Ausgood Lifestyle Company Limited and Keen Merit Asia Limited Acquire Shares in Origin Agritech Limited

Ausgood Lifestyle Company Limited and Keen Merit Asia Limited have acquired significant stakes in Origin Agritech Limited. Ausgood Lifestyle Company Limited purchased 1,413,100 ordinary shares, representing 11.637% of the issued and outstanding shares, while Keen Merit Asia Limited acquired 446,200 ordinary shares, representing 3.674% of the issued and outstanding shares. The transactions were conducted in three tranches, with the first tranche purchased on October 22, 2024, at $2.37 per share, and the second and third tranches purchased at $1.20 per share. The total investment by Ausgood Lifestyle Company Limited was $2,252,500, and by Keen Merit Asia Limited was $711,000. The shares were acquired for long-term investment purposes, and neither shareholder intends to take any actions listed in item 4 of the Form for Schedule 13D. Mr. Wei Hua Derek Wong, the sole director of both companies, has dispositive and voting authority over 1,859,300 ordinary shares, representing 15.311% of the issued and outstanding shares.