(Eddie's executives and some expert teams)
Ling Yongguo gave an example. They once solved the problem of rice grain size, taste, fragrance and short rods for a seed company. At that time, 8 genes were operated at the same time. In just over 3 months, multiple materials containing 8 genes had homozygous mutations at the same time were screened out at one time. If conventional hybridization polymerization is used, the whole process will take about 2-3 years. Eddie Crystal gene editing technology can achieve simultaneous editing of more than 30 loci, and the homozygous efficiency of multi-site mutations can reach 20%; in plant genetic transformation technology, Eddie Crystal has successfully transformed more than 20 species, covering corn, soybean, rice, rapeseed, tomato, phonamine 3 Arabidopsis , grass, forest, fruits and vegetables and other varieties, and can perform genetic transformation in major crops, such as rice, soybean, corn, tomatoes, and other categories without restrictions on varieties.
(gene editing corn material)
's pilot editing system (prime editing, PE) has a target efficiency of up to 40%, which is at the global advanced level. Using multi-gene editing technology and pilot editing PE system, Eddie Jing has independently or cooperated to develop excellent germplasm materials such as herbicide-resistant rice/land rice, rice with different amylose content, corn with short pods, and soybeans with crack-resistant pods. Among them, the new gene-edited herbicide-resistant land rice variety will be the first domestic rice variety independently developed and resistant to HPPD-type inhibitor herbicides, filling the gap in this research.
In addition, the company attaches great importance to the accumulation and layout of intellectual property rights and has obtained more than 30 intellectual property rights, including invention patent , utility model patent, software copyright , plant new variety rights , plant new variety approval and other aspects.
(corn juvenile embryo transformation)
Ling Yongguo introduced that since this year, Eddie Jing's business has been progressing rapidly, with actual revenue exceeding expectations by 35%. With the active promotion of the national gene editing and breeding policy and the addition of investment in Fonjifeng Capital and Yonghua Investment, the company will continue to increase its investment and efforts in R&D in the variety pipeline to create more excellent new varieties that meet market demand. At the same time, the company appointed Mr. Yuan Guobao, the former chairman of Hubei Seed Group, as the company's seed industry consultant, and deeply deployed in the international and domestic seed markets.
"Food security is the foundation of the country, and seeds are the "chip" of agriculture. With the relaxation of the gene editing and breeding policy, China's seed industry will have the wings of technology and achieve overtaking on the international side. "Eddie Jing will definitely seize the historical opportunity and contribute to the turnaround in China's seed industry," said Ling Yongguo.
[Trading theory]
Eddie Jing founder Ling Yongguo said: The addition of Jifeng Capital and Yonghua Investment will promote Eddie Jing to continue to deeply layout, integration and upgrade in the four dimensions of talent, technology, capital and management, and develop more new varieties to solve market pain points, making Eddie Jing contribution to "China Bowl, Serve Chinese Grain".
Jifeng Capital Management Partner Hu Xuyu said: The application of gene editing technology in the field of biological breeding is a disruptive innovation, and Eddie Jing is an important layout of Jifeng in the field of biological breeding. The company has the world's leading gene editing technology, and Academician Liu Yaoguang is a top expert in the field of agricultural gene editing, especially leading the trend in the direction of staple food. We believe that under the leadership of the founding team, Eddie Jing can develop new independent intellectual property varieties with commercial value as soon as possible, bringing new development momentum to the Chinese seed industry.
h Hong Yixiu, partner of tml3 Yonghua Investment, said: The Eddie Jing team quickly emerged in the industry with its profound technical accumulation. Especially Academician Liu Yaoguang, as a top scientist in the field of agricultural gene editing in my country, the multi-gene editing and multi-gene superposition system developed by him provide powerful tools for efficient biotechnology accurate breeding. We have been paying attention to and continue to be optimistic about the development of China's agricultural biobreeding technology. We also look forward to the Eddie Jing that will bring more milestone breakthroughs to the development of China's seed industry in the future.
[Introduction to this round of investment institutions]
About Jifeng Capital:
Jifeng Capital was founded in 2015. It is an outstanding venture capital institution focusing on the field of medical and health . It empowers enterprises through all-round value-added services and a global perspective, driving innovation, aiming to bring long-term value to the development of the medical industry and human health. We always maintain the original intention of entrepreneurship, always uphold the spirit of "professional, humble and diligent", and continue to help and serve entrepreneurs with strategic partnerships for a long time, help enterprises to base themselves in China, look around the world, and become a great enterprise.
About Yonghua Investment:
Yonghua Investment is a fund management company under Yongjin Group that specializes in private equity investment. In the past 20 years of development, it has taken PE investment as its core business, and has gradually deepened its layout in professional fields VC investment, industrial mergers and acquisition investment, overseas professional fields investment and incubators. Yonghua Investment has successively invested in nearly 300 excellent companies, with a total fund size of more than 10 billion yuan. Nearly 80 invested companies have successfully listed and achieved excellent investment results.
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