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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