Share the QR code with wechat scanning code < / P > < p > to friends and circles of friends < / P > < p > on April 6, the global oath conference of Lenovo Group for fiscal year 2022 / 23 was held in the global headquarters park of Lenovo in Beijing. Yang Yuanqing, chairman and CEO of Lenovo Group, said in his speech that Lenovo people have overcome the challenges of global epidemic, shortage of parts and geopolitics. In the first three quarters, the total turnover increased by 22% year-on-year, and the net profit increased by 76%. The revenue of the whole fiscal year is expected to reach a new milestone - more than 450 billion yuan < p > "like the country, Lenovo is entering a new stage of development. In the new stage, our primary task is how to successfully cross the cycle and strive to become a new Lenovo with stronger innovation ability, higher profit level, greater social value and higher quality development at the beginning of the next cycle." Yang Yuanqing proposed in his speech < p > Yang Yuanqing also said that by the end of fiscal year 23 / 24, the R & D investment of Lenovo Group will double on the basis of fiscal year 20 / 21. In the next five years, the total R & D investment of Lenovo Group will exceed 100 billion yuan < p > < / P > < p > the following is the transcript of Yang Yuanqing's speech: < / P > < p > Yang Yuanqing's keynote speech at the fy22 / 23 oath conference of Lenovo Group < / P > < p > Hello, little friends < p > it's time for us to prepare our troops once a year. The new year has begun, and we're going to start again < p > [performance improvement, plan ahead] < / P > < p > in the past fiscal year, we have overcome many challenges of global epidemic, shortage of parts and geopolitics. While giving full play to the power of science and technology to help people adapt to the life and work style under the new normal and the process of enterprise digitization and intelligence, we have achieved strong growth in performance. In the first three quarters, the total turnover increased by 22% year-on-year and the net profit increased by 76%! Our revenue in the whole fiscal year is expected to reach a new milestone - more than 70 billion US dollars and 450 billion yuan < p > this year, we deeply promoted the service-oriented intelligent transformation, and all businesses went hand in hand, making important contributions to the improvement of the company's performance. The newly established SSG solution service business has high profit and high growth. ISG infrastructure program business turned losses into profits and grew far beyond the city. The revenue and profit of our IDG personal computer business have reached a new high, and the profit margin has improved for 16 consecutive quarters. The smartphone business has made healthy profits and rapid growth for seven consecutive quarters. Our Lenovo venture capital has completed 48 new investments, invested in 15 chip design companies and added three IPOs < p > in this year, in the Chinese market, our base, we made concerted progress with "one Lenovo", which not only set a new high in revenue and profit, but also continued to make transformation and take the lead. Our solution service business has entered the top four in China's IT service market. The infrastructure solution business has grown rapidly at a rate of three times that of the market. More innovative businesses such as intelligent edge and consumer IOT have doubled, while the share of personal computers has constantly broken through an all-time high < p > despite the ups and downs of this year, we have crossed one milestone after another with real performance < p > while we rejoice in these achievements, we should also be soberly aware that the ability to hand over such answers can sometimes be boosted by potential. COVID-19 has accelerated the transformation process of digitalization and intellectualization, and we have grasped the growth opportunities brought by it. However, there is no endless high-speed growth. Any enterprise or industry has its own development cycle. We need to take a long-term road and plan ahead < p > not only that, we need to listen to expectations and live up to expectations while unswervingly walking out of the road in line with our own characteristics. Over the past 38 years, Lenovo has grown and expanded under the cultivation of the country. With today's scale and ability, Lenovo should more closely connect its own development with social welfare and undertake a higher mission < p > like other countries, Lenovo is also entering a new stage of development. We should earnestly study and implement the new development concept and build a new development pattern. In the new stage, our primary task is how to successfully cross the cycle and strive to become a new Lenovo with stronger innovation ability, higher profit level, greater social value and higher quality development at the beginning of the next cycle < p > [set up a ladder and cross the cycle] < / P > < p > the so-called "cycle" refers to the cycle after cycle that every enterprise and industry will experience: expansion, reaching the top, falling and reaching the bottom until the next round of expansion starts again. What successful enterprises need to do is to complete the spiral rise in one cycle after another < p > according to this law, for our industry, the dual reality of "post epidemic" and "post high-speed growth" will be a new stage of the current cycle. We should start from the time of high-speed growth, create a new growth engine as soon as possible through technological innovation and business model upgrading, so as to set up a ladder, More robust through the cycle < p > to this end, we should make every effort to build three pillars and strengthen two cornerstones < p > [three pillars, two cornerstones] < / P > < p > technological innovation < / P > < p > to establish a new growth engine, we should pay attention to it first and