Lotus Health addresses exchange inquiry on computing power business

Lotus Health Group Company (Lotus Holdings) has responded to inquiries from the Shanghai Stock Exchange regarding its 2024 annual report, focusing on the viability and financial details of its computing power services division. The company reported revenue of CNY 80.64 million from this segment in 2024, with a gross profit margin of 42.45%, but also a net loss of CNY 14.56 million, attributed primarily to high interest expenses and initial operational costs.