Message #9 From:
NewsBot Date: November 22, 2006 06:52:00 AM
SEED News Origin Agritech Limited Schedules Release of Unaudited Six-Month Financial Results and Conference Call
BEIJING & SAN DIEGO--(BUSINESS WIRE)--Origin Agritech Limited (“Origin”)
(Nasdaq:SEED) today announced that it will issue unaudited financial
results for the six months ended June 30, 2006 prior to the opening of
the stock market on Monday, November 27, 2006. Management will conduct a
conference call that morning at 9:00 am Eastern Time to discuss the
results.
Interested parties may participate in the call by dialing (888) 751-6344
(Domestic) or (706) 679-3079 (International) approximately 10 minutes
before the call is scheduled to begin and ask to be connected to the
Origin Agritech conference call. A recorded replay of the call will be
available until 11:59 pm Eastern Time December 4, 2006. Listeners may
dial (800) 642-1687 (Domestic) or (706) 645-9291 (International) and use
the code 2917002 for the replay. In addition, the conference call will
be broadcasted live over the internet. To listen to the live call on the
internet, please go to http://audioevent.mshow.com/314852/
at least 15 minutes early to register, download and install any
necessary audio software. The internet audio stream will be available
until December 27, 2006.
ABOUT ORIGIN
Founded in 1997, Origin specializes in the research, development,
production, sale and distribution of hybrid corn, rice and cotton seeds
in China. The Company owns or leases facilities in, among other
locations, Beijing, Gansu, Henan, Helongjiang, Liaoning, Jilin, Hainan
and Sichuan provinces, and also has an office in San Diego, CA. Origin
launched its first entirely internally developed seed in 2003 and in
2004 introduced two new proprietary corn hybrids to the market. In 2005
Origin had three new proprietary corn hybrids and one new proprietary
cotton hybrid approved by the government registration office in China.
Origin anticipates that it will introduce close to 49 new proprietary
products into the Chinese government testing and approval cycle in 2006.
FORWARD LOOKING STATEMENT
Any forward looking statements contained in the press release may fall
within the definition of "forward-looking statements" under the Private
Securities Litigation Reform Act of 1995. Forward looking statements are
statements that are not historical facts. Such forward-looking
statements, based upon the current beliefs and expectations of Origin’s
management, are subject to risks and uncertainties, which could cause
actual results to differ from the forward looking statements. These
risks are detailed in Origin’s filings with
the Securities and Exchange Commission. The information set forth herein
should be read in light of such risks. Origin assumes no obligation to
update the information contained in this press release or filings.
