Company, for a service term commencing from January 1, 2010 and ending on the conclusion of the annual general meeting at which the third session of the Board will be elected. Shareholders have approved and authorized the Board (after taking into account the recommendations of the Remuneration Committee of the Board) to determine the remuneration of the directors of the second session of the Board at the 2017 annual general meeting. Therefore, the Board will determine Mr. ZHU and Mr. ZHAO's annual remuneration (if any) according to their new duties and responsibilities, the business performance and the remuneration policy of the Company, the remuneration levels of comparable companies, the prevailing market conditions and with reference to the advice of the Remuneration Committee of the Board.

CHANGE OF PRESIDENT

Upon the nomination of Mr. NING (who will serve as the Chairman of the Board from January 1, 2020), the Board has resolved the appointment of Mr. LI as the President of the Company (which will be renamed as Chief Executive Officer if the proposed amendments to the Articles of Association of the Company are approved by the Shareholders at the forthcoming EGM (please see below and appendix of this announcement for details)), with effect from January 1, 2020.

- 10 -

CHANGE OF SUPERVISOR

Mr. GAO Qiang was elected as a Supervisor on behalf of the employees of the Company at the meeting of the representative of the employees, and was unanimously voted in favour by the members of the current Board of Supervisors to replace Mr. LI Qin as the Chairman of the Board of Supervisors, with effect from January 1, 2020, and will hold office until the conclusion of the annual general meeting at which the third session of the Board of Supervisors will be elected. Mr. LI Qin has resigned his positions as the Supervisor on behalf of the employees and the Chairman of the Board of Supervisors, with effect from the end of December 31, 2019. The Board of Supervisors wishes to express sincere respect and gratitude to Mr. LI Qin for his contributions.

Mr. GAO Qiang ("Mr. GAO"), aged 51, currently the Dean of the Management Institute of the Company, the Deputy Secretary to the Communist Party Committee, and Vice Chairman of the Trade Union. He is fully responsible for the corporate culture work, daily management of the communist party office and trade union of the Company. Mr. GAO joined Legend Holdings in 2006 and he has successively served as the Deputy General Manager of the Public Relations Department, General Manager of the Human Resources Department, and Executive Dean of the Management Institute. Mr. GAO obtained an MBA degree from CEIBS (中歐國際工商學院) in 2016. As at the date of this announcement, Mr. GAO has no interests or is not deemed to have any interests in any securities or underlying securities of the Company within the meaning of Part XV of the SFO. Mr. GAO has confirmed that he (i) is not connected to any director, supervisor, senior management or substantial shareholder of the Company ; and (ii) has not held any directorship in any other listed company in the past three years. As at the date of this announcement, there is no other information relating to the appointment of Mr. GAO that is required to be disclosed under any requirements set out in Rule 13.51(2) of the Listing Rules, nor is there any information relating to the appointment of Mr. GAO that is required to be brought to the attention of the Shareholders.

The Shareholders have authorized and approved the Board (after taking into account the recommendations of the Remuneration Committee of the Board) to determine the remuneration of the supervisors of the second session of the Board of Supervisors at the 2017 annual general meeting. Therefore, the Board will determine Mr. GAO's remuneration (if any) according to his duties and responsibilities, the remuneration policy of the Company and with reference to the recommendations from the Remuneration Committee.

ESTABLISHMENT OF THE STRATEGY COMMITTEE UNDER THE BOARD

In order to cope with strategic development needs of the Company, the Board established the Strategy Committee on December 18, 2019. The Committee is mainly responsible for conducting research and review on the mid-to-long term development strategies and major investment decisions of the Company, so as to promote its scientific formulation of the Company's development plans, and to enhance its major strategic decision-making capabilities. The members of the Strategy Committee are Mr. NING (Chairman), Mr. LI (subject to his appointment being approved by the Shareholders at the EGM), Mr. LIU, Mr. ZHU and Mr. ZHAO. The working rules of the Strategy Committee will be posted on the website of the Company.

- 11 -

CHANGE OF THE MEMBERS OF THE BOARD COMMITTEES

Mr. NING will succeed the role of Chairman of the Nomination Committee with effect from January 1, 2020. Mr. MA Weihua has resigned his position as the Chairman of the Remuneration Committee of the Company with effect from February 13, 2020.

Subject to the appointments of the above Candidates for New Directors by the Shareholders at the forthcoming EGM being all approved , the Board (with reference to the recommendations of the Nomination Committee) will agree to appoint (i) Mr. WANG Yusuo and Mr. YIN Jian'an as members of the Nomination Committee of the Company; (ii) Mr. YIN Jian'an will take over the role of Chairman of the Remuneration Committee of the Company; and (iii) Mr. LI Peng will become a member of the Strategy Committee of the Company.

PROPOSED AMENDMENTS TO ARTICLES OF ASSOCIATION

The Board has approved the proposed amendments to Articles of Association of the Company ("Proposed Amendments"), details of which are set out in the appendix of this announcement.

Based on the following reasons and the actual circumstances of the Company, the main contents of the relevant terms of Articles of Association shall be amended accordingly:

In accordance with the Reply of the State Council on the Adjustment of the Notice Period of the General Meeting and Other Matters Applicable to the Overseas Listed Companies (Guo Han [2019] No.97) 《( 關於調整適用在境外上市公司召開股東大會通知期限等事項規定的批覆》(國函[2019]97號)), the requirements on the notice period of the general meetings and convening procedures for overseas listed companies shall be governed by the relevant provisions under the Company Law of the PRC, instead of the provisions under the Articles 20 to 22 of the Special Provisions of the State Council Concerning the Floatation and Listing Abroad of Stocks by Limited Stock Companies 《( 國務院關於股份有限公司境外募集股份及上市的特別規定》) issued in 1994 which required, among others, "When a company convenes a shareholders' general meeting, a written notice must be issued no later than 45 days before the meeting";
The sixth meeting of the Standing Committee of the Thirteenth National People's Congress reviewed and approved the revisions to Article 142 of the Company Law regarding repurchase by a company of its own shares, which supplements circumstances under which a company is allowed to repurchase its own shares. It is proposed to amend relevant provisions of the Articles of Association to reflect such revisions in the Company Law. In the event that the Company intends to repurchase H Shares, the Company will comply with the relevant Listing Rules, in particular Rule 10.06(5) of the Listing Rules, which provides that the listing status of all shares which are repurchased by the listing company shall be automatically cancelled upon repurchase and the listing company must apply for re-listing of any further issues of the same type of shares. The repurchase of H Shares is subject to the passing of a special resolution at the general meeting and the approval of H shareholders at class meeting; and

- 12 -

In order to secure sustainable and steady development of the Company, as well as optimize the governance structure, the Company intends to apply applicable adjustment of the above rules to amend the authority of the relevant governance body(s), as well as amend the title and scope for some of the senior management.

The independent legal adviser is of the opinion that, the Proposed Amendments to Articles of Association has complied with the laws of the PRC and requirements of the Listing Rules. The Board considers that the Proposed Amendments are in the interests of the Company and its Shareholders as a whole. The Proposed Amendment will take effect after being approved by the Shareholders by way of a special resolution at the forthcoming EGM.

DESPATCH OF CIRCULAR AND NOTICE OF EGM

A circular containing, amongst other things, biographical details of the Candidates for New Directors, details of the Proposed Amendments to Articles of Association and the Notice of EGM will be despatched by the Company to the Shareholders later.

