【992】Lenovo Yang Yuanqing: The 2025/26 fiscal year will be Lenovo's best year in history, with revenue expected to reach 560 billion RMB, setting a new record

Lenovo Group （00992） Held its 2026/27 fiscal year kickoff meeting, where Lenovo Group Chairman and CEO Yang Yuanqing officially announced that the just-concluded 2025/26 fiscal year has become the best year in Lenovo’s history, marking a strong start in Lenovo’s first battle as it ushers in a new decade of artificial intelligence (AI), bringing a great opening. Lenovo’s share price rose more than 2%, reaching a high of HK$9.45.

Regarding full-year performance, Yang Yuanqing gave an optimistic assessment, saying that full-year revenue will inevitably set a new historical record and is expected to reach RMB 560 billion.

Yang Yuanqing noted that in the first three fiscal quarters of the 2025/26 fiscal year, Lenovo achieved 18% revenue growth, up by about RMB 70 billion compared with the same period last year. Adjusted net profit exceeded RMB 10 billion, with a growth rate of 28%, higher than the revenue growth rate.

Yang Yuanqing disclosed that although it faces market cycle-driven fluctuations, Lenovo’s China business seized opportunities in AI and domestic substitution/industrialization, with revenue growing more than 20% year over year in the first three fiscal quarters, contributing to profit growth of more than 30%.

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