Recent Updates — SEED
On July 16, 2026, Origin Agritech Limited's Board approved the issuance of a Senior Convertible Promissory Note with a principal amount of RMB 15,000,000 (approximately US$2,050,000) to an individual investor. The note bears interest at 3.98% per annum and matures three years after the final funding date. It is convertible into ordinary shares at a price of US$1.50 per share, subject to anti-dilution adjustments, with a six-month lock-up period for converted shares. Alternatively, the investor may require cash repayment plus accrued interest one year after funding. Proceeds were directed to PRC affiliate Hainan Aoyu Biotechnology Co., Ltd. for general working capital. As of July 31, 2026, there are 12,143,526 ordinary shares issued and outstanding. Origin Agritech Limited operates in the agricultural sector, focusing on seed research, development, and production.