By order of the Board

Legend Holdings Corporation

NING Min

Executive Director and Joint Company Secretary

Hong Kong, December 18, 2019

As at the date of this announcement, the Executive Directors of the Company are Mr. LIU Chuanzhi, Mr. ZHU Linan, Mr. ZHAO John Huan and Mr. NING Min; the Non-executive Directors of the Company are Mr. WU Lebin and Mr. SUO Jishuan; and the Independent Non-executive Directors of the Company are Mr. MA Weihua, Mr. ZHANG Xuebing and Ms. HAO Quan.

- 13 -

DEFINITIONS

In this announcement, unless the context requires otherwise, the following terms shall have the following meanings:

"2016 Restricted Share Incentive Plan" the 2016 restricted share incentive scheme of the Company approved by the Shareholders on June 2, 2016 (as further detailed in the circular of the Company dated April 15, 2016)

"2019 Share Incentive Plan"	the 2019 mid-term to long-term share incentive scheme of
	the Company approved by the Shareholders on June 13,
	2019 (as further detailed in the circular of the Company
	dated April 19, 2019)
"Articles of Association"	the Articles of Association of Legend Holdings
	Corporation
"BIL"	Banque International à Luxembourg S.A., a credit
	institution in the form of a Luxembourg limited liability
	company (société anonyme) and our subsidiary
"Board"	the board of directors of the Company
"CAR"	CAR Inc., a limited liability company incorporated under
	the laws of Hong Kong and listed on the Main Board of
	the Hong Kong Stock Exchange (Stock Code: 0699)
"Company" or "Legend Holdings"	Legend Holdings Corporation (聯想控股股份有限公司),
	a joint stock limited liability company incorporated under
	the laws of PRC and its overseas listed shares are listed
	on the Main Board of the Hong Kong Stock Exchange
	(Stock Code: 03396)
"EAL"	Eastern Air Logistics Co., Ltd. (東方航空物流股份有限
	公司), a joint stock limited liability company incorporated
	under the laws of the PRC, and our associate
"EGII"	ENN Group International Investment Limited, a company
	incorporated in the BVI with limited liability, which is
	beneficially owned as to 50% by Mr. Wang Yusuo and his
	spouse
"EGM"	the extraordinary general meeting of the Company
	scheduled to be held at B-17, Raycom Info Tech Park, No.
	2 Ke Xue Yuan South Road, Haidian District, Beijing, the
	PRC at 2:30 p.m. on Thursday, February 13, 2020

- 14 -

"H Share(s)"	share(s) in the share capital of the Company, which are
	listed on the Hong Kong Stock Exchange
"Hong Kong Stock Exchange"	The Stock Exchange of Hong Kong Limited
"Hony Capital"	a series of private equity investment funds, together with
	their respective management companies/general partner
"Joyvio Group"	Joyvio Group Co., Ltd. (佳沃集團有限公司), a limited
	liability company incorporated under the laws of the
	PRC, and our subsidiary
"Kaola Technology"	Tibet Kaola Science & Technology Development Co.,
	Ltd. (西藏考拉科技發展有限公司), a limited liability
	company incorporated under the laws of the PRC, and our
	subsidiary
"Lakala"	Lakala Payment Corporation (拉卡拉支付股份有限公
	司), a joint stock limited liability company incorporated
	under the laws of the PRC, and our associate, listed on the
	ChiNext Board of the Shenzhen Stock Exchange (A share
	stock code: 300773)
"Legend Capital"	a series of venture capital funds, together with their
	respective management companies/partners
"Legend Star"	a series of angel investment funds, together with their
	respective management companies/partners
"Lenovo"	Lenovo Group Limited (聯想集團有限公司), a limited
	liability company incorporated under the laws of Hong
	Kong and listed on the Main Board of the Hong Kong
	Stock Exchange (Stock Code: 992), and our subsidiary
"Levima Advanced Materials"	Levima Advanced Materials Corporation (聯泓新材
	料科技股份有限公司), a joint stock limited liability
	company incorporated under the laws of the PRC, and our
	subsidiary
"Listing Rules"	the Rules Governing the Listing of Securities on the Hong
	Kong Stock Exchange, as amended, supplemented or
	otherwise modified from time to time
"Nomination Committee"	Nomination Committee under the Board
"Remuneration Committee"	Remuneration Committee under the Board
"RMB"	Renminbi, the lawful currency of the PRC
	- 15 -

"SFO"	the Securities and Futures Ordinance (Chapter 571 of
	the laws of Hong Kong) as amended, supplemented or
	otherwise modified from time to time
"Shanghai Stock Exchange"	Shanghai Stock Exchange
"Share(s)"	share(s) of the Company
"Shareholder(s)"	holder(s) of Share(s) of the Company
"Shenzhen Stock Exchange"	Shenzhen Stock Exchange
"Strategy Committee"	Strategy Committee under the Board
"Zhengqi Financial"	Zhengqi Financial Holdings Corporation (正奇金融
	控股股份有限公司), a joint stock limited liability
	company incorporated under the laws of the PRC, and our
	subsidiary
"%"	per cent

- 16 -

APPENDIX

The terms used in this appendix have the same meanings as those defined in the Articles of Association of the Company approved and adopted by the Shareholders on December 27, 2018, unless the context requires otherwise.

A summary of the Proposed Amendments to the Articles of Association is set out as follows:

Comparative Table of the Amendments to the Articles of Association of Legend Holdings

No.	Articles Before Amendments	Articles After Amendments
1.	Article 9 "Senior management officers"	Article 9 "Senior management officers"
	referred to in the Articles of Association	referred to in the Articles of Association
	include the president, executive vice	include the chief executive officer,
	president, senior vice president, chief	executive vice president, senior vice
	financial officerand secretary to the	president, person in charge of finance,
	Board of Directors of the Company.	secretary to the Board of Directors and
		other senior management officers
		designated by the Board of Directorsof
		the Company.

2. Article 27 The Company may, in Article 27 The Company may, in

accordance with the provisions set out	accordance with the provisions set out
in the laws, administrative regulations,	in the laws, administrative regulations,
HKEx Listing Rules, departmental rules	HKEx Listing Rules, departmental rules
and the Articles of Association and subject	and the Articles of Association and subject
to the approval of the relevant governing	to the approval of the relevant governing
authorities of the PRC, repurchase its	authorities of the PRC, repurchase its
shares under the following circumstances:	shares under the following circumstances:
(1) cancellation of its shares for the	(1) cancellation of its shares for the
purpose of reducing its registered	purpose of reducing its registered
capital;	capital;
(2) merging with another company	(2) merging with another company
which holds the shares of the	which holds the shares of the
Company;	Company;

granting shares as incentive (3) where the Company acquires

compensation to the staff of the	its own shares for employee
Company;	stock ownership plans or equity
	incentives;
(4) acquiring the shares upon request (4)	acquiring the shares upon request
by shareholders who vote against	by shareholders who vote against
any resolution adopted at the	any resolution adopted at the
shareholders' general meeting	shareholders' general meeting
on the merger or demerger of the	on the merger or demerger of the
Company;	Company;
- 17 -

