Lenovo Group's net cash from operating activities in the third quarter of fiscal 2021 was US$2 billion, a year-on-year increase of US$1.4 billion, and the company's net debt decreased by US$755 million year-on-year. On January 20, 2021, Lenovo's board of directors approved the issuance of China Depositary Receipts and plans to list and trade on the Science and Technology Innovation Board of the Shanghai Stock Exchange. The company plans to use the proceeds for research and development, strategic investment in related industries and supplementary working capital.