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Origin Agritech Appoints Mr. Weibin Yan as Chief Executive Officer and Member of the Board of Directors; Dr. Gengchen Han to Remain as Chairman of the Board

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Origin Agritech (NASDAQ: SEED) has appointed Mr. Weibin Yan as the new Chief Executive Officer and member of the Board of Directors, effective immediately. Dr. Gengchen Han will continue as Chairman of the Board. Mr. Yan brings extensive experience in agriculture and leadership, having served as Vice-Chairman of the Hunan Provincial Federation of Industry and Commerce, Chairman of Ausnutria Dairy , and in various executive roles at Yuan Longping High-tech Agriculture Co.,

Mr. Yan's previous experience as an independent director of Origin Agritech from 2017 to 2018 provides him with a deep understanding of the company's operations and strategic direction. He holds an MBA from Hunan University. The appointment aims to lead Origin Agritech through its next growth phase, focusing on commercializing GMO technology and gene editing innovations in crop development.

Origin Agritech (NASDAQ: SEED) ha nominato il Sig. Weibin Yan come nuovo Amministratore Delegato e membro del Consiglio di Amministrazione, con effetto immediato. Il Dr. Gengchen Han continuerà come Presidente del Consiglio. Il Sig. Yan porta con sé una vasta esperienza nei settori dell'agricoltura e della leadership, avendo ricoperto ruoli come Vice-Presidente della Confederazione dell'Industria e del Commercio della Provincia di Hunan, Presidente di Ausnutria Dairy, e in vari ruoli esecutivi presso Yuan Longping High-tech Agriculture Co.

La precedente esperienza del Sig. Yan come direttore indipendente di Origin Agritech dal 2017 al 2018 gli fornisce una profonda comprensione delle operazioni e della direzione strategica dell'azienda. Possiede un MBA dell'Università di Hunan. La nomina ha l'obiettivo di guidare Origin Agritech nella sua prossima fase di crescita, concentrandosi sulla commercializzazione della tecnologia GMO e sulle innovazioni nell'editing genetico per lo sviluppo delle colture.

Origin Agritech (NASDAQ: SEED) ha nombrado al Sr. Weibin Yan como nuevo Director Ejecutivo y miembro de la Junta Directiva, con efecto inmediato. El Dr. Gengchen Han continuará como Presidente de la Junta. El Sr. Yan aporta una amplia experiencia en agricultura y liderazgo, habiendo servido como Vicepresidente de la Federación Provincial de Industria y Comercio de Hunan, Presidente de Ausnutria Dairy, y en varios roles ejecutivos en Yuan Longping High-tech Agriculture Co.

La experiencia previa del Sr. Yan como director independiente de Origin Agritech desde 2017 hasta 2018 le brinda una profunda comprensión de las operaciones y la dirección estratégica de la empresa. Tiene un MBA de la Universidad de Hunan. La designación tiene como objetivo guiar a Origin Agritech a través de su próxima fase de crecimiento, centrándose en la comercialización de tecnología GMO e innovaciones en edición genética para el desarrollo de cultivos.

Origin Agritech (NASDAQ: SEED)는 웨이빈 얀 씨를 새로운 CEO이자 이사회 구성원으로 즉시 임명했습니다. 간첩안 한 박사는 이사회의 의장직을 계속 맡습니다. 얀 씨는 후난 성 산업 상공 회의소 부회장을 역임하고, 오스누트리아 유제품의 회장 및 원롱 핑 하이테크 농업 회사에서 여러 임원 역할을 수행하는 등 농업 및 리더십 분야에서 풍부한 경험을 제공합니다.

얀 씨는 2017년부터 2018년까지 Origin Agritech의 독립 이사로 재직하면서 회사의 운영 및 전략적 방향에 대한 깊은 이해를 갖추게 되었습니다. 그는 후난대학교에서 MBA를 취득했습니다. 이번 임명의 목적은 GMO 기술과 작물 개발에서의 유전자 편집 혁신을 상용화하는 데 중점을 두고 Origin Agritech의 다음 성장 단계로 이끄는 것입니다.

Origin Agritech (NASDAQ: SEED) a nommé M. Weibin Yan comme nouveau Directeur Exécutif et membre du Conseil d'Administration, avec effet immédiat. Dr. Gengchen Han continuera en tant que Président du Conseil. M. Yan apporte une vaste expérience dans l'agriculture et le leadership, ayant été Vice-Président de la Fédération de l'Industrie et du Commerce de la Province de Hunan, Président d'Ausnutria Dairy, et ayant occupé divers rôles exécutifs au sein de Yuan Longping High-tech Agriculture Co.

L'expérience précédente de M. Yan en tant que directeur indépendant d'Origin Agritech de 2017 à 2018 lui donne une compréhension approfondie des opérations et de la direction stratégique de l'entreprise. Il détient un MBA de l'Université de Hunan. Cette nomination vise à diriger Origin Agritech à travers sa prochaine phase de croissance, en mettant l'accent sur la commercialisation de la technologie OGM et des innovations en matière d'édition génétique pour le développement des cultures.

Origin Agritech (NASDAQ: SEED) hat Herrn Weibin Yan zum neuen CEO und Mitglied des Vorstands ernannt, mit sofortiger Wirkung. Dr. Gengchen Han wird weiterhin Vorsitzender des Vorstands bleiben. Herr Yan bringt umfangreiche Erfahrungen in der Landwirtschaft und Führung mit, nachdem er als Vizepräsident des Provinzialverbands für Industrie und Handel Hunan, Vorsitzender von Ausnutria Dairy und in verschiedenen Führungspositionen bei Yuan Longping High-tech Agriculture Co. tätig war.

