Origin Agritech to Hold Business Update & First Half of Fiscal Year 2025 Earnings Conference Call on Friday, June 27th at 8 a.m. ET
BEIJING, June 23, 2025 /PRNewswire/ -- Origin Agritech Ltd. (NASDAQ: SEED) (the "Company" or "Origin"), a leading Chinese agricultural technology company, will announce its financial results for the first half of fiscal year 2025 on Thursday, June 26th after the market closes. Origin will host a conference call on Friday, June 27th at 8 a.m. ET with the investment community to discuss the Company's financial results and provide a business update.
CONFERENCE CALL & AUDIO WEBCAST
The conference call will be led by Mr. Weibin Yan, Chief Executive Officer, and Mr. Patrick Cheng, Chief Financial Officer, who will be available to answer questions.
Investors may submit written questions by June 25th via e-mail to matthew@strategic-ir.com.
To access the call by phone, please call 1-800-225-9448 (United States) or 1-203-518-9708 (International) using the conference ID: ORIGIN.
To avoid delays, we encourage participants to dial into the conference call 15 minutes before the scheduled start time. The webcast can be accessed at the following link: https://viavid.webcasts.com/starthere.jsp?ei=1725421&tp_key=a4591a0e2a.
A webcast replay will be available for two weeks.
About Origin Agritech Limited
Origin Agritech Limited, founded in 1997 and headquartered in Origin R&D Center, Songzhuang, Tongzhou in Beijing, is a leading Chinese agricultural technology company. 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 www.originagritech.com. The Company also maintains an X account for updating investors on Company and industry developments which is https://x.com/origin_agritech.
For more information, please contact:Origin Agritech Limited Contact:Kate Lang (Mandarin/English)Director of Investor RelationsPhone: +86 186-1839-3368E-mail: bing.lang@originseed.com.cn
Investor Relations Contact:Matthew Abenante, IRCPresidentStrategic Investor Relations, LLCTel: 347-947-2093E-mail: matthew@strategic-ir.com
View original content:https://www.prnewswire.com/news-releases/origin-agritech-to-hold-business-update--first-half-of-fiscal-year-2025-earnings-conference-call-on-friday-june-27th-at-8-am-et-302488246.html
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Stock market today: Dow, S&P 500, Nasdaq waver after report of Iranian missile strikes aimed at US air bases
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The company is aiming to create a bitcoin treasury to hold the cryptocurrency on its balance sheet and announced a $2.5 billion private funding round to fund the initiative in May. Trump Media is part of a wave of firms following in the footsteps of crypto tycoon Michael Saylor's company, Strategy (MSTR), which has seen its stock soar by buying up bitcoin. Wedbush analyst Dan Ives wrote in a note to clients on Monday that he expects cybersecurity stocks to be in focus following the US bombing of three Iranian nuclear facilities over the weekend. Ives wrote that 'cyber security stocks in particular [are] set to be front and center this week as investors anticipate some cyber attacks from Iran could be on the horizon as retaliation.' 'On the cyber security sector, our favorite names remain Palo Alto (PANW), Cyberark (CYBR), Crowdstrike (CRWD), Zscaler (ZS), and Checkpoint (CHKP)." The stocks traded roughly flat premarket on Monday. 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'Defence has been one area that we have been bullish on, and we continue to maintain our overweight exposure,' he added. 'NATO countries have moved to increase defense spending with a long term goal of taking to 5% of GDP. We are typically skeptical of long term goals as goal posts do change, but it is also clear to us that defense spending needs to increase globally and not just for NATO countries.' Energy stocks rose alongside rising oil prices in premarket trading on Monday while overall stock futures wobbled. Those with oil production in the US and outside the Middle East caught a bid as investors weighed the possibility of further disruption to the oil supply following the US strikes on Iran. The Energy Select Sector SPDR Fund (XLE) advanced 0.6% and has risen 6% in the past month. Here's a look at how trending energy stocks are trading this morning: View more trending tickers here. Yahoo Finance's Jennifer Schonberger reports: Read more here. 