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Origin Agritech Announces Development of New Corn Varieties with Different Nutritional Components
BEIJING, July 22, 2022 /PRNewswire/ -- Origin Agritech Ltd. (NASDAQ: SEED) (the "Company" or "Origin"), an agriculture technology company, announced today
About this update from Origin Agritech Limited
[{"type":"text","content":"BEIJING, July 22, 2022 /PRNewswire/ -- Origin Agritech Ltd. (NASDAQ: SEED) (the \"Company\" or \"Origin\"), an agriculture technology company, announced today that five newly developed sweet and waxy corn hybrid varieties with different nutritional components have completed registrational trails and are pending production approval. \nThe newly developed corn hybrids include a sweet corn hybrid containing 45% more folic acid and other hybrids with significant increases in vitamin E, phenolic compounds, and other nutritional value-added characteristics. The demand for high quality sweet and waxy corn for human consumption has grown significantly in the Chinese market in recent years. Origin's newly developed nutritional value-added hybrids will address this high value market.\nIn addition, Origin continues to extend its research effort with Nutritionally Enhanced Corn (NEC) for animal feedstock. Origin is testing hundreds of new NEC hybrids in dozens of locations across the major corn growing areas in China in 2022.\nAbout Origin Agritech Limited\nOrigin 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.\nForward-Looking Statements\nThis communication contains \"forward-looking statements\" as defined in the federal securities laws, including Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements address expected future business and financial performance and financial condition, and contain words like \"expect,\" \"anticipate,\" \"intend,\" \"plan,\" \"believe,\" \"seek,\" \"will,\" \"would,\" \"target,\" and similar expressions and var...