v3.26.1
Description of Business
12 Months Ended
Dec. 31, 2025
Description of Business [Abstract]  
Description of Business

1. Description of Business

 

Oriental Rise Holdings Limited (the “Company”) was incorporated and registered on 25 January 2019 in the Cayman Islands as an exempted company with limited liability under the Companies Act (As Revised), Cap. 22 of the Cayman Islands. The registered office of the Company is Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, KY1-1111, Cayman Islands. On 17 October 2024, the Company completed the initial public offering (“IPO”) on the Nasdaq Stock Exchange (stock code: ORIS).

 

The Company’s ultimate holding company is PLENTIFUL THRIVING LIMITED (“Plentiful Thriving”), a company incorporated in the British Virgin Islands (“BVI”). Plentiful Thriving is controlled by Mr. CHUN SUN WONG (“Mr. Wong”). Plentiful Thriving and Mr. Wong are referred to as the controlling shareholder.

 

The Company is an investment holding company. The Company and its wholly-owned subsidiaries now comprising the Group are principally engaged in production and trading of primarily-processed teas and refined teas in the People’s Republic of China (“PRC”). Details of the Company’s wholly-owned subsidiaries are set out in below:

 

   Place of     Issued and  Percentage of ownership
interest/voting power/profit sharing
   
   incorporation
and
  Date of
incorporation/
  paid up
capital/registered
  As of
December 31
  At of date
of this
  Principal
Name  operation  establishment  capital  2024  2025  report  activities
Wisdom Navigation Limited (“Wisdom Navigation”)  BVI  15 November 2018  USD100/
USD50,000
  100%  100%  100%  Investment holding
East Asia Enterprise Limited  Hong Kong  8 October 2012  HK$10,000/
HK$10,000
  100%  100%  100%  Investment holding
福建閩東紅茶業科技有限公司 Fujian Min Dong Hong Tea Industrial Technical Company Limited*  PRC  24 May 2013  HK$29,670,000/
HK$35,000,000
  100%  100%  100%  Sales of refined teas
福建省青菁農業綜合開發有限公司 Fujian Qing Jing Agricultural Development Company Limited*  PRC  26 May 2008  RMB 3,060,000/
RMB 3,060,000
  100%  100%  100%  Processing of tea leaves and wholesale primarily- processed teas
深圳市閩東紅科技有限公司 Shenzhen Min Dong Hong Tea Industrial Technical Company Limited*  PRC  3 April 2025 
RMB Nil/
RMB 5,000,000
 
-
  100%  100%  Dormant

 

Notes:

 

All companies now comprising the Group have adopted December 31 as their financial year end date.

 

*:The English names of these companies represent the best effort made by the directors of the Company to translate the Chinese names as these companies have not been registered with any official English names.