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Here's what Goldman's team estimates: "If oil flows through the Strait of Hormuz were to drop by 50% for one month and then were to remain down 10% for another 11 months, we estimate that Brent would briefly jump to a peak of around $110." Read more here on Goldman's scenarios. Gold pushed higher with the world in limbo as the US joined Israel's attack on Iran over the weekend. No formal response has been issued by Iran, with wider fallout expected. Spot gold climbed 0.2% to $3,375.04 an ounce taking it to within $125 of its record high as investors sought safe-haven assets in a tumultuous economic situation. Gold then sank 0.5% despite broader haven demand. Bloomberg reports: Read more here. Wall Street is closely watching escalating tensions in the Middle East after President Trump confirmed that the US launched a surprise strike on Iran's nuclear sites late Saturday, marking the country's official entry into the two-week-old conflict. Markets have held mostly steady in the aftermath of the escalation, although US stock futures fell across the board when trading opened Sunday evening. Additionally, bitcoin (BTC-USD) prices, often viewed as a barometer of risk appetite, dropped over 1.6% to trade around $100,500 a coin. WTI crude (CL=F) and Brent (BZ=F) futures jumped, trading near $76 and $79 a barrel, respectively, as uncertainty looms over the potential closure of the critical Strait of Hormuz despite ongoing threats from Iran. The latest surge follows oil's third consecutive week of gains on Friday. "We wouldn't be surprised to see this spark a risk-off reaction in US equities and will be watching the futures closely on Sunday evening and Monday morning," Lori Calvasina, head of US equity strategy research at RBC Capital Markets, wrote in a Sunday evening note to clients. "It has been and remains our belief that the longer and broader the conflict becomes, the more challenging it could be for US equities," Calvasina added. "These escalations come at a tricky time for US equities, as the S&P 500 has looked fairly valued to us (perhaps a bit overvalued) from a fundamental perspective, with more room to run from a sentiment perspective." The analyst said her three main concerns include: first, the risk that rising national security uncertainty could weigh on equity valuations; second, the possibility that renewed geopolitical tensions could stall the recovery in sentiment that began after the early April tariff lows; and third, the potential for a spike in oil prices, which could fuel inflation concerns. In terms of sectors, Energy (XLE) tends to outperform when oil prices rise, while Consumer Discretionary (XLY) and Communication Services (XLC), along with Entertainment, Media, and Interactive Media, tend to lag behind the broader market, Calvasina noted. Citi analyst Stuart Kaiser agreed that sharply higher oil prices remain "the channel for geopolitical risks to impact stock markets," identifying crude prices "well above $80 a barrel" as a critical threshold for concern. Kaiser added that options markets are now pricing in a 10% chance that oil surges 20% over the next month, up from just 2.5% two weeks ago, reflecting mounting tail risks as the conflict deepens. Still, the analyst pointed to resiliency in stocks amid the volatility, saying, "Markets powered through extreme oil volatility and unstable geopolitical headlines to post a risk-on week."
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15 minutes ago
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- Fox Sports
Jets Owner Woody Johnson Buys 43% Stake in Premier League's Crystal Palace
New York Jets owner Woody Johnson is finally set to get his hands on an English soccer team. Premier League side Crystal Palace announced on Monday that Johnson has signed "a legally binding contract" to buy the shares of fellow American John Textor, who has a 43% stake in the London club. Reports have placed the price between $220 million and $260 million. In 2000, Johnson purchased his first sports team, the Jets, for $635 million. That was, at the time, a record price for a New York professional sports team, and the third-most for any team. "Whilst the completion is pending approval from the Premier League and Women's Super League, we do not envisage any issues and look forward to welcoming Woody as a partner and director of the club," Palace said in a statement. "We would like to go on record to thank John Textor for his contribution over the past four years and wish him every success for the future." Johnson submitted a bid to buy Chelsea in 2022 but was unsuccessful. The sale of Textor's shares boosts Palace's hopes of playing in the Europa League next season, having qualified thanks to its FA Cup final victory over Manchester City last month. Textor is also a shareholder in French side Lyon, which is set to enter the same competition, and under UEFA multi-club ownership rules, it looked as if Palace could miss out. Johnson previously served as the United States ambassador to the United Kingdom, from 2017 to 2021. The Associated Press contributed to this report. Want great stories delivered right to your inbox? Create or log in to your FOX Sports account , and follow leagues, teams and players to receive a personalized newsletter daily! FOLLOW Follow your favorites to personalize your FOX Sports experience Crystal Palace English Premier League New York Jets Get more from English Premier League Follow your favorites to get information about games, news and more
