ORGANIZATION AND PRINCIPAL ACTIVITIES (Tables)

12 Months Ended

Sep. 30, 2018

Organization, Consolidation and Presentation Of Financial Statements [Abstract]

Schedule Of Subsidiaries and Variable Interest Entities [Table Text Block]

As of September 30, 2018, the Company’s subsidiaries and variable interest entities included in continuing operations consisted of the following:

	Date of	Place of	Percentage
	Incorporation	Incorporation	of			Principal
Name	or Establishment	or Establishment	Ownership			Activity

Subsidiaries:
State Harvest Holdings Limited(“State Harvest”)	October 6, 2004	British Virgin Islands		100	%	Investment Holding

Beijing Origin State Harvest Biotechnology Limited (“BioTech”)	December 1, 2004	People’s Republic of China (“PRC”)		100	%	Hybrid seed technology development

Origin Agritech USA LLC (“Origin USA”)	August 12, 2016	United States of America (“USA”)		100	%	Hybrid seed technology development

Beijing State Harvest Zhongying Network Technology Limited (“Zhongying Network”)	April 27, 2018	PRC		100	%	Selling agricultural seed products, other agricultural inputs, foods, household products, and other consumer products on e-commerce platform

Variable interest entity:
Beijing Origin Seed Limited (note (i)) (“Beijing Origin”)	December 26, 1997	PRC		-		Hybrid crop seed development, production and distribution

Subsidiaries held by Beijing Origin:
Henan Origin Cotton Technology Development Limited (note (i)) (“Henan Cotton”)	March 2, 2001	PRC		92.04	%	Hybrid crop seed development, production and distribution

Xinjiang Originbo Seed Company Limited (note (i)) (“Xinjiang Origin”)	July 13, 2011	PRC		51	%	Hybrid crop seed development, production and distribution

Henan Aoyu Zhongye Limited (note (i)) (“Aoyu Zhongye”)	July 16, 2018	PRC		51	%	Agricultural seed products distribution through e-commune network

Note (i):

Beijing Origin Seed Limited, Henan Origin Cotton Technology Development Limited, Xinjiang Originbo Seed Company Limited, Zhengzhou Branch of Beijing Origin Seed Limited and Aoyu Zhongye are collectively referred to as “Beijing Origin”.

Schedule of Variable Interest Entities [Table Text Block]

The Company has aggregated the financial information of Beijing Origin and its subsidiaries in the table below. The aggregated carrying amount of assets and liabilities of Beijing Origin and its subsidiaries after elimination of intercompany transactions and balances consolidated in the Company’s consolidated balance sheets as of September 30, 2017 and 2018 are as follows:

Risks in relation to the VIE structure

	September 30,
	2017		2018		2018
	RMB		RMB		US$
ASSETS
Current Assets
Cash and cash equivalents		2,848		1,826		265
Due from related party		33,300		129,506		18,826
Accounts receivable		24		-		-
Advances to suppliers		5,293		1,188		173
Inventories		41,914		81,903		11,906
Other current assets		1,306		213		31
Total current assets		84,685		214,636		31,201
Land use rights, net		19,108		16,564		2,408
Plant and equipment, net		177,282		172,760		25,113
Equity investments		18,721		16,347		2,376
Acquired intangible assets, net		8,585		2,024		294
Other assets		4,196		1,202		175
Total assets		312,577		423,533		61,567
LIABILITIES
Current liabilities
Short-term borrowings		15,000		-		-
Current portion of long-term borrowings		35,504		78,235		11,373
Accounts payable		1,451		7,952		1,156
Due to growers		6,535		7,984		1,161
Due to related parties		10,000		291,882		42,430
Advances from customers		1,866		5,959		866
Other payables and accrued expenses		30,454		37,295		5,421
Current liabilities of discontinued operations		22,640		-		-
Total current liabilities		123,450		429,307		62,407
Long-term borrowings		56,769		-		-
Other long-term liability		20,468		21,278		3,093
Total liabilities		200,687		450,585		65,500

- Definition

Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide.

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