No.	Articles Before Amendments	Articles After Amendments
	(5) any other circumstances permitted	(5) where the Company acquires
	by the laws and administrative	its own shares to convert the
	regulations and approved by the	corporate bonds issued thereby
	governing authorities.	that are convertible to shares;
		(6) where the Company and needs to
		acquire its own shares to maintain
		its value and the rights and
		interests of shareholders;
		(7) any other circumstances permitted
		by the laws and administrative
		regulations and approved by the
		governing authorities.
3.	Article 28 The Company may, upon	Article 28 Where the Company obtains
	the approval of the relevant governing	approval of the relevant governing
	authorities of the PRC, repurchase its	authorities of the PRC to repurchase its
	shares in one of the following ways:	shares by reason of those circumstances
		mentioned in subparagraph (1), (2)
		or (4) of Article 27 of the Articles of
		Association, it may do so in one of the
		following ways:
	(1) making a pro rata general offer of	(1) making a pro rata general offer of
	repurchase to all its shareholders;	repurchase to all its shareholders;
	(2) repurchasing shares through public	(2) repurchasing shares through public
	trading on a stock exchange;	trading on a stock exchange;
	(3) repurchasing by an off-market	(3) repurchasing by an off-market
	agreement outside a stock exchange;	agreement outside a stock exchange;
	(4) any other circumstances permitted	(4) any other circumstances permitted
	by the laws and administrative	by the laws and administrative
	regulations and approved by the	regulations and approved by the
	governing authorities.	governing authorities.
		Where the Company repurchases its
		shares by reason of those circumstances
		mentioned in subparagraph (3), (5)
		or (6) of Article 27 of the Articles of
		Association, it shall do so through open
		and centralized transactions.

- 18 -

No.	Articles Before Amendments	Articles After Amendments
4.	Article 29 The Company must obtain	Article 29 The Company must obtain
	the prior approval of the shareholders'	the prior approval of the shareholders'
	general meeting, in the manner stipulated	general meeting, in the manner stipulated
	in the Articles of Association, before it	in the Articles of Association, before
	can repurchase shares by reason of	it can repurchase shares by reason
	those mentioned in subparagraphs	of those circumstances mentioned in
	(1) to (3) of Article 27 of the Articles	subparagraphs (1) or (2) of Article
	of Association, or repurchase shares	27 of the Articles of Association. A
	by means of an off-market agreement	resolution shall be passed at a meeting
	outside a stock exchange.The Company	of the Board of Directors attended by
	may, by obtaining the prior approval of	more than two thirds of the Directors,
	the shareholders' general meeting in the	before the Company can repurchase
	same manner, release or vary, or waive its	shares by reason of those circumstances
	rights under, an agreement which has been	mentioned in subparagraph (3), (5)
	so entered into.	or (6) of Article 27 of the Articles of
		Association.
		The Company must obtain the prior
		approval of the shareholders' general
		meeting, in the manner stipulated in
		the Articles of Association, before it
		can repurchase shares by means of
		an off-market agreement outside a
		stock exchange.The Company may,
		by obtaining the prior approval of the
		shareholders' general meeting in the same
		manner, release or vary, or waive its rights
		under, an agreement which has been so
		entered into.
	An agreement for the repurchase of	An agreement for the repurchase of
	shares referred to in the preceding	shares referred to in the preceding
	paragraph includes (without limitation) an	paragraph includes (without limitation) an
	agreement to become liable to repurchase	agreement to become liable to repurchase
	shares or an agreement to have the right to	shares or an agreement to have the right to
	repurchase shares.	repurchase shares.
	The Company shall not assign a contract	The Company shall not assign a contract
	for the repurchase of its shares or any	for the repurchase of its shares or any
	right contained in such agreement.	right contained in such agreement.
		If there are provisions to the contrary
		regarding matters related to the
		aforementioned share repurchases
		in laws, administrative regulations,
		departmental rules, the Articles of
		Association and the rules of the HK
		Stock Exchange, such provisions shall
		prevail.

- 19 -

No.	Articles Before Amendments	Articles After Amendments
5.	Article 31 Shares lawfully repurchased by	Article 31 Shares lawfully repurchased by
	the Company under subparagraph (1) of	the Company under subparagraph (1) of
	Article 27 herein shall be cancelled within	Article 27 herein shall be cancelled within
	ten days from the date of repurchase;	ten days from the date of repurchase;
	for those shares repurchased under	for those shares repurchased under
	subparagraphs (2) and (4) of Article 27	subparagraphs (2) and (4) of Article 27
	herein shall be transferred or cancelled	herein shall be transferred or cancelled
	within 6 months thereafter; and the	within 6 months thereafter; and the
	shares acquired by the Company in	shares acquired by the Company in
	accordance with subparagraph (3) of	accordance with subparagraph (3),
	Article 27 herein shall not exceed 5%	(5) or (6) of Article 27 herein shall not
	of the total issued share capital of the	exceed 10% of the total issued share
	Company, and the shares repurchased	capital of the Company, and the shares
	shall be transferred to the employees	repurchased shall be transferred
	within one year.	or cancelled within three years .
	After cancelling the repurchased shares	After cancelling the repurchased shares
	lawfully, the Company shall apply to the	lawfully, the Company shall apply to
	original companies registration authority	the original companies registration
	for registration of the change of its	authority for registration of the change
	registered capital and issue a relevant	of its registered capital and issue a
	announcement accordingly.	relevant announcement accordingly.
	The aggregate par value of the cancelled	T h e a g g r e g a t e p a r v a l u e o f t h e
	shares shall be deducted from the	cancelled shares shall be deducted
	Company's registered capital.	from the Company's registered capital.
6.	Article 48 No share transfer or exchange	Article 48 Where relevant laws and
	may be entered in the register of	regulations and the HKEx Listing
	shareholders within 30 days prior to the	Rules stipulate on the period of closure
	date of a shareholders' general meeting	of the register of shareholders prior
	or within 5 days before the record date	to a shareholders' general meeting or
	set by the Company for the purpose of	the reference date set by the Company
	distribution of dividends.	for the purpose of distribution of
		dividends, such provisions shall prevail.

- 20 -

No.	Articles Before Amendments	Articles After Amendments
7.	Article 55 ……		Article 55 ……
	(5) t h e	r i g h t	t o o b t a i n r e l e v a n t	(5) t h e	r i g h t	t o o b t a i n r e l e v a n t
	information in accordance with	information in accordance with
	the provisions of the Articles of	the provisions of the Articles of
	Association, including:	Association, including:
	1.	a copy of the Articles of	1.	a copy of the Articles of
		Association upon payment of		Association upon payment of
		a reasonable charge;		a reasonable charge;
	2.	the right to inspect and copy,	2.	the right to inspect and copy,
		s u b j e c t t o p a y m e n t o f a		s u b j e c t t o p a y m e n t o f a
		reasonable charge:		reasonable charge:
		(1) a copy of register of all		(1) a copy of register of all
			classes of shareholders;			classes of shareholders;
		(2)	personal particulars of		(2)	personal particulars of
			directors, supervisors,			directors, supervisors
			the president and other			and senior management
			senior management			officersof the Company;
			o f f i c e r so f t h e
			Company;	……
	……

