"怎么看待人工虫草和野生虫草的争议？"一个提给AI的问题，很快引起了现场听课的藏族年轻人们 的兴趣和关注。这是联想控股与和鲸科技联手打造的AI通识课首站的场景之一。 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 课程结束后，学员们也纷纷上前主动与主讲老师交流，提出自己对AI更多的疑问，也表达了对后 续课程的期待。 互联网的发展，拉近了城市与乡村在信息获取和交流上的距离，而AI技术的突飞猛进，则让最新 的知识、最好的技术和工具，离偏远地区也不再遥远。在香格里拉的课堂上，我们看到了科技赋能的另 一种可能——它不是冰冷的技术秀，而是扎根于土地的生长力。这些年轻人的创造力与本地产业的真实 需求，才是AI最美的应用场景。 此次课程是联想控股"乡村AI赋能计划"的首站，未来，这一计划将持续为县域群众提供"低门槛、 高实用"的AI通识和技能培训。计划将通过降低技术门槛、优化成本结构、适配本土场景等方式推动AI 普惠， ...

Financial Performance - The company reported a revenue of 10 billion RMB for the fiscal year ending December 31, 2024, representing a 15% increase year-over-year[1]. - The company provided a forward guidance of 12 billion RMB in revenue for the next fiscal year, indicating a projected growth of 20%[1]. - The company reported a net profit margin of 12%, up from 10% in the previous year[1]. - In 2024, the company achieved revenue of RMB 512.806 billion, an increase of 18% year-on-year[16]. - The net profit attributable to equity holders of the company was RMB 1.33 billion, marking a turnaround from a loss[16]. - Lenovo Holdings achieved a revenue of RMB 512.81 billion in 2024, representing an 18% year-on-year increase[30]. - The industrial operations segment generated revenue of RMB 508.20 billion, also up 18% year-on-year, with a net profit of RMB 3.96 billion, reflecting a 29% increase[31]. - The investment and incubation segment reported revenue of RMB 4.65 billion, a 5% year-on-year increase, despite a net loss of RMB 2.22 billion, which was a significant reduction in losses[33]. - The smart devices business achieved revenue of RMB 349.8 billion, a year-on-year increase of 13%[56]. - The company achieved revenue of RMB 6,441 million in 2024, a decrease from RMB 6,879 million in 2023, with a net profit attributable to shareholders of RMB 70 million, down from RMB 228 million[73][74]. Market Expansion and User Growth - User data showed a growth of 25% in active users, reaching 5 million by the end of the reporting period[1]. - Market expansion efforts led to a 40% increase in market share in the Asia-Pacific region[1]. - The global PC market share reached 24.3%, leading the second competitor by nearly 5 percentage points, a historical high[17]. - The smartphone business ranked among the top five globally (excluding China), achieving a five-year high[17]. - The AI PC category captured 15% of the notebook market share in China during Q4, exceeding market expectations[32]. Research and Development - The company invested 500 million RMB in R&D for new technologies, focusing on AI and machine learning applications[1]. - Research and development expenses reached a record high of RMB 15.8 billion, reflecting the company's commitment to innovation[17]. - In 2024, Lenovo's R&D expenses reached RMB 15.8 billion, a historical high, with an R&D expense ratio increasing from 2.6% in 2021 to 3.1% in 2024[23]. - Lenovo's investment portfolio in AI has expanded to over 270 companies, establishing a comprehensive ecosystem in the AI investment field[20]. - Lenovo Group's AI server cluster set a total of 536 world records in performance testing, with the new generation of servers doubling AI workload performance[35]. Strategic Initiatives and Acquisitions - The company completed an acquisition of a strategic partner for 1 billion RMB, enhancing its supply chain capabilities[1]. - Lenovo has invested in over 100 Chinese technology companies throughout the year, demonstrating a strong commitment to supporting technological innovation[23]. - The company is actively expanding into overseas markets, with blueberry production reaching a historical high, resulting in double-digit growth in revenue and profit[17]. - Lenovo's collaboration with XCMG Group resulted in a nearly 90% efficiency improvement in core processes through customized high-performance computing solutions[37]. Environmental, Social, and Governance (ESG) Initiatives - The company has established a strong focus on ESG initiatives, achieving MSCI AAA rating for three consecutive years[24]. - The company is committed to ESG development principles, contributing to rural revitalization, educational equity, and carbon neutrality[40]. - The company has maintained a 100% compliance rate for pollutant emissions since its inception, adhering strictly to national environmental protection policies[139]. - The company is investing in advanced aquaculture and monitoring technologies, such as artificial intelligence and machine vision, to enhance farming precision and mitigate risks from harmful algal blooms and diseases[140]. Financial Risks and Management - The company faces significant macroeconomic risks due to global economic growth divergence and rising geopolitical tensions, which may impact business performance and profitability[130]. - The