Origin Agritech Appoints Mr. Weibin Yan as Chief Executive Officer and Member of the Board of Directors; Dr. Gengchen Han to Remain as Chairman of the Board

Core Viewpoint - Origin Agritech Ltd. has appointed Mr. Weibin Yan as the new CEO, succeeding Dr. Gengchen Han, who will remain as Chairman of the Board. This leadership change is aimed at driving the company's growth and innovation in agricultural technology [1][3]. Company Overview - Origin Agritech Limited, founded in 1997, is a leading Chinese agricultural technology company headquartered in Zhong-Guan-Cun Life Science Park, Beijing. The company specializes in crop seed biotechnologies and has developed a robust biotechnology seed pipeline [4]. Leadership Background - Mr. Weibin Yan has extensive experience in the agricultural sector, previously serving as Vice-Chairman of the Hunan Provincial Federation of Industry and Commerce and as Chairman of Ausnutria Dairy Corporation Ltd. until September 2023. He has also held various executive roles at Yuan Longping High-tech Agriculture Co., Ltd. [2][3]. - Mr. Yan has a history with Origin Agritech, having served as an independent director from 2017 to 2018, which provides him with a deep understanding of the company's operations and strategic direction [2]. Strategic Goals - The new CEO, Mr. Yan, expressed enthusiasm about leading Origin Agritech during a pivotal time, focusing on commercializing advancements in GMO technology and gene editing to enhance global agriculture [3]. - Dr. Gengchen Han emphasized Mr. Yan's proven leadership and experience in agriculture as key factors for guiding the company towards its growth and innovation objectives [3].