Strategic Acquisitions Could Boost Vertical Integration and Distribution Network

NINGDE, China, July 28, 2025 – Oriental Rise Holdings Limited (“Oriental Rise” or the “Company”) (NASDAQ: ORIS), a comprehensive tea provider in mainland China, today revealed it has signed a non-binding letter of intent (“LOI”) to purchase all equity interests in Fujian Daohe Tea Technology Co., Ltd. (“Daohe”) and Ningde Minji Tea Co., Ltd. (“Minji,” collectively, the “Targets”), both prominent tea distributors in China. This LOI represents a crucial move in Oriental Rise’s plan to broaden and diversify its holdings within China’s rapidly expanding consumer goods and wellness industries. The Company will now commence thorough due diligence on the Targets and aims to negotiate a final acquisition agreement. The LOI remains non-binding, allowing either party to end discussions at any point.

Fujian Daohe is recognized for its high-quality tea offerings, sophisticated processing techniques, and extensive sourcing networks in China’s acclaimed tea-growing areas, providing unmatched advantages in product development and supply chain coordination. Ningde Minji specializes in tea distribution, boasting countrywide reach through both online and brick-and-mortar sales platforms.

Merging Oriental Rise’s financial robustness, brand recognition, and overarching strategic outlook with the Targets’ rich tea heritage, localized production presence, and established distribution channels, the Company is set to realize substantial synergies across research and development, distribution, and brand promotion. This merger is anticipated to facilitate the creation of high-profit, enhanced tea products designed for fluctuating market demands, simultaneously improving supply chain durability and broadening accessible market reach. Ultimately, this move aims to solidify Oriental Rise’s standing as a dominant force in China’s tea sector.

This proposed acquisition is consistent with Oriental Rise’s long-term objective to expand its tea distribution presence throughout China and enhance vertical integration. By merging its current operations with the Targets’ well-developed distribution networks, the Company projects accelerated revenue growth, increased market penetration, and further improvements in operational effectiveness.

“Signing this LOI represents a significant stride towards solidifying our leadership as an integrated tea provider in China, the world’s largest tea consumption market. Integrating Daohe and Minji into the Oriental Rise fold would substantially enhance our distribution capacities, enlarge our customer base, and boost supply chain efficiency, thereby generating increased value for both our enterprise and our shareholders,” stated Mr. Dezhi Liu, Chief Executive Officer of Oriental Rise. “We are steadfast in our dedication to supplying top-tier tea products while actively seeking opportunities that yield enduring value for our shareholders. This potential deal perfectly complements our vertical-integration approach—encompassing everything from cultivation and processing to distribution and retail—and prepares us to address the changing preferences of global consumers. We are hopeful about concluding our discussions with Daohe and Minji and achieving a favorable outcome.”

About Oriental Rise Holdings Limited (NASDAQ: ORIS)

Oriental Rise Holdings Limited functions as a vertically integrated supplier of tea products across mainland China. Our primary tea offerings encompass (i) initial-processed teas, including white tea and black tea, and (ii) refined white tea and black tea. Our business model integrates cultivation, tea leaf processing, and the sale of tea products to both commercial tea operators (like wholesale distributors) and direct retail consumers within mainland China. Our tea gardens are situated in Zherong County, Ningde City, Fujian Province, mainland China. For further details, please visit the Company’s website at .

Forward-Looking Statements

This announcement contains certain forward-looking statements, which include, but are not limited to, projections regarding the anticipated completion, timing, and scale of the Offering, as well as the planned application of its proceeds. These forward-looking statements carry inherent known and unknown risks and uncertainties, being founded on the Company’s present outlook and forecasts concerning future occurrences that the Company believes could influence its financial state, operational outcomes, business approach, and fiscal requirements, specifically including the anticipation that the Offering will be successfully concluded. Such statements are identifiable by terms or phrases like “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may,” or other comparable expressions. The Company disclaims any obligation to publicly update or amend any forward-looking statements to account for later events or conditions, or shifts in its expectations, unless legally mandated. While the Company deems the expectations presented in these forward-looking statements to be reasonable, it cannot guarantee their ultimate accuracy, and investors are cautioned that actual outcomes might diverge significantly from projected results. Investors are advised to examine additional factors that could impact future results, as detailed in the Company’s registration statement and other submissions to the U.S. Securities and Exchange Commission.

For inquiries from investors and media, please reach out to:

Oriental Rise Holdings Limited
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