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Lenovo Group CFO Zheng Xiaoming states that net profit margin will double to over 5%.
On April 1st, Lenovo Group’s 2026/27 fiscal year rally conference was held in Beijing. Lenovo Group’s Chief Financial Officer Zheng Xiaoming revealed at the meeting that the company’s strategic goal is to achieve over $100 billion in revenue and a net profit margin of more than 5% within two years, as well as a comprehensive transformation into an AI-native company. Lenovo Group’s Q3 report for the 2025/26 fiscal year shows an adjusted net profit margin of approximately 2.7% (report-based net profit margin of about 2.5%). This means that Lenovo Group’s net profit margin could potentially double in the next two years. Zheng Xiaoming believes that the path to improving the group’s profitability is clear. Taking the storage company Infinidat, acquired in 2025, as an example, its gross profit margin can reach 70%–85%. Additionally, smart vehicles, robots, and Agentic AI are also opening up development prospects for the company. (People’s Financial News)