company will continuously monitor macroeconomic changes and enhance risk identification and assessment capabilities to ensure sustainable development[131]. - The company faces various financial risks, including market risk, credit risk, and liquidity risk, and has a unified financial control management system in place[147]. - The company actively monitors foreign exchange risks related to currencies such as USD, RMB, EUR, and CHF, and utilizes forward foreign exchange contracts when necessary[148]. Employee and Talent Management - The company employs approximately 88,172 employees as of December 31, 2024[157]. - The company emphasizes that talent is its most valuable asset and focuses on building a talent development system to ensure smooth promotion channels and provide abundant training resources[159]. - The company has established a diversified supplementary welfare system for employees, including supplementary retirement and medical insurance, as well as health check-ups[158].

Core Viewpoint - Lenovo Holdings announced a share transfer agreement where Jiawo Pinxian will acquire 100% equity of Beijing Jiawo Zhencheng Technology Co., Ltd. from Jiawo Foods for a total consideration of RMB 1, aimed at improving the financial condition of Jiawo Foods and exploring new growth opportunities for the group [1][2]. Group 1 - The acquisition involves Jiawo Pinxian purchasing the entire equity of the target company, which primarily engages in food sales and related services [1]. - Jiawo Foods has been facing significant losses due to high operating costs, financial expenses, and declining production and sales volumes, resulting in negative net assets and potential delisting risks from the Shenzhen Stock Exchange by the end of 2024 [1]. - The sale of the target company is expected to improve Jiawo Foods' asset-liability structure and enhance its asset quality, thereby providing room for operational improvement [2]. Group 2 - Following the acquisition, Jiawo Group plans to integrate the target company with its other animal protein businesses to create new growth points [2]. - The group is also considering potential strategic options for Australis Seafoods S.A., including introducing new strategic investors to supplement operational funding and prepare for capacity release [2].

Core Viewpoint - Lenovo Holdings reported impressive financial results for the fiscal year 2024, with revenue reaching 512.8 billion yuan, a year-on-year increase of 18%, and net profit soaring to 7.683 billion yuan, a staggering growth of 1119.52% [4][5]. Group 1: Financial Performance - Lenovo Holdings achieved a revenue of 512.8 billion yuan in 2024, marking an 18% increase compared to the previous year [4]. - The net profit for the same period reached 7.683 billion yuan, reflecting a significant year-on-year growth of 1119.52% [4]. Group 2: Business Segments - In the PC segment, Lenovo holds a 24.3% market share, ranking first globally [6]. - The smartphone business has seen Lenovo-Motorola enter the top five in overseas markets, with a notable performance in Latin America and North America [12][19]. Group 3: Smartphone Market Position - Lenovo-Motorola shipped 58.1 million smartphones in 2024, ranking eighth among global smartphone manufacturers [14]. - The smartphone market share for Lenovo-Motorola grew by 24.3% year-on-year, indicating strong growth compared to competitors [16]. Group 4: Market Expansion - Lenovo-Motorola has successfully expanded its market presence, achieving a 12% market share in North America and a 21% share in Latin America, ranking second behind Samsung [19][20]. - In Europe, Lenovo-Motorola's shipments exceeded 8 million units, with a market share of 6%, ranking fourth [21]. Group 5: Product Innovation - Lenovo-Motorola leads the global vertical folding screen market with a 44.5% market share in Q4 2024 [24]. - The Razr series of folding phones achieved significant sales during the Double Eleven shopping festival in China, indicating strong consumer demand [27]. Group 6: Strategic Insights - Lenovo's successful turnaround of Motorola is attributed to practical strategies, operational efficiency improvements, and market expansion efforts [54][55]. - The company aims to leverage its internationalization and supply chain advantages to further enhance Motorola's market position [56][62]. Group 7: Future Ambitions - Lenovo's CEO has set ambitious goals for Motorola, aiming to reclaim a top-three position in the global smartphone market, with a target of increasing annual shipments from 58 million to 168 million units [72][74]. - The company plans to focus on AI integration in its smartphones and capture a larger share of the Chinese market, which is crucial for achieving its growth targets [83][90].

