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Origin Agritech Limited Provides Updates to Its Chengdu Operations from Recent Earthquake

BEIJING--(BUSINESS WIRE)--Origin Agritech Limited (NASDAQ GS: SEED) ("Origin"), a leading technology-focused supplier of crop seeds and agri-biotech research in China, announced today that the production and distribution facility in Chengdu and other provinces and cities experienced no serious damage from the recent earthquake in China??s Sichuan province and there was no personnel casualties.

Origin has a production and distribution facility in Chengdu that includes a hybrid rice and corn seed conditioning plant. The facility also possesses a seed testing laboratory and 4,000 square meters of administrative offices. Currently, we are paying close attention to the situation of the affected area and will actively take action to deal with the disaster when necessary.