{
  "slug": "lenovo",
  "brand_cn": "联想集团",
  "brand_en": "Lenovo Group",
  "ticker": "0992.HK",
  "version": "v1",
  "audit_date": "2026-05-10",
  "panel": "default",
  "score": {
    "total": 22,
    "max": 50,
    "normalized": null
  },
  "tl_dr": "全球 PC 龙头 + 子品牌资产撑起的渠道机器,财务面比亚信好得多但 AI 时代位置危机更严峻:亚信\"做不出来\",联想\"做出来了但红利归别人\"。 3 评委 R2 收敛到\"红利不归联想\"同一深层共识。Total mean 22/50。",
  "html_url": "/reports/lenovo/",
  "pdf_url": "/reports/lenovo/report.pdf",
  "api_url": "/api/reports/lenovo.json",
  "panel_api_url": "/api/panels/default.json"
}