Every material Form 8-K Origin Agritech LTD filed with the SEC in 2006, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Origin Agritech agreed on January 17, 2006 to buy a 52.21% controlling interest in Denong Zhengcheng Seed Company for $5 million in cash. Closing depends only on government approvals, which the company expects within 30 days, and management said the deal will not change its prior guidance for the year ending June 30, 2006.
Agreement dated January 17, 2006 for a 52.21% interest in Denong for $5 million cash
Denong 2004 revenue was RMB213 million ($26.3 million), up from RMB169 million ($20.8 million) in 2003
Company says guidance is unchanged at $11 million earnings on $55 million projected revenue for the year ending June 30, 2006
Closing is contingent only on government registration procedures, expected within 30 days
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Origin Agritech LTD filing is on SEC EDGAR ↗. 8-K briefs of other companies →