Legend Holdings Corp. engages in the business of strategic and financial investments. The company operates through IT, Financial Services, Innovative Consumption & Services, Agriculture & Food, New Materials and Financial Investments segments. The IT segment is primarily engaged in the development, manufacturing and marketing of technology products and services for customers and enterprises. The Financial Services segment offers services, including short-term financing, credit guarantees, entrusted loans, finance lease, banking, insurance brokerage services, payment and Internet finance and trusts and customized financial solutions to customers. The Innovative Consumption & Services segment provides comprehensive medical and health services, logistics, car rental, digital marketing solutions of enterprises and Internet healthcare services. The Agriculture & Food segment is mainly engaged in planting and sales of premium fruit and tea products; produces and sells various Chinese liquor brands; provides sea foods and accessory products; and engages in agriculture-oriented e-commerce platform and liquor direct sales chain. The New Materials segment includes the fine chemicals and energy materials production services and lithium-ion battery business. The Financial Investments segment is engaged in investment in the private equity and venture capital funds as a limited partner and holds interest in the general partners of certain funds. This segment also makes early stage or angel investments in technology start-ups and minority investments in other entities. The company was founded by Liu Chungzhi in November 1984 and is headquartered in Beijing, China.

LC is a venture capital investment manager with a long-term outlook and following a hands-on investment approach. The firm invests primarily in mainland China, and occasionally in Hong Kong and the US. They specialize in seed, startup, and growth capital financing. LC targets mainland-based technology companies with high-growth potential in ICT-related sectors. LC invests between USD 5 and 20 million per deal, and generally acts as the lead or co-lead investor. LC provides comprehensive business and marketing support to assist the development of their portfolio companies. Their exit strategies include trade sales and IPOs, typically listing on the NASDAQ, the NYSE or the Hong Kong stock exchange.LC invests in network applications and services, outsourcing and professional services, digital media, fabless semiconductors, portable storage, multimedia, mobile content, video game outsourcing, Internet-based social networking, personal computers, smart voice technology, application software and infrastructure including IC design and key components. The firm also targets select expansion-stage companies in industries such as consumer goods, private education, interior decoration materials, clean technologies, health care, equipment manufacturing and modern services. They also have started focusing on the development of the Chinese cultural creativity industry.