Good morning, everyone. I'm Fiona Fung from BNP Paribas. On behalf of Lenovo Group Limited, welcome to today's ESG Update conference call. As a global leader in the tech sector, Lenovo has been at the forefront in its commitment to build a sustainable planet, combat climate change, and promote inclusion and close the digital divide. Lenovo is an early adopter of science-based targets. Its 2030 targets were validated by SBTi back in 2020, and it was the first PC and smartphone maker globally to establish a net zero target validated by SBTi. We would like to take this opportunity to update you on Lenovo's ESG strategies, initiatives, and latest achievements, and are deeply honored to have with us today the company's senior management and representatives from their ESG team. From the treasury side, we have Mr. Hugh Wu, Vice President and Treasurer, Ms. Jenny Lai, Vice President, Investor Relations; Ms. Tsering Ko, Executive Director of Treasury. We are also joined by Lenovo's ESG and company secretary teams. We have Ms. Laura Quatela, Senior Vice President, Chief Legal and Corporate Responsibility Officer. Ms. Mary Schaack, Executive Director, Global ESG and Regulatory Compliance. Mr. Calvin Crossman, Vice President, Chief Diversity Officer, and President of Lenovo Foundation. Ms. Tracy Lai, Company Secretary and Deputy General Counsel, and Mr. Dustin Beal, Director, Global Supply Chain Sustainability. We'll start today's call with a presentation from the company first and open the floor to Q&A afterwards. With that, I'll pass the time to Hugh and his team. Thank you. Thank you. Thank you, Fiona. Good morning, everyone. Thank you for joining our ESG update. We engage our stakeholders in one-on-one and other forums on a regular basis, but ESG is a critical part of our organization. It is ingrained into our operations and our corporate DNA, so we are pleased to have the opportunity to engage with you on ESG topics. For those who are not as familiar with Lenovo, let me start by giving you a quick summary. Lenovo is a global technology powerhouse, serving millions of customers every day in more than 180 markets. Incorporated in Hong Kong, with key operation centers in Beijing and North Carolina, our vision is to deliver smarter technology for all. As the world's largest PC company, we have built our success by further expanding into key growth areas, including server, storage, mobile, solutions, and services. Our manufacturing presence covers nine countries, working with more than 2,000 suppliers in over 30 global manufacturing sites and 18 R&D locations. We deliver over 120 million devices to our customers annually. Lenovo has a flexible, resilient global supply chain that was ranked number 10 in Gartner's top 25 global supply chains in 2024, and we made a commitment to invest additional $1 billion on AI technology over three years. As a leading global technology company, and given the role we play in serving our communities, Lenovo is uniquely positioned to develop innovative solutions to reshape the way we and our customer conduct business, help preserve the ecosystems on which our future depends, and help resolve, help solve sustainable development challenges. Lenovo is a global business and maintain a strong geographical balance, with our revenues fairly diversified across Americas, China, APAC, and EMEA. We offer our clients a suite of products, services, solutions across our three business segments. The SSG is our new growth engine, with high profitability, spearheading our digital transformation. The group is a spearheading digital transformation with secure offerings, including digital workspace, workspace, hybrid cloud, and sustainability solutions. Remarkably, we have achieved a record sustainability revenue with double-digit growth for FY 2024. In fiscal quarter four, we achieved record sales and the 12 consecutive quarter of double-digit revenue growth and profit margin. The ISG provides hybrid AI infrastructure, empowering customers' intelligent transformation. We are one of the world's fastest growing infrastructure solution providers. Ranked number one in top 500 HPC and Green 500 HPC. Number three by worldwide storage, and have achieved 48% year-on-year growth in storage, services, and software revenue in fiscal year 2024. Lastly, IDG offers smart end user devices, including PC and smartphones, to enable more seamless experiences for our customers. We maintain to be number one in PC with leading profitability and a dominating 23% market share in fiscal year 2024. Premium mix in PC and smartphone are also growing. While PC remains important of our group business, we have grown the non-PC business steadily and it now represents over 42% of our combined revenues. Despite market challenges, our [three business group] set multiple performance records in growth this year. For further details about our divisions and their performance, please refer to our annual report and the result presentation in May this year. I will now pass it to Laura, our Senior Vice President and Chief Legal and Corporate Responsibility Officer, to give you an overview on Lenovo's ESG material topics and vision. Laura, please. Thank you so much, Hugh. We all know there has been increased attention paid to ESG or to sustainability in recent years, but ESG is not a new phenomenon for Lenovo. We have been measuring and reporting our sustainability efforts for more than 15 years. The increased awareness of these topics has, however, amplified the need for corporate transparency and reporting. As a company serving customers in more than 180 markets and in a