Group 1 - Lenovo Group reported a revenue of 498.5 billion RMB for the fiscal year 2024/25, representing a year-on-year growth of 21.5%, with a net profit of 10.4 billion RMB, up 36% year-on-year [1] - The Intelligent Devices Group (IDG) experienced double-digit revenue growth, with a 13% year-on-year increase in Q4, and Lenovo maintained its position as the global leader in PC market share at 23.7%, widening the gap with the second place by 3.6 percentage points [1] - Lenovo's AIPC category ranked first globally in the Windows AIPC segment, while the smartphone business achieved a record activation volume in Q4, with high-end models accounting for 25% of revenue [1] Group 2 - The Infrastructure Solutions Group (ISG) generated 104.8 billion RMB in revenue for the year, with a 63% year-on-year increase in Q4, marking its second consecutive quarter of profitability [1] - The Solutions and Services Group (SSG) also saw double-digit revenue growth for the year, with an operating profit margin exceeding 21%, and a nearly 20% year-on-year increase in Q4 revenue [1] - Lenovo is increasing its long-term investment in innovation, with R&D spending up 13% year-on-year and R&D personnel making up 27.8% of the workforce, an increase of 1.6 percentage points [2] Group 3 - Lenovo's Tech World 2025 event introduced a comprehensive matrix of super intelligent agents, including personal, enterprise, and city-level agents, along with a new generation of inference acceleration engines [2] - The company projects net profits of 1.665 billion USD, 1.874 billion USD, and 2.068 billion USD for the fiscal years 2026-2028, with respective year-on-year growth rates of 20%, 13%, and 10% [2] - Earnings per share (EPS) are expected to be 0.13, 0.15, and 0.17 USD per share for the same period, with corresponding price-to-earnings (PE) ratios of 9.20, 8.17, and 7.41 times based on the closing price of 9.50 HKD on May 23 [2]

混合式AI布局见实效。 本文为IPO早知道原创 作者｜Stone Jin 微信公众号｜ipozaozhidao 据IPO早知道消息，联想集团（HKSE：992）（ADR：LNVGY）于11月15日公布了截至2024年9 月30日的2024/25财年第二财季业绩。 在这一财季中， 联想集团营收1279亿人民币，同比增长近24%，所有主营业务营收均实现双位数 强劲增长；按照非香港财务报告准则，净利润近29亿人民币，同比增长48%；PC以外业务营收占比 近46%。 其中，集团核心主业个人电脑业务继续跑赢大市：营收同比增长12.1%，与第二名的全球市场份额 差距进一步拉大逾4个百分点。 AI PC这一划时代产品的销售亦呈超预期表现：在中国市场，具备五 个特性的AI PC目前已占到中国区笔记本电脑出货量双位数 。 随着混合式人工智能时代的大幕初启，AI生态系统正在加速演变的过程中。作为掌握最丰富的AI终端 入口和全球最庞大用户规模的厂商，联想通过不懈创新，打造差异化竞争优势，已展现了混合式人工 智能的领跑地位，致力于帮助越来越多的企业和个人用户打通AI普惠的"最后一公里"。 集团智能手机业务的澎湃成长动能在本财季得到进 ...