On October 15, the first 2023 condiment industry high-quality development conference and lotus health 40th anniversary celebration was held in Zhoukou.

Liang Jiansong, Deputy Mayor of Zhoukou Municipal People's Government, Bai Yan, Executive Vice President and Secretary-General of China Condiment Association, Su Jun, Director of China E-commerce Committee, Li Fei, Mayor of Xiangcheng Municipal People's Government, Academician of European Academy of Natural Sciences, Professor and Doctoral Supervisor of School of Bioscience and Engineering of South China University of Technology Wei Kun, Yang Delong, Managing Director and Chief Economist of Qianhai Open Source Fund, Xinhua Third Technology He Yufeng, as well as related industry associations, institutions, and key distributors and partners from 30 provinces across the country and overseas, more than 300 people participated in the event.

At this event, Li Houwen gave a keynote speech on the topic of "Forge ahead for 40 years, start a second business and start a new journey of a hundred years of lotus flowers at a new starting point of 10 billion.

Lotus returns to the club with a market value of 10 billion after 40 years of trials and hardships.

In the keynote speech, Li Houwen first reviewed the development of Lotus Health for 40 years.

Li Houwen said that in the long river of human history, 40 years is only a short moment, but there are few enterprises that can develop for 40 years. Companies that can go from near bankruptcy to nirvana and take off again are even rarer.

Li Houwen said that Lotus, as an old national brand, has experienced both brilliance and twists and turns. In 2020, with the joint efforts of the government, courts and professional institutions, Lotus Health was able to complete the judicial reorganization, lift the historical burden such as heavy debt, and gradually move towards the right track of development. Since then, the Lotus Health Condiment Industrial Park has been officially put into operation in 2021, fully opened in 2022, and the work of withdrawing from the city and entering the park has been completed. It has become a major event that has been wanted to do for a long time but has not been done, and has solved the long-term problem that has not been solved. Promote the company to accelerate into a new stage of high-quality development.

"Through the past few years of reshaping governance, deepening reforms, and consolidating innovation, Lotus has taken on a new look, its endogenous power has been significantly enhanced, its business development has continued to improve, and its profitability has continued to improve. In the first half of this year, the company's net profit has exceeded that of the whole of last year, and its operating income has also reached a new high in the same period in 10 years. The market value has returned to the scale of 10 billion yuan, and has exceeded 14 billion yuan, a new high in 8 years. It can be said that the results achieved are not easy. For Lotus Health, this is not only the growth and change of performance, but also the continuous manifestation of the company's reform and innovation in recent years, and the overall operation and management capabilities have been significantly improved." Li Houwen said.

Second entrepreneurship and re-start, re-engineering high-quality development of the new lotus.

March 4, 2020, has special significance for lotus health. On this day, Lotus Health went bankrupt and reorganized successfully, thus, Lotus Health entered a new stage of development.

Li Houwen said that since the reorganization of Lotus Health, it has gone through three complete years and entered the fourth year. Through a series of key measures taken in the past few years, the company's development foundation has become more solid, the quality of development has been steadily improved, and it has multiple favorable conditions for second entrepreneurship and high-quality development of new lotus.

According to Li Houwen, in 2022, the Lotus Health Board of Directors will be based on the long-term and overall planning, combined with the current situation of industry development, the company's development reality and future expectations, and after full research and demonstration, formulate the "521 Brand Rejuvenation Strategy" and define the strategic development goals for the new stage.

"to achieve this goal, on the one hand, we will continue to expand and strengthen the main business of condiments and food, strengthen the driving force for endogenous development, and at the same time give full play to the advantages of the platform, strengthen horizontal integration, and strive to expand the increment, optimize the structure, and increase the overall scale and market share through mergers and acquisitions and win-win cooperation; on the other hand, on the basis of strengthening the main business, actively open up the second growth curve." Li Houwen said.

According to Li Houwen, in terms of specific measures, Lotus Health will adhere to solid innovation and continue to expand and strengthen its main business of condiments and food.

