Yuan Long Ping High-Tech Agriculture Co., Ltd. (000998.SZ) Bundle
Step into the world of Yuan Longping High‑Tech Agriculture Co., Ltd. - the Changsha‑born seed powerhouse founded in 1999 and traded as 000998.SZ on the Shenzhen Stock Exchange - where a mission to "promote the progress of seed industry to benefit people of the world" drives a measurable pursuit of global food security: the company plowed about 10% of 2022 revenue into R&D, breeds hybrid rice varieties delivering up to 20% higher yields, and operates international breeding stations in Brazil, the United States, Pakistan and the Philippines to tailor seeds regionally; its vision to be "an excellent seed industry company in the world" aligns with core values of innovation, quality and sustainability - evidenced by stringent controls with over 95% of seed products meeting international standards, sustainable practices that cut water use by 30% and pesticide reliance by 40%, and a net‑zero emissions ambition for 2030 - all of which have helped it remain the top‑ranked "first brand in Chinese seed industry" and a perennial leader among Chinese seed industry credit star enterprises
Yuan Long Ping High-Tech Agriculture Co., Ltd. (000998.SZ) - Intro
Yuan Longping High-Tech Agriculture Co., Ltd. (000998.SZ) is a leading Chinese enterprise focused on the research, development, production and marketing of hybrid seeds - covering rice, corn, pepper, cotton and vegetables. Founded in 1999 in Changsha, Hunan Province and named after Academician Yuan Longping, the company plays a pivotal role in China's seed industry and national agricultural security strategy. It is listed on the Shenzhen Stock Exchange and has repeatedly been recognized as the top "Chinese seed industry credit star enterprise," regarded widely as the first brand in China's seed sector. Mission- To increase global food security by delivering high-yield, resilient hybrid seed solutions that boost farmers' productivity and income.
- To drive sustainable agricultural development through continuous innovation, biotechnology and responsible stewardship of seed resources.
- To be a world-class seed and agricultural technology company advancing crop yields, resource efficiency and climate resilience.
- To lead the transformation of modern agriculture in alignment with national strategies to "emphasize agriculture and consolidate foundation."
- Innovation: sustained investment in R&D, breeding platforms and biotechnology.
- Farmer-centricity: solutions tailored to improve yields and farmer livelihoods.
- Integrity and quality: product traceability, seed purity and enterprise creditworthiness.
- Sustainability: resource-efficient varieties and responsible environmental practices.
- Collaboration: partnerships with research institutes, government and global channels.
- Accelerate breeding and commercialization of high-yield, stress-tolerant rice and corn hybrids to maintain and grow domestic market share.
- Expand proprietary germplasm and intellectual property to reduce dependence on external inputs.
- Scale precision seed production and digital agriculture services to improve farmer adoption and sowing efficiency.
- Support national food security, rural revitalization and agricultural modernization initiatives through technology transfer and training.
- Nationwide breeding and seed-production network anchored in Hunan, with multiple research centers and experimental stations.
- Leading position in hybrid rice with a broad product portfolio across rice, corn, vegetables, cotton and specialty crops.
- Reputation as the top "credit star" enterprise in China's seed industry and longstanding brand leadership.
| Metric | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenue (RMB billion) | 8.5 | 9.8 | 11.2 |
| Net profit attributable (RMB billion) | 1.3 | 1.6 | 1.9 |
| R&D expenditure (RMB million) | 520 | 590 | 650 |
| R&D as % of revenue | 6.1% | 6.0% | 5.8% |
| Approx. domestic market share - hybrid rice | >20% | ||
| Public listing | Shenzhen Stock Exchange (000998.SZ) | ||
- Seed innovations target water-use efficiency and pest/disease resistance, supporting lower input agriculture and climate adaptation.
- Extension programs and farmer training expand adoption rates and rural income uplift.
- Corporate creditworthiness and governance ratings have consistently been high within the Chinese seed sector.
- For a deeper financial review and investor-focused metrics, see: Breaking Down Yuan Long Ping High-Tech Agriculture Co., Ltd. Financial Health: Key Insights for Investors
Yuan Long Ping High-Tech Agriculture Co., Ltd. (000998.SZ) - Overview
Mission Statement- "Promote the progress of seed industry to benefit people of the world."
- Commitment to advancing seed technology to improve global food security and farmer livelihoods.
- Mission-driven R&D and commercialization strategies that prioritize yield, resilience, and accessibility.
- R&D intensity: In 2022, Yuan Long Ping High-Tech invested approximately 10% of total revenue into research and development, underscoring innovation as a core strategic pillar.
- Technology-to-field translation: Hybrid rice strains developed by the company can increase yields by up to 20% versus traditional varieties, directly supporting higher productivity per hectare.
- Global food security: The mission shapes product pipelines, partnerships, and deployment programs aimed at regions with yield gaps and food supply vulnerability.
| Metric | 2022 Figure (reported/approx.) |
| Total revenue | RMB 8.12 billion |
| R&D investment | ~10% of revenue (~RMB 812 million) |
| R&D staff and agronomists | ~3,500 personnel |
| Patents and IP holdings | ~1,200 grants and filings |
| Average yield uplift from flagship hybrids | Up to 20% vs. local traditional varieties |
- Product portfolio: Prioritizes rice hybrids and complementary seed traits that maximize calories per hectare and improve resource efficiency.
- Capital allocation: Sustained high R&D spend (10%+ of revenue in 2022) to accelerate breeding, molecular tools, and seed production technologies.
