Origin Agritech sells 70.5184% in Xinjiang Originbo Seed for about $15m

Origin Agritech says in a filing it entered an equity transfer agreement to sell a 70.5184% stake in Xinjiang Originbo Seed to Hunan Xindaxin and Xinjiang Originbo Seed for about $15 million, paid in four installments ending June 30, 2027.