The performance of Lenovo Group in the first quarter of the 2026/27 fiscal year was nothing short of remarkable, surpassing all expectations. The company's revenue soared by 43% year-on-year, reaching a staggering RMB 183.4 billion. Its adjusted net profit also broke new ground, exceeding US$1 billion for the first time and marking a significant 176% increase from the previous year. Particularly noteworthy is the performance of its AI-related businesses, which witnessed a remarkable surge of over 60% year-on-year, contributing RMB 63.4 billion to the group's total revenue and accounting for a substantial 35% share.
