Connect with:
Friday / October 18. 2024

logo
mobile-logo
HomePosts Tagged "ORIGIN AGRITECH"
Agri Genomics, Agribusiness, Agrotech, China, Company News, Finance

Company completed trials of two new hybrids and four GMO corn hybrids currently in national trials.

Origin Agritech Ltd., a leading Chinese agricultural technology company, provided an update on its financial and operational performance. Origin Agritech reported an estimated half-year revenue of RMB 85-95 million, an increase of 30-40 per cent compared to the same period in the previous fiscal year.

Product and Innovation updates:

New Hybrid Developments: Two new hybrids have successfully completed three years of national trials and are expected to receive approval this summer. These hybrids are anticipated to be commercially available in 2025. Furthermore, an additional 15 new hybrids have entered the national official registration trial, highlighting the Company’s ongoing commitment to expanding its product portfolio.

GMO Hybrid Trials: Progress continues in developing genetically modified organisms (GMOs), with four GMO hybrids undergoing national GMO hybrid trials. This initiative represents a significant step in the Company’s efforts to introduce traits that enhance crop resilience and yield.

Biosafety Certification Application: Origin has submitted a new application for a GMO bt/gt trait for biosafety certification to further its advancements in GMO technology. This submission underscores the Company’s dedication to adhering to regulatory standards while pushing the boundaries of agricultural biotechnology.

NEC Hybrid Success: The Company is also proud to report the successful performance of its new NEC hybrid. Following promising results, plans are underway to prepare for large-scale planting in Xinjiang. This expansion is poised to contribute significantly to the region’s agricultural productivity and sustainability.

Dr. Gengchen Han, Chairman and CEO of Origin Agritech, commented, “Origin Agritech continues to lead the way in agricultural innovation, as evidenced by our strong financial performance and exciting progress in product development. With new hybrids and GMO technology advancements, we are setting the stage for a future where agriculture is more productive, sustainable, and resilient. We remain committed to leveraging our gene editing and hybrid development expertise to address the pressing challenges of food security and agricultural sustainability and deliver high-value solutions to farmers and stakeholders worldwide.”

Company completed trials of two new hybrids

Agri Genomics, Agribiotechnology, Agribusiness, Agrotech, China, Company News

The Company plans to fully integrate this trait into its elite commercial corn line by the end of 2024.

Origin Agritech Ltd., a leading Chinese agricultural technology company, 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 Origin Agritech, stated, “The significant increase in yield potential heralds a new era in corn production, offering a sustainable solution to meet the growing global demand for food. We believe that our gene-edited high-yield corn will play a crucial role in enhancing food security and sustainability worldwide.”

The Company plans to fully integrate this trait into its elite commercial corn line by the end of 2024. This integration is expected to greatly enhance seed yield and significantly reduce the cost of hybrid seed production. In addition, Origin will conduct field demonstrations and seed production trials in the summer of 2024. These events will showcase the technology’s performance and its potential impact on the agriculture industry.

The Company plans to fully integrate this

Agri Genomics, Foodgrains, R&D

The integration of the wild corn gene marks the world’s first instance of using genetics from wild corn—a type of grass—to enhance the performance of commercial corn hybrids

Origin Agritech Ltd. a leading Chinese agricultural technology company, today announced a breakthrough development in its commercial corn hybrid offerings. Origin Agritech has successfully integrated a gene from wild corn into one of its elite commercial corn hybrids for the first time in the industry. This approach represents a significant scientific milestone and sets a new benchmark for crop yield performance and efficiency.

The integration of the wild corn gene marks the world’s first instance of using genetics from wild corn—a type of grass—to enhance the performance of commercial corn hybrids. This innovative genetic modification has improved plant type and photosynthesis efficiency, enabling the hybrid to achieve higher yields by supporting increased plant density per acre.

One of Origin Agritech’s mainstay commercial hybrids, which has been a market leader for over 20 years due to its superior performance, has been the focus of this enhancement. The improved version of this hybrid can now be planted at a 10-15 per cent higher density, offering a potential yield increase of more than 10 per cent. This advancement is expected to drive the new hybrid to replace the current version within two years, further solidifying Origin Agritech’s market share and leadership in the agricultural sector.

Dr Gengchen Han, Chairman and CEO of Origin Agritech, stated, “This breakthrough is a testament to Origin Agritech’s commitment to innovation and our continuous efforts to push the boundaries of agricultural technology. By harnessing the untapped potential of wild corn genes, we have significantly improved our hybrid’s performance, setting a new standard for efficiency and yield in the industry. We anticipate the enhanced hybrid will replace its predecessor and capture more market share thanks to its superior performance and adaptability. This is a proud moment for our team and a major step forward in our mission to provide sustainable and high-performing agricultural solutions to the world.”

