Liu is the founder of Lenovo, the world's largest personal computer vendor by unit sales.

[3] Liu founded Lenovo (originally called Legend), in 1984 with a group of ten other engineers in Beijing with 200,000 yuan and an office roughly 20 square yards in size.

Liu came up with the idea to start Lenovo in response to a lack of funding at the Chinese Academy of Sciences (CAS).

[3] Lenovo's founders, all scientists and engineers, faced difficulty from their lack of familiarity with market-oriented business practices, traditional Chinese ambivalence towards commerce, and anti-capitalist communist ideology.

This was readily apparent to Liu and his collaborators due to their proximity to Zhongguancun, where the proliferation of fly-by-night electronics traders lead to the area being dubbed "Swindlers Valley.

Lenovo soon invested money in developing a circuit board that would allow IBM PCs to process Chinese characters.

[3] Liu received government permission to open a subsidiary in Hong Kong and was allowed to move there along with five other employees.

Liu's father, already in Hong Kong, supported his son's ambitions through mentoring and facilitating loans.

Proceeds from the offering were used to finance sales offices in Europe, North America, and Australia; expand and improve production and research and development; and increase working capital.

Lenovo's Hong Kong and Mainland China business units conducted a merger and secondary offering in 1997.

Before Lenovo conducted its first secondary offering in 1997, Liu proudly announced the company's intent to mainland newspapers only to have its stock halted for two days by regulators to punish his statement.

The first time Liu traveled to Europe on a "roadshow" to discuss his company's stock he was shocked by the skeptical questions he was subjected to and felt offended.

In the years just prior to his resignation, Liu focused on improving Legend's growth, building-up its core assets, and conducting a public stock offering between 2014 and 2016.

[9] Liu said in an interview with Forbes that he hoped to diversify away from IT-related businesses and that Legend Holding's assets would be mainly concentrated in information technology, real estate, services, coal processing, and agriculture.

Liu said agriculture is just one part of what he sees as "huge" opportunities in sectors that cater to Chinese consumers.

[11] In 2019, Liu Chuanzhi, the 75-year-old founder of Lenovo Group, has resigned as chairman of Legend Holdings, the parent company of the world's largest personal computer supplier.

The firm had plans to start selling cherries and grapes from the United States, Australia, and Chile by the end of 2013.

[13] Joyvio took advantage of Legend's experience in information technology to set up a tracking system to ensure the quality and safety of its products.

The company is also applying the OEM business model common in the technology industry in order to work effectively with small family farms and agricultural cooperatives.

Joyvio holds training exercises with farmers in order to prepare them to deal quickly and effectively with bad weather.

Longguan was previously a fully state-owned enterprise operating under the jurisdiction of the Chinese Academy of Agricultural Sciences.

Despite his father's revolutionary credentials, Liu was declared unfit for military service because a relative had been denounced as a rightist.

In autumn of the same year, Liu entered the People's Liberation Army Institute of Telecommunication Engineering, now known as Xidian University.

Due to his political and class background, Liu was deemed unsuitable for such sensitive subjects and was assigned to study radar.

In 1966, he told his classmates that the revolution was a terrible idea and was sent to a state-owned rice farm near Macau in Guangdong as a result.

He said, "when it comes to the inappropriate actions the government takes, businessmen don't have the courage or capacity to go against them; second, they lack the social responsibility to care for the whole world and what they do is to 'mind their own business.

I tell my employees to be careful all the time; don't disrespect the government or bribe anyone - even so, I'm still not at peace because there are always some corrupt individuals coming along to cause problems.

Liu Chuanzhi's maternal grandfather served as finance minister for the warlord Sun Chuanfang.

[3] After the Communist victory in 1949, Liu's family moved to Beijing, where they lived in a traditional courtyard home located on a hutong in the Wangfujing area.

Liu Qing joined Didi Chuxing as chief operating officer in July 2014 after working at Goldman Sachs for 12 years.