- 21 -

No.	Articles Before Amendments	Articles After Amendments
8.	Article 60 The shareholders' general	Article 60 The shareholders' general
	meeting shall have the following functions	meeting shall have the following functions
	and powers:	and powers:
	(1) to decide the Company's operational	(1) to decide the Company's operational
	guidelines and investment schemes;	guidelines and investment schemes;

to elect and remove directors (2) to elect and remove directors

- 22 -

No.	Articles Before Amendments	Articles After Amendments
	(12)	to decide the engagement, re-	(12)	to decide the engagement, re-
		appointment or dismissal of the		appointment or dismissal of the
		accounting firms;		accounting firms;
	(13) to consider and approve the external	(13)	to consider and approve the external
		guarantees subject to the approval of		guarantees subject to the approval of
		the shareholders' general meeting;		the shareholders' general meeting;
	(14)	t o c o n s i d e r a n d a p p r o v e t h e	(14)	t o c o n s i d e r a n d a p p r o v e t h e
		purchase or disposal of material		purchase or disposal of material
		assets or provision of guarantee		assets or provision of guarantee
		by the Company within a year		by the Company within a year
		of a value exceeding 30% of the		of a value exceeding 30% of the
		Company's latest audited total		Company's latest audited total
		assets;		assets;
	(15)	to consider and approve the share	(15)	to consider and approve the share
		incentive plan;		incentive plan;
	(16)	to resolve on any other matters to	(16)	to resolve on the repurchase of
		be resolved thereby as required by		the Company's shares by reason
		laws, administrative regulations and		of those circumstances stipulated
		the Articles of Association;		in subparagraphs (1) and (2)
				of Article 27 of the Articles of
				Association;
	(17) to consider other matters as required	(17)	to resolve on any other matters to
		by the listing rules of the stock		be resolved thereby as required by
		exchange of the locality on which		laws, administrative regulations and
		the Company's shares are listed.		the Articles of Association;
	……		(18)	to consider other matters as required
				by the listing rules of the stock
				exchange of the locality on which
				the Company's shares are listed.
			……

- 23 -

No.	Articles Before Amendments	Articles After Amendments
9.	Article 61 ……	Article 61 ……
	If a director, the president or any other	If a director or senior management
	senior management officerviolates a	officerviolates a provision on the
	provision on the approval authority or	approval authority or consideration
	consideration procedure for the provision	procedure for the provision of external
	of external guarantees as specified in	g u a r a n t e e s a s s p e c i f i e d i n l a w s ,
	laws, administrative regulations or the	administrative regulations or the Articles
	Articles of Association, thereby causing	of Association, thereby causing the
	the Company to sustain a loss, he shall be	Company to sustain a loss, he shall be
	liable for damages and the Company may	liable for damages and the Company may
	institute a legal action against him or her	institute a legal action against him or her
	in accordance with the law.	in accordance with the law.
10.	Article 62 The Company shall not,	Article 62 The Company shall not,
	without the prior approval of the	without the prior approval of the
	shareholders' general meeting, enter into	shareholders' general meeting, enter
	any contract with any party (other than	into any contract with any party (other
	the directors, supervisors, president and	than the directors, supervisors and
	other senior management officers)	senior management officers) pursuant
	pursuant to which such party shall be in	to which such party shall be in charge
	charge of management of the whole or	of management of the whole or any
	any substantial part of the Company's	substantial part of the Company's
	business.	business.
11.	Article 66 To convene a shareholders'	Article 66 To convene an annual
	general meeting, the Company shall	general meeting, the Company shall
	give written notices 45 days before the	give notices 20 days before the date of
	date of meeting (including the date	meeting, informing each shareholder of
	of meeting), informing all registered	the matters proposed to be considered
	shareholders of the matters proposed	at the meeting and the date and
	to be considered at the meeting and	place of the meeting. To convene an
	the date and place of the meeting.	extraordinary general meeting, the
	Shareholders who will attend the	Company shall notify each shareholder
	meeting shall return the written replies	15 days before the date of meeting.
	of attendance to the Company 20 days
	before the date of the meeting.

- 24 -

- 25 -

No.	Articles Before Amendments	Articles After Amendments
12.	Article 67 The Company shall, based	Article 67 Matters not set out in the
	on the written replies received 20 days	notice referred to in Article 65 and
	before the date of the shareholders'	Article 66 of the Articles of Association
	general meeting, calculate the number	shall not be resolved at a shareholders'
	of shares with voting right represented	general meeting.
	by the shareholders who intend to
	attend the meeting. If the number of
	shares with voting rights represented
	by the shareholders who intend to
	attend the meeting reaches one half or
	more of the Company's total shares
	with voting rights, the Company may
	hold the shareholders' general meeting.
	Otherwise, the Company shall within
	5 days notify the shareholders, again
	by way of a public announcement, of
	the matters to be considered at, and the
	date and place of, the meeting. Once an
	announcement has been so made, the
	Company may then proceed to convene
	the general the meeting.
	An extraordinary general meeting shall
	not transact matters not stated in the
	notice of meeting.
13.	Article 68 Notice of a shareholders'	Article 68 Notice of a shareholders'
	general meeting shall:	general meeting shall:
	……	……
	(5) disclose the nature and extent of	(5) disclose the nature and extent of
	the material conflict of interest, if any, of	the material conflict of interest, if any,
	any director, supervisor, president and	of any director, supervisor and senior
	other senior management officerin the	management officerin the matters to be
	matters to be considered; and provide	considered; and provide an explanation of
	an explanation of the differences, if any,	the differences, if any, between the way in
	between the way in which the matter to	which the matter to be considered would
	be considered would affect such director,	affect such director, supervisor or senior
	supervisor, president or other senior	management officerin his/her capacity
	management officerin his/her capacity	as shareholders and the way in which such
	as shareholders and the way in which such	matter would affect other shareholders of
	matter would affect other shareholders of	the same class;
	the same class;	……
	……

- 26 -

No.	Articles Before Amendments	Articles After Amendments
14.	Article 84 All directors, supervisors, the	Article 84 All directors, supervisors and
	president and other senior management	senior management officersshall attend
	officersshall attend the shareholders'	the shareholders' general meeting as non-
	general meeting as non-voting participants	voting participants if being requested.
	if being requested . The directors,	The directors, supervisors and senior
	supervisors, president and other senior	management officerswho attend the
	management officerswho attend the	meeting or attend the meeting as non-
	meeting or attend the meeting as non-	voting participants shall make replies
	voting participants shall make replies	or explanation in respect of inquiries
	or explanation in respect of inquiries	of shareholders at the shareholders'
	of shareholders at the shareholders'	general meeting, except for those matters
	general meeting, except for those matters	in relation to business secrets of the
	in relation to business secrets of the	Company which cannot be made public.
	Company which cannot be made public.
15.	Article 95 In the event that the Company	Article 95 In the event that the Company
	convenes a class meeting, a written	convenes a class meeting, the notification
	notice shall be issued to shareholders	period for all shareholders for issuing
	whose names appear on the register	a written notice shall be the same as
	of shareholders of such class 45 days	that for issuing a written notice of a
	prior to the date of the class meeting,	meeting to be convened together with
	specifying the matters proposed to be	the class meeting. The written notice
	considered and the date and place of the	shall inform shareholders of the class
	meeting. The shareholders who intend	whose names appear on the register of
	to attend the meeting shall serve the	shareholders of the matters proposed
	written reply confirming his attendance	to be considered and the date and place
	at the class meeting to the Company 20	of the meeting. When calculating the
	days prior to the date of the meeting.	time limit, the date of meeting shall not be
	When calculating the time limit, the date	included.
	of meeting shall not be included.

