3. RELATED PARTY BALANCES AND TRANSACTIONS

(1)

Related party relationships


Name of related parties		Relationship
Beijing Shihui		Being owned by close family members of the Company's Chairman
Zhangye Shihui		Being owned by close family members of the Company's Chairman
Xinjiang Ginbo Seeds Center		Being the non-controlling interest of Xinjiang Origin
Jilin Jinong Hi-tech Development Shares Co., Ltd.(“Jinong”)		Being long-term investment of the Company (note 11)
Henan Agricultural University		Being the non-controlling interest of Beijing Origin
Linze Origin Seeds Ltd		Being owned by close family members of the Company's Chairman
De Nong Zheng Cheng Seed Limited		Being owned by close family members of the Company's Chairman
Henan Yingde Agricultural Ltd.		Being owned by close family members of the Company's Chairman
Beijing Origin Zhengzhou Branch("Zhengzhou Branch")		Being controlled by close family members of the Company's Chairman from August 16, 2017 to September 21, 2018
Non-controlling shareholders (“NCI”)		Non- controlling shareholders of Hubei Aoyu, Anhui Aoyu, Xuzhou Aoyu, Shandong Aoyu, Henan Aoyu, Shandong Aoruixinong

(1)

Due from related parties


	September 30,
	2018	2019
	RMB	RMB

Beijing Shihui	—	24,819
De Nong Zheng Cheng Seed Limited	129,506	—
Henan Yingde Agricultural Ltd.	—	2,252
Close family of the Company’s Chairman	—	100
NCI	—	6,719
	129,506	33,890

(2)

Due to related parties


	September 30,
	2018	2019
	RMB	RMB

Beijing Shihui	137,811	—
Zhangye Shihui	10,000	—
Linze Origin Seeds Limited	123,579	2,214
Henan Agriculture University	1,000	—
Xinjiang Ginbo Seeds Center (i)	10,000	10,000
Companies controlled by the Company’s directors	1,634	1,706
NCI	—	14,948
The Company’s Chairman	9,692	13,213
Close family of the Company’s Chairman	—	552
Ex-shareholders	16	—

	293,732	42,633

Note (i): Xinjiang Origin has received a cash advance of RMB10,000 from Xinjiang Ginbo Seeds Center during the year ended September 30, 2016, which is unsecured, interest-free and repayable on demand.

(3)

Transactions with related parties

(a)Sales to


	Year ended
	September 30,
	2017	2018	2019
	RMB	RMB	RMB

Linze Origin Seeds Limited	—	45	83
Beijing Shihui	—	—	20,823
NCI	—	—	17,081
Zhengzhou Branch	—	7,803	—

	—	7,848	37,987

(b)Service income received from


	Year ended
	September 30,
	2017	2018	2019
	RMB	RMB	RMB

Beijing Shihui	396	—	—

(c)Service fee charged by


	Year ended
	September 30,
	2017	2018	2019
	RMB	RMB	RMB

Beijing Shihui	600	—	—

(d)License usage fees charged to


	Year ended
	September 30,
	2017	2018	2019
	RMB	RMB	RMB

Beijing Shihui	—	1,575	—

(e) Guarantee

The Company guaranteed a loan of RMB11,850 taken by Beijing Shihui from July 24, 2018 to July 23, 2019.

(f) Termination of assets sold to and a subsidiary acquired from a related party

As further described in note 4, on September 26, 2016, the Company entered into a Master Agreement to sell its proprietary China-based commercial corn seed production and distribution business for RMB400,000 to Beijing Shihui. On August 16, 2017, the Company entered into a supplemental agreement to the Master Agreement to increase the total consideration to RMB421,000 and modify the payment terms.

On September 21, 2018, the Company and certain subsidiaries of the Company entered into a Termination Agreement with Beijing Shihui to terminate that certain Master Agreement, dated as of September 26, 2016, by and among the Company, Beijing Shihui, and certain subsidiaries of the Company. Pursuant to the Termination Agreement, the Company and Beijing Shihui agreed to terminate the Master Agreement and not to pursue the second closing contemplated under the Master Agreement. As a result of the Termination Agreement, the Company will not transfer certain assets, including the headquarters building of the Company located in Beijing, PRC and certain other assets, to Beijing Shihui, meanwhile, the transfer of control of Zhengzhou Branch was rewound as a result of termination of the Management Agreement on September 21, 2018.