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Legend to invest 10b yuan over five years

By Wang Xing | China Daily | Updated: 2009-09-09 08:11

China's Legend Holdings said yesterday that it plans to invest 10 billion yuan over the next five year in industries such as clean energy and environmental protection, as part of its effort to transform itself into a corporate investment-holding company.

The parent of the Chinese computer maker Lenovo Group said it plans to build its core assets in five sectors - clean energy and environmental protection, new materials, hitech, financial services and consumer goods.

The company also intends to become a well-respected international corporate investment-holding company, said Liu Chuanzhi, chairman of Legend Holdings.

Legend to invest 10b yuan over five years

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