Oriental Rise Holdings Limited Signs Non-Binding Letter of Intent to Acquire PoDu White Tea Beverage Brand and Related Assets
Proposed Transaction Expected to Expand Ready-to-Drink Product Portfolio, Enhance White Tea Value Chain, and Broaden Health-Oriented Consumption Scenarios NINGDE, China, Jan. 09, 2026 (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 the PoDu (“破独”) white tea beverage brand and certain related assets (the “Proposed Transa ...