4月7日，南财快讯记者从天眼查App获悉，近日，北京旷视科技有限公司发生工商变更，新增蚂蚁集团旗下上海云钊创业投资有限公司、联想控股旗下西藏 星帆企业管理有限公司、重庆产业投资母基金合伙企业（有限合伙）等为股东，注册资本由约571.5万人民币增至约3394.2万人民币，同时，新增多位主要人 员。 | | | 都在用的商业查询工具 | | 夏公司 | 童老板 | 查风险 童关系 | | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 国家中小企业发展子基金旗下机构 | | | 请输入公司名称、老板姓名、品牌名称等 | | 天眼一下 船 应用 = 合作 | | 北京旷视科技有限公司 > 情报动态 | | | | | | | | | 时间选择: | モ部 | 今日 本周 | 上周 | 本月 上月 | | 图 自定义时间范围 | | | 全部词段 | 工商信息 | 法律诉讼 | | 经营风险 | 经营状况 | | | | 变动日期 | | 风险级别 | | 变更/新增类型 | | 变更/更新内容 | | | 2025-04-04 | | 提示信息 | | ...

Investment Rating - The report maintains a "Buy-A" investment rating for the company [6]. Core Views - The company achieved a turnaround in profitability, reporting a revenue of 512.81 billion yuan (YoY +18%) and a net profit attributable to shareholders of 1.33 billion yuan, marking a return to profitability [1][2]. - The industrial operation segment benefited from improved profitability of Lenovo Group, contributing a net profit of 39.63 billion yuan (YoY +29%), with Lenovo Group's net profit increasing by 74% [1][2]. - The industrial incubation and investment segment saw a significant reduction in net losses to 22.16 billion yuan, despite challenges in the capital market and IPO pace [3]. Summary by Sections Industrial Operations - The industrial operations segment generated a revenue of 508.20 billion yuan (YoY +18%) and a net profit of 39.63 billion yuan (YoY +29%) [2]. - Key performance highlights include: - Lenovo Group's revenue increased by 19% to 468.89 billion yuan, with a net profit contribution of 34.40 billion yuan (YoY +74%) [2]. - Lenovo Hong Kong Group contributed a net profit of 0.70 billion yuan, while Jiawo Group faced expanded losses of 6.48 billion yuan due to rising costs and inflation [2]. Industrial Incubation and Investment - The segment reported a net loss of 22.16 billion yuan, significantly reduced from previous periods, with 13 portfolio companies successfully going public [3]. - The company focuses on strategic emerging industries, including advanced materials and innovative pharmaceuticals, with over 180 national-level specialized "little giant" enterprises [3]. Financial Projections - The report forecasts EPS for 2025, 2026, and 2027 to be 0.23 yuan, 0.41 yuan, and 0.58 yuan respectively, with a target price of 10.47 HKD based on a P/B ratio of 0.42 for 2025 [3][4].

