近日，全球商业权威杂志《快公司》(Fast Company)正式发布第七届"全球创新者最佳工作场所"年度榜 单。其中，联想集团(00992)凭借在AI技术落地、员工创新赋能领域的突破性进展，这是联想连续两年 跻身该全球榜单。同时，联想集团成功入选"AI创新赋能标杆企业"，该类别仅10家企业入围，与 Adobe、IBM、强生等国际知名企业一同站上全球职场创新的荣誉舞台。 本届《快公司》"创新者最佳工作场所"榜单覆盖范围广泛，囊括娱乐、生物科技、快消品、营销、教 育、医疗健康等多个核心领域，最终从近1000家参评企业中筛选出100家兼具创新实力与文化氛围的典 范机构。参评企业需详细阐述在创新投入、内部项目建设及企业文化塑造等多个维度的具体举措。先由 《快公司》编辑团队对所有参评企业展开全面评估与深度调研，为每家企业打分;随后，一支专业评审 团将对高分企业进复核，确定最终榜单，全程确保评选的权威性与公正性。 联想对研发的持续深耕是其跻身标杆的关键支撑。《快公司》在榜单点评中特别指出，"目前，联想已 在全球布局18个研发中心及4个AI创新中心。"构建起覆盖多区域、多领域的技术研发网络，为AI技术 突破与场景落地提供坚 ...

FF301 第 1 頁 共 11 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00992 | | 說明 | 港幣櫃台 | | | | | | 多櫃檯證券代號 | 80992 | RMB 說明 | | 人民幣櫃台 | | | | | | | | 已發行股份（不包括庫存股份）數目 | | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | | 12,404,659,302 | | 0 | | 12,404,659,302 | | 增加 / 減少 (-) | | | | 0 | | 0 | | | | 本月底結存 | | | | 12,404,659,302 | | 0 | | 12,404,659,302 | 第 2 頁 共 11 頁 v 1.1.1 FF301 股份發行人及根據《上市規則》第十九B章上市的香港 ...

实践案例 文/华夏ESG观察联盟 企业介绍 联想集团是一家全球化企业，2024/25财年全年收入达4985亿元人民币，服务遍布全球180个市场数以百 万计的客户。联想构建从口袋到云端的计算能力，现已拥有包括人工智能赋能、人工智能导向和人工智 能优化的终端、基础设施、软件、解决方案和服务在内的完整产品路线图，包括个人电脑、工作站、智 能手机、平板电脑等终端产品，数据中心、存储、边缘计算、高性能计算以及软件定义等基础设施产 品。联想集团在香港交易所上市（港交所：992）（美国预托证券代号：LNVGY）。 针对处于不同减碳阶段的供应商，联想实施分级管理策略，根据供应商的碳排放管理成熟度、影响力及 实施意愿，提供差异化支持，推动供应链整体气候行动取得实效。该计划目前已推动占采购额96%供应 商设定公开减排目标。 绿色采购方面，联想积极搭建绿电生态联盟，采购碳信用抵消助力产品碳中和认证，以及推行绿色差旅 等举措，在多场景落实减碳行动。2024年，联想在广东开展绿电集采试点，联合4家联想供应商工厂和 联想南方智能制造基地，共采购绿电4600万度绿电，减排约3万吨二氧化碳，并将供应商绿电采购量纳 入供应链绩效考核。 在供应 ...

Core Insights - Alibaba Group's CEO, Wu Yongming, outlined the core strategic path for Alibaba Cloud in the AI era, focusing on open-source initiatives and the development of a "super AI cloud" to provide intelligent computing power globally [1] - The company is investing 380 billion yuan (approximately 53.5 billion USD) over three years to build AI infrastructure, aiming for a tenfold increase in global data center energy efficiency by 2032 [2] - Lenovo, as a leading global ICT infrastructure provider, is positioned to benefit significantly from Alibaba's strategic plans, showcasing its "full-stack AI" solutions at the 2025 Cloud Summit [1][2] Investment Opportunities - Lenovo's server business is expected to enter a "super order cycle" due to Alibaba's substantial investment in AI infrastructure, with Lenovo's server revenue growth reaching 74.8% globally and over 35% market share in China's AI cloud server market [2][3] - Lenovo's sixth-generation Neptune liquid-cooled servers can reduce data center power consumption by 40%, aligning with Alibaba's energy optimization goals [2] - In the first quarter of the new fiscal year, Lenovo's AI infrastructure business revenue grew by 155% year-on-year, driven by orders from Alibaba and ByteDance [3] Strategic Collaborations - Alibaba emphasized the "end-cloud collaboration" strategy, with Lenovo's terminal layout complementing Alibaba's AI model, enabling local operation and cloud updates [4] - Lenovo's AI PCs, which account for 27% of total notebook shipments in China, are designed to seamlessly integrate with Alibaba's AI services, presenting new market opportunities [4] - The collaboration between Lenovo's hybrid AI framework and Alibaba's AI model accelerates the transition from technology to application, enhancing both companies' positions in the AI industry [5] Long-term Outlook - The 380 billion yuan investment is expected to drive a surge in Lenovo's server orders and enhance profitability through liquid cooling technology [5] - In the long term, Lenovo's advantages in terminal access, data closure, and ecosystem collaboration will position it as a core partner in Alibaba's AI transformation [5] - Lenovo is poised to experience dual growth in performance and valuation in the burgeoning AI industry, leveraging its hardware capabilities and ecosystem positioning [5]

