Source: Compiled from reports by the Shanghai Securities News and other media outlets.
On May 19, the Shanghai Stock Exchange President’s Strategy Forum—titled “Pooling Wisdom in Zhenjiang to Strengthen Industries, Leveraging Capital to Boost Science and Technology Innovation”—kicked off with a special session held in Zhenjiang, under the guidance of the Zhenjiang Municipal People’s Government and hosted by the Shanghai Securities News.
Experts and scholars from securities firms, fund management companies, listed corporations, and investment institutions, along with industry leaders, gathered in Zhenjiang. Using capital as a bridge and industry as the foundation, they engaged in spirited exchanges and pragmatic dialogue on critical issues such as leveraging capital to drive regional industrial innovation, cutting-edge trends in the capital markets, and long-term investment strategies, thereby injecting both financial momentum and expert insights into the high‑quality development of Zhenjiang’s science and technology‑driven industries. Li Houwen, Chairman of Lianhua Holdings, was invited to attend and delivered a keynote address.
Zhou Kai, Member of the Standing Committee of the Zhenjiang Municipal Party Committee and Vice Mayor, reviewed the achievements of Zhenjiang’s industrial and financial development in recent years. He stated that Zhenjiang will seize the favorable opportunities presented by capital market reform and development, continue to optimize the regional financial business environment, and further refine its end-to-end service system covering corporate listing cultivation, financing matchmaking, and risk prevention and control, thereby continuously amplifying the empowering effects of the capital market.
During the keynote session, several leaders from securities research institutes and listed companies delivered expert presentations on topics such as capital’s role in driving the development of the real economy, computing power technologies, and the business environment. Chairman Li Houwen delivered a keynote address titled “A Market‑Oriented, Rule‑of‑Law Business Environment: Fertile Ground for Corporate Growth and Expansion.”
Li Houwen, Chairman of Lianhua Holdings, delivered a speech titled “A Market‑Oriented and Rule‑of‑Law Business Environment Is Fertile Ground for Enterprises to Grow and Thrive.”
Li Houwen began by sharing the case of Lianhua’s restructuring—a quintessential example of how capital can empower industry—and outlined its development over recent years. Six years ago, Lianhua’s successful restructuring was the result of a concerted effort: the government’s resolute commitment, the rule of law’s robust safeguards, and the active engagement of market‑oriented actors. This experience vividly demonstrates that “the rule of law is the best business environment.” Within the legal framework, it both protected creditors and instilled confidence among investors. By participating in industrial investment through market‑based mechanisms and fostering collaborative action among market players, the government has not only helped enterprises overcome difficulties but also boosted local employment, expanded fiscal revenues, and generated investment returns—creating a win‑win outcome for all stakeholders.
As one of the best‑performing companies among mainboard‑listed firms that have undergone restructuring, Lianhua has transformed itself from the brink of bankruptcy to a successful turnaround, emerging from adversity and achieving sustained, robust growth—particularly accelerating in recent years. Its core business metrics now lead the industry, and its overall operational performance has undergone a qualitative leap, with significant increases in scale, profitability, tax contributions, and market capitalization, thereby making a meaningful contribution to local economic development. This also underscores that a market‑oriented, rule‑of‑law business environment is fertile ground for corporate growth and the fundamental confidence that enables enterprises to thrive.
Li Houwen stated that Lotus Holdings is currently at a critical juncture in the in-depth implementation of its dual‑engine growth strategy, driven by “consumption plus technology.”
On the one hand, we will continue to strengthen, optimize, and expand our core seasoning business, building on our established strengths while vigorously cultivating and launching new flagship products. We will establish a “one dominant, multiple strong” product portfolio, refine our channel strategy, and reinforce the integrated, omnichannel development of both online and offline operations.
On the other hand, we will deepen our engagement in the AI technology sector, focusing on three key areas: computing infrastructure, AI‑related software and hardware products, and entry into emerging technology industries through industrial investments. We will prioritize investment opportunities in fields such as semiconductor chip packaging materials and equipment—sectors characterized by strong technological barriers and capable of addressing critical “bottleneck” challenges. By building up technical resources and cultivating strategic industry‑ecosystem partners, we aim to help the company establish a differentiated competitive edge in the AI technology space.
Recently, Lianhua has successively invested in high-tech enterprises engaged in the R&D and production of semiconductor chip packaging materials and related equipment. Its collaborative project with Zhejiang University on the development of electronic insulating laminated films has yielded preliminary results and successfully secured relevant patents. Looking ahead, Lianhua will strive to achieve further breakthroughs in emerging technology fields.
The year 2026 marks the inaugural year of China’s 15th Five-Year Plan and a pivotal moment for Lianhua Holdings as it fully advances its dual‑engine strategy of “consumption plus technology,” paving the way for the next five years of growth. Centered on these two core business pillars, the company will continue to strengthen its efforts, deepen its integration with local industries, and strive for new breakthroughs in scale and performance, thereby making fresh and even greater contributions to the high‑quality development of the regional economy.