Origin Agritech sells 70.52% stake in Xinjiang Originbo Seed for RMB 108 million
SEED•Origin Agritech agreed to sell a 70.5184% stake in Xinjiang Originbo Seed to Hunan Xindaxin for RMB 108 million, payable in four installments through June 30, 2027.
1. Sale and leaseback
RMB 11.39 million owed by Beijing Origin to Hunan Xindaxin will be offset against the first installment, with RMB 96.61 million due in cash. Beijing Origin will lease back the base’s assets for five years starting Oct. 1, 2026, at RMB 4 million annually. Seed production and sales will continue to be recorded by Beijing Origin, and operating staff will remain largely unchanged.