9月24日，阿里巴巴集团CEO吴泳铭在云栖大会上，明确阐述了AI时代下阿里云的核心战略路径：第 一，通义千问坚定开源开放路线，致力于打造"AI时代的Android"；其二，构建作为"下一代计算机"的 超级AI云，为全球提供智能算力网络。为支撑这一宏大愿景，吴泳铭表示，阿里巴巴正在积极推进三 年3800亿的AI基础设施建设计划，并将会持续追加更大的投入。 阿里不仅勾勒出AI产业的发展蓝图，更让产业链上下游企业迎来确定性机遇。其中，作为全球ICT基础 设施龙头的联想集团，携"全栈AI"亮相2025云栖大会，展示了涵盖AI终端、AI基础设施再到AI解决方 案及服务的全场景算力产品、方案和服务。凭借与阿里在算力底座、端云协同、生态共建等领域的深度 绑定，联想将成为此次战略布局中最具受益潜力的企业之一。 联想服务器业务迎"超级订单周期" 阿里云栖大会明确提出，未来三年将投入3800亿元用于AI基础设施建设，目标实现2032年全球数据中 心能耗较2022年提升10倍，重点聚焦GPU集群、液冷技术及全栈软硬协同。这一"算力扩张计划"直接打 开了服务器市场的增长空间，而联想早已凭借技术积累和合作优势占据先机。 AI PC与智 ...

Core Insights - Lenovo Group has been recognized in Forbes China's 2025 "Top 30 Chinese Enterprises in International Operations" list due to its scalable overseas revenue, technology-driven growth model, and global collaboration capabilities [2][3] - The average overseas revenue growth for the listed companies is 63.2%, with a median contribution of 45.5% from overseas revenue, while Lenovo's overseas revenue for the fiscal year 2024 reached 381.67 billion RMB, accounting for 77% of its total revenue, significantly higher than most listed companies [2] - Lenovo maintains a leading position in the global PC market with a 23.7% market share and has achieved the highest sales in the AI PC category within the Windows AI PC segment, which is a key driver for overseas consumer revenue growth [2] Business Strategy - Lenovo's international operations are not reliant on a single product but are based on a "hybrid AI" strategy that encompasses a global business ecosystem covering consumer terminals and enterprise services, distinguishing it from other companies on the list [3] - By deepening its presence in overseas markets, Lenovo effectively integrates global resources to benefit the domestic market, with approximately 80% of its manufacturing, 70% of its R&D personnel, and 60% of its employees based in China, while over 70% of its revenue comes from overseas [3] Future Outlook - As global AI technology transitions from a "competition phase" to a "implementation phase," Lenovo's international operations have significant expansion potential [3] - The demand for AI PCs is expected to continue growing, with IDC predicting that by 2025, AI PC shipments will account for over 40% of total PC shipments, allowing Lenovo to further increase its overseas market share [3] - The application scenarios for hybrid AI in industries such as manufacturing, healthcare, and education are expected to diversify, enabling Lenovo to leverage its global R&D and supply chain network to replicate its domestic technological experiences in international markets, forming a new growth logic of "global technology collaboration and regional market customization" [3]

Group 1 - Forbes China recently released the "Top 30 Chinese Enterprises in Global Operations" list for 2025, with Lenovo Group (00992) recognized for its large-scale overseas revenue, technology-driven growth model, and global collaboration capabilities in branding, supply chain, and R&D [1] - The average overseas revenue of the 30 listed companies increased by 63.2%, with a median contribution ratio of 45.5%. Lenovo's overseas revenue for the fiscal year 2024 reached 381.67 billion RMB, accounting for 77% of its total revenue, with a year-on-year growth rate of nearly 21.5% [1] - Lenovo's overseas revenue is significantly higher than many listed companies, being 56 times that of high-growth companies like NewEase (300502) and showing a notable advantage compared to BYD (002594) [1] Group 2 - Lenovo's global competitiveness is supported by its core business areas, with a global market share of 23.7% in the PC business for fiscal year 2024, maintaining industry leadership. Lenovo's AI PCs have become the top seller in the Windows AI PC category, driving overseas consumer revenue growth [2] - Lenovo's multinational operations are not reliant on a single product but are based on a "hybrid AI" strategy that encompasses a global business ecosystem covering consumer terminals and enterprise services, distinguishing it from other listed companies [2] - Lenovo's strategy aligns with the Forbes list's focus on companies advancing globally in branding, supply chain, and R&D, with AI PC sales enhancing its global recognition as a "smart terminal leader" [2] Group 3 - By deepening its overseas market presence, Lenovo effectively integrates global resources while benefiting the domestic market, with approximately 80% of its manufacturing, 70% of R&D personnel, and 60% of employees based in China, while over 70% of its revenue comes from overseas [3] - Lenovo has been recognized 11 times on the Gartner Top 25 global supply chain list, ranking eighth globally and remaining the only high-tech manufacturing company from Asia-Pacific in the top ten for four consecutive years [3] - Lenovo's inclusion in the list provides a new reference path for the globalization of Chinese tech companies, showcasing its unique approach of transitioning from "scale expansion" to "value cultivation" through a closed loop of "technology iteration - product innovation - ecosystem collaboration" [3] Group 4 - Looking ahead, Lenovo's multinational operations have significant expansion potential as global AI technology transitions from a "competition phase" to a "implementation phase." The demand for AI PCs is expected to continue growing, with IDC predicting that AI PC shipments will account for over 40% of total PC shipments by 2025 [4] - Lenovo's first-mover advantage positions it well to further expand its overseas market share, while the hybrid AI applications in various sectors such as industry, healthcare, and education will allow Lenovo to replicate its domestic technology implementation experience overseas [4]

