Origin Agritech Limited (SEED) F-3 Shelf registration (foreign)

Exhibit 12.1

Exhibit 12.1:  Computation of Ratio of Earnings to Fixed Charges

for the

FORM F-3

REGISTRATION STATEMENT UNDER SECURITIES ACT OF 1933

for

ORIGIN ARGITECH LIMITED  (NASDAQ: SEED)

(In thousands, except ratios)

	2009			2008			2007			2006		2005
	RMB			RMB			RMB			RMB		RMB
Income (loss) before Provision for income taxes		(10,193	)		(45,557	)		(149,665	)		75,788		17,677
Plus:   Fixed charges
Interest expenses		16,784			36,939			21,697			5,005		1,829
Estimate of the interest within rental expense		1,809			2,682			4,069			830		640
Total fixed charges		18,593			39,621			25,766			5,835		2,469
Fixed charges		18,593			39,621			25,766			5,835		2,469
Earnings as defined		8,400			(5,936	)		(123,899	)		81,623		20,146
Ratio of earnings to fixed charges		0.45			N/A			N/A			13.99		8.16
Deficiency of earnings		-			45,557			149,665			-		-

(1) The years 2007, 2008 & 2009 are represented by fiscal year ended September 30 figures.

(2) The year 2006 is represented by a nine month ended September 30, 2006 figure as this was a transition year for the company shifting from a December 31 fiscal year end to September 30.

(3) The year 2005 is represented by a 12 month ended December 31, 2005 figure.

Note on the Computation of Ratio of Earnings to Fixed Charges: For the purpose of determining the ratio of earnings to fixed charges, earnings include pre-tax income from continuing operations plus fixed charges.  Fixed charges consist of interest expense and an estimate of the interest within rental expense deemed by us to be representative of the interest factor of rental expense, which we estimate to be 30% of such expense.  During the periods presented above, we had no preference securities outstanding.