根据IDC最新数据，2025年上半年中国IT服务市场规模达169.09亿美元，同比增长6.2%。在这一快速增 长的市场中，联想方案服务业务表现尤为突出，以5.72%的市场份额占据首位，市场领导地位更加稳 固。 更值得关注的是增速表现。数据显示，联想方案服务业务实现22%的同比增长，是行业平均增速的3.5 倍，并在八年内保持行业复合增速最快（20.1%）。2024年，联想方案服务正式夺得中国IT服务市场第 一，并在今年上半年（20251H）位居榜首、扩大领先，现如今，联想方案服务已成为联想长期利润与 增长的"压舱石"。业内人士认为，这印证了联想IT服务向AI服务转型成效显著。基于联想混合式AI优势 集，联想首创的智能体即服务（AaaS）交付模式正在成为行业新的主流模式，推动传统IT服务向 AIAgent技术商业化转型加速。联想已实现从一家设备厂商转型成为服务与解决方案提供商，主动拥抱 AI普惠新时代。 战略持续升级 面对国家政策驱动、市场高速增长和行业转型加速的三重机遇，联想方案服务业务主动求变，将AI解 决方案及服务战略全面升级为一擎四舰，依托擎天4.0，联想打造了由xCloud智能云、联想百应、联想 擎天和 ...

Core Insights - Lenovo Group reported a 22% year-on-year revenue growth for Q1 of the 2025/26 fiscal year, reaching 136.2 billion RMB, marking a historical high for the same period [1] - The company achieved a net profit of 2.816 billion RMB, also reflecting a 22% increase, demonstrating enhanced profitability and fulfilling its commitment to maintain competitiveness, market share, and profitability [1] - All three main business groups of Lenovo experienced double-digit growth, with the IDG smart devices group revenue at 97.3 billion RMB (up 17.8%), ISG infrastructure solutions group revenue growing by 35.8%, and SSG solutions services group revenue increasing by 19.8% [1] Business Performance - Non-PC business revenue now accounts for 47% of total revenue, indicating a more balanced growth structure and providing a solid foundation for the company's mixed AI strategy [1] - The AI infrastructure business saw a remarkable 155% year-on-year revenue growth, with strong order reserves and nearly 30% revenue growth in liquid cooling technology solutions [2] - In the Chinese market, ISG maintained rapid growth with a 76% revenue increase and a 3 percentage point improvement in operating profit margin [2] Market Position and Strategy - The SSG group achieved a record high revenue of 16.3 billion RMB, with a 19.8% year-on-year increase and an operating profit margin of 22.2%, solidifying its position as a core profit driver [2] - The smartphone business continued its growth trajectory with double-digit revenue growth, and Motorola maintained over 50% market share in the overseas foldable phone market [3] - Lenovo's long-standing operational excellence in the PC sector, along with its global supply chain and brand influence, has positively impacted its non-PC businesses, accelerating their growth [3] Future Outlook - Lenovo is positioned to break away from traditional PC giant labels, achieving diversified breakthroughs and sustainable growth in the AI era [4] - The company is leveraging its full-stack AI capabilities and mixed AI strategy to enhance value across personal and enterprise segments, driving towards a new growth peak [4]