IPO - ORIENTAL RISE HOLDINGS Ltd

Form Type: 20-F

Filing Date: 2025-04-30

Corporate Action: Ipo

Type: New

Accession Number: 000121390025037481

Filing Summary: Oriental Rise Holdings Limited, incorporated in the Cayman Islands, is not currently engaging in active business but operates as a holding company for its subsidiaries in mainland China, including Fujian Min Dong Hong Tea Technology Co., Ltd. and Fujian Qingjing Agricultural Comprehensive Development Co., Ltd. The company recently completed a successful initial public offering (IPO) on October 18, 2024, and received the necessary filing approval from the China Securities Regulatory Commission (CSRC) on January 24, 2024. A corporate share subdivision was executed on September 27, 2023, where each ordinary share of par value US$0.001 was subdivided into 1.25 shares of par value US$0.0008, increasing total shares outstanding to 20 million post-subdivision. Operating under unique regulatory conditions, the company acknowledges risks associated with Chinese government oversight of foreign investments and securities regulation that may impact business operations and share value. As of April 30, 2025, it is essential for the company to comply with evolving regulations to sustain investor confidence and operational status. The financial statements comply with U.S. GAAP, and no dividends are expected to be paid in the foreseeable future, as the company seeks to reinvest earnings for growth and expansion.