Origin Agritech Ltd. announced that the company has signed a contract planting agreement with farming company Sichuan Yingdafeng Agriculture Tech Co. Ltd. Under the terms of the agreement, Sichuan Yingdafeng will grow 100,000 mu (or 16,500 acres) of Origin's NEC corn for the 2023 growing season. Origin will provide the seed and planting support services and guarantees to purchase all the corn once harvested.

The corn will be sold to end users based on long-term supply agreements signed with feedstock companies and hog farmers. The corn will be grown in the Sichuan Province allowing Origin to expand geographically and supply the corn to hog farms in that region, thus improving logistics and limiting expensive shipping costs.