- 27 -

No.	Articles Before Amendments	Articles After Amendments
	Where the number of shares carrying
	rights to vote at the meeting held by
	the shareholders intending to attend
	the meeting reaches half or more of
	the total number of shares of such
	class carrying rights to vote at the
	meeting, the Company may hold the
	class meeting based thereon. If it
	does not reach that percentage, the
	Company shall within 5 days notify
	the shareholders again, by way of
	public announcement, of the matters
	to be considered at, and the date
	and place for, the meeting. Once an
	announcement has been so made,
	the Company may convene the class
	meeting.
	If the listing rules of the stock
	exchange(s) on which the Company's
	s h a re s a re l i s t e d h a v e s p e c i f i c
	provisions, such provisions shall be
	complied with.
16.	Article 105	Article 105
	……	……
	T h e p r e s i d e n t o r o t h e r s e n i o r	A senior management officermay
	management officersmay concurrently	concurrently serve as a director, provided
	serve as a director, provided that the	that the aggregate number of the directors
	aggregate number of the directors who	who concurrently serve as senior
	concurrently serve as president or other	management officersshall not exceed
	senior management officersshall not	one half of the total number of directors of
	exceed one half of the total number of	the Company.
	directors of the Company.	……
	……

- 28 -

No.	Articles Before Amendments	Articles After Amendments
17.	Article 106 The Board of Directors shall	Article 106 The Board of Directors shall
	exercise the following functions and	exercise the following functions and
	powers:	powers:

to convene the shareholders' (1) to convene the shareholders'

general meeting, to propose at the	general meeting, to propose at the
shareholders' general meeting to	shareholders' general meeting to
pass the relevant matters and report	pass the relevant matters and report
its work to the shareholders' general	its work to the shareholders' general
meeting;	meeting;
(2) to implement the resolutions of the (2)	to implement the resolutions of the
shareholders' general meetings;	shareholders' general meetings;

to decide on the Company's (3) to decide on the Company's

	business plans and investment		m i d - t o - l o n g - t e r m b u s i n e s s
	plans;		development strategies;
(4)	to formulate the Company's annual	(4)	t o d e c i d e o n t h e C o m p a n y 's
	financial budgets and final accounts;		business plans and investment plans;
(5)	to formulate the Company's profit	(5)	to formulate the Company's annual
	distribution plan and plan for		financial budgets and final accounts;
	recovery of losses;
(6)	to formulate proposals for increases	(6)	to formulate the Company's profit
	or reductions of the Company's		distribution plan and plan for
	registered capital and proposals for		recovery of losses;
	the issue of corporate debentures or
	other securities and listing;
(7)	to formulate proposals for material	(7)	to formulate proposals for increases
	asset acquisition or disposal,		or reductions of the Company's
	repurchase of the Company's		registered capital and proposals for
	shares, and merger, demerger,		the issue of corporate debentures or
	dissolution or change of corporate		other securities and listing;
	form of the Company;
(8)	to decide on the establishment of the	(8)	to formulate proposals for material
	Company's internal management		asset acquisition or disposal, and
	structure;		merger, demerger, dissolution or
			change of corporate form of the
			Company;

- 29 -

No.	Articles Before Amendments	Articles After Amendments
	(9)	to appoint or dismiss the Company's	(9)	to formulate proposals for the
		president; and to appoint or		repurchase of the Company's
		dismiss other senior management		s h a r e s b y r e a s o n o f t h o s e
		officers, such as the executive vice		circumstances stipulated in
		president, the senior vice president		subparagraphs (1) and (2) of
		and the chief financial officer		Article 27 of the Articles of
		of the Company pursuant to the		Association;
		nominations of the president;
	(10)	to decide on the matters relating to	(10)	to resolve on the repurchase of
		the remuneration of the aforesaid		the Company's shares by reason
		senior management officers;		of those circumstances stipulated
				in subparagraph (3), (5) or (6)
				of Article 27 of the Articles of
				Association;
	(11)	to formulate the Company's basic	(11)	to decide on the establishment of the
		management system;		Company's internal management
				structure;
	(12)	t o f o r m u l a t e p r o p o s a l s f o r	(12)	to appoint or dismiss the Company's
		amendment to the Articles of		chief executive officer; and to
		Association;		appoint or dismiss other senior
				management officers, such as the
				executive vice president, the senior
				vice president and the person in
				charge of financeof the Company
				pursuant to the nominations of the
				chief executive officer; to appoint
				or dismiss core management
				officers as the Board of Directors
				sees fit;
	(13)	to decide on matters such as	(13)	to decide on the matters relating to
		investments, acquisition and		the remuneration of the aforesaid
		disposal of assets, financing and		senior management officers;
		connected transactions, etc. which
		require decisions to be made by the
		Board of Directors in accordance
		with the requirements of the HKEx
		Listing Rules;

- 30 -

No.	Articles Before Amendments	Articles After Amendments
	(14) to manage matters in relation to the	(14)	to formulate the Company's basic
		disclosure of information on the		management system;
		Company in accordance with the
		laws, regulations, the HKEx Listing
		Rules and the internal rules of the
		Company;
	(15)	to decide on other major affairs	(15)	t o f o r m u l a t e p r o p o s a l s f o r
		of the Company, save for matters		amendment to the Articles of
		to be resolved at shareholders'		Association;
		general meetings as required by the
		Company Law and the Articles of
		Association;
	(16)	to exercise other functions and	(16)	to decide on matters such as
		powers conferred by the laws and		investments, acquisition and
		regulations, the HKEx Listing		disposal of assets, financing and
		Rules, the Articles of Association or		connected transactions, etc. which
		the shareholders' general meetings;		require decisions to be made by the
				Board of Directors in accordance
				with the requirements of the HKEx
				Listing Rules;
			(17) to manage matters in relation to the
				disclosure of information on the
				Company in accordance with the
				laws, regulations, the HKEx Listing
				Rules and the internal rules of the
				Company;
			(18)	to decide on other major affairs
				of the Company, save for matters
				to be resolved at shareholders'
				general meetings as required by the
				Company Law and the Articles of
				Association;
			(19)	t o t h e e x t e n t p e r m i t t e d b y
				relevant laws and regulations and
				the Listing Rules of the HKEx,
				to authorize the chairman of the
				Board of Directors to consider
				and decide on key matters relating
				to the operation and management
				of the Company;

- 31 -

- 32 -

No.	Articles Before Amendments		Articles After Amendments
	(5) to exercise special disposal powers	(5)	to exercise special disposal powers
	which are in compliance with legal		which are in compliance with legal
	requirements and are in the interests		requirements and are in the interests
	of the Company on matters of the		of the Company on matters of the
	Company and provide post-event		Company and provide post-event
	reports to the Board of Directors		reports to the Board of Directors
	after such event occurs, in the event		after such event occurs, in the event
	of force majeure or an emergency in		of force majeure or an emergency in
	which it is impossible to convene a		which it is impossible to convene a
	board meeting;				board meeting;
	(6) to define the systems necessary	(6)	to define the systems necessary
	for the operation of the Board		for the operation of the Board
	of Directors, and coordinate its		of Directors, and coordinate its
	operation;				operation;
	(7) to hear regular and non-regular	(7)	to hear regular and non-regular
	performance reports from the		performance reports from the
	Company's senior management		Company's senior management
	officers, and to provide the Board of		officers, and to provide the Board of
	Directors with steering comments		Directors with steering comments
	on the implementation of board		on the implementation of board
	resolutions;				resolutions;
	(8) to nominate a candidate for the	(8)	to nominate a candidate for the chief
	presidentand the secretary to the		executive officerand the secretary
	Board of Directors of the Company;		to the Board of Directors of the
					Company;
	(9) to exercise any other functions	(9)	to consider and decide on key
	and powers conferred by laws,		matters relating to the operation
	r e g u l a t i o n s ,	t h e A r t i c l e s	o f		and management of the Company,
	A s s o c i a t i o n	o r t h e B o a r d	o f		according to the authorization of
	Directors.				the Board of Directors;
				(10)	to exercise any other functions
					and powers conferred by laws,
					r e g u l a t i o n s , t h e A r t i c l e s o f
					A s s o c i a t i o n o r t h e B o a r d o f
					Directors.

