Origin Agritech announces major milestones

Origin Agritech (SEED) announced a series of major milestones designed to enhance its operational capabilities, strengthen its market position, and advance its long-term growth strategy. Origin Agritech has received a new crop seed production and operation license from the Beijing Municipal Bureau of Agriculture and Rural Affairs, authorizing the Company to produce, process, package, wholesale, and retail corn seeds. This license represents a significant step forward in expanding Origin’s production capacity and operational infrastructure. With this approval, Origin now holds two crop seed production and operation licenses in China -the other being held by its subsidiary Xinjiang OriginBio Seed Limited – enabling a broader regional footprint and greater revenue diversification across complementary markets. Additionally, the Beijing Tongzhou District Market Supervision Administration has formally approved the inclusion of genetically modified crop seed production in the Company’s business scope. In parallel, Origin has increased the registered capital of its subsidiary Beijing Origin Seed from RMB 30M, or $4.2M, to RMB 100M, or $14M. The Company has also completed a strategic restructuring, consolidating its key production and sales entities – including Xinjiang Originbo Seed Limited – under Beijing Origin. This integration establishes Beijing Origin as the Company’s primary operational hub, enhancing efficiency and supporting future scalability.