diverse set of industries, with almost 70,000 employees, over 2,000 suppliers, and over 30 manufacturing facilities across nine countries, our sustainability efforts need to be managed in a comprehensive, yet targeted and collaborative manner. Through our ongoing engagement with different stakeholders, we've identified ESG-related material topics which align with our significant environmental, social, and governance impacts. This helps us set ESG goals, targets, and disclosure practices. These material topics align with and contribute to the respective United Nations SDG, SDGs, and provide us with a blueprint on how we can leverage smarter technology for all to achieve a more sustainable future. Lenovo has been unwavering in our commitment to building a sustainable planet, promoting inclusion, closing the digital divide, and being a responsible corporate citizen everywhere we do business. We've made noteworthy progress with ESG as an integral part of our strategy, innovation, and operations, and this has been highly recognized by the market and by ESG rating providers. This year, our ESG activities reached important milestones, which contributed to Lenovo maintaining an MSCI ESG rating of triple A and earning recognition from CDP as a leader in climate change and supplier engagement, and being in the top 3% of companies rated by EcoVadis. In addition, this past year, Lenovo supported raising the bar in the ESG area by joining a number of important initiatives, including the UNESCO Global Education Initiative and endorsing UNESCO's Ethical AI Statement. On the environmental side, after becoming the first PC and smartphone maker to establish a net zero target validated by SBTi, we're proud to announce strong progress towards our climate change goals. We apply rigorous design principles to improve the sustainability performance of our products across their life cycles, and our innovation was recognized in many ways, including by being awarded Best Green Energy Product of the Year by CRN Sustainability Check for our Neptune warm water-cooled servers. Achieving our own emission reduction goals is only one part of Lenovo's larger climate action strategy. Our scale, infrastructure, and access also gives us the opportunity to leverage our technology products and solutions to support our customers and our communities with their climate goals, and to empower them with more sustainable choices through services. We remain committed to giving back to the communities around the world that we serve through our philanthropic initiatives, focused on empowering underrepresented populations. In fiscal year 2023,2024, Lenovo invested over $16 million in strategic partnerships with charities globally. One of my responsibilities includes serving as Chief Responsibility Officer and leading our ESG function. Inherent to our bold and ambitious vision to deliver smarter technology for all is our ESG vision, how we turn our ESG commitment into action and hold ourselves accountable to drive impact for the communities where we sell products. Combating climate change is both a business and a moral imperative. We put sustainability at the core of our considerations throughout our entire value chain, from design to manufacturing, and from logistics to services. As I've mentioned, Lenovo is an early adopter of the science-based emissions reduction approach, receiving SBTi approval for our near-term emissions reduction targets as early as 2020. After exceeding our 2020 emissions reduction goal one year ahead of target, in January of 2023, we further amplified our resolute commitment to sustainability, committing to reduce absolute Scope one, two and three greenhouse gas emissions by 90% by 2050 from a fiscal year 2018-2019 base year. And again, we became the first PC and smartphone maker to have these long-term net zero targets validated by SBTi. As a global technology leader, Lenovo has the capability and profound responsibility to champion diversity and inclusion, give back to our communities, and close the digital divide. We've always pursued a path of diversity and inclusion and promoted an inclusive culture for both the company's global workforce and for our customer base. Also, we commit to respecting and upholding human rights across the organization, including by way of our corporate strategies, practices, and supplier requirements. We have strong systems and programs in place to support health and safety in our own operations, as well as in our supply chain. We'll talk more about. Forgive me, I've just scrolled too fast. We'll talk more about our governance structure on the next slide, but I want to highlight here that our ESG practices include a robust governance structure that is continually evaluated and developed to ensure we hold ourselves and our business partners globally to the highest standards of ethics and compliance. I'll now pass it to Mary Schaack to take you through our ESG approach. Mary, please. Thank you, Laura. As previously mentioned, to ensure the highest levels of accountability and transparency, our ESG governance structure comprises senior management of the company and our board. Our board has the highest level of oversight for our ESG programs and reporting, and our board members are updated on critical ESG risk areas and responses through regular briefings, which include a review of key ESG practices and the approval of our annual ESG report. Our ESG oversight is supported through various governance committees, including our ESG Executive Oversight Committee, which is composed of members from various teams across the company who