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ACQUIRED INTANGIBLE ASSETS, NET
 12 Months Ended
Sep. 30, 2012
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Disclosure [Text Block]

11.         ACQUIRED INTANGIBLE ASSETS, NET

 

Acquired intangible assets, net consist of the following:

 

    September 30,  
    2011     2012  
    RMB     RMB  
             
Technology rights for licensed seeds     74,723       78,323  
Distribution network     6,739       6,739  
Trademark and certificates     1,687       -  
Others     4,763       4,763  
                 
      87,912       89,825  
Accumulated amortization     (54,366 )     (59,926 )
Impairment provision     (4,314 )     (4,314 )
                 
Acquired intangible assets, net     29,232       25,585  

 

Amortization expenses for the years ended September 30, 2010, 2011 and 2012 were RMB9,692, RMB8,870 and RMB5,846, respectively.

  

No impairment provision has been charged for the years ended September 30, 2010, 2011 and 2012.

 

Amortization expense on these intangible assets for each of the next five years is as follows:

 

 

Year ending September 30,

   RMB  
       
2013     4,619  
2014     3,786  
2015     3,108  
2016     2,645  
2017     1,616  
         
Total     15,774  

 

The Company enters into technology transfer and usage agreements with strategic partners and pays up-front fees for the exclusive rights to certain seed technologies. Technology rights amortized over an average usage period of 5 years and charged to general and administrative expenses.