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 Ltd (SEED) is a leader in agricultural biotechnology focused on genetically enhanced crop seeds and sustainable farming solutions. This page provides investors and industry professionals with comprehensive access to the company's official announcements and market-moving updates.
Track critical developments including quarterly earnings reports, biotechnology breakthroughs, and strategic partnerships. Our curated news feed covers regulatory milestones for GMO seeds, gene editing advancements, and licensing agreements with global agricultural partners.
Key updates include research collaborations with academic institutions, biosafety certifications for transgenic crops, and innovations in hybrid seed development. All content is sourced directly from company filings and verified industry channels to ensure accuracy.
Bookmark this page for real-time access to Origin Agritech's financial disclosures, product launch announcements, and sustainability initiatives shaping modern agriculture.
Origin Agritech Ltd. (NASDAQ: SEED) announced its addition to two new equity indices, the FTSE Micro Cap Index and the FTSE Total Cap Index, effective September 16, 2022. These indices are part of the FTSE Global Equity Index Series, which includes over 16,000 securities from developed and emerging markets. The FTSE Global Micro Cap Index represents the smallest segment of the global equity market, while the FTSE Global Total Cap Index includes large, mid, small, and micro caps globally. This addition may enhance the visibility and accessibility of Origin Agritech to investors.
Origin Agritech Ltd. (NASDAQ: SEED) announced strong preliminary corn crop yields despite extreme temperatures and drought affecting other regions in China. The company's superior corn hybrids thrived in conditions that were severe yet less harsh than other areas. Chairman Dr. Gengchen Han emphasized the importance of agritech solutions in combating global warming's impact on food supply. Origin's drought-tolerant GMO corn trait is ready to market pending China's GMO approval, reinforcing its commitment to innovative agricultural technologies.
Origin Agritech Ltd. (NASDAQ: SEED) announced that its Director of Investor Relations, Joe Ramelli, was featured on The Wall Street Resource Podcast. During the interview, he highlighted the company's impressive 300% growth rate and discussed recent partnerships and growth initiatives. The interview is accessible to listeners at no cost via The Wall Street Resource. Origin Agritech is known for its innovations in agricultural biotechnology, including transgenic corn products.
Origin Agritech Ltd. (NASDAQ: SEED) has signed a contract planting agreement with Sichuan Yingdafeng Agriculture Tech Co., Ltd. for the 2023 growing season. The agreement involves the cultivation of 100,000 mu (16,500 acres) of Origin's NEC corn, with Origin guaranteeing to purchase all harvested corn. This expansion in Sichuan Province aims to enhance logistics and reduce shipping costs while supplying corn to local hog farms. The deal reflects Origin's strategy to meet the increasing demand for NEC corn, as stated by Chairman Dr. Gengchen Han.
Origin Agritech Ltd. (NASDAQ: SEED) announced the approval of six new corn varieties by China's National Crop Variety Approval Committee on August 4, 2022. The new varieties include AOYU 728, notable for its resistance to various diseases and higher yields. Additionally, several hybrids offer significant nutritional enhancements, such as 45% more folic acid and higher vitamin E content. Dr. Gengchen Han, Chairman, emphasized the company's accelerated growth in developing innovative corn varieties, highlighting a positive market trajectory for Origin Agritech.
Origin Agritech Ltd. (NASDAQ: SEED) has announced a significant order worth $35 million from Muyuan Foods, China's largest hog farming company. This order is part of a broader 100 million metric ton purchase agreement over five years. Muyuan intends to grow Nutritionally Enhanced Corn (NEC) in its 494,000 acres farmland, aiming to reduce livestock feed costs and carbon footprint. The collaboration signifies a strategic partnership between the two companies, leveraging Origin's innovative agricultural technologies.
Origin Agritech Ltd. (NASDAQ: SEED) announced that five new sweet and waxy corn hybrid varieties have completed registrational trails and are awaiting production approval. These hybrids include a sweet corn variant enriched with 45% more folic acid and others with increased vitamin E and phenolic compounds, targeting the rising demand in the Chinese market. Additionally, the company is testing hundreds of Nutritionally Enhanced Corn (NEC) hybrids for animal feedstock across major corn-producing areas in China in 2022.
Origin Agritech Ltd. (NASDAQ: SEED) announced a supply agreement with Yunnan Feeding Company for 20,000 metric tons of nutritionally enhanced corn (NEC), valued at RMB62 million ($9.2 million). This order adds to a previous agreement of 50,000 metric tons, bringing the total backlog to RMB217 million ($32 million). The company expressed satisfaction with the growing demand for NEC and is focused on ramping up production. This growth reflects the positive reception in the feedstock industry.
Origin Agritech Ltd. (NASDAQ: SEED) reported significant financial growth in the first half of fiscal 2022, with revenues of RMB46.4 million (US $7.3 million), a remarkable 300% increase compared to the previous year. The company achieved a net income of RMB1.3 million (US $0.2 million) or $0.03 per share. Although operating expenses rose by 18% to RMB14.3 million, the strong demand for its new corn varieties drove this growth. Origin reaffirms a full-year guidance of 300% sales growth amid expanding production capabilities and upcoming product launches.
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