BEIJING - Origin Agritech Ltd. (NASDAQ: SEED), a prominent Chinese agricultural technology firm, announced today a significant scientific achievement with the successful integration of a wild corn gene into one of its leading commercial corn hybrids.
This innovation marks the first instance globally where genetics from wild corn have been used to enhance the performance of cultivated corn varieties.
The company's renowned commercial hybrid, which has been a market leader for over two decades due to its high performance, has undergone this genetic enhancement. The modified hybrid can now be planted at a density that is 10-15% higher than before, potentially increasing yields by more than 10%.
Origin Agritech anticipates that within two years, this new version will supersede the existing one, thereby increasing the company's market share and affirming its position as an industry leader.
Dr. Gengchen Han, Chairman and CEO of Origin Agritech, expressed confidence in the breakthrough, stating, "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."
Origin Agritech, established in 1997 and located in the Zhong-Guan-Cun (ZGC) Life Science Park in Beijing, has been at the forefront of crop seed biotechnologies. The company has been recognized for developing the first transgenic corn to receive the Bio-Safety Certificate from China's Ministry of Agriculture.
The integration of the wild corn gene into their commercial hybrid is poised to contribute to the company's ongoing efforts to provide sustainable and high-performing agricultural solutions on a global scale.
The information provided is based on a press release statement from Origin Agritech Limited.
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