China Stocks: Origin Agritech (SEED) (1997)

Origin Agritech Limited (NASDAQ:SEED) was founded in 1997 and is headquartered in Beijing, China, with 430 full-time employees. It is a company mainly engaged in crop seeds and other businesses.

Origin Agritech Limited Logo

Origin Agritech (SEED):

Beijing Origen Seed Industry Co., Ltd. is engaged in the development, production, sales and distribution of mixed crop seeds. Its business is divided into mixed corn, rice, and cotton seeds. The company is engaged in seed breeding, genetic improvement, and the production, processing and distribution of seed-related technical services.

O.R.G. was established in 1997 in Haidian Pioneer Park for Overseas Students in Zhongguancun. It is an agricultural biotechnology enterprise that integrates modern biotechnology and genetic breeding and other high-tech methods to carry out the selection, production, processing, sales and technical services of new crop varieties. The company has a registered capital of 100 million yuan, nearly 1,000 employees, and is headquartered in Zhongguancun Life Science Park.

At the beginning of the business, the company combined the introduction of foreign advanced technology and management concepts with the actual situation of domestic agricultural production to create a management team and corporate culture that adapted to Chinese characteristics. For example, according to the current situation of the separation of scientific research, production, and marketing in the domestic seed industry, the company has established its own core R&D team and system, and also focused on the creation of a method of intellectual property based on sales commissions, and paid transfer of the scientific research results of domestic scientific research institutions to make it A bridge connecting scientific research units and the market. So far, the company has established long-term scientific research and product development cooperative relations with more than a dozen scientific research units, including the Chinese Academy of Sciences, the Academy of Agricultural Sciences, China Agricultural University, Peking University, Jilin Academy of Agricultural Sciences and Henan Agricultural University. In terms of management philosophy, the company follows the introduction of internationally advanced high-tech product development processes, quality control systems, and technical service concepts into the domestic seed R&D, production and sales system, effectively improving the seed industry’s operating model and promoting the development of the entire industry. development of.

Origen has built a complete product line in corn, rice, cotton, rapeseed four types of crop seed products and agrochemical products. Established 16 marketing centers, 9 production and processing centers, 10 breeding stations, and 1 southern propagation base throughout the country, established a marketing network covering the main planting regions of the country, and provided products and services to some countries in Southeast Asia and South Asia; It has the largest life science research center for domestic seed industry enterprises.

In 2011, Origen cooperated with the Fifth Agricultural Division of Xinjiang Production and Construction Corps to establish a world-class corn seed production base, integrating modern planting technology and processing equipment, with an annual output of 50,000 tons of high-quality corn hybrid seeds.

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