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Oriental Rise Holding Limited Signs Non-Binding Letter of Intent to Acquire Daohe and Minji
Globenewswire· 2025-07-28 20:30
Potential Strategic Acquisitions to Strengthen Vertical Integration and Expand Distribution CapabilitiesNINGDE, China, July 28, 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 100 percent of the equity interests of Fujian Daohe Tea Technology Co., Ltd. (“Daohe”) and Ningde Minji Tea Co., Ltd. (“Minji,” and together ...