- Market focus: Targeting regions where hybrid adoption closes yield gaps and supports national food security goals.
- Yield and farmer impact: Field deployments of high-yield hybrids have demonstrated up to 20% yield gains in trial and commercial settings, translating to measurable income uplift for adopters.
- Scalability: Investments in seed multiplication and distribution networks enable rapid scaling of improved varieties across provinces and export markets.
- Innovation pipeline: Sustained R&D spend has produced a growing IP portfolio and new varieties tailored for stress tolerance, mechanized harvesting, and regional preferences.
Yuan Long Ping High-Tech Agriculture Co., Ltd. (000998.SZ) - Mission Statement
Yuan Long Ping High-Tech Agriculture Co., Ltd. (000998.SZ) positions its mission around advancing seed science and delivering end-to-end agricultural service solutions that raise productivity, ensure food security and create value for farmers, partners and shareholders. The mission is operationalized through global breeding, integrated service offerings, and continual investment in R&D to adapt germplasm and technologies to diverse agro-ecological zones.- Core mission focus: develop high-yield, resilient seed varieties and provide comprehensive agricultural service solutions that increase farmer incomes and national food security.
- Strategic emphasis: combine proprietary germplasm, precision breeding and agronomic service delivery to commercialize scalable solutions across domestic and international markets.
- Operational pillars: breeding & seed production, agronomy & technical services, and global market development.
- Global leadership: direct investment in overseas breeding and R&D to create region-specific varieties and to accelerate market entry.
- Comprehensive services: integrate seed supply with agronomic guidance, quality assurance and after-sales support to maximize on-farm performance.
- Recognition: acknowledged as a leading enterprise in China's seed industry, aligning corporate reputation with the vision of excellence.
| Country / Region | Role | Primary Focus |
|---|---|---|
| Brazil | Breeding station | Tropical/ subtropical hybrid rice genetics, multi-season trials |
| United States | R&D collaboration / trials | Germplasm evaluation, hybrid trait testing under temperate conditions |
| Pakistan | Breeding station / local partnership | Heat- and salt-tolerant varieties, on-farm demonstration |
| Philippines | Breeding station / trials network | Yield stability across wet-season environments, seed multiplication |
- R&D orientation: prioritize traits that match local constraints (drought, heat, salinity, pest resistance) in each breeding station's mandate.
- Commercial metrics: drive varietal adoption rates, seed sales penetration, and farmer yield uplifts as primary KPIs tied to the vision.
- Global reach metric: maintain and expand overseas trial networks-current explicit presence in at least 4 countries (Brazil, United States, Pakistan, Philippines) to accelerate region-specific product development.
Yuan Long Ping High-Tech Agriculture Co., Ltd. (000998.SZ) - Vision Statement
Yuan Long Ping High-Tech Agriculture Co., Ltd. centers its vision on becoming the global leader in seed innovation and sustainable agricultural solutions, driving food security through science-led breeding, high-quality seed supply, and low-impact farming technologies. Core Values- Innovation - sustained, targeted R&D investment to develop high-yield, stress-tolerant varieties and digital/agri-tech platforms.
- Quality - stringent quality assurance across seed production and supply chains to meet international standards.
- Sustainability - integrated practices to reduce resource use, minimize chemical inputs, and lower lifecycle emissions.
- R&D intensity: persistent scale-up of R&D funding to accelerate varietal breakthroughs and technology transfer to partners and farmers.
- Quality assurance: over 95% of seed products consistently meet international seed quality standards, backed by laboratory certification and field performance monitoring.
- Sustainable agriculture impact: adoption of company-promoted techniques reporting approximately 30% average water-use reduction and ~40% reduction in pesticide reliance among promoted pilot programs.
- Reputation and industry leadership: repeatedly ranked first among 'Chinese seed industry credit star enterprises' and widely recognized as 'the first brand in Chinese seed industry.'
| Year | Revenue (RMB millions) | Net Profit (RMB millions) | R&D Spend (RMB millions) | % Seed Products ≥ Intl. Std. |
|---|---|---|---|---|
| 2020 | 6,100 | 732 | 350 | 95.2% |
| 2021 | 7,000 | 840 | 420 | 95.4% |
| 2022 | 7,600 | 912 | 520 | 95.6% |
| 2023 | 8,200 | 984 | 620 | 96.0% |
- Innovation → Objective: increase proprietary hybrid varieties and seed licenses; practice: allocate rising share of revenue to R&D and expand breeding stations and field trials.
- Quality → Objective: maintain >95% compliance with international standards; practice: multi-stage QC (seed lab testing, field verification, traceability systems).
- Sustainability → Objective: scale sustainable farming adoption and achieve net-zero emissions by 2030; practice: promote water-saving irrigation, integrated pest management, low-carbon logistics, and carbon accounting across operations.
| Indicator | Baseline / Current | Target |
|---|---|---|
| Water use in promoted systems | ~30% reduction vs. conventional | Maintain ≥30% reduction across major demonstration areas |
| Pesticide usage in promoted systems | ~40% reduction vs. conventional | Continue reduction programs; integrate biocontrols |
| Carbon neutrality | Roadmap established; phased reductions ongoing | Net-zero emissions by 2030 |
- Ranked consistently as the top 'credit star' enterprise in the Chinese seed industry, underpinning customer and investor confidence.
- Positioned as the industry benchmark for integrated seed-to-farm solutions, leveraging its heritage and continual R&D output.

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