DALLAS, March 9, 2010 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring Origin Agritech Ltd. (Nasdaq:SEED). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
It is available at: http://www.beaconequity.com/i/SEED
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Origin Agritech Ltd. (SEED) is a technology-focused crop seed company serving Mainland China. The Company's activities include the specialization in the research and development, production, and sales and marketing of crop seeds (corn, rice, cotton and canola) throughout the People's Republic of China. The Company seeks to provide farmers with enabling technology and services, producing and protecting higher crop yields.
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In the report, the analyst notes:
"Revenues for the year ended September 30, 2009, were RMB592.49 million (US $86.76 million), an increase of 15.39% from RMB513.49 million (US $75.63 million) in the fiscal year ended September 30, 2008. Inclusive of any currency changes, based on the U.S. dollar, the year over year increase in revenues to US $86.76 million from US $75.63 was 14.73%.
"SEED has developed a strategic pesticide business unit for premium branded chemical products. The Company expects a premium branded glyphosate product to be marketed immediately into the domestic agricultural market for the 2010 selling season. This branded product expects to be sold at a premium to other non-branded products in the current Chinese marketplace and will work in conjunction with SEED's glyphosate-resistant seed portfolio, currently in regulatory approval phases. The pesticide portfolio developed will be designed to work synergistically with the existing hybrid and genetically modified seed products."
To read the entire report visit: http://www.beaconequity.com/i/SEED
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