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Lenovo today repudiated the article in its official WeChat public account "People who kept talking", and Lenovo called it "data distortion, concept of stealing, out of context, conspiracy" and said that in the face of such irresponsible malicious slander It needs to be clarified and refuted, including considering the legal means to protect its legitimate rights and interests.
The screenshot of the article is based on the Lenovo financial report data quoted in the media article. Lenovo officially responded. According to Lenovo’s publicly disclosed financial report, Lenovo’s pre-tax profit was 1.125 billion Hong Kong dollars in fiscal year 2004 and 1.1 billion in fiscal 2005. HK$74 million, the original exchange of "Hong Kong dollars" with "US dollars" does not say, "Since the fiscal year 2004, Lenovo's pre-tax profit has fallen off the cliff" is more purely nonsense.
Lenovo also said that Lenovo, the first company to start in Zhongguancun (8.82, 0.42, 5.00%), has grown into the world's few global companies that have gone out of China after more than 30 years of hardships and obstacles. In this process, in a fully competitive global IT industry, it is not easy to develop steadily today. Lenovo people are both proud and humble, have been on the ice, and always fight. For pertinent opinions and even criticisms from inside and outside, Lenovo will listen and communicate actively with inclusiveness; but in the face of such irresponsible malicious slander, it also needs to be clarified and refuted, including considering legal means to protect its legitimate rights and interests.
According to public information, the late universe that wrote "The Truth: Yang Yuanqing is a Qualified Lenovo CEO" has written the book "Lenovo Bureau".
It is reported that the late universe born in Laizhou, Shandong Province in 1976 is a graduate of the Chinese Department of Peking University. He was a reporter for Southern Weekend, the chief reporter of the Economic Observer, and the deputy editor of the Beijing News. The late 25-year-old Liu Yingzhi began to plan to write "Lenovo's growth". More than three years of hard work and meditation hard work, but the manuscript was not recognized by Liu Chuanzhi. Liu Chuanzhi also asked Ling Zhijun to create "Lenovo Fengyun" and it was all the rage. In the end, the late universe published his "Lenovo Bureau". (Wang Kaka)
Lenovo responded to the article "Are you a qualified self-media person? "full text:
Yesterday, a self-media person published an article on the official title of "The Truth: Yang Yuanqing is a Qualified Lenovo CEO". The article advertises "truth", but there are problems such as data distortion, stolen concept, out of context, conspiracy. Specially clarify the facts to see and hear.
First, the data in the text is seriously distorted, and there is a sense of professionalism and professionalism of the media people.
The original article mentioned: "This merger ultimately promoted the pre-tax profit for the fiscal year 2004 to reach the highest of $11,075,700 in the 15 years since the spin-off of Lenovo Group. Since then, it has begun to show a cliff-like decline."
But in fact, according to Lenovo’s publicly disclosed financial report, Lenovo’s pre-tax profit for the fiscal year 2004 was 1.125 billion Hong Kong dollars; in fiscal 2005 it reached 1.174 billion Hong Kong dollars. In the original text, “Hong Kong dollar†was replaced with “US dollarâ€. "Don't say," Lenovo's pre-tax profit has fallen from a cliff-like decline since fiscal 2004. "It's purely nonsense. As shown in the chart below, in fiscal 2005, Lenovo also set a new record for pre-tax profits.
According to the financial report data article, "Ten years ago, Lenovo Group's fiscal year 2004 turnover of 22.555 billion US dollars, pre-tax profit of 1.128 billion US dollars; after the acquisition of IBM, the integration of the fiscal year 2005, turnover of 103.551 billion US dollars, profit before tax $659 million."
In such an important comparison of data, the author has no rigorous spirit, and the data is far from reality. In fact, Lenovo's fiscal year 2004 turnover was 23.176 billion Hong Kong dollars. The author wrote $22.555 billion and the facts were seven or eight times different. Taking this as an example, none of the subsequent 1.128 billion US dollars, 103.551 billion US dollars, and 659 million US dollars is in line with the facts. It can be seen that the essays of the article are sloppy and completely contrary to the professionalism and professional ability of the media people.
Second, the article is based on conspiracy theory, out of context, deliberately guides the reader's judgment, maliciously discredited the leader of the association, and rendered the normal personnel change of the company's executives a political struggle.
