BEIJING, Feb. 26, 2019 /PRNewswire/ -- Origin Agritech
Ltd. (NASDAQ: SEED) (the "Company" or "Origin"), an
agriculture technology and rural e-commerce company, today
announced that Ms. Fei Wang will
join the Company's Board of Directors as an independent board
member.
Ms. Fei Wang (Faye), 41,
currently serves as Global Finance Director of UTStarcom Holdings
Corp. ("UTStarcom"), a provider of broadband equipment and
solutions listed on NASDAQ. Ms. Wang has served in various
financial functions, including Investor Relation Director in
UTStarcom since 2011. Prior to UTStarcom, Ms. Wang had more than
seven years financial experience in several publically listed
multinational companies based in the
United States. Ms. Wang received her master's degree in
Financial Accountancy from the Rutgers
University and her bachelor's degree in Accounting from
City University of New York. Ms. Wang
is a member of the American Institute of Certified Public
Accountants.
"On behalf of the Board, I extend a warm welcome to Faye," said
Dr. Gengchen Han, Chairman of the Board of Directors. "Faye is
experienced in matters relating to U.S. listed companies. As an
AICPA member and the first woman board member, her joining will not
only strengthen our Board but also
broaden Board member's diversity."
About Origin Agritech Limited
Origin Agritech Limited, founded in 1997 and headquartered in
Zhong-Guan-Cun (ZGC) Life Science Park in Beijing, is China's leading agricultural technology and a
rural social e-commerce company, expanding in mid-2018 from crop
seed breeding and genetic improvement business to be a leading
technology developer in new rural e-commerce platform and
Blockchain technologies. In crop seed biotechnologies, Origin
Agritech's phytase corn was the first transgenic corn to receive
the Bio-Safety Certificate from China's Ministry of Agriculture. Over the
years, Origin has established a robust biotechnology seed pipeline
including products with glyphosate tolerance and pest resistance
(Bt) traits. For further information, please visit the Company's
website at: http://www.originseed.com.cn or
http://www.originseed.com.cn/en/.
Forward-Looking Statements
This communication contains "forward-looking statements" as
defined in the federal securities laws, including Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934, as amended, and as defined in the U.S.
Private Securities Litigation Reform Act of 1995. Forward-looking
statements address expected future business and financial
performance and financial condition, and contain words like
"expect," "anticipate," "intend," "plan," "believe," "seek,"
"will," "would," "target," and similar expressions and variations.
Forward-looking statements address matters that are uncertain.
Forward-looking statements are not guarantees of future performance
and are based on assumptions and expectations which may not be
realized. They are based on management's current expectations,
assumptions, estimates and projections about the Company and the
industry in which the Company operates but involve a number of
risks and uncertainties, many of which are beyond the company's
control. Some of the important factors that could cause the
company's actual results to differ materially from those discussed
in forward-looking statements are: failure to develop and market
new products and optimally manage product life cycles; ability to
respond to market acceptance, rules, regulations and policies
affecting our products; failure to appropriately manage process
safety and product stewardship issues; changes in laws and
regulations or political conditions; global economic and capital
markets conditions, such as inflation, interest and currency
exchange rates; business or supply disruptions; natural disasters
and weather events and patterns; ability to protect and enforce the
company's intellectual property rights; and separation of
underperforming or non-strategic assets or businesses. The company
undertakes no duty or obligation to publicly revise or update any
forward-looking statements as a result of future developments, or
new information or otherwise, should circumstances change, except
as otherwise required by securities and other applicable laws.
Although the Company believes that the expectations expressed in
these forward-looking statements are reasonable, it cannot assure
you that such expectations will turn out to be correct, and actual
results may differ materially from the anticipated results. You are
urged to consider these factors carefully in evaluating the
forward-looking statements contained herein and are cautioned not
to place undue reliance on such forward-looking statements, which
are qualified in their entirety by these cautionary
statements.
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SOURCE Origin Agritech Limited