"In recent years, focusing on the main business track, we have adhered to solid innovation, deepened reforms, continued to cultivate new advantages, and promoted the incremental expansion of the business system, and achieved positive results. Relying on the company's comprehensive advantages such as national enterprise technology center, post-doctoral scientific research station and national wheat processing technology research and development sub-center, we have grasped the new opportunities for the rise of domestic products, continuously increased the research and development of new products and the construction of new channels, and successively developed cooking wine, vinegar liquid condiment series and compound condiment series such as matsutake fresh and hot pot base on the basis of tamping the main products such as monosodium glutamate and chicken essence, To further enrich the product system. In addition, Lotus Health officially entered the high-end water and beverage market this year, and successively launched a series of products such as mineral water, soda water, and children's water, striving to provide consumers with more healthy and high-quality products and inject new impetus into the company's high-quality development." Li Houwen said.

It is understood that at present, Lotus Health is further promoting the construction of youth, digitalization, internationalization, intelligence and scene, and is further promoting digital marketing to promote the coordinated development of online new retail and offline business. Data show that as of September 30, 2023, the Lotus brand has accumulated 1.57 billion hot topics across the network, such as Douyin, WeChat and Weibo.

In this regard, Li Houwen said, "What Lotus wants to do is not to become a temporary 'net red', but a continuous 'long red'. As a 40-year-old national brand, we first of all insist on doing our products well and providing consumers with more reliable quality products and shopping experience services".

Open up the second growth curve and enter the field of scientific and technological innovation such as intelligent computing power.

Recently, Lotus Health's entry into the field of intelligent computing has attracted much attention.

In this regard, Li Houwen said that in the past three decades, China's economic development has experienced the real estate era, the financial era and the Internet era. Based on the present, China is gradually moving towards a powerful country in science and technology. Looking forward to the next 30 years, it will usher in a more brilliant "science and technology era", which is a great opportunity for the development of enterprises. As the main engine of the fourth scientific and technological revolution, artificial intelligence has developed in a blowout manner, with greater potential in the future, and computing power and its industrial chain are the major cornerstones supporting the accelerated development of artificial intelligence, which contains huge market opportunities. The state is also encouraging enterprises to participate more vigorously in related scientific and technological innovation fields.

"With the full opening of the digital economy era, computing power is injecting new momentum into the digital transformation of all walks of life in a new form of productivity, and has become an important driving force for high-quality economic and social development. As the main carrier of computing power, computing power infrastructure is an important resource and infrastructure to support the development of digital economy. It plays an important role in realizing digital transformation, cultivating future industries, and forming new driving forces for economic development." Li Houwen said.

Therefore, in order to actively respond to the national and local calls, seize the opportunity of the "great era of science and technology", inject new momentum into the digital transformation of Lotus Health's main business, and promote the digitalization of local industries and the development of digital industries, Lotus Health officially entered the fields of scientific and technological innovation such as intelligent computing power this year, opened up a second growth curve, and registered and established a wholly-owned subsidiary, Lotus Kechuang.

Public information shows that in September this year, Lotus reached a strategic cooperation relationship with Xinhua 3, a subsidiary of Ziguang Group, to fully tap and give full play to the respective advantages of both parties, to achieve complementary advantages and strong alliances, to efficiently build a first-class intelligent computing center, and to efficiently promote the implementation of computing power leasing business to meet the computing power needs of application industries such as general large models, autonomous driving, robots, and meta-universe, jointly provide governments, enterprises and individual customers with richer and multi-level communication, information infrastructure, information content and digital services.

"For Lotus, opening up a second growth curve and entering the fields of scientific and technological innovation such as intelligent computing power and AI is by no means a short-term story to be told, but a long-term practical matter to be done. This is a major strategic decision made by the company after thorough research and demonstration based on long-term strategic development considerations. This is not only a strategic new business based on the company's long-term development strategy, but also a major strategic decision to promote the digital economy to empower the company's main business and promote the re-engineering of high-quality development of the new lotus." Li Houwen said.

Li Houwen said that Lotus's opening up a second growth curve is by no means to weaken the main business. On the contrary, the status of the main business will only continue to strengthen. In the future, the main business of lotus condiments and food will form a "two-wheel drive" with the science and technology business sector, injecting strong momentum into the new lotus with high-quality development and contributing to the development of the local condiment, food and computing industry chain.