Financial Performance - Lenovo Group reported a revenue of 498.5 billion yuan for the fiscal year ending March 31, 2025, representing a year-on-year growth of 21.5% and a net profit increase of 36% to 10.4 billion yuan [2] - The revenue from non-PC businesses increased by nearly 5 percentage points, reaching 47% of total revenue [2] - The Intelligent Devices Group (IDG) achieved double-digit revenue growth, with a 13% year-on-year increase in the fourth quarter [2] Market Position and Trends - Lenovo's PC business accounted for 23.7% of the market share, widening the gap with the second competitor by 3.6 percentage points [2] - AI PCs represented 16% of total notebook sales in the Chinese market, with IDC forecasting a 4% year-on-year growth in PC shipments for 2025, driven by AI PC demand [2] Infrastructure and Services Growth - The Infrastructure Solutions Group (ISG) generated 104.8 billion yuan in revenue, with a 63% year-on-year increase in the fourth quarter, marking the second consecutive quarter of profitability [3] - The Solutions and Services Group (SSG) also saw double-digit revenue growth, with a nearly 20% increase in the fourth quarter and an operating profit margin exceeding 21% [3] Global Operations and Supply Chain - Lenovo has established an end-to-end global operational system, with over 30 manufacturing bases across 11 markets, enhancing its supply chain capabilities [4] - The company has adopted a "China + N" manufacturing strategy to leverage cost advantages while meeting local customer demands and mitigating high tariff barriers [4] Future Outlook - Lenovo's CEO expressed confidence in the potential for improved US-China trade relations, which could provide greater certainty for global businesses [4]