Origin Agritech Announces Appointment of Two New Independent Directors and Board Restructuring

Core Viewpoint - Origin Agritech Ltd. is restructuring its Board of Directors to enhance governance and support growth by reducing the board size from seven to five members and appointing two new independent directors [1][2]. Board Restructuring - The Board of Directors has accepted the resignations of four directors, effective September 12, 2025, while Mr. Chi Kin Cheng will continue as Chief Financial Officer [2]. - Dr. Changqing Mao has been appointed as Independent Director and Chairman of the Nomination Committee, and Mr. Siu Laam Hau as Independent Director and Chairman of the Audit Committee, effective immediately [3]. New Appointments - Dr. Changqing Mao brings extensive agricultural industry expertise and leadership experience, having held senior roles in various agricultural enterprises and institutions [4]. - Mr. Siu Laam Hau contributes significant financial and corporate governance expertise, with a background in corporate finance and audit engagements with leading firms [5]. Governance Enhancement - The new appointments are expected to strengthen Origin's corporate governance capabilities, with Dr. Mao's agricultural knowledge aiding in the expansion of the biotechnology seed pipeline and market presence, while Mr. Hau's financial expertise will enhance oversight and risk management [6]. Company Background - Origin Agritech Limited, founded in 1997, is a leading Chinese agricultural technology company known for its innovations in crop seed biotechnologies, including the first transgenic corn to receive a Bio-Safety Certificate in China [7].