Oriental Rise Holdings Ltd., an integrated tea supplier in mainland China, has entered into a non-binding letter of intent to acquire a controlling equity interest in Hubei Daguan Tea Industry Group Co., Ltd., a leading tea producer and processor based in Yingshan County, Hubei Province. The potential transaction aims to strengthen Oriental Rise’s control over tea raw material resources and production capacity, optimize its cost structure, and enhance the development of higher value-added tea products. If completed, the acquisition is expected to improve supply stability, quality control, and product mix, while advancing Oriental Rise’s vertical integration strategy and supporting its nationwide distribution network. Completion of the transaction remains subject to due diligence and the execution of definitive agreements.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oriental Rise Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9618328-en) on December 30, 2025, and is solely responsible for the information contained therein.