

Core Viewpoint - Lenovo Group reported strong financial results for the first quarter of the fiscal year 2025/26, with significant year-on-year growth across all major business segments, driven by advancements in artificial intelligence [1][2] Financial Performance - Revenue for the first quarter reached $18.83 billion, a 22% increase year-on-year [1] - Gross profit amounted to $2.774 billion, reflecting an 8% year-on-year growth [1] - Net profit attributable to equity holders was $505 million, marking a substantial 108% increase year-on-year [1] - Basic earnings per share were $0.0412 [1] Business Segments Growth - The Intelligent Devices Group (IDG) generated revenue of 97.3 billion RMB, a year-on-year increase of 17.8%, with the PC business achieving its fastest growth in 15 quarters [2] - The Infrastructure Solutions Group (ISG) saw a robust revenue growth of 35.8% [2] - The Solutions and Services Group (SSG) reported a revenue increase of 19.8%, reaching a new high, with an operating profit margin of 22.2% [2] Investment in R&D - The company increased its R&D investment by 10% year-on-year, enhancing its mixed artificial intelligence strategy and strengthening its product portfolio's AI capabilities [1]