Core Viewpoint - Lenovo Holdings announced the resignation of CEO Li Peng due to personal career choices, with Yu Hao appointed as the new CEO, indicating a strategic shift in leadership amidst challenges in profitability and a focus on technological innovation [1][4]. Group 1: Leadership Changes - Li Peng joined Lenovo Holdings in 2003 and became CEO in 2020, leading the company to a revenue increase of approximately 32% from 2019 to 2024, reaching 512.81 billion yuan [3]. - Yu Hao, the new CEO, has a strong academic background with degrees in electrical engineering and automation, and extensive experience in R&D across various multinational companies [4][5]. Group 2: Financial Performance - Lenovo Holdings faced a significant decline in profitability, with a projected net profit of approximately 133 million yuan for 2024, down over 97% from the peak of 5.755 billion yuan in 2021 [4]. - The company reported a net profit of 699 million yuan in the first half of the year, showing some recovery compared to previous periods [4]. Group 3: Strategic Focus - The board emphasized Yu Hao's dual role as a technology expert and an experienced manager, aiming to enhance the company's focus on technological innovation and high-quality development [5]. - Lenovo Holdings is committed to integrating AI into its operations, aiming to build a vibrant AI+ application ecosystem, which aligns with broader industry trends towards technological transformation [5].
联想控股CEO换人！李蓬辞职