Welcome to our dedicated page for Origin Agritech news (Ticker: SEED), a resource for investors and traders seeking the latest updates and insights on Origin Agritech stock.
Origin Agritech Limited (NASDAQ: SEED) is a Chinese agricultural technology company headquartered at the Origin R&D Center in Songzhuang, Tongzhou, Beijing. The SEED news page on Stock Titan aggregates company announcements and media releases so readers can follow Origin’s disclosures on corn seed biotechnologies, GMO traits, and breeding platforms.
Company news frequently covers research and development milestones, such as progress in GMO corn hybrid trials, gene editing programs for traits like leaf angle and plant height, and tools like the MIGC 20K gene chip developed by Origin’s Marker Biological Breeding Platform. Origin also reports on collaborations with institutions including China Agricultural University and the Beijing Academy of Agricultural and Forestry Sciences, as well as consortiums formed to support trait licensing and commercialization.
Investors and industry observers can also find operational and market updates, including information on seed production licenses, restructuring of production and sales entities under Beijing Origin Seed Ltd., and the activation of full-scale seed processing operations at the Xinjiang production base. News items describe the company’s automated processing line and its role in supplying corn seeds to agricultural regions in China.
Another recurring theme in Origin’s news is commercial and distribution activity. Releases describe industry summits, regional variety showcases, and events in areas such as Zhengzhou and Changchun that bring together distributor partners and industry experts. These updates highlight new corn varieties, regulatory approvals, and initiatives like the Golden Harvest Club and brand symbiosis programs.
By reviewing SEED news, readers can track Origin Agritech’s reported progress in biotechnology, partnerships, governance developments, and capital transactions disclosed through press releases and related communications.
Origin Agritech (NASDAQ: SEED) has appointed Li Yang as Chief Operating Officer (COO) and Board Director, effective immediately. With over 20 years of experience in investment activities and corporate management, Li Yang brings extensive expertise to drive Origin's operational strategy and execution. His background includes directorships in companies listed on Hong Kong stock exchanges, spanning industries such as Natural Resources, Agriculture, and Technology.
Li Yang's appointment is expected to enhance Origin Agritech's market presence and expand its innovative agricultural technologies. He holds a Master's Degree in World Economics from the Chinese Academy of Social Sciences and an MBA from Shenzhen Economic and Management Institute. Dr. Gengchen Han, Chairman and CEO of Origin Agritech, expressed confidence in Li Yang's ability to contribute significantly to the company's growth and success.
Origin Agritech (NASDAQ: SEED), a leading Chinese agricultural technology company, has announced its revenue projections for key product lines through 2029. The company expects significant growth, with total revenue projected to increase from ￥52,580,000 ($7,240,000) in 2022 to ￥958,747,000 ($132,019,000) by 2029. This growth is driven by three main product lines: hybrid seeds, NEC, and GMO.
The projections assume that China's GMO corn will account for 70% of the total corn planting area in 5 years, with Origin aiming for a 5% market share. GMO seeds are expected to contribute revenue starting in 2025, while GMO IP granting business is projected to begin in 2027. The company's CEO, Dr. Gengchen Han, expressed optimism about Origin's growth prospects and its role in addressing global food security challenges.
Origin Agritech (NASDAQ: SEED), a leading Chinese agricultural technology company, announced significant progress in GMO commercialization, hybrid crop performance, and gene editing innovations.
The company received China's GMO safety certificate for its transgenic maize, BBL2-2, and is advancing several hybrids incorporating these traits, expecting approvals within 1-2 years.
Commercial hybrids like OY728 have demonstrated superior yield and resilience, with an improved version due in 2025. The gene editing business has also achieved remarkable breakthroughs, including a high-yield corn inbred line with a 50% yield increase.
Investor questions highlighted near-term revenue from corn variety Aoyu 728 and GMO hybrid corn Aoyu 64BF, which will enter the market soon. The company also plans to commercialize its gene editing platform using CRISPR technology.
Origin Agritech (NASDAQ: SEED), a leading Chinese agricultural technology company, will hold a business update investor webcast on Thursday, July 11, 2024, at 8:00 AM ET (8:00 PM Beijing Time). The webcast will be led by Chairman and CEO Dr. Gengchen Han. Investors can submit written questions by July 1st via email to ir@originseed.com.cn. The event includes a guided presentation accessible via a live webcast. To register for the webcast, visit the provided link. Participants may also join by phone using the specific conference call numbers and ID.
Origin Agritech (NASDAQ: SEED) announced a significant breakthrough in maize gene editing, published in the journal Nature. The study demonstrates the successful use of maize induction line gene editing technology to improve leaf angle in maize inbred lines, potentially enhancing yield at high planting densities. Origin, with China Agricultural University, created the world's first efficient genetic transformation system for maize induction line Hi3, significantly reducing the time required compared to traditional methods. The commercialization of this technology in China is expected within 1-2 years, with a market potential exceeding $1.5 billion. This advancement could revolutionize maize cultivation, improve crop performance, and support sustainable farming.
Origin Agritech (NASDAQ: SEED) reported strong financial results for the first half of FY2024, ending March 31, 2024. The company saw a 39.1% increase in net revenues, reaching RMB 92 million (US$13 million), and decreased operating expenses by 10% to RMB 13.4 million (US$1.9 million). This led to a net profit of RMB 1.4 million (US$0.2 million), compared to a net loss of RMB 1.1 million in the same period last year. Earnings per share were RMB 0.21 (US$0.03).
Operationally, Origin Agritech received a GMO safety certificate for its transgenic maize, BBL2-2. Additionally, two new hybrids are expected to receive regulatory approval by summer 2024, with commercial availability in 2025. The company also announced a breakthrough in high-yield corn, showing a 50% yield increase. Origin Agritech remains focused on securing regulatory approvals and preparing for the commercial launch of new products.
Origin Agritech (NASDAQ: SEED) has received a GMO safety certificate for its transgenic maize, BBL2-2, containing two insect-resistant genes and one herbicide-tolerance gene. The certification marks a significant milestone for the company and the agricultural sector, allowing for the commercial rollout of BBL2-2. This new product is expected to enhance agricultural productivity, sustainability, and pest management, setting a new standard in sustainable agriculture.
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