Changes in US stocks | ORIS.US surged more than 25% to acquire a controlling interest in Hubei Daguan Tea Industry Group

The Zhitong Finance App learned that on Wednesday, ORIS.US (ORIS.US) surged more than 25% to 1.53 US dollars. According to the news, on December 30, Mindonghong announced the signing of a non-binding letter of intent to acquire a controlling interest in Hubei Daguan Tea Industry Group with the aim of strengthening upstream supply control and optimizing the product portfolio. According to data, Mindonghong Group grows, processes, and refines white tea and black tea in Fujian Province, China, and sells the tea to distributors and end consumers in China. Primary-processed white tea is the core product of Eastern Fujian Red.