Lenovo holdings issued a statement on its intranet: in 2009, the transfer of 29% equity of Lenovo holdings was legal and in accordance with regulations
Lenovo holdings issued a statement saying that after confirmation with the Chinese Academy of Sciences Holdings Co., Ltd., in 2009, in accordance with the relevant provisions on the transaction of state-owned assets of enterprises, the Chinese Academy of Sciences Holdings Co., Ltd. transferred 29% of the equity of Lenovo holdings through the Beijing property exchange. This transfer has been audited, evaluated and filed in strict accordance with the relevant requirements of state-owned asset property right transaction. This equity transfer has realized the preservation and appreciation of state-owned assets, and no objection has been raised in previous central inspections and audits by the National Audit Office.
This text is a result of machine translation.
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