Origin Agritech Limited · NASDAQ:SEED
Origin Agritech — Investor Presentation (April 2016)
25 slides from Origin Agritech's investor presentation, Apr 27, 2016
Slide 1: Origin Agritech Limited (NASDAQ GS: SEED) April 2016
Origin Agritech Limited (NASDAQ GS: SEED) April 2016
Slide 2: Safe Harbor Statement
Safe Harbor Statement This presentation may contain forward - looking statements. All forward - looking statements included in this presentation are based on information available to us on the date hereof. These statements involve known and unknown risks, uncertainties and other factors, which may c
Slide 3: Presentation Outline
• Origin History and Background • New Leadership and Global Strategy • Products, Pipelines and Opportunities • Company Accolades Presentation Outline
Slide 4: Company History
Origin Agritech is transforming into a leading biotechnology seed company, strategically positioned for global success. First private seed company in China 1997 – 2005 Startup Stage Transition from traditional company to biotech seed development company 2006 – 2015 Growth Stage New Origin Agritech 2
Slide 5: Company Background
• Founded in Beijing in 1997 • First private seed company in China • Leading corn seed biotechnology research in China • Started GMO research programs in 2002. • In 2005, established the “Origin Life Science Research Center”, the first agri - biotech research center in China. • In 2009, the first to
Slide 6: Company Background Milestones
Built an R&D center in Tongzhou, Beijing ▪ 2001 ▪ 2002 Started GMO research ▪ 1997 Startup of Origin Agritech Listed on NASDAQ; Established Origin Life Science Research Center Received Bio - safety Certificate for phytase transgenic corn Started the state - of - the - art Xinjiang Plant 2012 Receive
Slide 7: Company Background
~ Company Background {8 Origin Agritech Limited
Slide 8: New Strategic Direction
Globally focused seed biotech and breeding company Domestic seed production and distribution company Beijing Origin Seed State Harvest New Origin Agritech New Strategic Direction
Slide 9: New Leadership
• Dr. Gengchen Han, Founder, Chairman of the Board • 20+ years of experience in research and development of hybrid corn seed products • Multinational agribusiness experience and International Maize and Wheat Improvement Center (CIMMYT) • Ph.D. in plant breeding & cytogenetics from Iowa State Univers
Slide 10: Strategic Collaborations
• Trait Access • Started GMO research in 2002 • CAAS agreement established in 2006 • Bt, Gt, Trait - collaboration agreement in 2009 • Trait Development / Commercialization • Collaborative commercial agreement with DuPont Pioneer in 2016 • Origin/CAAS Biotech lab to be set up in 2016 Strategic Colla
Slide 11: New CEO/President
• Dr. William S. Niebur • Background • Motivation • Vision New CEO/President
Slide 12: Global Leadership Team
• Technical/Commercial/International – Experience • Industry/NGO/Academic – Talent • Favorable Timing • Dr. Gengchen Han • Company Transformation • U.S. - China Relations / Food & Agriculture Global Leadership Team
Slide 13: Global Growth Strategy First 100 Days
• Focus • Management Team • Collaboration Partners • Seed Business • Agenda • Origin Brand • Growth Plans • Execution • Communication / Priority Setting • Board of Directors • Stakeholders • Employees Global Growth Strategy First 100 Days
Slide 14: Trait Development
• Glyphosate Tolerance(Gt) – Safety application • Double Stack( Bt+Gt ) – Advanced from environmental release to production trial • Major collaboration agreement with DuPont Pioneer • Chinese government policy on commercial GMO corn Trait Development
Slide 15: Biotech Corn Seed GMO Pipelines
Traits PHASE1 PHASE2 PHASE3 PHASE4 PHASE5 Corn Hybrid + GMO Commercialization Laboratory Research Intermediate Test Environment Release Test Production Test Safety Certificate Variety Production Test Variety Safety Certificate Variety Approval Phytase Glyphosate Tolerance (GT) Double Stack GT+Bt Tri
Slide 16: Non-GMO Corn Hybrids
• Seven new hybrids approved from official trials and registration in 2015, eight more proposed for registration in 2016 • > 100 additional test locations established for GREEN PASS testing program in 2016 • Additional corn hybrids to be presented for registration/commercialization from GREEN PASS p
Slide 17: Hybrid Corn Seed Registration and Approval
Non - GMO Advantage Year Pre - Registration Trial Registration Trial 1 Registration Trial 2 Field Demo Registration Trial 2 + Field Demo Approved 2012 33 18 5 5 3 3 2013 44 12 3 6 2 7 2014 18 6 3 5 3 8 2015 13 27 4 3 N/A 7 2016 8 12 6 5 3 2 Hybrid Corn Seed Registration and Approval Notes: 1. This t
Slide 18: China Biotech Opportunities
China Biotech Opportunities • 12/2013: In his talk on GMO, Chinese president Xi Jinping backed China’s development of GMO crops. He stressed the need for safety and support of GMO technologies. • 10/2014: Chinese government, including MOA and government controlled TV stations, issued a notice to pro
Slide 19: State Harvest – Biotech Potential
State Harvest – Biotech Potential • Food demand and animal protein consumption increasing rapidly in China with continued growth projected • Chinese government invested several billion RMB on GMO research to increase and stabilize future crop yields • State Harvest has invested over 300 million RMB
Slide 20: State Harvest – Biotech Global Opportunities
State Harvest – Biotech Global Opportunities • Our glyphosate tolerance and the stacked traits of glyphosate tolerance/insect resistance have shown promising results in field tests compared to existing GMO traits. • Demand for phytase in the global feed industry is increasing such that phytase trans
Slide 21: State Harvest – Advantage in Breeding and Germplasm
State Harvest – Advantage in Breeding and Germplasm • Advanced Breeding Technologies: Over the last several years, Origin has focused on advanced breeding technologies, including Mo lecular Marker Assisted Breeding and integrating Doubled Haploid technologies. • State - of - the - Art Breeding Capab
Slide 22: State-of-art Production and Conditioning Plants
State - of - art Production and Conditioning Plants Origin Agritech has two main production and conditioning bases in the Gansu and Xinjiang provinces. The state - of - art Xinjiang plant is now the largest single corn conditioning line in Asia. Along with partners, this facility utilizes complete a
Slide 23: Distribution Channel Innovations
• Origin is a leading seed company with a nation - wide distribution network and innovative ideas. Recent innovations include: • Cell - phone based ordering and sales management systems • Online sales and marketing with offline logistics and customer services • Direct marketing to farmers, especiall
Slide 24: Beijing Origin Seed – Rich product lines
• Broad Product Lines : Origin corn seed business has one of the broadest corn seed offerings in China with varieties approved for all major corn planting regions. • New Product Introductions : Over the past 20 years, Origin has successfully introduced 97 new corn seed varieties across different pla
Slide 25: Major Accolades
• 2007: Rated “Asia’s Top 200 Small and Medium Sized Public Companies” by Forbes Magazine • 2009: Received the Bio - Safety Certificate for the world’s first transgenic phytase corn seed from the Chinese Ministry of Ag • 2010: Rated “Key Chinese Industrial Agriculture Enterprise” by MOA, NDRC, SAT a