Liu Chuanzhi on Founding and Origins

Liu Chuanzhi — founder profiled in the Chinese Founder Ledger — is documented as follows: institute of Computing Technology researcher who in 1984 used a 200,000-yuan state-institute investment to found what became Legend/Lenovo, later engineering Lenovo's 2004 acquisition of IBM's PC business before retiring from Legend Holdings' chairmanship in December 2019. The profile is grounded in the 2 sources indexed for this founder.

Liu and ten other researchers received a 200,000-yuan investment from the Institute of Computing Technology of the Chinese Academy of Sciences in 1984 to set up ICT New Technology Development Company, the predecessor of Legend and later Lenovo, starting in an office space under 20 square meters.

Founded ICT New Technology Development Company (later Legend, then Lenovo) in 1984 using a state-institute investment.