Lenovo Group (00992.HK) released its first-quarter fiscal 2026/27 financial results on the afternoon of August 13. During the earnings call, Chairman and CEO Yang Yuanqing stated that the ISG Infrastructure Solutions Business Group has truly become a dual engine for growth and profitability for the company.

"Following our personal computers and smart terminals becoming market leaders, our AI and infrastructure businesses are also emerging as global market leaders," Yang said during the earnings call, noting that the first-quarter results of the new fiscal year have achieved three historic breakthroughs.

Breakthrough one: The infrastructure business is growing into a global market leader. After years of sustained investment in business transformation, optimizing business models, and advancing capability building, Lenovo's ISG business has firmly seized growth opportunities driven by surging demand for AI infrastructure.

Breakthrough two: As the sole official technology partner for the 2026 FIFA World Cup, Lenovo leveraged its AI technologies and solutions to support the largest and most complex FIFA World Cup ever, serving as an exemplary case of AI popularization. This significantly enhanced the company's brand image, successfully transitioning from a PC leader to an AI leader, while also strengthening customer relationships through the World Cup platform.

Breakthrough three: By accurately predicting supply shortages and cost increases, Lenovo leveraged its full-stack business scale, the unique "global resources, local delivery" model, a resilient global supply chain supported by strong supplier relationships, and the agility and efficiency of its end-to-end "R&D, manufacturing, supply, sales, and service" fully self-controlled operational model. The company successfully turned these constraints into competitive advantages.

According to the first-quarter fiscal 2026/27 financial results, as of June 30, 2026, Lenovo Group's revenue reached 183.4 billion yuan, a year-on-year increase of 43%; adjusted net profit exceeded 7.3 billion yuan, up 176% year-on-year; and the adjusted net profit margin reached 4%, nearly doubling year-on-year. Among these, the ISG Infrastructure Solutions Business Group's revenue nearly doubled year-on-year, with its operating profit margin rapidly improving to 9.1%.