- 33 -

- 34 -

No.	Articles Before Amendments	Articles After Amendments
20.	Article 110 Notice shall be given to all	Article 110 Notice shall be given to
	directors, supervisors and the president	all directors, supervisors and the chief
	fourteen days prior to the regular board	executive officerfourteen days prior
	meetings, and a reasonable period prior	to the regular board meetings, and a
	to extraordinary board meetings. The	reasonable period prior to extraordinary
	responsible body of the Company shall	board meetings. The responsible body
	serve a written notice convening the	of the Company shall serve a written
	board meeting to each director, supervisor	notice convening the board meeting to
	and the presidentby hand, fax, express	each director, supervisor and the chief
	mail service or other means of electronic	executive officerby hand, fax, express
	communication. Notices that are not	mail service or other means of electronic
	served by hand shall be confirmed by	communication. Notices that are not
	telephone and record should be made	served by hand shall be confirmed by
	accordingly.	telephone and record should be made
	……	accordingly.
	……

21.	Article 117 The Board of Directors	Article 117 Where necessary, the
	s h a l l e s t a b l i s h t h r e e s p e c i a l	Board of Directors may establish
	committees, namely Audit Committee,	relevant special committees, the duties,
	R e m u n e r a t i o n C o m m i t t e e a n d	personnel composition and rules of
	Nomination Committee, and the	procedure of which shall be resolved
	duties, the personnel composition and	separately by the Board of Directors.
	rules of procedure of which shall be	These special committees are ad hoc
	resolved separately by the Board of	committees under the Board of Directors
	Directors. Where necessary, the Board	which provide advices or advisory
	of Directors may establish other special	opinions for the Board of Directors
	committees.These special committees	on material decisions. The special
	are ad hoc committees under the Board	committees shall not make any decision
	of Directors which provide advices	in the name of the Board of Directors.
	or advisory opinions for the Board of	However, the committees may exercise
	Directors on material decisions. The	decision-making power in respect of the
	special committees shall not make any	authorized matters in accordance with
	decision in the name of the Board of	a special power given by the Board of
	Directors. However, the committees may	Directors.
	exercise decision-making power in respect
	of the authorized matters in accordance
	with a special power given by the Board
	of Directors.
22.	Chapter 12 The Presidentand Other	Chapter 12 The Chief Executive Officer
	Senior Management Officers	and Other Senior Management Officers

- 35 -

No.	Articles Before Amendments	Articles After Amendments
23.	Article 121 The Company shall have one	Article 121 The Company shall have
	president, a number of executive vice	one chief executive officer, a number
	presidents and senior vice presidents, who	of executive vice presidents and senior
	shall be nominated by the president. A	vice presidents, who shall be nominated
	director may serve concurrently as the	by the chief executive officer. A director
	president, executive vice president,	may serve concurrently as senior
	senior vice president or other senior	management officers.
	management officers.
24.	Article 122 The president, executive	Article 122 Senior management officers
	vice president, senior vice president or	shall be appointed or removed by the
	other senior management officersshall	Board of Directors.
	be appointed or removed by the Board of
	Directors.
25.	Article 123 The presidentshall be	Article 123 The chief executive officer
	accountable to the Board of Directors	shall be accountable to the Board of
	and exercise the following functions and	Directors and exercise the following
	powers:	functions and powers:
	(1) to be in charge of the Company's	(1) to be in charge of the Company's
	p r o d u c t i o n , o p e r a t i o n a n d	p r o d u c t i o n , o p e r a t i o n a n d
	management and report to the Board	management and report to the Board
	of Directors;	of Directors;
	(2) to organize the implementation	(2) to organize the implementation
	of the resolutions of the Board of	of the resolutions of the Board of
	Directors, the Company's annual	Directors, the Company's annual
	business plans and investment plans;	business plans and investment plans;
	(3) to draft the Company's annual	(3) to draft the Company's annual
	financial budget plans and final	financial budget plans and final
	accounts, and to put forward the	accounts, and to put forward the
	proposal to the Board of Directors;	proposal to the Board of Directors;

to draft the Company's basic (4) to draft the Company's basic

management system and the plan	management system and the plan
for establishment of the Company's	for establishment of the Company's
internal management organization;	internal management organization;
(5) to formulate the specific rules and (5)	to formulate the specific rules and
regulations of the Company;	regulations of the Company;

- 36 -

No.	Articles Before Amendments	Articles After Amendments
	(6)	to propose to the Board of Directors	(6)	to propose to the Board of Directors
		the employment and dismissal of the		the employment and dismissal
		general vice president, senior vice		of the general vice president,
		president, chief financial officer		senior vice president, person in
		and other senior management		charge of financeand other senior
		officers;		management officers;
	(7)	t o e m p l o y a n d d i s m i s s t h e	(7)	t o e m p l o y a n d d i s m i s s t h e
		responsible management personnel		responsible management personnel
		and general employees other than		and general employees other than
		those to be employed and dismissed		those to be employed and dismissed
		by the Board of Directors;		by the Board of Directors;
	(8)	to propose to convene extraordinary	(8)	to propose to convene extraordinary
		board meetings;		board meetings;
	(9)	to decide the Company's other	(9)	to decide the Company's other
		issues within the scope of the		issues within the scope of the
		authority of the Board of Directors;		authority of the Board of Directors;
	(10)	to decide on projects such as	(10)	to decide on projects such as
		investment, acquisition or disposal		investment, acquisition or disposal
		and financing which do not need to		and financing which do not need to
		be decided by the Board of Directors		be decided by the Board of Directors
		or the shareholders' general		or the shareholders' general
		meeting;		meeting;
	(11)	other functions and powers granted	(11)	other functions and powers granted
		by the Articles of Association and		by the Articles of Association and
		the Board of Directors.		the Board of Directors.
	Senior management officers other than	Senior management officers other than
	the presidentshall assist the president	the chief executive officershall assist the
	in his works and may exercise part of the	chief executive officerin his works and
	functions and powers entrusted by the	may exercise part of the functions and
	president.	powers entrusted by the chief executive
			officer.
26.	Article 124 The presidentshall attend the	Article 124 The chief executive officer
	board meetings and, if not a director, shall	shall attend the board meetings and, if
	not have voting right thereat.	not a director, shall not have voting right
			thereat.
27.	Article 125 In the exercise of his powers,	Article 125 In the exercise of his powers,
	the presidentshall comply with the laws,	the chief executive officershall comply
	administrative regulations and the Articles	with the laws, administrative regulations
	of Association, and fulfill his duties in	and the Articles of Association, and fulfill
	good faith and diligence.	his duties in good faith and diligence.

