Supply is proceeding as usual, Lenovo said in a statement on Weibo Sunday.
The computer maker will continue to sell its products and services to Huawei based on regional regulations where Lenovo operates, it added.
Huawei is an important client for Lenovo's PC and service sectors, and those who spread the false rumors are liable to legal action, it said.
U.S. President Donald Trump signed an order this month seeking to restrict Huawei and fellow Chinese telecommunications company ZTE Corp. from selling their equipment in the U.S.