UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
FOR THE MONTH OF MARCH 2018
COMMISSION FILE NUMBER 000-51576
ORIGIN AGRITECH LIMITED
(Translation of registrant's name into English)
No. 21 Sheng Ming Yuan Road, Changping
District, Beijing 102206
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ¨ No x
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-________.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
ORIGIN AGRITECH LIMITED | ||
By: | /s/ James Z. Chen | |
Name: | James Z. Chen | |
Title: | Chief Executive Officer | |
Date: March 15, 2018 |
EXHIBIT
Exhibit Number | Description | |
99.1 | Presentation, dated March 15, 2018 | |
99.2 | Press Release, dated March 14, 2018 |
Exhibit 99.1
November 2016 Origin Agritech Limited SEED+ Rural E - Commerce with Blockchain T echnologies 1
2 Safe Harbor Statement This presentation may contain forward - looking statements. All forward - looking statements included in this presentation are based on information available to us on the dote hereof. These statements involve known and unknown risks, uncertainties and other factors, which may cause our actual results to differ materially from those implied by the forward - looking statements. In some cases, you can identify forward - looking statements by terminology such as “may” ”will” “should,” “could,” ”expects,“ ”plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” “targets,” “goals,” “projects,” “continue,” or variations of such words, similar expressions, or the negative of these terms or other comparable terminology. Although we believe that the expectations reflected in the forward - looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Therefore, actual results may differ materially and adversely from those expressed in any forward - looking statements. Neither we nor any other person can assume responsibility for the accuracy and completeness of forward - looking statements. Important factors that may cause actual results to differ from expectations include, but are not limited to, those risk factors discussed in Origin's filings with the SEC including its annual report on Form 20 - F filed with the SEC. We undertake no obligation to revise or update publicly any forward - looking statements for any reason.
Outline • Origin Embraces Information Technologies • Rural E - Commerce Opportunities • Origin SEED+ Rural E - Commerce Strategy • Origin Competitive Advantages • Next Steps 3
Origin Embraces Information Technologies • In addition to the agribiotech Origin has been developing, we have also been embracing new information technologies over the years: • Establishing large database system with the characterization of corn germplasms in China Database System • Leading the online seed sales platform orchestrated by the Chinese Ministry of Agriculture in 2014 • Started online corn seed sales in China with Beijing Shihui in 2014 Online Seed Sales • Developing seed supply source tracking system for the Chinese Ministry of Agriculture (Cooperated with Beijing Shihui ) for over five years Supply Source Tracking 4
Rural E - Commerce Opportunities • First generation E - commerce companies: Amazon; Alibaba; JD, etc. • New breed of E - commerce in China: Social Network E - Commerce ( Pinduoduo , Yunji, etc.) is growing faster than Alibaba and JD.com during the comparable growing stages; • E - Commerce in the rural regions is still at the early stage, both for the agricultural inputs and consumer goods; • Social Network E - Commerce represents significant opportunities in the rural regions as Chinese farmers are more socially integrated and their decisions are often influenced by their network of friends and family. 5
Rural E - Commerce Opportunities Corn Seed RMB 15B All Seed RMB 80B Ag Inputs RMB >1Trillion Rural Consumption > RMB 5Trillion Market Potential in China 6 Sources: Chinese Ministry of Agriculture Ag Inputs estimate assumption: 1.8B mu arable land; >RMB600/mu Ag Inputs, including seed, fertilizer, crop protection, ag equipment, services, etc.; (1 acre = 15mu); Rural Consumption estimate assumption: 800 million rural population, >RMB7,000 per capita consumption
Origin SEED+ Rural E - Commerce Strategies SEED+ Rural E - Commerce Focusing on Rural China Origin hybrid seed products with Origin biotech traits Supply Source Tracking System Blockchain Technologies Cooperating with Elastos Foundation Social Network E - Commerce Ecosystem 7
Origin Competitive Advantages • 20 years operating in rural China with strong brand name • Broad geographic exposure across vast farmland in China • Large rural customer base with a network of over 30,000 distributors/ retailers and exposure to over 10 million farmers throughout China over 20 years of operation in rural China. • Management experience and understanding in rural area agricultural business and consumer behavior • Experience in online sales of seed products • Experience in supply source tracking for seed products 8
Origin Competitive Advantages Cooperate with Elastos Foundation to develop Blockchain technologies for agricultural seed and produce a tracking system and a decentralized social network e - commerce ecosystem. Blockchain Technologies » Track product supply source to eliminate or dramatically reduce pirating » Source tracking could guarantee product quality » Blockchain technologies provide technical solution for decentralized e - commerce system » Blockchain technologies enable trusted and secured transactions » E - commerce system established on blockchain technology is an open eco system, which will enable further technology and application development Supply Source Tracking System Decentralized Social Network E - Commerce EcoSystem 9
Next Steps • Setting up e - commerce platform focusing on rural China • Starting social network e - commerce business with products including but not limited to agricultural inputs • Develop B lockchain technology platform for supply source tracking system and e - commerce ecosystem 10
11
Exhibit 99.2
Origin CEO Dr. James Chen to Attend in Elastos x BITMAIN Meetup
BEIJING, March 14, 2018 /PRNewswire/ -- Dr. James Chen, the Chief Executive Officer of Origin Agritech Limited (NASDAQ: SEED) ("the Company" or "Origin"), an agricultural biotechnology trait and corn seed technology provider, will attend the “Elastos x BITMAIN Meetup: Blockchain for Scaling Large, Enterprise DApps” on March 15, 2018 (the “Discussion”). The Discussion will be held in San Francisco, California. At the Discussion, Dr. Chen will present the Company’s strategies related to Blockchain technology based rural e-commerce and the discussion material will be filed with SEC prior to the Discussion.
About Origin Agritech Limited
Origin Agritech Limited, founded in 1997 and headquartered in Zhong-Guan-Cun (ZGC) Life Science Park in Beijing, is China'sleading agricultural biotechnology company, specializing in crop seed breeding and genetic improvement. Leading the development of 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. Origin operates breeding stations nationwide located in key crop-planting regions. Product lines are vertically integrated for corn. 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. 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 also involve 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 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.
Contact:
Xin
Zhou
Phone: +86-10-58907556
Email: xin.zhou@originseed.com.cn
SOURCE Origin Agritech Limited
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