Origin Agritech Comments on Recent Regulatory Developments in China and Updates Shareholders on its Pipeline of Traits News provided by Share this article BEIJING, Dec. 22, 2020 /PRNewswire/ -- Origin Agritech Ltd. (NASDAQ: SEED) (the "Company" or "Origin"), an agriculture technology company, today is updating shareholders on recent developments out of China regarding the path to GMO commercialization in the country and also on the status of the approval process for its different seed traits. Last Friday, December 18 th, in an historic statement out of the Central Economic Work Conference, an annual gathering of top leaders and policymakers that plot the country's economic course for the following year, top CCP leaders said that they will industrialize biotech breeding as a part of a campaign to improve food security. Origin Agritech commends the government on this move toward GMO positive and stands by ready, as one of the top GMO seed companies in China, to rise to the challenge of supplying farmers with outstanding GMO corn and soybean seeds to facilitate this huge transformation of agriculture in China. These GMO seeds were developed with different traits to increase yields, reduce the need for insecticides, increase herbicide tolerance, salinity tolerance and to make the plants drought tolerant.