Origin Agritech establishes new subsidiary in Hainan
The new wholly owned subsidiary in Hainan province will focus on nutrition enhanced corn research, seed production and feed corn production
China based Origin Agritech Limited, an agriculture technology company, announced that the company established a new subsidiary in Hainan Island to expand the capacity of nutrition enhanced corn production.
The new wholly owned subsidiary in Hainan province will focus on nutrition enhanced corn research, seed production and feed corn production by taking advantage of the three corn growing seasons per year on Hainan Island. Over 50,000 Mu contract growing of feed corn has been initiated for the 2022 growing season, and significant growth is expected for next growing season.
Origin Agritech nutritionally enhanced corn reduces the need for expensive additives such as soybean meal for feed stock companies. As global grain prices surge, it offers great cost savings to feed stock companies. Origin Agritech is currently in discussion with numerous feed stock companies for large orders as well as for partnerships, such as the previously announced collaboration with BaoDao Feed Limited.
“I am very proud of our scientists for having bred a corn variety that is having such a positive impact for feed stock companies and for the entire food supply chain,” said Dr Gengchen Han, Origin Agritech’s Chairman. “With our leading position in GMO and gene editing technology, we expect to market more nutrition enhanced corn hybrids in the near future and thus help to increase China’s domestic food production.”
The new wholly owned subsidiary in Hainan province will