BEIJING, China–(BUSINESS WIRE)–Origin Agritech Limited (NASDAQ: SEED – News) (“Origin” or the “Company”), a vertically-integrated supplier of hybrid crop seeds in China, will announce unaudited financial results for the third quarter ended June 30, 2009 on August 11, 2009. These results reflect the Company’s financial statements during the period from April 1, 2009 to June 30, 2009. Origin prepares its financial statements in accordance with generally accepted accounting principles (GAAP) of the United States.
Conference Call Information
The Company will host a teleconference on Tuesday, August 11, 2009, at 8:00 a.m. EDT / 8:00 p.m. Beijing time to discuss the quarterly results. To participate in the call, please dial +1-877-407-9210 in North America, or +1-201-689-8049 internationally, approximately 15 minutes prior to the scheduled start time.
Founded in 1997 and headquartered in Beijing, Origin Agritech Limited (NASDAQ GS: SEED) is China??s leading, vertically-integrated agricultural technology company specializing in agri-biotech research, development and production to supply the growing populations of China. Origin develops, grows, processes, and markets crop seeds to farmers throughout China and parts of Southeast Asia via a network of approximately 3,800 first-level distributors and 65,000 second-level distributors and retailers. The hybrid seed industry is estimated at US $2.5 billion and that is expected to double within the next five years. The Company currently operates facilities in 30 of 32 provinces in China. Since Origin launched its first entirely internally developed seed in 2003, the Company has developed 26 proprietary corn seed products, 19 proprietary rice seed products, 5 proprietary cotton seed products and 4 proprietary canola seed products that are in commercial production and distribution as of December 2008. For further information, please log on www.originagritech.com.
Origin Agritech Limited
Vice President, FinanceTel: 949.726.8101 or 011.86.136.8108.0243