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Yuan Longping High-Tech Agriculture Co., Ltd.
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Yuan Longping High-Tech Agriculture Co., Ltd.

Longping High-Tech

Yuan Longping High-Tech Agriculture Co., Ltd. is China's flagship seed company, headquartered in Changsha, Hunan, and named after the agronomist whose hybrid rice work created the category it now leads. Founded in 1999 and listed on the Shenzhen Stock Exchange in 2000 under code 000998, it is controlled by CITIC Group; this profile scores Longping's own seed operations, not the scale of its shareholder. Revenue for 2025 reached RMB 8.477 billion, about US$1.19 billion, with earnings overwhelmingly Asian and Brazil supplying the fastest-growing corn franchise. Revenue at that level leaves the company short of the revenue threshold used to draw up the 2025 Fortune Global 500 list, so Longping High-Tech is not a member of that ranking.

The company was set up in 1999 by Yuan Longping and fellow scientists to commercialise hybrid rice genetics developed in Hunan, and it has become the leading hybrid rice seed manufacturer in China by domestic market share. Brazil was an acquisition rather than a greenfield build: Longping Brazil runs four modern seed processing plants and more than 20 breeding and research sites across the tropical and subtropical corn belt. Domestic consolidation followed the same logic, with strategic control of Jinghua Seed strengthening the group's hybrid corn seed production base in northwest China.

Rice and corn are the two engines, with vegetables and minor grains as satellites. Hybrid rice seed ranks first in domestic market share, and domestic seed business settlement value exceeds RMB 5 billion against 2025 group revenue of RMB 8.477 billion. In Brazil the genetically modified corn seed business has moved into the top three by share, a position built on tropical germplasm adapted to the Cerrado rather than on temperate Chinese lines. Vegetable and melon seed, sunflower and minor grain lines round out the catalogue, and supply chain and agri-input activity is grouped alongside seed.

Capacity sits in breeding stations and drying plants. Longping operates 13 rice breeding stations, 13 corn breeding stations and 6 vegetable breeding stations, backed by large seed drying and processing plants in Hunan, Gansu and Xinjiang. The Zhangye base in Gansu is a modern corn seed production site, and the Nanfan multiplication zone in Hainan provides the southern leg of the breeding cycle. In Brazil four modern seed processing plants and more than 20 breeding and R&D stations allow counter-season production and a two-way germplasm flow with China.

The network covers more than 20 countries, among them Brazil, the United States, Pakistan and the Philippines, with seed sold to farmers through distributors and local operating companies. The Philippines research centre has absorbed more than RMB 40.95 million of cumulative investment as of February 2026, a marker of how the group builds presence where hybrid rice adoption is still climbing. In Brazil its gene editing and biotechnology centre develops tropical and subtropical maize germplasm and reverse-introduces selected material into the Chinese breeding programme.

Two risks are material. Domestic corn and rice seed demand moves in cycles, and when farmers cut area or carry stock, order values fall faster than costs, which pressures seed pricing across the Chinese market. Offshore borrowing adds a second strain: international expansion is financed partly with foreign currency debt, and higher rates there raise financial expenses against revenue that is largely in renminbi. The Brazilian platform cushions the first risk by adding a second growing season, but it deepens the second, because the corn business driving growth is also the one carrying the debt.

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ChinaEst. 1999~3,500RMB 8.477 billion - about…13 rice, 13 corn and 6…Shenzhen Stock ExchangeScore 84
Last Updated: October 2026·By VerityRank Research Team·Methodology

Business Nature

Longping High-Tech is a listed seed company with a state-linked controlling shareholder. CITIC Group holds control, and the business runs as an integrated seed operator with its own breeding, multiplication and processing assets: 13 rice breeding stations, 13 corn breeding stations and 6 vegetable breeding stations form the upstream base, backed by large drying and processing plants in Hunan, Gansu and Xinjiang. The company was founded in 1999 to commercialise hybrid rice genetics from Hunan and has traded on the Shenzhen Stock Exchange since 2000 under code 000998 as a public company with a controlling shareholder. Outside China the asset base is concentrated in Brazil, where Longping Brazil runs four seed processing plants and more than 20 breeding and R&D stations serving tropical and subtropical corn growers, with counter-season production feeding material back into Chinese breeding. The Philippines research centre is a smaller, investment-stage operation. What is not owned is mainly distribution: seed reaches farmers through distributors and local operating companies, multiplication depends on contracted seed growers, and supply chain and agri-input trading sits alongside the seed business as a lower-margin adjunct.

