Origin Agritech Ltd. (NASDAQ: SEED) (the “Company” or “Origin”), an agriculture technology company, announced today that the company has received approval for six new corn varieties from China’s National Crop Variety Approval Committee.
The approval of these new varieties showcases Origin’s breakthroughs with new breeding technologies. AOYU 728 is a particularly exciting newly approved variety which has unique characteristics such as resistance to stem rot, ear rot, southern rust 891, and small leaf spot, all of which make it very resilient and higher yield.
The other five that received approval are varieties with different nutritional components, one containing 45% more folic acid and other hybrids with significant increases in vitamin E, phenolic compounds, and other nutritional value-added characteristics.
“We continue to accelerate the pace and efficiency with which we are creating revolutionary new corn varieties and getting them to market,” said Dr. Gengchen Han, Origin Agritech’s Chairman. “This is translating into big customer wins and fast growth for the company, which we expect to continue.”
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 @origin_agritech.