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PLANT AND EQUIPMENT, NET
12 Months Ended
Sep. 30, 2024
PLANT AND EQUIPMENT, NET  
PLANT AND EQUIPMENT, NET

8.           PLANT AND EQUIPMENT, NET

Plant and equipment, net consist of the following:

September 30, 

2023

2024

    

RMB

RMB

Plant and building

 

100,478

100,364

Machinery, equipment and others

 

70,398

77,377

Furniture and office equipment

12,035

10,737

Motor vehicles

3,735

3,735

Accumulated depreciation

 

(57,257)

(64,575)

Accumulated impairment

 

(110,537)

(110,537)

Construction in progress

 

2,250

11,200

Plant and equipment, net

 

21,102

28,301

The depreciation expenses for the years ended September 30, 2023 and 2024 were RMB 3 million and RMB 2.26 million respectively. The disposal of Beijing Origin led to decrease in accumulated depreciation.

As of September 30, 2024, the Company’s construction in progress represents that the corn processing equipment and storage equipment, which are expected to be completed by the end of December 31, 2025.