3月28日，联想控股(03396.HK)公布2024年年报，公司实现收入5,128.06亿元（人民币，下同），同比增长17.61%，实 现归母净利润1.33亿元，扭亏为盈。归母净利润大幅提升主要由于1）产业运营板块的联想集团业绩同比大幅提升； 2）受益于市场回暖，产业孵化与投资板块的业绩得以改善。 联控的归母净利润从23年亏损38.7亿元回升到24年的盈利1.33亿，同比大幅改善。然而，如果仅看归母净利润这一指 标，很容易因金额较小而对其趋势产生误解，那么联想控股是否真的处于趋势好转之中呢？ 如果要看到真正的全貌，我建议去看联控的税前利润，那将更加清晰。 下图是联想控股以半年为长度的税前利润表现情况，我们可以看到从21年上半年公司业绩达到顶点以后，就进入了下 行周期，一路下滑至23年底。而进入24年，我们看到税前利润已经有了明显的回升迹象，因此业绩上升的趋势性拐点 已经出现。 联想控股业务众多，但是抓重点的话，对联想控股利润影响最大的业务实际上是联想集团和基金投资这两个核心业 务。联想集团的业绩受到AI周期带动进入新一轮的上行周期，持续性和确定性都很强，在AI PC、win10停更、 deepseek爆发推动 ...

在加速发展新质生产力，落实高质量发展的时代背景下，创新能力和对创新的投入，也成为了决定一家 企业能否抓住机遇，实现新的增长和突破的关键因素。联想控股(03396)今天公布的2024年度业绩显 示，凭借创新驱动的发展战略和在科创领域的长期布局投入，这家公司正在走出短期的波动，实现了业 绩的大幅回升。 2024年业绩报告显示，联想控股全年收入5128.06亿元（人民币，下同），同比增长18%；实现合并净 利润76.83亿元，归属于公司权益持有人净利润1.33亿元，实现了扭亏。 报告期内，联想控股旗下各基金平台持续深耕新兴产业与未来产业，新增投资项目超百个，涵盖人工智 能、量子计算、生物技术、新能源、半导体芯片、机器人、大数据与云计算、医疗健康、新材料等关键 领域，不仅助力突破技术瓶颈、实现产品创新与商业化落地，还推动相关产业的技术进步与升级。其中 在市场较为关注的具身智能领域，联想控股体系投资企业近40家。 此外，联想控股还将视野投射到更前沿的技术领域，通过自主技术攻坚形成核心专利集群，以前瞻技术 研究院为核心，通过与19家顶尖机构建立IP共创生态圈，挖掘了数百项核心技术;与高校联名申请专利 并开始布局科技创新催 ...

Financial Performance - Lenovo Holdings achieved a revenue of RMB 512.81 billion for the year ending December 31, 2024, representing an 18% increase year-over-year[5]. - The industry operations segment generated revenue of RMB 508.20 billion, also reflecting an 18% year-over-year growth[6]. - Net profit attributable to equity holders of Lenovo Holdings was RMB 1.33 billion, showing significant improvement compared to a loss of RMB 3.87 billion in the previous year[5]. - The industry operations segment's net profit reached RMB 39.63 billion, marking a 29% increase year-over-year[6]. - The overall business performance showed a substantial rebound, indicating a strong recovery trajectory[5]. - The total revenue for the company and its subsidiaries reached RMB 512,806 million in 2024, an 18% increase from RMB 436,012 million in 2023[19]. - Lenovo Group's revenue grew by 19% to RMB 468,886 million in 2024, up from RMB 392,493 million in 2023[19]. - Lenovo Group's net profit contribution surged by 74% to RMB 3,440 million in 2024, compared to RMB 1,982 million in 2023[21]. - The company reported a significant reduction in losses from its incubation and investment segment, contributing to the overall profitability improvement[24]. - The company reported a net profit attributable to equity holders of RMB 133,231 thousand for 2024, a significant improvement from a loss of RMB 3,874,279 thousand in 2023[178]. Market Position and Strategy - Lenovo maintained a leading position in the global PC market with a market share of 24.3%[6]. - The company emphasized the importance of innovation and strategic resilience in navigating global economic uncertainties[6]. - Lenovo's focus on new product development and market expansion is aligned with its long-term strategic goals[5]. - The company aims to enhance its risk resistance capabilities while integrating into high-quality development initiatives[5]. - Lenovo's investment in artificial intelligence and technology advancements is expected to drive future growth and operational synergy[6]. - The company aims to strengthen investment in computing infrastructure and low-carbon technology development to support green transformation[15]. - The company is committed to enhancing risk management mechanisms and ensuring healthy cash flow amid a complex economic environment[16]. Product Development and Innovation - Lenovo Group has established a comprehensive intelligent technology system covering "end-edge-cloud-network-intelligence" and launched a series of innovative AI PCs during the reporting period[11]. - The new AI PC category captured 15% of the Chinese laptop market in Q4, exceeding market expectations[7]. - The company added over 100 new investment projects in key areas such as artificial intelligence, quantum computing, and biotechnology during the reporting period[12]. - The company aims to deepen the integration of artificial intelligence with the real economy, focusing on technology innovation and industrial upgrading[15]. - The company is focusing on the development