Yang Yuanqing: Lenovo's infrastructure wins super clients like Alibaba and ByteDance
At the Lenovo Group's 2025/26 fiscal year kick-off meeting, Chairman and CEO Yang Yuanqing stated that the soon-to-end fiscal year will be one of the best in the company's history. Despite the overall decline in the PC market, Lenovo's revenue and profit in the China region achieved over 20% growth. The company launched AI PCs in the personal intelligence sector, and its infrastructure business also made significant progress, with server revenue being three times that of the previous fiscal year, winning major clients such as Alibaba and ByteDance
According to the Zhitong Finance APP, on March 31, Lenovo Group (00992) held its 2025/26 fiscal year kick-off meeting at the Beijing Diamond Arena. Lenovo Group Chairman and CEO Yang Yuanqing stated that the current fiscal year, which is about to conclude, will be one of the best years in Lenovo's history. Despite the decline in the core PC business market in China, Lenovo's overall revenue and profit contribution achieved a year-on-year growth of over 20%. Yang Yuanqing summarized this achievement with the phrase "rare and valuable."
In the personal intelligence sector, Lenovo took the lead in launching an AI PC with five distinctive features, allowing "Yuanqi" to dominate the AI PC market in China and pushing the overall PC market share to a historic high. At the same time, the "Tianxi Intelligent System" was expanded and deployed to AI smartphones and AI tablets, solidifying the key link of "one body, multiple ends" in personal intelligence.
In terms of enterprise intelligence, the infrastructure business in China has made remarkable progress, with server revenue reaching three times that of the previous fiscal year, winning super clients like Alibaba (09988) and ByteDance, and breaking into the first tier of the Chinese market!
The solution service business is thriving, as they upgraded AI solutions and services through the Qingtian Intelligent IT Engine and launched China's first domain intelligent system for small and medium-sized enterprise clients—Lenovo Baiying, setting a benchmark.
China remains a top priority for Lenovo's global resource allocation, serving as the global headquarters, R&D center, and supply chain hub. Whether in R&D centers in Beijing, Shanghai, Shenzhen, and Chengdu, or manufacturing hubs in Hefei, Wuhan, Tianjin, Chongqing, and Shenzhen, the suppliers and partners surrounding Lenovo are not only an important part of global competitiveness but also provide an advantage in forming a fleet with Lenovo, setting sail together.
