Yes, with an important distinction. Your R9700 is RDNA4 / gfx1201, and current Lemonade support information lists the Radeon AI PRO R9700 under its ROCm backend. However, the Lemonade 11.9 announcement only explicitly names RX 7900-series RDNA3 and Strix Halo as the initial targets for the new HRX path, so it does not yet confirm that HRX is validated or optimized for R9700.

I’d try the current ROCm backend and check lemonade backends; use Vulkan as the fallback. If you have an AMD iGPU enabled too, watch for GPU-architecture misdetection.