of next-generation AI solutions and has launched a full-stack product matrix including edge computing devices and high-performance computing clusters[40]. Operational Efficiency and Cost Management - The operating profit margin for the smart device business increased to 7.3%, with a nearly 5 percentage point expansion in competitive advantage[7]. - The revenue from the service business, a key focus of strategic transformation, maintained double-digit year-on-year growth with an operating profit margin stable above 20%[7]. - The company plans to enhance operational efficiency through cost structure optimization and strategic partner collaboration, aiming for sustainable growth and improved profitability[40]. - The company reported a significant increase in receivables, with accounts receivable and notes receivable totaling RMB 83,747,440 thousand in 2024, up from RMB 73,920,969 thousand in 2023[127]. Investment and Financial Management - Luxembourg International Bank reported a net profit of €170 million, with assets under management increasing to €46.8 billion and customer deposits rising to €18.8 billion[7]. - The bank's core Tier 1 capital adequacy ratio was 13.04%, and the liquidity coverage ratio was 200%, demonstrating strong risk resilience[7]. - The company is involved in various sectors, including smart devices, new materials, modern agriculture, and comprehensive banking services[145]. - The investment segment focuses on private equity and venture capital investments, indicating a strategic approach to growth and diversification[146]. - The company has proposed no final dividend for the year ended December 31, 2024, consistent with the previous year[119]. Challenges and Future Outlook - The company reported a net loss of RMB 554,396 thousand from other losses/earnings, which included various operational challenges[167]. - The company is exploring strategic partnerships to enhance its service offerings and improve customer retention rates[10]. - Future guidance suggests a projected revenue increase of 14,778,452 thousand yuan, indicating optimism for upcoming quarters[157]. - The company aims to improve its financial performance by reducing net losses by 523,390 thousand yuan in the next fiscal year[157].

Financial Performance - Legend Holdings reported a revenue of RMB 15.2 billion for the first half of 2024, representing a year-on-year increase of 12%[1]. - The company achieved a net profit of RMB 2.5 billion, up 15% compared to the same period last year[1]. - Total revenue for the six months ended June 30, 2024, reached RMB 233,364 million, a 16% increase from RMB 201,286 million in the same period of 2023[7]. - The net profit attributable to equity holders for the six months ended June 30, 2024, was RMB 286 million, down 57% from RMB 668 million in the same period of 2023[8]. - Lenovo Holdings achieved revenue of RMB 233,364 million, a year-on-year increase of 16%[13]. - Net profit attributable to equity holders of the company was RMB 286 million, a decline of 57% year-on-year, primarily due to market volatility and adverse investment conditions[13]. - The company reported a net profit of -1,547,337 thousand RMB for the six months ended June 30, 2024, compared to -2,215,287 thousand RMB in the same period last year, indicating an improvement[96]. - The profit before tax for the first half of 2024 was CNY 3,118,968, compared to CNY 2,384,935 in the first half of 2023, indicating an increase of about 30.8%[132]. Revenue Guidance and Growth - The company has set a revenue guidance of RMB 32 billion for the full year 2024, reflecting an expected growth of 10%[1]. - User data indicates a growth in active users by 20% to 5 million across its digital platforms[1]. - New product launches in the AI sector contributed to a 25% increase in sales within that segment[1]. - The revenue of Joyvio Group grew by 8% year-on-year to RMB 16,185 million, driven by its fruit business[16]. - The company is focusing on emerging industries such as quantum technology and life sciences, aiming to build new pillars of industrial