The author compares the business leaders to "Tai Shang Huang" and "Prince", compares the personnel adjustment of the enterprise to the "struggle" of the palace, and uses the "power" gimmick to exaggerate the normal old and new, so that the use of "returning the prototype of the Prince" The "eight kings arguing in politics" and other directional words were rendered, and Lenovo's positive response measures such as the resurrection of Liu Chuanzhi in the face of challenges were all politically colored. In fact, the Lenovo Executive Committee is the core leadership team that Yang Yuanqing has advocated and led to form and work together.
The article also repeatedly mentioned Lenovo's losses in 2015, such as: "The good days of Lenovo Group suddenly came to an end. As of December 31, 2015, Lenovo Group's fiscal year Q3 pre-tax profit was -47,007.40 US dollars. If you can't make up for the loss in the last quarter, the second loss in the history of Lenovo Group will appear, and the amount of this loss will probably far exceed the last time."
However, the fact that the author intentionally ignored it is that the real reason for Lenovo’s loss in the Q2 fiscal year of FY2015-16 is the restructuring in the Q1 quarter to improve competitiveness and the cash amortization caused by the two major acquisitions. Lenovo has just reorganized all of its operations in the Q1 fiscal quarter, resulting in short-term costs of restructuring costs, one-time write-offs, and other short-term costs of about $923 million. The cash outlays for the acquisition of Motorola's mobile business and IBM System x business, which was just completed at the end of 2014, will also be amortized to quarterly, and will also have an impact on the Q2 fiscal quarter's profit of $85 million.
Third, completely ignore the global growth performance that Lenovo has achieved in the past fifteen years, and smeared the challenges and staged shocks that Lenovo has overcome as a strategic misconduct.
For example, the author wrote that Yang Yuanqing spent 15 years, leading Lenovo Group to create a new high profit, and constantly refreshing the new height of loss. Ten years ago, Lenovo Group became the "best". After 10 years, Lenovo Group reached the "worst".
In fact, after more than a decade of internationalization, Lenovo has achieved remarkable results through its obstacles: from a company with a turnover of only more than 2 billion US dollars to a Fortune 500 company with a turnover of 46 billion US dollars; It has only been launched in China and has spread to more than 160 countries and regions around the world. Lenovo's personal computer business has grown from the first in the Chinese market to the first in the Asia-Pacific region and the first in the world, and has ranked first in the global PC market for 11 consecutive quarters. From talking about Lenovo to talking about PCs, today's enterprise-level business and mobile business are both in the forefront of the world. In 2015, Lenovo was selected as one of the only two brands in the list of "Interbrand's Top 100 Best Brands in the World".
Fourth, the article attempts to distort the facts by stealing the concept and misleading the reader.
The article reads: Lenovo Group has experienced many layoffs and tens of thousands of people. Such layoffs, on the one hand, show that Lenovo Group is struggling, on the other hand, it also shows that Lenovo Group has been in a state of redundancy for a long time.
Lenovo has never had a layoff of "moving tens of thousands of people." In addition, layoffs = the company is in a state of redundancy for a long time, which is a very irresponsible evaluation.
The market value hit a new high, and the stock price hit a new high, but the profit has not reached a new high, and it is likely to usher in the second loss in history. Is such a Lenovo group still a company worth investing?
The short-term losses of enterprises are not necessarily related to the long-term investment value. Lenovo's short-term losses are precisely because of the strategic investment and corporate restructuring in the future. The author tries again to mislead readers with a scornful tone of rhetoric.
As the first company to start a business in Zhongguancun, Lenovo has grown into the few global companies that have gone out of China today after more than 30 years of hardships and obstacles. In this process, in a fully competitive global IT industry, it is not easy to develop steadily today. Lenovo people are both proud and humble, have been on the ice, and always fight. For pertinent opinions and even criticisms from inside and outside, Lenovo will listen and communicate actively with inclusiveness; but in the face of such irresponsible malicious slander, it also needs to be clarified and refuted, including considering legal means to protect its legitimate rights and interests. Thank you for your concern and support for Lenovo. The future Lenovo will continue to move forward!
gree , https://www.greegroups.com