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Origin Agritech Strengthens Liquidity by Selling Its Xinjiang Seed Subsidiary and Leasing Back the Production Base
Source: GlobeNewswire
Capital Returns (Dividends / Buybacks)Company FundamentalsProduct LaunchesCommodities & Raw Materials
A sale is expected to generate approximately US$15.0 million for working capital, R&D, development of new corn varieties, and market expansion. A five-year leaseback is intended to preserve supply stability, supporting continued operations while freeing capital for growth initiatives.
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