Yang Yuanqing
Yang Yuanqing
Yang Yuanqingis a Chinese businessman and the current chief executive officer of Lenovo. According to Hurun Report's 2013 China Rich List, he had an estimated fortune of around US $620 million and is the 533rd richest person in China...
competition complete cost current higher portfolio product structure
Our current cost structure and competitiveness has not been optimized and our product portfolio is not complete enough. We should have higher aspirations.
confident improve
We are very confident we can improve the efficiencies.
culture profitable service unified
We are a new unified culture, more efficient, more profitable and with better service for our customers.
above average further gross group helped improve leading maintain position prices profit selling strategies
The above strategies have helped to improve the gross profit of the group and helped to maintain average selling prices of products, further consolidating the group's leading position in the market.
acquired although business line performance profitable regional three
The acquired business has now been profitable for three consecutive quarters, in line with the board's expectations, although regional performance has varied.
average grow industry opportunity twice
We have this potential, this opportunity to grow (at) twice the industry average growth.
calm fully integrate investors time
Right now I want to tell our investors to calm down and give us more time to fully integrate to get better performance.
cooperation emerging extending further include increase joint marketing pc product sign today
The partnership we sign today will further increase our cooperation in this area, as well as extending our partnership to include high-end PC product development and joint marketing in new emerging markets.
division next pc phase planning track
With our integration of IBM's PC division on track and our organizational integration complete, we are accelerating our planning for our next phase of growth.
confidence price stock
When our stock price went down after the acquisition I told our investors: You should have more confidence in this company,
board business directors satisfied
The board of directors are satisfied with the business results.
business domestic five increase management operation process smooth stable
The process will take at least five months, so we can have a smooth operation in organising the management and a stable increase in our business in domestic and international markets.
create good image
We are not a (Chinese) government-controlled company. This didn't create a good image for us, and I want to clarify.
broaden competition cost decline expense increase margin market portfolio product profit reflects shows
The decline in profit margin reflects an increase of market competition, and shows that we haven't optimized our cost and expense structure. We need to broaden our product portfolio and increase our market coverage.