Core Business Areas

Hybrid rice – first place in the home market
• Hybrid rice seed with the leading domestic market share
• Southern and central Chinese rice belts plus South and Southeast Asian markets
• Winter multiplication at the Nanfan base in Hainan
Hybrid corn – China and Brazil
• Corn seed production based at Zhangye in Gansu
• Genetically modified corn seed inside Brazil's top three by share
• Four Brazilian seed processing plants and 20+ breeding stations
Vegetables and minor grains – adjacent seed lines
• Vegetable and melon seed from 6 breeding stations
• Sunflower and minor grain varieties
Agri-input and supply chain – grouped with seed
• Supply chain and agricultural input activity beside the seed business
• Seed sold through distributors and local operating companies

Industry Rankings

Corporate Report

Longping High-Tech takes this position as the leading hybrid rice seed manufacturer in the world's largest rice market, and as the only company on the page with a substantial corn platform in Brazil. Its 2025 revenue of RMB 8.477 billion, about US$1.19 billion, is modest against the global groups above it, so the ranking rests on category leadership at home and on a Brazilian franchise that has reached the top three. Brazil decides whether it moves up.

Industry Position

The core position is hybrid rice. Longping is first in domestic market share for hybrid rice seed, a crop China commercialised at scale before any other country, and domestic seed business settlement value runs above RMB 5 billion. Group revenue for 2025 was RMB 8.477 billion, about US$1.19 billion, overwhelmingly Asian - a figure that supports this placing while leaving the company outside the Fortune Global 500.

Brazil is the second leg and the source of growth. Longping Brazil ranks in the top three for genetically modified corn seed there, built on tropical germplasm rather than temperate Chinese lines, and group operations touch more than 20 countries including the United States, Pakistan and the Philippines. Thirteen rice, 13 corn and 6 vegetable breeding stations supply that pipeline.

Competitive Advantages

Breeding capacity is unusually broad for a company of this size: 13 rice breeding stations, 13 corn breeding stations and 6 vegetable breeding stations, with large drying and processing plants in Hunan, Gansu and Xinjiang. The Zhangye base in Gansu specialises in corn seed production, and the Nanfan zone in Hainan gives the programme a winter multiplication cycle that shortens variety development time.

Two-way germplasm flow is the second advantage. Longping Brazil holds four modern seed processing plants and more than 20 breeding and R&D stations, and its gene editing and biotechnology centre develops tropical and subtropical maize material that is reverse-introduced into Chinese breeding. That counter-season structure lets the group run selection year-round in two hemispheres while serving two distinct corn markets.

Strategic Expansion

Domestic consolidation continued with strategic control of Jinghua Seed, which strengthened the hybrid corn seed production base in northwest China. In Asia the Philippines research centre has absorbed more than RMB 40.95 million of cumulative investment as of February 2026, aimed at rice markets where hybrid adoption is still rising. Seed reaches farmers through distributors and local operating companies.

Vegetables, melons, sunflowers and minor grains fill out the catalogue, and supply chain and agri-input activity is grouped with seed rather than run separately, adding turnover without adding breeding intensity. Acquiring the Brazilian platform rather than building it gave the group processing plants and breeding sites quickly, and left it with the integration work of marrying them to the Chinese programme.

Risks & Outlook

Domestic demand for corn and rice seed is cyclical. When farmers reduce area or carry stock, order values fall faster than costs and pricing pressure spreads across the Chinese seed market. Because the largest part of revenue is domestic and denominated in renminbi, the group has limited natural hedging against that cycle, and season-to-season swings in hybrid corn orders hit the Gansu production base directly.

Financing is the second risk. International expansion is funded partly by foreign currency borrowing, and high offshore rates raise financial expenses against renminbi revenue, which is why the Brazilian platform cuts both ways: it adds a second growing season and a top-three corn position, and it carries the debt that makes the cost base sensitive to interest rates. On the current mix, hybrid rice leadership should keep Longping inside this index, with Brazil deciding how far it climbs. VerityRank Score of 84/100.

VerityRank Score

84/ 100

Based on market presence, financial scale, operational capacity, and brand strength.

Quick Facts

Headquarters

Changsha, Hunan, China

Founded

1999 (listed 2000; CITIC Group-controlled)

Employees

~3,500

Revenue

RMB 8.477 billion (2025) - about US$1.19 billion

Factories

13 rice, 13 corn and 6 vegetable breeding stations; 4 seed plants in Brazil

Listing

Shenzhen Stock Exchange (000998)

Categories

Agricultural Products BrandsAgricultural Products SuppliersAgricultural ProductsRice IndustryCorn IndustryPlant Propagation Materials Industry​Seeds IndustryPlant Propagation Materials BrandsPlant Propagation Materials Manufacturers

Data Sources & Methodology

This corporate profile is compiled from publicly available sources including company annual reports, SEC/regulatory filings, official press releases, and verified third-party industry databases. Financial figures reflect the most recent fiscal year disclosures and are cross-validated across multiple independent references.

VerityRank Score is calculated using a proprietary multi-dimensional model evaluating market presence, financial strength, operational scale, innovation capacity, and brand influence. Individual dimension scores are normalized against industry peers and updated quarterly.

Disclaimer: This profile is for informational purposes only. VerityRank makes no warranties regarding completeness or timeliness. This content does not constitute investment advice or endorsement.

Key references: Official Website , Longping High-Tech · 2025 Annual Report · Economic Observer · Top Seed Firms · Seed Rankings · Seed Market