[Lotus Holdings Won Three Awards] Participating in the 20th China (International) Seasoning and Food Ingredients Expo

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2024-11-18

On November 16, 2024, the 20th China (International) condiment and Food ingredients Expo, sponsored by the China condiment Association, was solemnly held in Guangzhou China Import and Export Commodities Exchange Hall, lasting for three days. Lotus Holdings was invited to participate in the exhibition, with a booth area of 180m ², which is also the largest in history.

At the "Taste China" 2024 China Condiment Industry Star Glory Ceremony held at the same time, Lotus won the honor of outstanding business performance and brand influence.China Condiment Industry "Golden Taste Award" in 2024"andPreferred Brand of Chinese Condiment in 2024,lotus matsutake freshWith excellent market performance wonSpice Industry Consumer Favorite Products of the Year 2024.

At this exhibition, there are not only various traditional superior products such as lotus gourmet powder and chicken essence, but also a series of new products launched in recent years, such as lotus tricholoma matsutake fresh, tricholoma matsutake super soy sauce, tricholoma matsutake white sauce, tomato sauce and "lotus 1983" natural mineral water.

As the first listed company in China's condiment industry, Lotus is committed to becoming the "fresh leader" of China's condiment industry, and has served the healthy and delicious life of thousands of households for more than 40 years.

In recent years, driven by the brand rejuvenation strategy, Lotus adheres to solid innovation, deepens reform, and strives to improve its operation and management ability. At the same time, it actively grasps the market opportunities such as the rise of domestic products, accelerates the development of new products and the expansion of new channels, and promotes the continuous improvement of business development, the continuous improvement of development quality, the continuous enhancement of profitability, and the acceleration of business development. According to statistics from the China Condiment Association, among the condiment A- share listed companies that have published the third quarter report of 2024, Lotus Holdings ranked first in the year-on-year growth rate of operating income in the first three quarters; the year-on-year growth rate of net profit ranked third. Continue to maintain the strong growth trend since last year, the growth rate of leading the industry.

At present, Lotus Holdings focuses on the main business of condiments and food, and strives to create more healthy and excellent products for consumers, and become a domestic brand that the people can "afford, use and trust. On the basis of doing a good job in traditional superior products, we should give full play to the comprehensive advantages of national enterprise technology centers, post-doctoral scientific research workstations and testing centers recognized by the state, and focus on the needs of consumers. we will deeply practice the concept of "green, natural and three low" product development, focus on the development and marketing of new health products, and strive to create more "safe, healthy and delicious" high-quality new products. For example, once the lotus matsutake fresh series products that were created last year were launched, they became popular with consumers and have become one of the few brands with the highest market share in this category.

Through this exhibition, it shows the new achievements of Lotus in deepening reform in new products, new channels and new models. Today, Lotus is a brand new attitude, become a model of national brand revival. In the future, efforts will be made to build Lotus Holdings into a green intelligent manufacturing enterprise with more prominent comprehensive advantages, stronger core competitiveness and higher market share.

Lianhua Holdings held a compliance training on equity incentive.

[A picture to read] Lotus Holdings 2024 three quarterly report: revenue and net profit growth are leading the industry's second growth curve to achieve important results

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