On August 28, 2026, Legend Holdings Corporation ('Legend Holdings' or the 'Company'; stock code: 3396.HK) released its unaudited condensed consolidated interim results for the six months ended June 30, 2026 (the 'Reporting Period'). During this period, the company generated revenue of RMB 362.935 billion, marking a 29% year-on-year increase, primarily driven by robust growth from its subsidiaries, Lenovo Group and Levima Advanced Materials.

Net profit attributable to equity holders of the Company reached RMB 2.230 billion, up 219% year-on-year, buoyed by a recovery in the valuation of the investment portfolio within the industrial incubation and investment segment. When excluding one-time items, net profit attributable to equity holders stood at RMB 5.812 billion, representing an impressive 834% surge compared to the prior year.

During the first half of 2026, Legend Holdings remained aligned with the theme of high-quality development driven by technological innovation, further refining its distinctive science and technology innovation framework. The company actively promoted the synergistic operation of three core engines: industrial operations rooted in core technology sectors, sci-tech funds expanding ecosystem coverage, and forward-looking technologies advancing early-stage industrialization. This approach accelerated the conversion of scientific achievements into productive forces, continuously enhancing the company's core competitiveness and delivering substantial performance growth, thereby laying a solid foundation for sustainable development.

In the Reporting Period, Legend Holdings' total R&D investment surpassed RMB 10 billion for the first time in a half-year period, achieving a new historical peak. Its underlying industries grew steadily with a robust base. Lenovo Group capitalized on the rise of hybrid artificial intelligence, with all three business segments recording double-digit revenue growth, setting new records for the corresponding period. AI has emerged as a core growth engine for Lenovo Group, with AI-related revenue climbing 64% year-on-year and now accounting for 36% of total revenue.

Levima Advanced Materials demonstrated notable performance momentum, achieving breakthroughs in several major projects. Notably, the XDI project has been included in the national key R&D program, while construction of the PEEK project has commenced based on proprietary technology and accumulated R&D expertise. Both projects are slated for completion and commissioning by 2027, aiming to fill domestic technology gaps.

Leveraging years of deep investment in technology and innovation, Legend Holdings has cultivated a thriving ecosystem of emerging and future industries, which is now yielding tangible results. This not only propelled significant performance growth but also accumulated momentum for long-term development. During the Reporting Period, the technology asset reservoir and monetization capabilities of the industrial incubation and investment segment improved in tandem. In the first half, the Legend system facilitated the listing of 12 portfolio companies across sectors including artificial intelligence, semiconductors, advanced manufacturing, and healthcare, with over 30 more in the pipeline for listing. Cumulative investments in technology projects surpassed 80, spanning AI, quantum computing, optical interconnection, embodied intelligence, chip semiconductors, biomedicine, and commercial aerospace.

To date, Legend Holdings has invested in over 300 companies in the AI sector. Its systematic footprint in other frontier areas includes more than 110 companies in pharmaceuticals and healthcare, over 60 in green industries and future energy, and more than 50 in embodied intelligence. Responding to the call for accelerating the transformation of technology into productive forces, Legend Holdings leveraged its forward-looking technology research institute as a key driver to promote industry-academia-research integration and explore new pathways for commercializing original technologies.

In the first half of the year, Legend Holdings established a joint laboratory for advanced photonic integration technology with a national key laboratory at Peking University, co-authored and published research papers, filed joint patents, and advanced preparations for operational entity establishment. Additionally, the company, together with the Chinese Information Processing Society of China and other entities, co-founded the Industry-Academia-Research Innovation Ecosystem Working Committee, focusing on cutting-edge AI directions and addressing real industry needs. The company is committed to a 'collaborative pre-innovation' development model, using real industry problems as forward-looking drivers and partnering with the scientific community from early R&D stages, aiming to provide replicable pathways for transforming more original innovations into new quality productive forces.

Legend Holdings has consistently adhered to a path of ecological priority and green development. Lenovo Group has received numerous domestic and international accolades in the ESG field, including maintaining the highest global AAA rating from MSCI for consecutive years, earning the EcoVadis Platinum Medal for two consecutive years, and being named to the Fortune China ESG Impact List for five straight years. Its green operations continue to deliver outstanding results, with over 90% of global operational electricity sourced from renewable energy and more than 360 million kilograms of end-of-life products recycled and reused.

In the photovoltaic materials sector, Levima Advanced Materials possesses both EVA and POE photovoltaic film materials, with an annual production capacity exceeding 350,000 tons. The company also established a systematic layout in new energy battery materials. In green investment, Legend Holdings has invested in more than 60 companies spanning new energy and energy decarbonization. Over its 18-year history, the Legend Star Entrepreneur CEO Training Program has empowered 1,429 startup founders, resulting in 77 listed companies, 217 national-level 'little giant' specialized and innovative enterprises, and 930 high-tech enterprises, generating over 460,000 jobs.

Looking ahead, Legend Holdings will continue to follow national strategic needs, maintain its focus on high-quality development driven by technological innovation, persistently refine its unique technology innovation system, deepen its commitment to core technology industries, and accelerate the transformation of scientific and technological achievements into productive forces, contributing to China's modernization and technological self-reliance.