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0.000134228187919448 0.00671140939597316 0.0134228187919463 0.000335570469798621 0.0802684563758389 0.134429530201342 0.201342281879194 0.201342281879194
Stock impact report

Oriental Rise Holding Limited Signs Non-Binding Letter of Intent to Acquire Hubei Daguan Tea Industry Group [Yahoo! Finance]

Oriental Rise Holdings Limited - Ordinary Shares (ORIS) 
Company Research Source: Yahoo! Finance
NINGDE, China, Dec. 30, 2025 (GLOBE NEWSWIRE) -- Oriental Rise Holdings Limited (“Oriental Rise” or the “Company”) (NASDAQ: ORIS), an integrated tea supplier in mainland China, today announced that it has entered into a non-binding letter of intent (“LOI”) to acquire a controlling equity interest in Hubei Daguan Tea Industry Group Co., Ltd. (“Daguan Tea”), a leading tea producer and processor based in Yingshan County, Hubei Province. The Company believes the proposed transaction is highly aligned with its long-term strategic objectives, with a focus on strengthening control over core tea raw material resources and production capacity, optimizing cost structure, and enhancing the development of higher value-added tea products. Oriental Rise will conduct comprehensive due diligence on Daguan Tea and, subject to satisfactory results, proceed with negotiations toward a definitive transaction agreement. The LOI is non-binding, and the completion of any transaction remains subject to due Show less Read more
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