Core Insights - Lenovo Group has been recognized in Forbes China's 2025 "Top 30 Chinese Enterprises in Global Operations" list due to its substantial overseas revenue, technology-driven growth model, and global collaboration capabilities in branding, supply chain, and R&D [1][3] Group 1: Financial Performance - Lenovo's overseas revenue for the fiscal year 2024 reached 381.67 billion RMB, significantly exceeding many listed companies, with a 77% contribution to total revenue and a year-on-year growth rate of nearly 21.5% [1][3] - The average overseas revenue growth for the 30 listed companies was 63.2%, with a median contribution ratio of 45.5%, highlighting Lenovo's superior performance [1][3] Group 2: Market Position - Lenovo holds a global market share of 23.7% in the PC business, maintaining its industry-leading position, and its AI PC sales have become the highest in the Windows AI PC category [3][4] - Lenovo's overseas revenue is 56 times that of some high-growth companies in the list, showcasing its significant scale compared to competitors like BYD [3][4] Group 3: Strategic Advantages - Lenovo's "Hybrid AI" strategy integrates terminal consumption and enterprise services, differentiating it from other companies on the list [3][4] - The company has over 30 manufacturing bases globally, including a "lighthouse factory" in Monterrey, Mexico, marking a significant achievement for a Chinese enterprise in the Americas [4] Group 4: Future Outlook - The demand for AI PCs is expected to continue growing, with IDC predicting that by 2025, AI PC shipments will account for over 40% of total PC shipments, providing Lenovo with opportunities to expand its overseas market share [5] - Lenovo aims to replicate its domestic technology implementation experiences in international markets, fostering a new growth logic of "global technology collaboration and regional market customization" [5]

Core Insights - Forbes China recently released the "Top 30 Chinese Enterprises in Global Operations" for 2025, with Lenovo Group (00992.HK) recognized for its substantial overseas revenue, technology-driven growth model, and global collaboration capabilities in branding, supply chain, and R&D [1][3] Group 1: Financial Performance - The average overseas revenue of the 30 listed companies increased by 63.2%, with a median contribution of 45.5% from overseas revenue [1] - Lenovo's overseas revenue for the fiscal year 2024 reached 381.67 billion RMB, significantly exceeding most listed companies, with a 77% revenue share and a year-on-year growth of nearly 21.5% [1][3] - Lenovo's overseas revenue is 56 times that of some high-growth companies on the list, showcasing its substantial scale compared to industry peers [3] Group 2: Competitive Positioning - Lenovo's global market share in the PC business reached 23.7% in fiscal year 2024, maintaining its industry leadership [3] - The company's AI PC sales have become the highest in the global Windows AI PC category, driving growth in overseas consumer revenue [3][4] - Lenovo's "Hybrid AI" strategy differentiates it from other companies by creating a global business ecosystem that spans consumer terminals and enterprise services [3][4] Group 3: Global Strategy and Operations - Lenovo's strategy aligns with the Forbes criteria of companies advancing in branding, supply chain, and R&D on a global scale [4] - The company operates over 30 manufacturing bases worldwide, including a recently recognized "Lighthouse Factory" in Monterrey, Mexico, marking a significant achievement for a Chinese enterprise in the Americas [4] - Approximately 80% of Lenovo's manufacturing, 70% of R&D personnel, and 60% of employees are based in China, while over 70% of its revenue comes from overseas, illustrating a reciprocal relationship between domestic and global markets [4] Group 4: Future Outlook - As global AI technology transitions from a competitive phase to implementation, Lenovo's international operations have significant growth potential [6] - The demand for AI PCs is expected to continue rising, with IDC predicting that AI PC shipments will account for over 40% of total PC shipments by 2025, positioning Lenovo to expand its overseas market share [6] - The application of hybrid AI across various sectors such as industry, healthcare, and education will allow Lenovo to leverage its global R&D and supply chain network to replicate domestic technological successes internationally [6]

Group 1 - The World Economic Forum (WEF) and McKinsey & Company announced the latest list of "Lighthouse Factories" on September 17, highlighting Lenovo's manufacturing base in Monterrey, Mexico, as the first Chinese enterprise to achieve this recognition in the Americas [1]