The Golden Lotus is awarded for one or several films which are chosen by the jury of each category as the best production of the festival.
It is also possible that the prize is not awarded if the jury decides that no film at the festival deserves the Golden Lotus.
The Golden Lotus Medal was then designed with the image of a Golden lotus along with the name of the winning film carved in a circular shape of gilded metal, placed in a rectangular lacquer box lined with a purple-blue velvet fabric.
From the jury to the award-winning artist, no one received any monetary remuneration as well as material gifts, only such symbolic medals.
This section was later dropped starting at the 20th festival due to the outdated film format.