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Origin Agritech Establishes Biotechnology Service Consortium to Accelerate Licensing and Commercialization of GMO and Gene Editing Technologies

Business

Origin Agritech Establishes Biotechnology Service Consortium to Accelerate Licensing and Commercialization of GMO and Gene Editing Technologies
Business

Business

Origin Agritech Establishes Biotechnology Service Consortium to Accelerate Licensing and Commercialization of GMO and Gene Editing Technologies

2024-10-21 19:30 Last Updated At:19:45

BEIJING, Oct. 21, 2024 /PRNewswire/ -- Origin Agritech Ltd. (NASDAQ: SEED) (the "Company" or "Origin"), a leading Chinese agricultural technology company, is pleased to announce the establishment of the "Origin Marker Biological Breeding Service Consortium" in partnership with China Golden Marker Biotechnology Co., Ltd. This consortium is designed to license Origin's GMO insect-resistant and herbicide-tolerant (IR/HT) traits to a wider range of industry players and to accelerate the application of Origin's gene editing technology in breeding programs. The signing ceremony for this new initiative took place at the 31st China Seed Industry Conference in Beijing.

The consortium represents a significant step in advancing the commercialization of Origin's cutting-edge GMO and gene editing technologies. Following the Company's receipt of a GMO safety certificate for its transgenic maize, BBL2-2, in May 2024, this consortium will play a key role in promoting the licensing of these GMO traits to seed companies and research institutes., providing a wider opportunity for broader adoption by more industrial players across China's key agricultural regions.

In addition, Origin Agritech's breakthrough gene editing technology, including the world's first efficient genetic transformation system for maize induction line Hi3, is central to the consortium's mission. This gene editing system rapidly improves key traits such as drought resistance, plant architecture, and disease resilience in maize, reducing the traditional breeding timeline from 3-4 years to just one. By integrating this technology into Origin's breeding programs and its partners, the consortium seeks to accelerate product development while expanding the royalty opportunities for new, high-performing maize varieties.

China Golden Marker Biotechnology Co., Ltd., a leading high-tech biotechnology company specializing in next-generation sequencing (NGS), gene chip detection, and molecular marker technology, plays a pivotal role in this consortium. China Golden Marker has invested 67 million yuan to establish a state-of-the-art molecular marker laboratory capable of processing over 1 million samples and generating over 1 billion SNP data points annually.

The consortium is currently advancing three key projects:

The consortium has established cooperative relationships with dozens of breeding companies across China and is improving over 100 corn varieties. These varieties are planted in key corn-producing regions, including Donghua North, Huang Huai Hai, Northwest, and Southwest China.

Bill Deng, Head of Research at Origin Agritech, commented: "Origin Marker adheres to the concept of 'making breeding easier.' By leveraging modern biotechnology, we are committed to assisting the industry in breeding higher quality, high-yield, and resilient corn varieties with greater accuracy and efficiency. Our consortium will play a crucial role in advancing sustainable agriculture in China."

Weibin Yan, Chief Executive Officer of Origin Agritech, commented: "What matters most about this consortium is how it will significantly accelerate the commercialization of our GMO and gene editing technologies by a bigger team and accessibility to more research institutes and seed companies. By combining our groundbreaking innovations with the advanced laboratory capabilities of China Golden Marker, we are streamlining the path from lab to market. This partnership will enable us to bring our high-impact solutions to the agricultural industry faster than ever before."

About Origin Agritech Limited

Origin Agritech Limited, founded in 1997 and headquartered in Zhong-Guan-Cun (ZGC) Life Science Park in Beijing, is a leading Chinese agricultural technology company. 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. For further information, please visit the Company's website at www.originagritech.com. The Company also maintains a Twitter account for updating investors on Company and industry developments which is https://x.com/origin_agritech.

For more information, please contact:
Origin Agritech Limited Contact:
Kate Lang (Mandarin/English)
Director of Investor Relations
Phone: +86 186-1839-3368
Email: bing.lang@originseed.com.cn

Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Origin Agritech Establishes Biotechnology Service Consortium to Accelerate Licensing and Commercialization of GMO and Gene Editing Technologies

Origin Agritech Establishes Biotechnology Service Consortium to Accelerate Licensing and Commercialization of GMO and Gene Editing Technologies

NANCHANG, China, Oct. 21, 2024 /PRNewswire/ -- To further deepen the cultural and tourism collaboration between Nanchang and Hong Kong, and to promote mutual assistance in cultural tourism, interchange of visitors, and resource sharing between the two places, on October 17th, the "Heroes Take the Stage, Life is Where We Meet • Nanchang Welcomes You!" Nanchang Cultural Tourism (Hong Kong) Promotion Event, organized by the Nanchang Municipal Bureau of Culture, Radio and Tourism, was successfully held. Mr. Li Songdian, a member of the Standing Committee of Nanchang Municipal Committee and the Minister of the Propaganda Department, Hongkong legislators, Mr. Yao Boliang and Mr. Yang Yongjie, as well as over 100 distinguished guests from the Central Liaison Office, Hong Kong Asia Cultural Cooperation Center, Hong Kong Legislative Council, Hong Kong Tourism Board, Hong Kong Tourism Federation, Hong Kong Education Workers' Federation, Hong Kong China Tourism Association, Hong Kong China Travel Service, and other well-known tourism enterprises, and media journalists attended the event.