come together to help us develop, manage, and measure our ESG strategy and performance. Laura, as our Chief Legal and Corporate Responsibility Officer, provides executive leadership for our ESG position and ensures regular reports are made to the Lenovo Executive Committee, the board and its committees, as well as chairing the ESG Executive Oversight Committee, which again, provides strategic direction and facilitates the coordination of ESG efforts across the company. We uphold the highest standards of ESG management and have formulated specific policies and strategies to support our risk mitigation, governance practices, and strategic priorities, including recently releasing a detailed climate change transition plan. Now, Tracy, our Company Secretary and Deputy General Counsel, will tell you more about our overall governance structure and practices. Tracy? Thanks, Mary. We have a rigorous and effective governance structure, which allows us to advance our ESG initiatives, implement and integrate our policies throughout our business operations in an effective and responsible manner. We believe that the strength of the board stems from its members' independence and diversity. Diversity reflects the world in which we operate in and serve. By leveraging our members' different backgrounds and experience, we bring variety into our perspectives, and this fosters better understanding of key issues, allows us to tackle challenges from different angles. With the adoption of a board diversity policy, a wide range of factors are considered when identifying candidates for appointment as directors of the company. Such factors include, among others, the candidate's background, skills, experience, gender, and age. Our board and board committees are well represented by independent members, with 75% representation. As a good practice, we have appointed a lead independent director for more than 10 years, which the Hong Kong Stock Exchange has recently proposed the appointment of such a lead independent director role in the new CG Code consultation published earlier this month. Our lead independent director has played an indispensable role in upholding Lenovo's high standards of corporate governance by fostering an open and transparent environment within the board, advocating refreshment of board by directors with diverse backgrounds, expertise, and perspectives, and ensuring a well-rounded and inclusive decision-making process. Among others, the roles of lead independent director include prepares a performance reassessment of the chairman and or CEO in consultation with all other board members, and serves as a key role in the board evaluation process. We currently have two members in, on our 12-member board who are female, and we target 20% female representation on the board by FY 2025,2026. We are proactively identifying suitable candidates towards the target and continue to ensure a diverse pool of members are represented in our board and board committee. Now, I'll pass back to you, Mary. Great. Thank you, Tracy. So I want to shift gears and focus again on climate change and share a little bit with you about where we are in terms of emissions performance and how we're tracking compared to previous years. As a company, we have identified that our Scope three categories that are most relevant and those that are not relevant to us, and of those categories that are relevant to our operations. Downstream purchase goods and services and use of sold products are the two categories that are the largest contributors to our greenhouse gas footprint, and they make up roughly 43% and 47% of our Scope three emissions, respectively. Because of this, the focus of our climate action strategy will really be focused on these two categories. The charts on the right show Lenovo's absolute greenhouse gas emissions since the year 2019-2020, and over the past few years, we've minimized our Scope three emissions through a combination of energy efficiency improvements, shift to lower carbon modes of transport, and improvement in our vehicle fuel efficiency. During this past fiscal year, fiscal year 2023-2024, we achieved a stellar result of nearly 20% reduction in our Scope three emissions year to year, and our Scope one and two emissions have been reduced in a consistent manner. In the coming slides, we'll discuss our commitment to reduce absolute emissions and how we plan on tackling this. For the world leader in innovation and technology, Lenovo is setting an industry first to lead by example from a sustainability perspective. As the first PC and smartphone maker globally to have established SBTi validated targets for the long-term net zero scenario, we're pledging to reduce our emissions footprint to align to the global fight against climate change, with specific, ambitious, science-based targets for 2030 and 2050, aligned to the 1.5 degree scenario. We plan to reduce our absolute greenhouse gas emissions for all three scopes, Scope one, two and three, by 90%. The remaining 10% will be neutralized through carbon capture, reforestation, and other means. This commitment serves as the foundation to our decisive action to achieve net zero emissions across our entire value chain. So now I want to take a deeper dive into our near-term greenhouse gas emissions targets for 2030. For our Scope one and two emissions, which represent the emissions arising from our own operations, we're committed to reducing these emissions by 50% in terms of absolute emissions by 2030 from our baseline year of 2019. To achieve this target, we will employ energy efficiency initiatives, including