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"We have been doing very well, not because the individual projects are generating returns of some 100 times, but because we have fewer failures," Liu said.
Liu announced his retirement as chairman of Lenovo on Wednesday, two years after turning the company around from losses after the global financial crisis.
2011-11-05 14:44:52.0Lenovo founder: Investment is more than moneyHony Capital,Legend H,abercrombie,largest PC maker Lenovo11022002Companies2@webnews/enpproperty-->He said the projects were generating returns of 3 to 10 times.
He said he would concentrate on leading and growing the businesses of Legend Holdings, whose target is going public in three to five years.
Hony Capital also invested in a machinery manufacturer and bought a cement equipment firm in Italy to turn it around,franklin marshall.
SINGAPORE -- Liu Chuanzhi,peuterey, founder of the world's second largest PC maker Lenovo,www.peutereyuoutlets.com, said on Friday that the parent company of Lenovo was successful in capital investments because it has been investing not just money.
"When you do investments, make sure that you not only invest money,michael kors outlet, but also put in place services that can add value to the portfolio companies,peuterey outlet," he said,www.michaelkorsoutlet4us.com.
Liu said the two capital investment arms of Legend Holdings has invested in some 150 firms,abercrombie france, with only around 10 failures.
Speaking at the World Entrepreneurship Forum in Singapore, Liu said Hony Capital, the equity investment arm of Legend Holdings,abercrombie, invested in a glass manufacturer in China and added to its values by adjusting its share structure and its product lines and making the losing company profitable,air jordan pas cher.
Related Stories Changing of the guard for PC leader Lenovo 2011-11-03 14:41 Lenovo Q2 profit up 88%, beats expectation 2011-11-03 10:02 Lenovo takes over No 2 spot in global PC market share 2011-10-14 11:14 Lenovo in $300m JV with Compal, shares jump 2011-09-27 17:35Legend Holdings is the parent firm of Lenovo. Its other subsidiaries include Legend Capital, a venture capital unit,abercrombie france, as well as a real estate unit.
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