- 37 -

No.	Articles Before Amendments	Articles After Amendments
28.	Article 126 The Company shall have	Article 126 The Company shall have one
	one chief financial officer, who shall be	person in charge of finance, who shall
	appointed or removed by the Board of	be appointed or removed by the Board
	Directors. The chief financial officershall	of Directors. The person in charge of
	be accountable to the Board of Directors	financeshall be accountable to the Board
	and the president.	of Directors and the chief executive
		officer.
29.	Article 131 The Board of Supervisors	Article 131 The Board of Supervisors
	shall be accountable to the shareholders'	shall be accountable to the shareholders'
	general meeting and exercise the	general meeting and exercise the
	following functions and powers:	following functions and powers:
	(1) to monitor any acts of directors,	(1) to monitor any acts of directors
	the president and other senior	and senior management officers
	management officersin their	in their performance of duties that
	performance of duties that violate	violate the laws, administrative
	the laws, administrative regulations	regulations and the Articles of
	and the Articles of Association, and	A s s o c i a t i o n , a n d t o p r o p o s e
	to propose dismissal of any directors	dismissal of any directors and senior
	and senior management officers	management officers who violate
	who violate the laws, administrative	the laws, administrative regulations,
	r e g u l a t i o n s , t h e A r t i c l e s o f	the Articles of Association or any
	Association or any resolutions of	resolutions of shareholders' general
	shareholders' general meetings;	meetings; ……
	……
30.	Chapter 14 Qualification and Obligations	Chapter 14 Qualification and Obligations
	of Directors, Supervisors and Senior	of Directors, Supervisors and Senior
	Management Officers of the Company	Management Officers of the Company
	Chapter 17 Appointment of Accounting	Chapter 17 Appointment of Accounting
	Firms	Firms
	Chapter 22 Settlement of Disputes	Chapter 22 Settlement of Disputes
	The words "the president or other	The words "the president or other
	senior management officers" and "the	senior management officers" and "the
	president and other senior management	president and other senior management
	officers" in the articles of the above	officers" in the articles of the above
	chapters	chapters shall be amended to "senior
		management officers"

Notes:

Save for the above articles, there will be no changes to the other articles of the Articles of Association of the Company.
The Proposed Amendments to the Articles of Association of the Company were prepared in Chinese. Should there be any discrepancies between the Chinese version of the Proposed Amendments and their English version, the Chinese version shall prevail.

- 38 -

Attachments

Original document
Permalink

Disclaimer

Legend Holdings Corporation published this content on 18 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 December 2019 10:30:08 UTC

Market Closed - Hong Kong S.E. Other stock markets 04:08:42 2024-06-28 am EDT			5-day change	1st Jan Change
5.88 ^HKD	-0.68%		-8.84%	-20.11%

Jun. 27	Legend Holdings Corporation Announces Board and Committee Changes	CI
May. 28	Legend Unit to Acquire XDI Green Preparation Technology for 49 Million Yuan	MT

Legend Holdings Corporation Announces Board and Committee Changes	Jun. 27	CI
Legend Unit to Acquire XDI Green Preparation Technology for 49 Million Yuan	May. 28	MT
Legend Holdings Corporation Announces Board Retirements	May. 24	CI
Star Plus Legend Completes HK$222 Million Share Placement	May. 02	MT
Star Plus Legend 2023 Profit Nearly Halves Despite Higher Revenues	Apr. 28	MT
Huayi Tencent Entertainment Makes Various C-Level Changes	Apr. 24	MT
Star Plus Legend to Offer Up to 31.5 Million Shares Under Placement Deal	Apr. 16	MT
Legend Holdings Swings to Loss in 2023	Apr. 01	MT
Legend Holdings Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 28	CI
Joyvio Food's 2023 Attributable Loss Widens; Shares Fall 6%	Mar. 12	MT
Legend Holdings Forecasts Swing to Loss in 2023; Shares Fall 6%	Mar. 11	MT
Legend Holdings Corporation Provides Preliminary Unaudited Consolidated Earnings Guidance for the Year Ended December 31, 2023	Mar. 08	CI
China Cancels Premier's Post-NPC Press Conference in Break With Tradition	Mar. 04	DJ
Legend Unit to Renew Coal Supply, Labour Outsourcing Deals With Levima	Dec. 19	MT
Star Plus Legend Unit Enters Coop Contract to Invest in Concert	Dec. 12	MT
Sterlite Technologies to Offload Entire 40% Stake in China Joint Venture	Nov. 29	MT
Star Plus Legend's Unit to Spend Up to 10 Million Yuan in Chinese Concert	23-10-31	MT
Levima Advanced Materials' Q3 Attributable Profit Plunges 75.6%; Shares Fall 3%	23-10-25	MT
Joyvio Food's Q3 Attributable Loss Widens as Revenue Tumbles 42.7%; Shares Rise 3%	23-10-25	MT
Legend Holdings Corporation Announces Executive Changes	23-09-29	CI
Star Plus Legend’s Profit Slips in H1	23-08-31	MT
Legend Holdings’ Profit Falls in H1	23-08-31	MT
Legend Holdings Corporation Reports Earnings Results for the Half Year Ended June 30, 2023	23-08-31	CI
Legend's Unit Acquires Majority Stake in Chemical Materials Producer for 31.7 Million Yuan	23-08-04	MT
Legend Holdings Forecasts 62% Fall in H1 Profit; Shares Climb 5%	23-07-30	MT

	1st Jan change	Capi.
LEGEND HOLDINGS CORPORATION	-20.11%	1.79B
DELL TECHNOLOGIES INC.	+80.56%	98.9B
HP INC.	+16.05%	33.97B
HEWLETT PACKARD ENTERPRISE COMPANY	+24.65%	27.35B
SEAGATE TECHNOLOGY HOLDINGS PLC	+21.14%	21.86B
LENOVO GROUP LIMITED	+0.92%	17.76B
LOGITECH INTERNATIONAL S.A.	+8.98%	14.77B
ASUSTEK COMPUTER INC.	+1.74%	11.47B
TD SYNNEX CORPORATION	+7.25%	9.78B
WISTRON CORPORATION	+7.51%	9.39B

Legend Holdings Corporation

Equities

3396

CNE100001ZT0

Computer Hardware

Legend : CHANGE OF CHAIRMAN OF THE BOARD PROPOSED APPOINTMENT OF DIRECTORS RE-DESIGNATION OF DIRECTORS CHANGE OF PRESIDENT CHANGE OF SUPERVISOR ESTABLISHMENT OF THE STRATEGY COMMITTEE UNDER THE BOARD PROPOSED AMENDMENTS TO ARTICLES OF ASSOCIATION