growth[12]. Research and Development - Research and development expenses increased by 30% to RMB 1.2 billion, emphasizing the commitment to innovation[1]. - Research and development investment increased by 3.4% to RMB 7.3 billion, with significant breakthroughs in AI PC and multiple AI servers launched[11]. - The company has invested in nearly 40 technology projects, supporting national technological self-reliance and innovation[11]. - Lenovo Group's R&D investment increased by 3% year-on-year, reflecting its commitment to technological innovation[15]. - The company is committed to enhancing its research and development capabilities in new technologies to maintain competitive advantage in the market[131]. Market Expansion and Strategic Acquisitions - Legend Holdings is expanding its market presence in Southeast Asia, targeting a 15% market share by the end of 2025[1]. - The company is actively pursuing strategic acquisitions, with a focus on technology firms, aiming to complete at least two acquisitions by the end of 2024[1]. - The company is exploring partnerships with international firms to bolster its global supply chain resilience[1]. - Lenovo Group plans to enhance its AI capabilities and expand its product offerings in the non-PC segment, focusing on electronic accessories and collaborative office solutions[22]. Financial Position and Assets - The company's total assets as of June 30, 2024, amounted to RMB 678,942 million, reflecting a 2% increase from RMB 665,733 million as of December 31, 2023[9]. - The total cash and cash equivalents as of June 30, 2024, were RMB 71,837 million, an increase from RMB 63,782 million as of December 31, 2023[62]. - Total liabilities rose to RMB 580,608,455 thousand as of June 30, 2024, from RMB 565,613,611 thousand as of December 31, 2023, marking an increase of around 2.00%[94]. - The company's total liabilities increased by approximately 4.0% from CNY 558,000,000 in 2023 to CNY 580,608,455 in 2024[134]. Cash Flow and Investments - Operating cash flow for the six months ended June 30, 2024, was RMB 20,443,880 thousand, a significant increase from RMB 1,661,064 thousand in the same period of 2023, resulting in a net cash inflow of RMB 17,853,549 thousand compared to a net outflow of RMB 1,972,096 thousand in 2023[97]. - Cash used in investing activities amounted to RMB 3,653,802 thousand, an increase from RMB 1,893,723 thousand in the previous year, primarily due to higher investments in property, plant, and equipment[97]. - The company reported a total cash and cash equivalents balance of RMB 67,628,357 thousand at the end of the period, compared to RMB 66,247,418 thousand at the end of June 2023, indicating a positive cash flow trend[98]. Employee and Operational Metrics - As of June 30, 2024, the company employed approximately 86,948 staff, emphasizing the importance of building a high-performance team to support strategic and business development[74]. - Employee benefits expenses for the six months ended June 30, 2024, were RMB 22,428,728 thousand, up from RMB 20,949,813 thousand in 2023, indicating a growth of about 7.1%[139]. Financial Risks and Management - The company faces various financial risks, including market risk (foreign exchange, interest rate, and price risks), credit risk, and liquidity risk, with a focus on minimizing potential adverse impacts on financial performance[111]. - The company closely monitors foreign currency-denominated assets and liabilities to mitigate foreign exchange risk, utilizing forward foreign exchange contracts when necessary[112]. - Credit risk primarily stems from loans issued by Luxembourg International Bank and non-banking subsidiaries, with internal credit risk ratings used to assess default probabilities[115]. Shareholder Information - Major shareholder Guokai Holdings holds 684,376,910 domestic shares, representing 63.11% of the domestic shares and 29.04% of the total issued shares[88]. - The company has a stock option plan approved on June 13, 2019, with an exercise price of HKD 16.856, valid from January 1, 2021, to December 31, 2025[84].