Origin Agritech Announces Inclusion in Two FTSE Russell Indices

Author: Fuller Wang, PRNewswire Sep 12, 2022 01:57 PM (GMT+8)

Origin Agritech Limited is a leading Chinese agricultural technology company founded in 1997 and headquartered in Zhong-Guan-Cun (ZGC) Life Science Park in Beijing.

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Origin Agritech (SEED: NASDAQ) announced it would be included in two new equity indices, the FTSE Micro Cap Index and the FTSE Total Cap Index, which will be effective in September 16, 2022.

Origin Agritech Limited is a leading Chinese agricultural technology company founded in 1997 and headquartered in Zhong-Guan-Cun (ZGC) Life Science Park in Beijing. In crop seed biotechnologies, Origin Agritech's phytase corn was the first transgenic corn to receive the Bio-Safety Certificate from China's Ministry of Agriculture. Over the years, Origin has established a robust biotechnology seed pipeline including products with glyphosate tolerance and pest resistance (Bt) traits.

In July 2022, the company announced five newly developed sweet and waxy corn hybrid varieties with different nutritional components have completed registrational trials and are pending production approval.  the newly developed corn hybrids include a sweet corn hybrid containing 45% more folic acid and other hybrids with significant increases in vitamin E, phenolic compounds, and other nutritional value-added characteristics. The demand for high-quality sweet and waxy corn for human consumption has grown significantly in the Chinese market in recent years. Origin's newly developed nutritional value-added hybrids will address this high-value market.