Origin Agritech expands corn seed distribution in major Chinese growing region
- Origin Agritech (SEED) received RMB 2.9M in initial prepayments under a three-year exclusive corn seed distribution agreement with Jinan Jingkun Trading for Shandong Province, China.
- The agreement covers the 2026–2029 operating cycles and includes progressively increasing annual minimum sales commitments.
- The distributor will sell four approved corn seed varieties, with additional varieties eligible for introduction during the agreement.
- The agreement includes pricing and brand protection measures and builds on Origin’s Aoyun 2026 program to expand its distribution network in Shandong, a major corn-producing region in China.
- The stock price traded marginally higher on Monday pre-market hours after jumping over 30% on Friday.
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