Origin Agritech is dedicated to leveraging cutting-edge biotechnological research to develop crops with higher yields, improved nutritional profiles, and better adaptability to environmental challenges. This latest innovation underscores the company’s role as a leader in the global agritech industry and its commitment to enhancing food security and farming efficiency worldwide.

The integration of the wild corn gene

Agrotech, China, Company News

Dr Chen is world-renowned for his many important innovations in traditional and next-generation corn breeding

Origin Agritech Ltd, a Beijing-based agriculture technology company announces the appointment of Dr Shaojiang Chen to the Origin Agritech Board of Directors as an independent director.

“We are thrilled to welcome Dr Chen to the Origin Board,” said Dr Gengchen Han, Origin Agritech’s Chairman. “Dr Chen is world-renowned for his many important innovations in traditional and next-generation corn breeding. He is also very well connected in the agritech community in China, which will benefit Origin on numerous fronts.”

Dr Chen is currently a professor at the China Agricultural University, Agronomy College, where he has been teaching since 2000. During 2017 to 2022, he also served as the Director at the Maize Breeding Engineering Centre of the MOE and has served as the Vice Director at the National Maize Improvement Centre of China. Dr Chen is widely published on many topics relating to fertilisation and corn plant genetics. 

Dr Chen is world-renowned for his many

Agrotech, China, Company News

Yunnan will purchase 20,000 metric tonnes of Origin’s nutritionally enhanced corn

Beijing-headquartered Origin Agritech, an agriculture technology company, announced recently that the company and Yunnan Feeding Company have entered into a supply agreement, under which Yunnan will purchase 20,000 metric tonnes of Origin’s nutritionally enhanced corn (NEC).

Pricing will be based on the prevailing price of corn at the time of delivery but based on current market prices the deal would be valued at RMB3100 per metric ton, or RMB62 million in total ($9.2 million).

Origin had previously announced 50,000 metric ton supply agreement back in April of this year. The approximate combined value of the two orders is RMB217mm ($32 million). This backlog of orders does not include any impact from the previously announced collaboration with BaoDao Feed.

“It is quite gratifying to see the feedstock industry’s excitement and demand for our new corn variety, NEC,” said Dr Gengchen Han, Origin Agritech’s Chairman. “We are focussed on operations and ramping up production to catch up with the quickly increasing demand.”

Yunnan will purchase 20,000 metric tonnes of Origin's

China

The new traits include change of the leaf angle and improvement in drought tolerance of corn

Origin Agritech Limited, an agriculture technology company, announced that the company, together with its partner China Agricultural University, has submitted applications for bio-safety certificates for six newly developed gene edited traits that significantly increase the yield of corn crops.

The new traits include change of the leaf angle and improvement in drought tolerance of corn. Changing the leaf angle and plant types will improve the photosynthesis efficiency and increase the planting population, which in turn increases yields. The new traits will also improve the water use efficiency and drought tolerance for corn plants. Origin is currently integrating these traits into its commercial hybrid corns, including the company’s nutritionally enhanced corn. 

In late January, China announced that the country would allow gene edited crops and that the approval process would be very streamlined as compared to the process for getting a new GMO trait approved.

Origin began creating gene edited corn traits in 2017 and already has developed many other desirable traits. Additionally, Origin’s insect resistant and herbicide tolerant GMO corn is also in the approval process. All of these traits could be integrated into these corn crops as well, further increasing yields.

“Given the current challenges facing the world of food inflation, environmental change and uncertainty of food exports from certain countries due to geopolitical events, we are thrilled to be playing a major role in improving food security,” said Dr Gengchen Han, Origin Agritech’s Chairman.

The new traits include change of the

Agrotech, China

The company has already successfully converted its elite corn hybrids into drought resistant traits.

Origin Agritech an agriculture technology company based in China, has announced that its drought resistant GMO trait has completed production trials and an application has been filed for biosafety certificate approval.

Through its collaboration with the Chinese Academy of Agricultural Sciences (CAAS), Origin has already successfully converted its elite corn hybrids into drought resistant traits. The trait has expressed excellent performance under water stress conditions through the whole growing period. Multiyear experiments have shown the yield of drought tolerance corn is 9.2-16.2 per cent higher than non-GMO corn under similar conditions. Under irrigated conditions, the GMO enhanced corn increases water use efficiency by 33-47 per cent.

Dr Gengchen Han, Origin Agritech’s Chairman, said, “We are very excited to have another GMO trait pending approval for a bio-safety certificate, which is the final step in the approval process before the production license. We expect drought resistance to play a key role in the agricultural industry as it is forced to adapt to climate change disruptions globally.”

The company has already successfully converted its