Lenovo Group achieved record-breaking performance in the 2025-2026 fiscal year, with annual revenue reaching RMB 589.9 billion, up 20.3% year-on-year, and adjusted net profit growing 42.1% year-on-year. The outperformance was primarily attributed to the commercialization of its Hybrid AI strategy, with AI-related businesses becoming the core growth engine. In the fourth fiscal quarter, AI-related revenue surged 84% year-on-year, accounting for 38% of total revenue; for the full fiscal year, AI-related revenue doubled, growing 105% year-on-year. All business segments achieved growth: In the IDG Intelligent Devices Group, AI PC revenue accounted for over half of total PC revenue, AI smartphone revenue achieved triple-digit growth, and new categories of AI-enabled devices were launched. In the ISG Infrastructure Solutions Group, AI server orders increased significantly, revenue achieved high double-digit growth, and backlog orders exceeded RMB 140 billion, driving the business to turn a profit. The SSG Solutions and Services Group also saw triple-digit growth in AI services revenue, with industry solutions covering multiple scenarios.