DALLAS, Aug. 11, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Origin Agritech Ltd. (Nasdaq:SEED). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/lp/SEED
Origin Agritech Limited (SEED), 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. Origin, together with State Harvest Holdings Limited, conduct operations in China primarily through Origin's People's Republic of China (PRC) Operating Companies comprising Beijing Origin State Harvest Biotechnology Limited, Beijing Origin Seed Limited (Beijing Origin) and its four subsidiaries: Changchun Origin Seed Technology Development Limited, Henan Origin Cotton Technology Development Limited, Denong Zhengcheng Seed Limited and Jilin Changrong High-tech Seed Limited. SEED has license agreements with the Shijiazhuang Liyu Technology Development Co., Ltd. and the Henan Agricultural University.
Message Board Search for SEED: http://www.boardcentral.com/boards/SEED
In the report, the analyst notes:
"During the second quarter of fiscal 2010, the Company generated revenues of RMB 1.60 million (US .24 million), an increase of 38.55% from RMB 1.16 million (US .17 million) generated in the three months ended March 31, 2009. While the majority of its revenues are recognized in the third quarter, SEED does possess limited revenue mainly from the sale of non-standard seed contracts which may fluctuate from year to year.
"SEED is pleased to announce that it has been named National Agricultural Industrialization - 'Leading Enterprise' by a joint committee of eight ministries of the Chinese Government. SEED will hold this premier title and benefit from preferential policies such as corporate taxation exemption, preferential purchase rights, and other core development issues."
To read the entire report visit: www.microstockprofit.com/lp/SEED
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