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BORROWINGS (Tables)
12 Months Ended
Sep. 30, 2019
Debt Disclosure [Abstract]  
Schedule of Debt [Table Text Block]

Borrowings consisted of the following:

 

 

 

 

 

 

 

September 30, 

 

 

2018

 

2019

 

    

RMB

    

RMB

Borrowing from Beijing Agriculture Finance Leasing, LLC.(“BAFL”) under Beijing Origin, payable on installment, due on December 29, 2020 with annual interest rate of 6%, secured by Beijing’s properties and land use right *

 

78,235

 

78,611

Long-term borrowings

 

78,235

 

78,611

 

 

 

 

 

Current portion of long-term borrowings

 

78,235

 

78,611


*  Beijing Origin did not make any principal payments for the borrowing. Beijing Origin entered into negotiations with BAFL regarding modification of payment schedule. As of the date of this report, there is no formed agreements signed regarding modification of payment schedule. As of September 30, 2018, the Company reclassified the borrowing as current liability in consolidated balance sheets result from the default.