According to Jiemian News, on December 10, in the "Top 100 List of Guizhou Enterprises in 2024" announced by the Guizhou Enterprise Federation and the Guizhou Entrepreneurs Association, Guiyang Nanming Laoganma Flavor Food Co., Ltd. was once again on the list, disclosing that its revenue in 2023 was 5.381 billion yuan.

This means that Laoganma’s revenue is approaching the peak level of 5.4 billion yuan set in 2020. After Laoganma's revenue exceeded the 5 billion yuan mark in 2019, it reached a peak of 5.4 billion yuan in 2020, but fell sharply to 4.201 billion yuan in 2021, and did not rebound to 5.260 billion yuan until 2022.

Tao Huabi, the founder of Laoganma, invented this sauce in 1984. The sauce was very popular in the noodle shop he ran later, so Tao Huabi turned the noodle shop into a store to sell his own sauce. After mass production in 1996, it quickly became a sales hotspot across the country.

For a long time, the Lao Gan Ma brand’s official accounts on multiple social media platforms have stopped updating. For example, Lao Gan Ma’s Weibo account shows “Enterprise qualifications have not been reviewed annually” and does not have any new Weibo content.