LENOVO GROUP(HK:00992) Zheng Quan Ri Bao Zhi Sheng·2025-08-15 07:40Core Viewpoint - Lenovo Group achieved significant growth in its China operations for the first quarter of the 2025/26 fiscal year, with both revenue and profit seeing substantial increases, driven by a strong focus on AI strategies and a shift towards non-PC business segments [1][2]. Group 1: Financial Performance - Lenovo's China operations reported a 36% year-on-year increase in revenue and a 43% increase in profit for the first fiscal quarter [1]. - Non-PC business revenue surpassed 54% of total revenue, marking a historic milestone for the company [1]. - The Intelligent Device Group (IDG) maintained a high market share in PCs, achieving record highs during the same period [1]. - The Intelligent Infrastructure Group (ISG) saw a 72% year-on-year revenue growth, with server revenue increasing by 81% [1]. - The Solutions and Services Group (SSG) also reported over 20% year-on-year growth in both revenue and profit [1]. Group 2: AI Strategy and Innovations - Lenovo is heavily investing in personal intelligence through the Tianxi personal super-intelligent system, which enhances the IDG business [2]. - The Tianxi system was officially launched in May and has been integrated into Lenovo's personal cloud, facilitating a new generation of human-computer interaction [2]. - Lenovo's AI PCs sold over 1 million units in the previous fiscal year, with sales in the current quarter nearing last year's total, accounting for over one-third of total notebook sales in China [2]. - In enterprise intelligence, Lenovo is innovating in AI infrastructure and solutions, introducing liquid cooling technologies and the Lenovo Wanquan AI all-in-one machine, which achieves a throughput of over 12,000 tokens per second [2]. Group 3: Market Expansion and Services - Lenovo is expanding its offerings for government and enterprise clients with solutions like xCloud smart cloud, ESG, and full-cycle AI services [3]. - For small and medium-sized enterprises, Lenovo is leveraging the Baiying intelligent system to enhance IT operations, AI office tasks, and AI marketing, aiming for cost reduction and efficiency improvements [3].