things like replacing and upgrading existing systems and hardware in our operations for better energy use, deployment of on-site renewable energy generation, and the procurement of renewable energy commodities in the markets where we do business. To address our downstream Scope three emissions from use of sold products, we've committed to reduce, on average, 35% of our emissions per comparable product through the introduction of energy efficiency improvements and through engaging customers to utilize more renewable energy. For our downstream Scope three emissions from purchased goods and services, we've committed to reducing the emissions by 66.5% per $1 million of gross profit, and this is by 2030 versus the 2019 baseline. This involves us working with our upstream value chain partners and embedding climate change KPIs into their evaluation process. Lastly, to address the Scope three emissions arising from upstream transportation and distribution, we commit to reducing the per ton kilometer emissions of transported product from global logistics operations by 25% by 2030, also from a 2019 baseline. And we'll do this by shifting to lower carbon modes of transport and optimizing transport planning and utilization. Next, I want to elaborate a bit more on some additional internal KPIs that have been set by Lenovo regarding other material ESG topics. So in addition to the targets that we've just discussed that are addressing greenhouse gas reductions, in alignment with the Science Based Targets Initiative standard, we've also committed to other targets that will further contribute to overall greenhouse gas emission reduction goals, such as committing to obtain electricity from renewable sources for 90% of our global operations by fiscal year 2025-2026, and remove 1 million tons of greenhouse gas emissions from our supply chain in that same time frame. Also, by fiscal year 2029-2030, we aim to achieve a 50% improvement in the energy efficiency of our desktop and server products, and a 30% energy efficiency improvement in our notebooks and in Motorola products. In the area of circular economy, our targets are focused on increasing the proportion of repairs that can be done at the customer site and reducing the consumption of new parts while increasing the recycling of end-of-life products. We're also focused on using more sustainable materials in our products. Now, Calvin Crossman, our Vice President and Chief Diversity Officer and President of the Lenovo Foundation, will touch upon the targets that we have for diversity and inclusion in philanthropic initiatives. Thank you, Mary. Yes, I'm here. Can you hear me, Mary? I sure can. Yep. Thank you. Some additional targets on our social side include targets designed to foster greater diversity inclusion, where we commit to, by fiscal year 2025-2026, grow global representation of women and historically underrepresented ethnic and racial groups in executive roles, and ensure that 75% of our products will be vetted by inclusive design experts. Targets designed to further our empowerment of underrepresented populations, where we commit to engage 25% of our employees in our charitable programs and targets to impact 15 million lives and transform 1 million lives through our programs and partnerships by fiscal year 2025-2026. Back to you, Mary. Thanks, Cal. So similarly, on the governance side, we recognize the importance of continuous improvement in our overall performance and in the leadership of the company, and we've set numerous targets to help us evaluate and advance the performance and effectiveness of our leadership, whether it's ESG oversight and governance, training and compliance programs on ethics and privacy, or through other initiatives. I'm now pleased to share with you some highlights of our ESG initiatives and achievements from fiscal year 2023- 2024, which I think really exemplify our ESG commitment overall. First of all, in the area of environmental, we're proud to report that we are on track to achieve our near-term, 2030 emission reduction goals in alignment with our science-based targets. We're also continuing to focus on circular economy practices, and we have achieved the recycling or reuse of over 94,000 t of products from customers. And this is equivalent to over 87 million ThinkPads in weight. We've also been recognized as an EPEAT Climate+ champion, and we had over 400 products registered on the first day of Climate+ eligibility. And last but not least, we have achieved a significant milestone in implementing plastic-free primary packaging across all of our ThinkPad notebook lines, with the exception of our E Series notebooks. On the social side, we have demonstrated our commitment to diversity and inclusion with an industry-leading 29% representation of women in technical roles. In addition, our employee volunteerism has seen a remarkable 40% growth last year during our 2023 Love On Month of Service as compared to the previous year, and we've launched a new AI for Social Impact webinar series, which helps us promote digital inclusion with many of our charitable partners. Finally, on governance, we uphold our principle of governing with integrity through our full commitment to responsible and ethical AI practices with proactive governance mechanisms in place. And as we mentioned earlier, we have endorsed UNESCO's Ethical AI Statement, and we did this after establishing an internal responsible AI committee, which is helping us ensure ethical AI deployment. We adhere to leading standards and frameworks for transparently reporting our sustainable impact across the company, and