At the promotion event, Mr. Li Songdian, a member of the Standing Committee of Nanchang Municipal Committee and the Minister of the Propaganda Department, stated that Nanchang is a historically and culturally famous city with a profound heritage and is filled with glory. It is a green ecological city surrounded by mountains and rivers, where cranes and porpoises live, and it is a youthful city brimming with vitality and dynamism. In the 2023 London World Travel Market, Nanchang was rated as one of "China's Top10 Must-Visit Travel Destinations." Here, the August 1st Uprising Memorial witness the century-old glorious history of a strong military. Here, there are the Neo-Confucian strongholds where Zhu Xi and Wang Yangming wrote their sacred works, and the pinnacle of glory established by the Eight Great Masters and Fu Baoshi. Here, there is the millennia-old charm of the Anyi Ancient Village Group, the historical echo of the "Folk Forbidden City" Wangshan Earth Building, as well as the thousand sails fighting the waves in the Nanchang International Dragon Boat Race.

Minister Li Songdian sincerely invited Hong Kong citizens to visit and experience Nanchang. Nanchang will be waiting with diverse cultural experiences, enthusiastic tourism services, a dynamic urban atmosphere, and hot and spicy local cuisine. To welcome Hong Kong compatriots, Nanchang has also carefully prepared a series of extraordinary cultural and tourism feasts, covering six classic scenes: climbing the Tengwang pavilion, crossing to meet the marquis, watch the flag-raising ceremony, walking the history paths, lakeside bird watching, and tasting mixed-noodles and spicy food, allowing Hong Kong tourists to fully experience the unique charm of this city.

At the promotion event, a AIGC film about Nanchang's cultural tourism was played on site, covering cultural heritage, natural scenery, and folk customs. Through an exciting audio-visual feast and interactive experiences, the guests at the scene were immersed in the rich cultural tourism resources of Nanchang. Nanchang's cultural tourism promotion officer also brought five high-quality tourism routes: "Reading Nanchang • Crossing a Thousand Years," "Ecological Nanchang • Abundance of Nature," "Spicy Nanchang • Food Enjoyment," "Night Tour in Nanchang • Dynamic City," and "Starting from Nanchang • Touring Jiangxi," providing a variety of travel options for Hong Kong tourists, including in-depth exploration of historical culture and relaxed leisure vacations.

At the promotion event, Minister Li Songdian presented the flag to the first study tour group of "Ten Thousand Hong Kong Students Nanchang Tour." The Nanchang Municipal Bureau of Culture, Radio, and Tourism exchanged cooperation agreements with the Hong Kong Education Federation and awarded plaques to 10 Nanchang Cultural Tourism (Hong Kong) Promotion Centers, building a working platform for joint development.

At the end of the event, the Nanchang Han Dynasty Haihun Marquisate Site Administration conducted a brand promotion of "Behold the Great Han Civilization at Haihun," showcasing the culture precious relics, and ecological beauty of the Haihun Marquisate Site National Archaeological Site Park, and offering ten thousand free tickets to Hong Kong citizens. The lead researcher of the Haihun Marquis Tomb archaeological team gave a wonderful lecture titled "Exploring the Haihun Marquis Tomb—The Liu He and the Han Dynasty Society Presented by Archaeology".

At the promotion event, Nanchang Tourism Group displayed a rich and unique series of "Nanchang Gifts," such as the Tengwang Pavilion's divine beast Teng Bao and the Black and White Cat series, each containing the historical and cultural heritage and innovative elements of Nanchang, showing the unique charm and modern vitality of the famous historical and cultural city of Nanchang, and fully displaying the charm of Nanchang city.

This promotion event fully demonstrated the good image of "Nanchang, a ecological city with abundant resources and a heroic city with outstanding people," and pushed Nanchang's cultural and tourism industry onto a broader stage. In the future, the "Pearl of the Orient" Hong Kong and "Hongdu New Government" Nanchang will continue to work together to deepen exchanges and cooperation in the field of cultural tourism, create a new model of cultural tourism cooperation, and give chance for people of the two places meet everywhere in life.

CONTACT: Yining Ding Tel.: 86+17278670227  Email:dingyining@gdgl.asia

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

"Nanchang Welcomes You!" Nanchang Cultural Tourism (Hong Kong) Promotion Event Shows up in Hong Kong

"Nanchang Welcomes You!" Nanchang Cultural Tourism (Hong Kong) Promotion Event Shows up in Hong Kong

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