Lenovo Holdings announced that based on the information currently available to the Board of Directors and the preliminary review of the Group's unaudited consolidated management accounts for the year ending December 31, 2024, the Group expects the net loss/profit attributable to the equity holders of the Company to range from a loss of approximately RMB800 million to a profit of approximately RMB300 million for the year. The net loss attributable to the equity holders of the Company in 2023 is RMB3.874 billion. The improvement in performance is mainly due to the significant year-on-year growth in the performance of Lenovo Group Limited and the year-on-year reduction in the investment business losses of the industry incubation and investment segments.