we're well recognized for our supply chain excellence, including being consistently ranked highly in Gartner's top 25 supply chain list, including our number 10 ranking this year. Lastly, our global supply chain's ESG digital platform aims to integrate our end-to-end supply chain data to create transparency at the organizational and product level for environmental and social impact, including closed loop ESG KPI management, helping us monitor risks, and enabling seamless collaboration with our upstream and downstream partners. In addition, since 2021, we've used IPE's Blue EcoChain tool to help us track the environmental performance of our suppliers, and we were recognized by the IPE Green Supply Chain Corporate Information Transparency Index and the Corporate Climate Action Transparency Index this year, where we ranked among the top 10 in the IT industry. These ESG highlights and achievements underscore our unwavering dedication to driving positive environmental and social impact, as well as ethical governance. I'm pleased to say that our accomplishments as a responsible leader, great employer, and corporate citizen, are well recognized by many respected organizations around the world. A couple of examples include those on this page, which, as you can see, we are rated very well, in terms of climate change, where we received A ratings from CDP for our climate and supplier engagement surveys, and we ranked again, number 10 in the Gartner top 25 supply chain ranking. From a more regional perspective, we were awarded the Gold Award for most sustainable companies and organizations by the Hong Kong Institute of Certified Public Accountants, and we've received the highest possible rating in AA from the Hang Seng Corporate Sustainability Index. In our inaugural green bond issuance, it was also included in the Bloomberg MSCI Green Bond and the S&P Green Bond Indices as standards of market best practices. ESG ratings are an important factor in how we're viewed by investors and other stakeholders, and we're pleased to report that we've made meaningful progress in these ratings. In December of 2022, MSCI upgraded our ESG rating one notch to AAA, which we maintained in 2023. Not only have we achieved the highest possible score in the technology, hardware, storage, and peripherals industry, we were also amongst the top 11th percentile of companies in this universe. MSCI cited our latest improvement in score as being attributed to an improvement in our corporate governance and ongoing leadership in managing our electronic waste, privacy, and data security policies. Similarly, we rank well with Sustainalytics risk ranking. Sustainalytics continues to rate our exposure to material ESG issues to be low, with a score of 17.2, and our management of material ESG risks, issues is rated as strong. We continue to perform well and in line with our peer group, ranking 44th out of 123 within the same industry vertical. So I'll now pass it over to Tsering, Executive Director of Treasury, to talk about our green finance framework and the green bonds we issued in 2022. Tsering? Thank you, Mary. Our green finance framework was established in July 2022 to support our green financing activities and to integrate sustainability into our financing program. The framework sets out the governance and processes for financing and refinancing eligible projects that brings positive contribution to the United Nations Sustainable Development Goals. The framework is aligned to the, the framework is aligned with ICMA Green Bond Principles, Green Principles, amongst others, and receive a second-party opinion from Sustainalytics, which confirmed that the framework is credible and impactful. As a group, we reviewed ESG-related capital expenditures and have identified five eligible green categories in our framework, including energy efficiency, renewable energy, green building, circular economy sector products, production and processes, and green and clean transportation. By fostering investments in eligible green projects, the framework supports our transition to a low-carbon and more resource-efficient business operation. We believe that our sustainable investments and our commitment to the long-term sustainability of our business and communities in which we operate and support. We issue our inaugural $625 million ten-year senior unsecured green bond under our Green Finance Framework in July 2022. Proceeds from this issuance were fully deployed and allocated to eligible green projects in accordance with the framework by October 2022. 100% of the proceeds were allocated to refinancing of eligible projects, most of which went towards refinancing our green building, the Beijing campus and the Shenzhen new headquarters, both of which obtained LEED Gold certificates. The remainder of the proceeds were used to refinance our renewable energy projects, like the solar energy project in the United States. We are excited to report that as a result of deploying these proceeds, the solar energy project generates 3.24 MWh of solar energy annually and avoided 920 Mt of CO2 equivalent of greenhouse gas emissions annually. This marks the end of our ESG update presentation. We will now open the floor Q&A. Thank you. Thank you. Ladies and gentlemen, if you are streaming via web browser, kindly press the Q&A button and type in your question. We will now do our first Q&A text question. Our first text question comes from Desmond Lim, from Eastspring Investments. The question is: How much of your energy needs are through renewable resources, renewable sources? How much of your packaging are through