Oriental Rise (ORIS) stock jumps premarket after Daguan Tea acquisition LOI
NEW YORK, December 31, 2025, 05:13 ET — Premarket Shares of Oriental Rise Holdings Limited jumped 36.9% to $1.67 in premarket trading on Wednesday after the China-based tea supplier said it signed a non-binding letter of intent to acquire a controlling equity interest in Hubei Daguan Tea Industry Group. Public+1 The proposed move matters now because it aims at a pressure point for food-and-beverage producers: securing reliable inputs while controlling costs. Oriental Rise pitched the deal as part of a “vertical integration” strategy—owning more steps of the supply chain, from cultivation and processing to downstream sales—to improve margins over time.