Origin Agritech Ltd. (SEED), a Chinese crop seed breeding and genetically modified organism company, on Tuesday announced that it expects an increase in revenue for the first-half.
For the six-month period, the company expects revenue of RMB 85 million to RMB 95 million, an increase of 30 percent to 40 percent from last year.
Origin Agritech further noted that its two new hybrids have successfully completed three years of national trials and are expected to receive approval this summer. These hybrids are anticipated to be commercially available in 2025.
In addition, 15 new hybrids have entered the national official registration trial.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.