<jats:title>Abstract</jats:title><jats:p>Two new and ten known alkaloids have been isolated from the bulbs of <jats:italic>Lycoris aurea</jats:italic> (Amaryllidaceae). The two new compounds, lycosinine A (=[2‐(2,3‐dihydro‐1‐methyl‐1<jats:italic>H</jats:italic>‐indol‐7‐yl)‐4,5‐dimethoxyphenyl]methanol; <jats:bold>1</jats:bold>) and lycosinine B (=2‐(2,3‐dihydro‐1‐methyl‐1<jats:italic>H</jats:italic>‐indol‐7‐yl)‐4,5‐dimethoxybenzaldehyde; <jats:bold>2</jats:bold>), were fully characterized by spectroscopic methods. In addition, a plausible biogenesis of homolycorine from <jats:bold>1</jats:bold> and <jats:bold>2</jats:bold> is proposed (<jats:italic>Scheme</jats:italic>).