XML 32 R17.htm IDEA: XBRL DOCUMENT v3.8.0.1
LONG TERM INVESTMENTS
12 Months Ended
Sep. 30, 2017
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments Disclosure [Text Block]
1
0
.
LONG TERM INVESTMENTS
 
Equity investments consist of the following:
 
  September 30, 
  2016 2017 
  RMB RMB 
        
Cost method investment  18,721  18,721 
     
In previous years, the Company owned 23% equity interest in Jinong and accounted for equity method investment. In 2012, one shareholder of Jinong increased its investment in Jinong’s shares, thereby the equity interests held by the Company were reduced to 17.94% and the Company is considered to no longer have a significant influence on Jinong. Therefore, the investment in Jinong was accounted for the cost method investment as of September 30, 2016 and 2017.