Core Viewpoint - Oriental Rise (ORIS) Holdings has entered into a non-binding letter of intent to acquire the PoDu white tea beverage brand, aligning with its long-term strategic objectives to enhance its white tea category and diversify product offerings [1] Group 1: Proposed Transaction Details - The acquisition involves PoDu, a ready-to-drink botanical tea beverage brand from Zherong County, Fujian Province, focusing on high-altitude white tea [1] - The transaction is subject to comprehensive due diligence, satisfactory results, and the execution of definitive agreements [1] - The completion of the transaction is contingent upon customary closing conditions [1] Group 2: Strategic Alignment and Benefits - The proposed acquisition is expected to complement Oriental Rise's existing tea garden resources in Zherong County, furthering its strategy of expanding across the tea value chain [1] - The company aims to enhance its product innovation, branding, distribution, and consumer product development through this acquisition [1] - Expected benefits include a diversified product mix, increased exposure to higher-margin consumer products, and improved ability to capture health-oriented demand trends [1] Group 3: Market Position and Growth Potential - Zherong County is recognized for its high-altitude tea-growing environment, which contributes to the production of premium tea leaves [1] - The combination of Oriental Rise's resources and PoDu's brand positioning is anticipated to strengthen brand presence and enhance operating leverage for future growth initiatives [1]

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 ...