Oriental Rise Holdings Ltd. Signs Non-Binding LOI to Acquire Daohe and Minji in Strategic Expansion Move

Reuters
07/28
<a href="https://laohu8.com/S/ORIS">Oriental Rise</a> Holdings Ltd. Signs Non-Binding LOI to Acquire Daohe and Minji in Strategic Expansion Move

Oriental Rise Holdings Ltd. has announced that it has signed a non-binding letter of intent to acquire 100 percent of the equity interests in Fujian Daohe Tea Technology Co., Ltd. and Ningde Minji Tea Co., Ltd., two leading tea distributors in China. This potential acquisition is part of Oriental Rise's strategy to enhance its tea distribution network in China and strengthen its vertical integration. Dezhi Liu, CEO of Oriental Rise, expressed that integrating Daohe and Minji would significantly expand the company's distribution capabilities and improve supply-chain efficiency, aligning with their goal to deliver premium tea products and create sustainable value. The company will now conduct thorough due diligence and work towards finalizing a definitive acquisition agreement.

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: GNW9501150-en) on July 28, 2025, and is solely responsible for the information contained therein.

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