Origin Agritech Limited (SEED) announced that it has appointed Yasheng Yang as its Acting Chief Financial Officer effective immediately. Yasheng Yang is replacing Veronica Chen, who is stepping down to pursue other opportunities.
Yasheng Yang has served as Vice Chairman of the board of directors, treasurer of the company and has also previously served as the Chief Operating Officer of the company from 2005 to 2007.
The company also announced that it has filed a letter of complaint with the U.S. Securities & Exchange Commission regarding the naked short selling of the company's stock.
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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.