Lotus Holdings Co., Ltd.
莲花控股
A monosodium-glutamate incumbent that has bolted GPU leasing onto its condiment business, now one of the more closely watched跨界 computing-power plays in A-shares.
- Headquarters
- Xiangcheng, Zhoukou, Henan, China
- Region
- Other China
- Founded
- 1998
- Stage
- Public
Overview
Lotus Holdings, formerly Henan Lotus MSG and later Lotus Health Industry Group, was founded in 1983, listed on the Shanghai Stock Exchange in 1998 and renamed Lotus Holdings in 2024. Its consumer business covers MSG and amino-acid seasonings, compound seasonings, liquid seasonings and health food products sold in all provinces of China and exported to more than 70 countries. Since 2023 it has built a second leg in computing power through grandchild subsidiary Zhejiang Lotus Zixing: it bought 330 Nvidia H800 GPU servers (eight GPUs each) from H3C for RMB 693 million in 2023, and by March 2026 had taken delivery of 4,000 accelerator cards. Computing-service revenue was RMB 122 million in 2025, up 51.1%, at a 46.1% gross margin, and RMB 54.4 million in the 2026 interim period at a 53.2% gross margin. Total revenue in the 2026 interim period was RMB 1.91 billion, up 18.1%, with net profit attributable to shareholders of RMB 244 million, up 51.0%. The company has also taken a controlling stake in ABF-film maker Shenzhen Newflex to enter semiconductor materials. Headcount is roughly 1,200.
Products
4GPU computing-power leasing (算力租赁)
GPU server leasing and intelligent-computing centre operation through Lotus Zixing, sold to model developers, AI startups and government customers.
MSG and amino-acid seasonings (味精与氨基酸调味品)
The legacy core category, still the volume anchor of the consumer business.
Compound and liquid seasonings (复合与液态调味品)
Mushroom-fresh, chicken essence, hotpot bases, soy sauce, cooking wine and vinegar.
ABF-type build-up film (ABF 类积层膜)
Semiconductor packaging material via controlled subsidiary Newflex, targeting import substitution in advanced packaging substrates.
Highlights
4- 012026 interim: revenue RMB 1.91bn (+18.1% YoY), net profit RMB 244m (+51.0% YoY), ROE 12.46%.
- 02Computing-service revenue RMB 122m in 2025 (+51.1% YoY) at a 46.1% gross margin, versus roughly 27% for the consumer business.
- 03Bought 330 Nvidia H800 GPU servers from H3C for RMB 693m in 2023; 4,000 accelerator cards delivered by March 2026.
- 04Signed RMB 815m of new leasing contracts in July 2026 and RMB 1.117bn in August 2026.
People
1
Funding
1- Source
IPO
CNY 6.59 亿
Events
0Not yet listed
Related projects
0Not yet listed
Topics
4Coverage
1Information compiled from public sources; refer to the company's official website for authoritative details.