put it into action. When we grow to today's scale, when our ecological influence increases day by day, we shoulder higher and higher expectations. We should aim high and carry forward the theme of Lenovo's development, technological innovation, with the courage of breaking through the bridge, the determination of reborn and unprecedented strength < p > our innovative proposition is that we should become one of the leading enterprises in the global ICT industry, be the pioneer and enabler of intelligent transformation, and be committed to solving the common challenges faced by mankind < p > behind our ambition is the resource guarantee of real gold and silver: by the end of fiscal year 23 / 24, our R & D investment will double on the basis of fiscal year 20 / 21. In the next five years, our total R & D investment will exceed 100 billion yuan! At the same time, we plan to add 12000 hard core scientific and technological talents. In the past first year, nearly 5000 small partners have joined our R & D ranks < p > we will focus on the technical framework of "end edge cloud network intelligence", focus on the short-term, medium-term and long-term, and invest resources in three tracks. In addition to rapid market-oriented technology, we should also have basic research; In addition to continuousImproved technology requires breakthrough technological innovation < p > the first track focuses on the innovation of existing products, applications and business models in the next 1-2 years, including the innovation of equipment, key parts, applications and "everything serves" business model within each business framework. The track will be dominated by business groups < p > the second track focuses on the incubation business driven by new technology in the next 2-3 years. In addition to the familiar data intelligence and cloud network integration services, we have entered the incubation stage of innovation achievements in three fields this year. One is AR / VR technology based on meta universe application. We will focus on B2B and gradually build a complete ecosystem. The second is edge computing. We integrate the edge computing business scattered in various departments into a complete business and will continue to invest in the construction of full stack capacity. The third is the cloud service business. We will increase the technical investment in cloud native, intelligent operation and maintenance and multi cloud / hybrid cloud management platform to enable the whole life cycle of customers' cloud road. The three incubation businesses are led by business groups, and the research institute provides technical advice < p > the third track focuses on the core technology and emerging technology, focusing on the basic and breakthrough research in three years or even longer term, which will be led by the Research Institute. We will focus on the key technologies in the field of ICT such as the new generation of artificial intelligence and the next generation of communication protocols; We will also continue to explore new computing scenarios such as on-board computing and metauniverse, and accumulate the required core technologies; Based on the field of large-scale computing, we will also begin to explore basic research oriented to computing power sharing and data flow, such as private computing and diversified and heterogeneous advanced technology architecture, so as to focus on the long-term and serve the society and mankind < p > the three tracks have clear responsibilities and rights, and the resources are in place, so that we can not only seize the high profit and high growth opportunities in the existing market, but also expand to relevant technical fields and market segments. At the same time, we can create core technical advantages and establish a moat < p > service oriented transformation < / P > < p > another growth engine to be established through the cycle is the upgrading of business model, that is, the service-oriented transformation we have talked about for several years. Its success or failure will determine whether Lenovo can become a more profitable enterprise and upgrade from a hardware product manufacturer to a high-tech driven solution provider < p > we aim at global IT services, a large market that will exceed US $trillion in 2025. The service ability also tests whether we are truly customer-centered and can drive the sales of all businesses within the group < p > last year, we established the SSG solution service business group and launched the truscale brand of "everything serves". Recently, we have further straightened out the organizational structure according to the three types of services, clarified the leadership rights and responsibilities, and integrated sales resources according to the two lines of China and the world, so as to better achieve economies of scale < p > now, each of the three types of services has a clear goal and a clear strategic path. Support services should continuously improve the penetration rate of equipment services and expand a higher rate of privileged services. Operation and maintenance services, including "all services", should expand the scale and maintain a high profit margin. Project services and solutions should build system integration capabilities, accumulate knowledge, experience and capabilities of vertical industries, and launch more reusable solutions with their own intellectual property rights < p > although the transformation is led by SSG, it is the task of the whole company, so we should make service the stepping stone for the company's overall sales and the touchstone of customer focus < p > social value < / P > < p > the third pillar is also the focus of today's finale - corporate social value. Lenovo's social value is to serve the country, industry, people's livelihood and environment as the starting point, and make our contribution with the empowerment of scientific and technological innovation < p > we should be a good model of "double cycle". As a practitioner of "taking the domestic big cycle as the main body and the domestic and international double cycles promote each other", on the one hand, we should increase investment in domestic science and innovation, stimulate and meet new demand on the demand side with higher quality technology, products and service supply, and inject power into the expansion of domestic demand; On the other hand, we will continue to create more "made in China" and "smart" products to the global market < p > we should become the main force of high-quality development < p > high quality development means improving quality and efficiency. We should make full use of our own transformation experience to empower the digital and intelligent transformation and upgrading of all walks of life, and promote domestic industries, especially manufacturing, to move towards the middle and high-end of the international industrial chain < p > high quality development also means green development. Our vision is to achieve net zero emissions by 2050. We are working with the scientific carbon goal initiative to set more detailed goals and confirm the road map. Once this vision is realized, it means that we will complete the carbon neutralization task assigned to us by the state ten years in advance! We are stepping up the construction of new factories in Tianjin in accordance with the goal of "zero carbon factory". We will also guide and drive the upstream and downstream of the whole industrial chain to realize low-carbon transformation through green manufacturing and green supply chain system, and enable all walks of life to achieve low-carbon development through "endogenous and exogenous" < p > we will also help common prosperity with practical actions < p > common prosperity is the high-quality employment of all kinds of talents. Externally, we will expand the recruitment of white-collar, purple collar and blue collar workers; Internally, we will build a better "stage without ceiling", which will not only give everyone room to display their talents, but also let everyone have no worries at home. In the past winter vacation, I saw many colleagues take the children to the company, hand them over to the trusteeship class teacher, and then go to work happily. In the past year, we have won 24 best employer awards worldwide. Everyone works hard for a better life! My friends are doing their best for the company. I hope the company's love for you can also make you feel secure and at ease < p > common prosperity is also the common development of all kinds of enterprises. All along, we have been committed to supporting the development of small and medium-sized enterprises, driving the common growth of a large number of small and medium-sized suppliers, dealers and invested enterprises. Among the enterprises invested by Lenovo venture capital, specialization and innovation is the most important part. We have more than 200 suppliers (220) and 60000 channel partners, all of which are small and medium-sized enterprises. More than half of these channel partners have penetrated into areas below the county level and contributed to the revitalization of rural areas all over the country < p > common prosperity is the internal and external cultivation of material and spiritual civilization. While contributing to the country's economic construction, we will continue to give more light and heat through public welfare actions such as funding rural education, promoting vocational education, supporting scientific research in Colleges and universities, and helping biodiversity protection < p > having said so much, if we can sum it up in one sentence, it is that Lenovo will firmly innovate, forge ahead with transformation and contribute value, so that the development of enterprises can better serve social prosperity and people's happiness < p > two cornerstones: the same Lenovo and digital cornerstones < / P > < p > these are the three pillars that support us to successfully cross the cycle and go steady and far. In order to hold up the power of heaven, our foundation must also be solid < p > one of the foundations is to give play to the advantages of "one association". Let us not only have the product portfolio and capabilities from pocket to cloud, but also realize scale, efficiency and collaboration internally. In addition, the mode of local delivery of global resources and a united corporate culture constitute an important differentiated competitive advantage < p > the second foundation is to strengthen our digital foundation. Let digitalization run through the whole value chain of "research, production, supply and marketing services", support our transformation from selling products to selling services and solutions, and make Lenovo not only a model of intelligent reform, but also "endogenous and exogenous" and external empowerment < p > [new height, new mission] < / P > < p > little friends, Lenovo will enter a new stage in the new fiscal year < p > < p > although there are many uncertainties in the environment, Lenovo people will be more united, more determined, more compassionate and more sense of mission < p > Lenovo people promote not only the improvement of performance, but also basic and breakthrough scientific and technological innovation < p > Lenovo people's practice is not only to sell good products, but also to become a high-tech driven solution enterprise < p > Lenovo people value not only their own development, but also their contribution to the country, society and mankind < p > we will carefully listen to the voice of customers, work together with partners for win-win results, form a smooth communication mechanism with all sectors of society, and jointly build a future driven by scientific and technological innovation, continuously serving customers and creating more social value < p > let's move towards this mission
2023-03-22 10:04:52