Beijing, China
August 25, 2022

Origin Agritech Ltd. (NASDAQ: SEED) (the "Company" or "Origin"), an agriculture technology company, announced today that its preliminary assessment of the health of its soon to be harvested corn crops growing in different regions points to high yields with minimal impact from the extremely high temperatures and drought hitting some areas in China.

Origin attributes the good performance of its corn to its superior corn hybrids and to temperatures in its growing areas, that while higher than average were not quite as extreme as those experienced in other regions.

"We are very fortunate that our corn crops performed well this year as the extreme weather and drought has damaged crops throughout the Northern Hemisphere," said Dr. Gengchen Han, Origin Agritech's Chairman. "Global warming will continue to be an existential risk to food supply, but agritech solutions can help mitigate that risk. For example, Origin has developed a drought tolerant corn GMO trait that will help corn perform much better in drought and high heat. We have integrated the trait into all our corn hybrids and are ready to go to market once China moves to GMO positive."

Website: http://www.originagritech.com

Published: August 26, 2022