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Origin Agritech Receives National Testing Standard Approval for Two GMO Corn Traits

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Origin Agritech Ltd. (NASDAQ: SEED) announced the approval of the Standard Testing Method for two GMO corn seed traits by China's Ministry of Agricultural and Rural Affairs. The approved traits are G1105E-823C, which combines insect resistance with herbicide tolerance, and GH5112E-117C, which provides herbicide tolerance. This approval follows third-party testing and will establish national standards for future testing from November 1, 2020. The company remains a pioneer in agricultural biotechnology, having previously achieved significant milestones in crop seed innovation.

Positive
  • Approval of G1105E-823C and GH5112E-117C traits may enhance market position.
  • Establishment of standard testing methods could streamline future commercialization.
  • Demonstrates compliance with regulatory requirements, potentially boosting investor confidence.
Negative
  • None.

BEIJING, Sept. 22, 2020 /PRNewswire/ -- Origin Agritech Ltd. (NASDAQ: SEED) (the "Company" or "Origin"), an agriculture technology company, today announced that the Standard Testing Method and Procedures of the company's two GMO corn seed traits have been approved in a newly published National Standards Catalog by The Ministry of Agricultural and Rural Affairs of China (MOA).

The traits that received the National Testing Standard approval are G1105E-823C, a double stack of insect resistance and herbicide tolerance corn and GH5112E-117C, an herbicide tolerance corn.

As part of the approval process, Origin's traits were tested and reviewed by third-party institutes appointed by the MOA. This method will be the national standard for testing procedures for these traits in future variety development and commercialization. According to the publication, the Standard will be implemented on November 1, 2020.

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: http://www.originseed.com.cn or http://www.originseed.com.cn/en/.

Forward-Looking Statements

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Contact:

Joe Ramelli
Phone: (310) 845-6238
Email: joeramelli@originseed.com.cn

Cision View original content:http://www.prnewswire.com/news-releases/origin-agritech-receives-national-testing-standard-approval-for-two-gmo-corn-traits-301135196.html

SOURCE Origin Agritech Limited

FAQ

What two corn traits did Origin Agritech receive national testing approval for?

Origin Agritech received approval for G1105E-823C and GH5112E-117C corn traits.

When will the new testing standards for GMO corn traits be implemented?

The new testing standards will be implemented on November 1, 2020.

Which Chinese government body approved Origin Agritech's corn traits?

The Ministry of Agricultural and Rural Affairs of China approved the corn traits.

What are the benefits of G1105E-823C and GH5112E-117C traits?

G1105E-823C offers insect resistance and herbicide tolerance, while GH5112E-117C provides herbicide tolerance.

How does this approval impact Origin Agritech's future operations?

This approval may enhance Origin Agritech's market position and streamline future commercialization efforts.

Origin Agritech Limited

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