Only one trading day was accepted, and the IPO of Lenovo Group Co., Ltd. (hereinafter referred to as “Lenovo Group”) on the Science and Technology Innovation Board became “yellow”. On the evening of October 8th, the official website of the Shanghai Stock Exchange showed that the IPO of Lenovo Group’s Science and Technology Innovation Board was in a state of termination.
Sci-tech Innovation Board IPO withdrawal order
The Shanghai Stock Exchange stated that Lenovo Group will terminate its issuance and listing review in accordance with Article 67 (2) of the Review Rules due to the withdrawal of the issuance and listing application by Lenovo Group or the withdrawal of the sponsorship by the sponsor.
It is worth mentioning that the IPO of Lenovo Group’s Science and Technology Innovation Board was accepted only on the evening of September 30. During the 11th holiday period, it only experienced the trading day of October 8. The Lenovo Group’s IPO “one-day trip” situation has not appeared before.
The news of the termination of Lenovo’s IPO became the focus of market attention for a while. Why did it end? This has become a big question raised by the market. Insiders pointed out that it may be due to the positioning of the science and technology innovation board.
The prospectus shows that Lenovo Group is a world-leading ICT technology company. The group has a global sales and service network. In addition to China, its business also covers the Americas, Asia Pacific, Europe, the Middle East, Africa and other major global markets, and its products are sold globally More than 180 countries and regions.
In terms of revenue composition, Lenovo Group’s revenue is mainly composed of the smart device business group and the data center business group. From 2018 to 2020, Lenovo Group’s smart device business group is the most important source of revenue, accounting for 88.2%, 89.16% and 89.58% of revenue respectively; data center business group accounting for 11.8%, 10.84% and 10.42% of revenue respectively.
According to data from IDC and www.top500.org, Lenovo Group’s personal computer business continues to lead the market in sales in 2019 and 2020, ranking first in the global market share of its products; in the mobile device business, the company’s smartphone market in Latin America will be launched in 2020. Ranked second in terms of volume; in terms of data center business, in the list of the top 500 supercomputers in the world in November 2020, Lenovo Group’s supercomputers were shortlisted for 182 units, accounting for 36.4%, and ranked first among global high-performance computer suppliers. one.
Financial data show that from 2018 to 2020, Lenovo Group will achieve net profits of approximately 3.838 billion yuan, 4.625 billion yuan, and 7.772 billion yuan, respectively.
Lenovo Group’s R&D investment is quite eye-catching. In each period of the reporting period, the company’s R&D investment was 10.203 billion yuan, 11.517 billion yuan and 12.038 billion yuan, accounting for 2.98%, 3.27% and 2.92% of each period’s revenue, respectively. Lenovo Group also stated that excellent technology R&D and product development personnel are an important foundation for the company to improve its competitiveness and sustainable development. As of March 31, 2021, the company has 10,216 R&D personnel, accounting for 19.48% of the company’s total employees.
Only one trading day was accepted, and the IPO of Lenovo Group Co., Ltd. (hereinafter referred to as “Lenovo Group”) on the Science and Technology Innovation Board became “yellow”. On the evening of October 8th, the official website of the Shanghai Stock Exchange showed that the IPO of Lenovo Group’s Science and Technology Innovation Board was in a state of termination.
Sci-tech Innovation Board IPO withdrawal order
The Shanghai Stock Exchange stated that Lenovo Group will terminate its issuance and listing review in accordance with Article 67 (2) of the Review Rules due to the withdrawal of the issuance and listing application by Lenovo Group or the withdrawal of the sponsorship by the sponsor.
It is worth mentioning that the IPO of Lenovo Group’s Science and Technology Innovation Board was accepted only on the evening of September 30. During the 11th holiday period, it only experienced the trading day of October 8. The Lenovo Group’s IPO “one-day trip” situation has not appeared before.
The news of the termination of Lenovo’s IPO became the focus of market attention for a while. Why did it end? This has become a big question raised by the market. Insiders pointed out that it may be due to the positioning of the science and technology innovation board.
The prospectus shows that Lenovo Group is a world-leading ICT technology company. The group has a global sales and service network. In addition to China, its business also covers the Americas, Asia Pacific, Europe, the Middle East, Africa and other major global markets, and its products are sold globally More than 180 countries and regions.
In terms of revenue composition, Lenovo Group’s revenue is mainly composed of the smart device business group and the data center business group. From 2018 to 2020, Lenovo Group’s smart device business group is the most important source of revenue, accounting for 88.2%, 89.16% and 89.58% of revenue respectively; data center business group accounting for 11.8%, 10.84% and 10.42% of revenue respectively.
According to data from IDC and www.top500.org, Lenovo Group’s personal computer business continues to lead the market in sales in 2019 and 2020, ranking first in the global market share of its products; in the mobile device business, the company’s smartphone market in Latin America will be launched in 2020. Ranked second in terms of volume; in terms of data center business, in the list of the top 500 supercomputers in the world in November 2020, Lenovo Group’s supercomputers were shortlisted for 182 units, accounting for 36.4%, and ranked first among global high-performance computer suppliers. one.
Financial data show that from 2018 to 2020, Lenovo Group will achieve net profits of approximately 3.838 billion yuan, 4.625 billion yuan, and 7.772 billion yuan, respectively.
Lenovo Group’s R&D investment is quite eye-catching. In each period of the reporting period, the company’s R&D investment was 10.203 billion yuan, 11.517 billion yuan and 12.038 billion yuan, accounting for 2.98%, 3.27% and 2.92% of each period’s revenue, respectively. Lenovo Group also stated that excellent technology R&D and product development personnel are an important foundation for the company to improve its competitiveness and sustainable development. As of March 31, 2021, the company has 10,216 R&D personnel, accounting for 19.48% of the company’s total employees.Return to Sohu to see more
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