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Stock impact report

Origin Agritech Announces Breakthrough in High-Yield Corn Production Through Gene Editing

Origin Agritech Limited (SEED) 
US:NASDAQ Investor Relations: originseed.investorroom.com
Company Research Source: PR Newswire
Inbred Line Yield Increased Over 50% in TrialsBEIJING, March 20, 2024 /PRNewswire/ -- Origin Agritech Ltd. (NASDAQ: SEED) (the "Company" or "Origin"), a leading Chinese agricultural technology company, today announced a major breakthrough in corn production technology. Building on the Company's track record of innovation, Origin Agritech has developed a high-yield corn inbred line that significantly surpasses the productivity of traditional corn. This groundbreaking advancement was achieved through precise gene editing techniques, marking a significant milestone in the company's commitment to sustainable and efficient agriculture.Over the course of two years of rigorous multilocational field trials, the new gene-edited corn inbred line demonstrated a yield increase of over 50% compared to the original line. This leap in productivity has the potential to addressing global food security challenges through cutting-edge agricultural technologies.Dr. Gengchen Han, Chairman and CEO of Origi Show less Read more
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