Origin Agritech unit sells 70.52% stake in Xinjiang Originbo for RMB 108 million

Bitget2026/09/30 11:08

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Origin Agritech subsidiary Beijing Origin Agriculture agreed to sell its 70.5184% stake in Xinjiang Originbo to Hunan Xindaxin.
Transfer price set at RMB 108 million, payable in four installments through June 30, 2027; RMB 11.39 million offset against the first payment.
Control shifts immediately via management appointments and custody of company seals; legal title transfers only once full payment is made.
Origin Agritech plans to deconsolidate Xinjiang Originbo once control transfers, derecognizing its assets and liabilities.
Beijing Origin Agriculture will lease back the Xinjiang seed production base for five years from Oct. 1, 2026 at RMB 4 million annual rent.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Origin Agritech Limited published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-112107), on September 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Origin Agritech unit sells 70.52% stake in Xinjiang Originbo for RMB 108 million

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