What is the point of releasing a new laptop if the hardware is class lower than M1?
Sure Intel performance may be similar in certain circumstances - plugged in to charger, good active cooling, but otherwise this is just a waste.
My advice to Lenovo. Go to the drawing board, maybe talk to Arm and figure out if you could make a similar CPU to M1. That will probably take a couple of years, but at very least you will not be polluting the earth and using up precious resources to build a laptop that is very much pointless.