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

PUBT·10/01/2026 11:02:15
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Origin Agritech sells 70.52% stake in Xinjiang Originbo Seed for RMB 108 million
  • Origin Agritech agreed to sell a 70.5184% stake in Xinjiang Originbo, its main corn seed production and processing base.
  • Buyer Hunan Xindaxin will pay RMB 108 million, split into four installments through June 30, 2027.
  • RMB 11.39 million owed by Beijing Origin to Hunan Xindaxin was netted against the first installment; RMB 96.61 million is due in cash.
  • Beijing Origin will lease back the base’s assets for five years from Oct. 1, 2026 to Sept. 30, 2031 at RMB 4 million a year.
  • Seed production and sales at the base will continue to be recorded by Beijing Origin, with operating staff largely unchanged.


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 GlobeNewswire (Ref. ID: 202610010700PRIMZONEFULLFEED9837672) on October 01, 2026, and is solely responsible for the information contained therein.