A Letter to Shareholders from Weibin Yan, Chief Executive Officer of Origin Agritech
Globe Newswire•21/10/2026•08:00 ET
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Key Highlights
- ➤Seed preorders and customer advance payments up more than 100% year-over-year to date
- ➤Origin targets more than 50% year-over-year revenue growth for FY 2027
- ➤Origin expects seed-business operating cash flow to more than double in FY 2027
- ➤Zhongdan 6202 and Bangzhongbang 889 lead the FY 2027 variety portfolio
- ➤Origin evaluating M&A opportunities in China and Southeast Asia
Expert Statements
Weibin Yan, Chief Executive Officer of Origin Agritech Limited
“Our goal is to become one of China’s leading corn seed companies within five years, and the more than 100% year-over-year increase in advance payments to date is an encouraging early indicator of customer demand.”
Seed orders for the FY 2027 season up more than 100% Ytd, targeting 50%+ Yoy revenue growth for FY 2027
BEIJING, Oct. 21, 2026 (GLOBE NEWSWIRE) -- Origin Agritech Limited (NASDAQ: SEED) (“Origin” or the “Company”), a leading Chinese agricultural technology company, today issued a letter to shareholders from Chief Executive Officer Weibin Yan as the Company enters fiscal year 2027. The full text follows.
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