Core Insights - Lenovo Group reported a significant revenue increase of 21.5% year-on-year, reaching 498.5 billion RMB, marking the second-highest revenue in its history [2][3] - The net profit under non-Hong Kong financial reporting standards surged by 36% to 10.4 billion RMB [2] - Lenovo's CEO expressed pride in the company's strong performance despite external challenges, emphasizing control over its strategic direction [5][6] Financial Performance - In the fourth quarter, Lenovo's overall revenue grew by 23%, with all main business lines achieving double-digit growth [3] - The Intelligent Devices Group (IDG) saw double-digit revenue growth, while the Infrastructure Solutions Group (ISG) experienced a remarkable 63% increase, successfully turning around losses in the second half of the fiscal year [3] - The Solutions and Services Group (SSG) also reported double-digit revenue growth, with an operating profit margin exceeding 21% [3] Research and Development - Lenovo increased its R&D investment by 13% year-on-year, with R&D personnel now accounting for 27.8% of the workforce, up by 1.6 percentage points [4] Strategic Initiatives - Lenovo introduced the concept of "super intelligent agents" following the launch of its first AI PC personal intelligent agent last year [5] - The company has established a global operational system covering product design, demand forecasting, procurement, manufacturing, sales, and service [5] - Lenovo maintains a "China + N" global manufacturing strategy, leveraging China's manufacturing advantages while also establishing over 30 factories in more than ten global markets to meet local customer needs [6] Investment Activities - Lenovo's venture capital arm, Legend Capital, has invested in over 240 specialized and innovative enterprises, with 43 of these companies successfully going public [10] - Legend Capital's investment in Hanbang Technology, a leading company in the chromatography purification equipment sector, has been highlighted, with the company recently listing on the STAR Market [8][9]

Core Insights - Lenovo Group reported a strong annual performance for the fiscal year 2024/25, with revenue reaching 498.5 billion RMB, a year-on-year increase of 21.5%, and net profit of 10.4 billion RMB, up 36% [1] - The company is demonstrating resilience and vitality in a complex global environment, with all four major regions showing double-digit growth [1] Revenue Growth - Revenue growth was driven by significant performance in key markets: the Americas (19%), EMEA (16%), China (26%), and Asia-Pacific (29%) [1][2] - The recovery in the Chinese market and high growth in the Asia-Pacific region were crucial for driving overall performance [1] Hardware Business Performance - Lenovo maintained its position as the global leader in PC shipments, with a market share increase to 23.7% [3] - The smartphone business achieved a 27% year-on-year growth, reaching a new high since the acquisition of Motorola, particularly strong in Asia-Pacific (179%) and EMEA (32%) [3] Service Transformation - The Solutions and Services Group (SSG) reported revenue exceeding 61 billion RMB, a 13% increase, with an operating profit margin of 21.1% [4] - The "solutions + as-a-Service" revenue accounted for nearly 60% of SSG's income, reflecting strong growth in both scale and profitability [4] AI Strategy - Lenovo has committed to a comprehensive AI strategy, increasing R&D investment by 13%, with R&D personnel making up 27.8% of the workforce [5] - The company aims to integrate AI technology into all aspects of its products, solutions, and services, creating a closed-loop innovation system [5][6] Global Manufacturing and Innovation - Lenovo has established over 30 manufacturing bases globally, covering more than 180 countries and regions [6] - The ongoing deepening of the AI strategy is expected to drive new growth opportunities and redefine Lenovo's role in the global technology ecosystem [6]

三大主业收入均创双位数增长，AI战略全面提速。 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 5月22日 公布 了 截至 2025年3月31日的2024/25财年全年及第四季度业绩 。 为加强在各个市场的竞争力，联想集团已构建起从产品设计、需求预测，到采购、制造、销售、服务 的端到端全球运营体系，形成高效闭环，并通过独特的 "ODM+模式"，在全球11个市场布局逾30 个自有或合作制造基地，形成"全球资源、本地交付"的供应链能力。 这一体系在当前充满不确定性 的环境中，赋予公司远超行业的灵活性与响应速度，确保能够比竞争对手更快适应变化、持续稳固市 场领先地位。 此外，联想还 持续加大对创新的中长期投入，全年研发投入同比增长 13%，研发人员占比达 27.8%，同比提升1.6个百分点，为把握AI时代的确定性机遇奠定了基础。继 2024 年发布首款 AI PC个人智能体的基础上， 联想 在近期率先提出 "超级智能体"概念，标志着 其 在构建 AI时代"智 能双胞胎"的实践中迈出关键一步。 ...

5月22日，联想集团（HKSE：992）（ADR：LNVGY）公布截至2025年3月31日的2024/25财年全年及第 四季度业绩：全年收入达到4985亿元人民币，实现同比21.5%的增长；非香港财务报告准则下的净利润 同比大增36%，达104亿元人民币。第四财季，集团所有主营业务实现双位数营收增长，驱动整体营收 同比增长23%，非香港财务报告准则下净利润同比提升25%。 从业务来看，三大核心业务当中，2024/25财年IDG智能设备业务集团在进一步提升运营利润率的同 时，整体营收实现双位数增长；ISG基础设施业务集团以63%的同比增长实现创纪录营收及大幅盈利改 善，下半财年成功扭亏；SSG方案服务业务集团继续以双位数的营收增长、超过21%的运营利润率。不 仅核心业务持续增长，其PC之外业务在总营收中占比提升近5个百分点，达到47%。 与此同时，公司在全球所有大区的营收全部实现双位数强劲增长，充分体现作为一家真正的全球化公司 的韧性与活力。"即使面对未来挑战，我们依然承诺：市场份额不掉，利润不掉。"联想集团董事长兼 CEO杨元庆坚定地表示。 为加强在各个市场的竞争力，联想集团已构建起从产品设计、需求预测，到采 ...

"即使面对未来挑战，我们依然承诺：市场份额不掉，利润不掉。"联想集团董事长兼CEO杨元庆表示。 分业务看，2024/25财年联想PC之外业务在总营收中占比提升近5个百分点，达到47%。三大核心业务当 中，IDG智能设备业务集团整体营收实现双位数增长；ISG基础设施业务集团同比增长63%，下半财年成 功扭亏；SSG方案服务业务集团营收双位数增长，运营利润率超21%。同时，联想全球所有大区营收全部 实现双位数增长。 研发方面，联想集团持续加大对创新的中长期投入，全年研发投入同比增长13%，研发人员占比达 27.8%，同比提升1.6个百分点。继去年发布首款AI PC个人智能体的基础上，联想集团提出"超级智能 体"概念。 新浪科技讯 5月22日中午消息，联想集团公布2024/25财年全年及第四季度业绩：全年收入4985亿元人民 币，同比增长21.5%，创历史第二高位。第四财季，集团所有主营业务实现双位数营收增长，驱动整体营 收同比增长23%，非香港财务报告准则下净利润同比提升25%。 另外，联想集团已构建起从产品设计、需求预测，到采购、制造、销售、服务的端到端全球运营体系， 并通过"ODM+模式"，在全球11个市场布 ...