Latest news about Legend Holdings Corporation

Chart Legend Holdings Corporation

Company Profile

Income Statement Evolution

Ratings for Legend Holdings Corporation

Analysts' Consensus

EPS Revisions

Annual profits - Rate of surprise

Sector Other Computer Hardware

	and supervisors not being staff		and supervisors not being staff
	representatives and to determine		representatives and to determine
	matters relating to the remuneration		matters relating to the remuneration
	of the directors and the supervisors;		of the directors and the supervisors;
(3)	to consider and approve the reports	(3)	to consider and approve the reports
	of the Board of Directors;		of the Board of Directors;
(4)	to consider and approve the reports	(4)	to consider and approve the reports
	of the Board of Supervisors;		of the Board of Supervisors;
(5)	t o c o n s i d e r a n d a p p r o v e t h e	(5)	t o c o n s i d e r a n d a p p r o v e t h e
	Company's annual financial budgets		Company's annual financial budgets
	and final accounts;		and final accounts;
(6)	t o c o n s i d e r a n d a p p r o v e t h e	(6)	t o c o n s i d e r a n d a p p r o v e t h e
	Company's profit distribution plan		Company's profit distribution plan
	and plan for recovery of losses;		and plan for recovery of losses;
(7)	to resolve on increase or reduction	(7)	to resolve on increase or reduction
	in the Company's registered capital;		in the Company's registered capital;
(8)	to resolve on the issue of debentures,	(8)	to resolve on the issue of debentures,
	any kind of shares, warrants or other		any kind of shares, warrants or other
	similar securities by the Company;		similar securities by the Company;
(9)	to resolve on the merger, demerger,	(9)	to resolve on the merger, demerger,
	dissolution, liquidation or change of		dissolution, liquidation or change of
	form of business of the Company;		form of business of the Company;
(10)	t o a m e n d t h e A r t i c l e s o f	(10)	t o a m e n d t h e A r t i c l e s o f
	Association;		Association;
(11)	to consider and approve the motions	(11)	to consider and approve the motions
	put forward by shareholders		put forward by shareholders
	individually or jointly holding 3%		individually or jointly holding 3%
	or more of the Company's shares		or more of the Company's shares
	with voting rights;		with voting rights;

No.	Articles Before Amendments	Articles After Amendments
	Unless otherwise provided in the	Unless otherwise provided in the
	Articles of Association, the notice of the	Articles of Association, the notice of the
	shareholders' general meeting shall be	shareholders' general meeting shall be
	delivered by personal delivery or prepaid	delivered by personal delivery or prepaid
	mail to the shareholders (whether or not	mail to the shareholders (whether or not
	such shareholders have a voting right	such shareholders have a voting right
	at the shareholders' general meeting).	at the shareholders' general meeting).
	The address of the recipient shall be	The address of the recipient shall be
	the address registered in the register of	the address registered in the register of
	shareholders. For the holders of domestic	shareholders. For the holders of domestic
	shares, notice of the meeting may be	shares, notice of the meeting may be
	issued by way of public announcement.	issued by way of public announcement.
	The public announcement referred to	The public announcement referred to
	in the preceding paragraph shall be	in the preceding paragraph shall be
	published in one or more newspapers	published in one or more newspapers
	designated by the securities governing	designated by the securities governing
	authority of the State Council during 45	authority of the State Council. Upon
	days to 50 days prior to the date of the	the publication of the announcement,
	meeting. Upon the publication of the	all holders of domestic shares shall
	announcement, all holders of domestic	be deemed to have received the notice
	shares shall be deemed to have received	of the relevant shareholders' general
	the notice of the relevant shareholders'	meeting.
	general meeting.
	The notice of a shareholders' general	The notice of a shareholders' general
	meeting served on the holders of overseas-	meeting served on the holders of overseas-
	listed shares may be published through the	listed shares may be published through the
	websites of the HK Stock Exchange and	websites of the HK Stock Exchange and
	the Company. Upon the publication of the	the Company. Upon the publication of the
	announcement, all holders of overseas-	announcement, all holders of overseas-
	listed foreign shares shall be deemed to	listed foreign shares shall be deemed to
	have received the notice of the relevant	have received the notice of the relevant
	shareholders' general meeting.	shareholders' general meeting.

No.	Articles Before Amendments	Articles After Amendments
		(20)	to exercise other functions and
			powers conferred by the laws and
			regulations, the HKEx Listing
			Rules, the Articles of Association or
			the shareholders' general meetings;
	Except for the matters specified in	Except for the matters specified in
	subparagraphs (6), (7) and (12)which	subparagraphs (7), (8) and (15)which
	shall be passed by two-thirds or more of	shall be passed by two-thirds or more of
	the directors, the board's resolutions in	the directors, the board's resolutions in
	respect of any other aforesaid matters may	respect of any other aforesaid matters may
	be passed by half or more of all directors.	be passed by half or more of all directors.
	Resolutions in respect of connected	Resolutions in respect of connected
	transactions made by the Board of	transactions made by the Board of
	Directors shall not come into force unless	Directors shall not come into force unless
	it is signed by independent directors.	it is signed by independent directors.
18.	Article 108 The chairman of the Board	Article 108 The chairman of the Board
	of Directors is entitled to the following	of Directors is entitled to the following
	functions and powers:	functions and powers:
	(1) to preside over general meetings	(1)	to preside over general meetings
	and to convene and preside over the		and to convene and preside over the
	board meetings;		board meetings;
	(2) to supervise and check on the	(2)	to supervise and check on the
	implementation of resolutions		implementation of resolutions
	passed at the meeting of the Board		passed at the meeting of the Board
	of Directors;		of Directors;
	(3) to sign share certificates, bonds and	(3)	to sign share certificates, bonds and
	other marketable securities of the		other marketable securities of the
	Company;		Company;
	(4) to sign important documents of	(4)	to sign important documents of
	the Board of Directors and other		the Board of Directors and other
	documents that shall be signed		documents that shall be signed
	by the legal representative of the		by the legal representative of the
	Company and to exercise the		Company and to exercise the
	authorities of legal representatives;		authorities of legal representatives;

No.	Articles Before Amendments	Articles After Amendments
	In the event that the chairman of the	In the event that the chairman of the
	Board of Directors is unable to exercise	Board of Directors is unable to exercise
	his powers, a director jointly elected by	his powers, a director jointly elected by
	half or more of all directors may perform	half or more of all directors may perform
	his duties.	his duties.
	The Board of Directors may, if necessary,	The Board of Directors may, if necessary,
	authorize the chairman of the Board of	authorize the chairman of the Board of
	Directors to exercise part of the powers of	Directors to exercise part of the powers of
	the Board of Directors when it is in recess.	the Board of Directors when it is in recess.
19.	Article 109 The Board of Directors shall	Article 109 The Board of Directors shall
	meet regularly and the meetings of the	meet regularly and the meetings of the
	Board of Directors shall be held at least	Board of Directors shall be held at least
	four times every year, and convened by	four times every year, and convened by
	the chairman of the Board of Directors.	the chairman of the Board of Directors.
	A fourteen days' prior written notice for	A fourteen days' prior written notice for
	convening the meeting shall be given to	convening the meeting shall be given to
	all directors.	all directors.
	Under the following circumstances, an	Under the following circumstances, an
	extraordinary meeting of the Board of	extraordinary meeting of the Board of
	Directors shall be held by the chairman	Directors shall be held by the chairman
	within five days upon receipt of proposal:	within five days upon receipt of proposal:
	(1) when proposed by the shareholders	(1) when proposed by the shareholders
	representing one tenth or more of	representing one tenth or more of
	voting rights;	voting rights;
	(2) when proposed jointly by one-thirds	(2) when proposed jointly by one-thirds
	or more of the directors;	or more of the directors;
	(3) when proposed by the chairman of	(3) when proposed by the chairman of
	the Board of Directors;	the Board of Directors;
	(4) when proposed by two or more	(4) when proposed by two or more
	independent directors;	independent directors;
	(5) when proposed by the Board of	(5) when proposed by the Board of
	Supervisors;	Supervisors;
	(6) when proposed by the president.	(6) w h e n p r o p o s e d b y t h e chief
		executive officer.