recycled materials? Thank you. So this is Mary. I'm happy to answer that. So when we think about our renewable energy use, it's really for our own operations, and we've made good progress on our 90% by 2025 goal. This is through a tiered approach of driving energy efficiency projects at our site. So, improving the lighting, improving the processes, capturing waste heat, and then also installing renewable energy installations and capacity at our sites. And last year, we actually increased the total solar generation capacity at our sites, almost 50%, 48% year-over-year from the prior fiscal year. But even with the 25, just over 25 MW of solar that we currently have installed at our sites, we continue to need to purchase renewable energy commodities in the form of renewable energy credits, guarantees of origin, non-fossil certificates and similar instruments. I-RECs is another one that we purchase within the markets where we're using energy, and so that's to further increase the use of renewable energy and further the production of renewable energy on the grid. And then shifting gears to the packaging question. So in the packaging space, we have different opportunities and different targets for different types of products. And one of the areas where we've really focused recently is with our ThinkPad products on reducing the amount of plastic that's used in our notebook primary packaging. And we've had quite a bit of success in completely eliminating plastic across all of our ThinkPad packaging, with the exception of the E Series line. And, this has been done through replacing plastic by bio-based fibers, just eliminating plastic. There were some cases where we had plastic, like plastic covers on the power supplies to prevent them from getting scratched or just to make them look perfect when they got there. We've eliminated those types of plastic that was extraneous, and where the packaging was needed, we've transitioned to things like fiber-based, and paper-based or basically bio-based packaging. And so that's been a great success, across the ThinkPad line. We also have targets across many of our other products that are similar, to decrease the size of the packaging, to increase the sustainable materials used, and to ensure that the packaging is as recyclable and at the end of life as possible. Hopefully that answered your question. Thank you. Our next question: Could you please give us more detail on how Lenovo select a supplier? How does your company to prevent the violation of human rights? Thank you. Yeah. Hi, this is Dustin. Can you hear me? Yes, we can hear you, Dustin. Okay. Thank you. Just wanted to make sure. Yeah, it's a good question. I'm from the supply chain. I manage global supply chain sustainability, and part of our efforts in supply chain is exactly around this question, where we make sure that our supply partners are following our strict codes of conduct. We have a supplier code of conduct that's publicly available, that we require all of our suppliers to follow. Within that supplier code of conduct, there are several different areas around ESG, one of those being labor and human rights. And this is also covered within all of our supplier contracts. In addition to that, we partner with Responsible Business Alliance, the RBA. We require all of our suppliers to conduct self-assessments around the RBA standards. And then also, every 24 months, they have to perform a third-party validated audit. So the third- party will give us an indication of how they are performing up to those standards. And in addition, we have gone out and joined with a third-party provider for ESG rating services, EcoVadis, which is very well known in the industry. So we use EcoVadis as a tool to get ratings in different areas around ESG on our suppliers, like environment, labor and human rights, sustainable procurement, and ethics. And we use that information to address any kind of issues that we see with our suppliers. If they're scoring low in a particular area, then we've worked with them on corrective action plans. And I'd say lastly, in addition, we do a lot of training with our suppliers. We have webinars and conferences to make sure that they're educated on some of the red flags around human and labor rights. So we work very closely with our suppliers in this area. Thanks for the question. Thank you. Our next question: Can you elaborate more on your ethical AI practice? How does it fit into the launch of AI computer? From Shannon Zhang, from Alliance. Thank you. Sure. Shannon, thanks for the question. This is Laura. So we reinforce our commitment to responsible AI by upholding a set of principles and guidelines that we've set forth in our corporate AI policy. And these principles include that the company will not use AI in ways that harm people or put them or their rights at risk. We'll ensure that our AI is fair, transparent, explainable, and efficient. We'll ensure that there's proper human oversight throughout the life cycle of any AI system that we employ. We'll protect people's privacy at all stages of the AI life cycle, and we'll ensure that our AI is developed and used in strict compliance with the applicable laws and regulations. To sort of in tandem with the policy, we've named a member of our leadership team, Doug Fisher, as Lenovo's Chief Security and Artificial Intelligence Officer. In this role and working in partnership with my team, Doug is responsible for putting in place governance and oversight processes that ensure Lenovo's global operations and products sold worldwide that feature a wide array of artificial intelligence