Die frühere Erfahrung von Herrn Yan als unabhängiger Direktor von Origin Agritech von 2017 bis 2018 verschafft ihm ein tiefes Verständnis für die Abläufe und die strategische Ausrichtung des Unternehmens. Er hat einen MBA von der Universität Hunan. Die Berufung zielt darauf ab, Origin Agritech durch die nächste Wachstumsphase zu führen, wobei der Fokus auf der Kommerzialisierung von GMO-Technologie und genetischen Bearbeitungsinnovationen in der Pflanzenentwicklung liegt.

Positive
  • Appointment of experienced agricultural industry leader as new CEO
  • New CEO's previous experience as independent director of Origin Agritech
  • Potential for growth and innovation in GMO technology and gene editing
Negative
  • None.

BEIJING, Aug. 23, 2024 /PRNewswire/ -- Origin Agritech Ltd. (NASDAQ: SEED) (the "Company" or "Origin"), a leading Chinese agricultural technology company, is pleased to announce the appointment of Mr. Weibin Yan as the new Chief Executive Officer (CEO) and member of the Board of Directors, effective immediately. Dr. Gengchen Han, who has served as CEO, will continue as Chairman of the Board.

Mr. Yan brings a wealth of experience and leadership to Origin Agritech, with a distinguished career in the agricultural and industrial sectors. He is currently the Vice-Chairman of the Hunan Provincial Federation of Industry and Commerce. Mr. Yan was one of the principal founders of Ausnutria Dairy Corporation Ltd. ("Ausnutria"), a company listed on the Hong Kong Stock Exchange, where he served as Chairman from its establishment until September 2023. Under his leadership, Ausnutria became a leading global player in the dairy industry.

Mr. Yan also served as a director of Yuan Longping High-tech Agriculture Co., Ltd. ("Longping High-tech"), listed on the Shenzhen Stock Exchange, from 2004 to January 2016. At Longping High-tech, he held various executive roles, including Chief Executive Officer from 2004 to April 2010 and Vice Chairman of the Board of Directors from 2010 to January 2016.

In addition, Mr. Yan has a history with Origin Agritech, having served as an independent director of the Company from 2017 to 2018. His deep understanding of the Company's operations and strategic direction, combined with his vast experience, positions him well to lead Origin Agritech through its next growth phase.

Mr. Yan holds an MBA in Business Administration from Hunan University, where he also earned his Bachelor's degree in Industrial and Foreign Trade.

Dr. Gengchen Han, Chairman of Origin Agritech, commented: "We are delighted to welcome Mr. Weibin Yan as our new CEO and as a member of our Board of Directors. His extensive experience in agriculture and his proven leadership in building and growing successful companies make him the ideal person to lead Origin Agritech into its next phase of growth and innovation. His experience as an independent director furthers his understanding of our mission and strategic goals. I look forward to working closely with him as we continue to advance our mission of providing sustainable agricultural solutions to meet global food security challenges."

Mr. Weibin Yan, CEO of Origin Agritech, stated: "I am honored to rejoin Origin Agritech at such a pivotal time in the company's history. The advancements in GMO technology and gene editing that Origin has achieved are truly impressive, and I am excited to lead the company as we work to commercialize these innovations and expand our impact on global agriculture. I look forward to contributing to the Board and leading the talented team at Origin to push the boundaries of what's possible in crop development and deliver significant value to our shareholders."

About Origin Agritech Limited
Origin Agritech Limited, founded in 1997 and headquartered in Zhong-Guan-Cun (ZGC) Life Science Park in Beijing, is a leading Chinese agricultural technology company. In crop seed biotechnologies, Origin Agritech's phytase corn was the first transgenic corn to receive the Bio-Safety Certificate from China's Ministry of Agriculture. Over the years, Origin has established a robust biotechnology seed pipeline, including products with glyphosate tolerance and pest resistance (Bt) traits. For further information, please visit the Company's website at www.originagritech.com. The Company also maintains a Twitter account for updating investors on Company and industry developments which is https://x.com/origin_agritech.

For more information, please contact:
Origin Agritech Limited Contact:
Kate Lang (Mandarin/English)
Director of Investor Relations
Phone: +86 186-1839-3368
Email: bing.lang@originseed.com.cn  

Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com

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SOURCE Origin Agritech Limited

FAQ

Who is the new CEO of Origin Agritech (SEED)?

Mr. Weibin Yan has been appointed as the new Chief Executive Officer of Origin Agritech (NASDAQ: SEED), effective August 23, 2024.

What is Mr. Weibin Yan's background in the agricultural industry?

Mr. Yan has extensive experience in agriculture, having served as Vice-Chairman of the Hunan Provincial Federation of Industry and Commerce, Chairman of Ausnutria Dairy , and in various executive roles at Yuan Longping High-tech Agriculture Co.,

Has Mr. Weibin Yan previously worked with Origin Agritech (SEED)?

Yes, Mr. Yan served as an independent director of Origin Agritech (SEED) from 2017 to 2018, providing him with a deep understanding of the company's operations and strategic direction.

What is Origin Agritech's (SEED) focus under the new CEO?

Under Mr. Yan's leadership, Origin Agritech (SEED) aims to focus on commercializing GMO technology and gene editing innovations in crop development, advancing sustainable agricultural solutions to meet global food security challenges.

Origin Agritech Limited

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