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Origin Agritech Ltd. - SEED STOCK NEWS

Welcome to our dedicated news page for Origin Agritech Ltd. (Ticker: SEED), a resource for investors and traders seeking the latest updates and insights on Origin Agritech Ltd..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Origin Agritech Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Origin Agritech Ltd.'s position in the market.

Rhea-AI Summary
Origin Agritech (NASDAQ: SEED) reports an impressive estimated revenue growth of 30-40% in the first half of FY 2024. The company highlights successful completion of national trials for two new hybrids and progress in developing four GMO corn hybrids. Origin also submits biosafety certification application for a GMO trait, showcasing commitment to agricultural biotechnology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.6%
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Rhea-AI Summary
Origin Agritech (NASDAQ: SEED) achieves a breakthrough in corn production technology by developing a high-yield corn inbred line with over 50% increased yield compared to traditional corn through precise gene editing techniques. The company aims to address global food security challenges and enhance sustainability in agriculture.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.41%
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Rhea-AI Summary
Origin Agritech Ltd. (NASDAQ: SEED) announces a groundbreaking development in its commercial corn hybrids by integrating a gene from wild corn, enhancing crop yield performance and efficiency. The improved hybrid offers a potential yield increase of over 10%, driving market share growth and solidifying Origin Agritech's leadership in the agricultural sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.17%
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Rhea-AI Summary
Origin Agritech Ltd. (NASDAQ: SEED) announces the filing of their Annual Report on Form 20-F for Fiscal Year 2023, showcasing positive financial results and setting the stage for future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
64.35%
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Rhea-AI Summary
Origin Agritech Ltd. (NASDAQ: SEED) has regained compliance with Nasdaq's market value requirement, ensuring continued listing on The Nasdaq Stock Market. Dr. Gengchen Han, Chairman and CEO, expressed optimism for the future, emphasizing the company's commitment to growth and shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.51%
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Rhea-AI Summary
Origin Agritech Ltd. (NASDAQ: SEED) has submitted an appeal to Nasdaq to request an extension of time and present its plan to regain compliance with Nasdaq Listing 5550(b)(2). The company is committed to maintaining its Nasdaq listing and is confident it can meet continuing listing compliance. The requested appeal stays any delisting or suspension action pending the issuance of a final decision by Nasdaq.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.76%
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Rhea-AI Summary
Origin Agritech Ltd. (NASDAQ: SEED) reported net income of RMB 120 million (US$ 16.7 million) for the fiscal year ended September 30, 2023, compared to RMB 2.3 million in fiscal year 2022. Revenue was RMB 93.3 million (US$13.0 million), an increase of RMB 40.7 million over the prior fiscal year. However, the company had a loss from operations of RMB 14.5 million (US$ 2 million). Total assets increased to RMB 303.6 million (US$42.3 million) from RMB 136 million, with cash and cash equivalents of approximately RMB 23.7 million (US$3.3 million) as of September 30, 2023. Total shareholders' equity was RMB 12.8 million (US$1.8 million) as of September 30, 2023.
Rhea-AI Impact
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End-of-Day
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Rhea-AI Summary
Origin Agritech Ltd. (SEED) preannounces a 60-70% increase in fiscal year 2023 revenue, totaling $12-13 million, with a net income of $16-17 million, including a one-time gain from a property sale. The company's operating profit is expected to be around $2 million. The Chairman and CEO, Dr. Gengchen Han, highlighted the company's achievements, including major advancements in GMO corn hybrids, nutrition-enhanced corn, and gene editing, as well as strategic joint ventures and expansion plans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.67%
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Rhea-AI Summary
Origin Agritech Ltd. (NASDAQ: SEED) will host a conference call to discuss financial results, GMO progress, NEC production, and biotech progression. Dr. Gengchen Han, Chairman and CEO, will lead the call. Investors can submit written questions by November 19th. Access the call by phone or live audio webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.76%
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Rhea-AI Summary
Origin Agritech Ltd. (NASDAQ: SEED) recapped remarks by Dr. Gengchen Han, Chairman and CEO, on the role of biotechnology in achieving food security at the 2023 Asia-Pacific Agri-Food Innovation Summit. Dr. Han highlighted progress in GMOs and gene editing technologies, addressing challenges and opportunities in the industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.96%
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Origin Agritech Ltd.

Nasdaq:SEED

SEED Rankings

SEED Stock Data

20.84M
5.47M
13.26%
1.85%
1.37%
All Other Miscellaneous Crop Farming
Agriculture, Forestry, Fishing and Hunting
Link
China (Mainland)
Beijing

About SEED

origin agritech is a farming company based out of beijing. origin agritech representatives, don’t miss out on opportunities to build relationships with members on linkedin. claim your page, write a simple description, and share content to attract followers that can lead to new customers, brand fans, and future employees. go here to get started: http://linkd.in/1dupbvu