capabilities comply with Lenovo's recently adopted global policy on responsible AI. In this policy, as well as the numerous commitments to voluntary standards of conduct regarding AI around the world that Lenovo has pledged to adopt, we will be a leader in the responsible and ethical deployment of artificial intelligence for the benefit of customers, partners, our employees, and the global community in which we operate. This policy was adopted during the development of our AI PC, and it has guided the launch of the product, and it will be sort of our North Star going forward as Lenovo continues to roll out AI-enabled products, solutions, and services. Thank you. Thank you. We have our next question from an anonymous participant. The question is: Given your SBTi validated near-term as well as long-term targets, will Lenovo consider setting up a sustainability-linked financing framework and related issuance? Thank you. Hi, this is [Tsering Ko]. Let me take this question. Lenovo is committed to our ESG targets, and our financing plans will take our ESG targets into consideration, so we do not rule out the setup of a sustainability-linked financing framework. Our plans for green or sustainable sustainable bond or SLB issuance plans will be communicated with the issuers with the investors at the proper time. Yeah. Thank you for the question. Thank you. As a reminder, ladies and gentlemen, if you are streaming via web browser, kindly press the Q&A button and type in your question. We now have our next question from Teck Hun Lo from Pictet. The question is: Green buildings.... What percentage of your buildings are green? Is any part of the management's compensation tied to the achievements of KPI set? Thank you. So this is Mary. I can answer the, well, I can try to answer the green building portion of the question. So we don't measure it as a percentage of our portfolio, but we do every time we build a new building or we upgrade a building, we look at different initiatives that we can follow that would apply to the building itself. And we have a number of buildings in our portfolio that are LEED certified, Energy Star certified, and also there are a variety of health and safety certifications that we've obtained for our buildings, too. One of them is called WELL Building, and there are a variety of different building certifications that we achieve in China as well. So this is something that we consider anytime we're upgrading or building a new facility. Then, I don't know if, Tracy, would you be able to answer the second part of that question? Oh, sure, sure. All right. Yes. About the management's compensation tied to the, I believe it should be referring to the ESG achievement. Currently, compensation of the key management who are driving the operational performance and ESG initiatives of the group, including our CEO, our Chief Legal and Corporate Responsibility Officer, is closely tied with the ESG achievements, of which their individual KPIs on Lenovo's ESG achievements are considered during the review assessment of their performance, and determination of their compensation level and package every year by our Compensation Committee. At the start of this year, the Board of Directors approved the long-term incentive plans and performance assessment objectives for the company and major business groups, taking into account the company's strategic priorities. These performance objectives encompass not only financial indicators such as revenue and profits, but also strategic goals such as technological innovation, the development of long-term competitiveness, and corporate social responsibility. Currently, Lenovo does not include specific ESG measures in the LTI plan, but the board has contemplated the inclusion of CSR matrix in determining the final incentive payout. So, that's it on my part. Thank you. Our next text question comes from Janet Wong from J.P. Morgan. The question is: What are the identified salient human rights risk along your supply chain? Thank you. Yes, I can take that. It's Dustin again. So what we found through RBA audits and self-assessments with our suppliers, typically the findings are along working hours and time off. So to address this with our suppliers, we do track the hours from our suppliers and make them report these working hours to us to make sure that they're following the corrective action plans out of those audits. So that's typically the risk that we find. Thank you. Thank you. We currently have no questions over the audio. Thank you for over the text line. Thank you. Hello. I assume there's no further questions, but if you have anything you are interested, you can always contact BNP and the company. As a global technology powerhouse, Lenovo, we have a duty to leverage technology to improve the lives of people around the world while minimizing its impact on the planet. While we are on track to meet our near-term 2030 emissions reduction goals, we continue to navigate new challenges and utilize unprecedented opportunities available in the field of technology as we power forward on our sustainability journey. With your support, we continue with our commitment and service-led transformation to work towards a more sustainable future for all. We are grateful for the opportunity to share with you all our commitment and ongoing progress made to drive our ESG forward in the company. This remarks the end of our ESG update for today. Thank you all for your time and for your continuous support. Thank you. Ladies and gentlemen, this concludes today's call. Thank you for joining. You may now disconnect your lines.