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