Oriental Rise Holdings Limited · NASDAQ:ORIS
Oriental Rise — IPO Roadshow (March 2024)
17 slides from Oriental Rise's IPO roadshow presentation, Mar 26, 2024
Slide 1: Oriental Rise Holdings Limited - Issuer Free Writing Prospectus
ORIENTAL RISE HOLDINGS LIMITED March 2024 NasdaqCM: ORIS Issuer Free Writing Prospectus Filed pursuant to Rule 433 Relating to Preliminary Prospectus dated March 22, 2024 Registration Statement File No. 333 - 274976
Slide 2: Free Writing Prospectus Statement and Disclaimers
Free Writing Prospectus Statement and Disclaimers The securities of Oriental Rise Holdings Limited ("we," "us," "our" or the "Company") may only be sold pursuant to an effective registration statement filed with the Securities and Exchange Commission (the "SEC") or an exemption therefrom . This pres
Slide 3: The Offering
The Offering Oriental Rise Holdings Limited (NASDAQ: ORIS) Issuer Ordinary Shares Securities Offered 20,000,000 Ordinary Shares Pre - Offering Shares Outstanding 2,000,000 Ordinary Shares (or 2,300,000 Ordinary Shares if over - allotment option exercise in full) Number of Shares Offered 22,000,000 O
Slide 4: Company Overview
Company Overview We operate 14 tea gardens located in Zherong County, Ningde City in Fujian Province of the PRC We are an integrated supplier of tea products in mainland China. 7,212,000 square meters of tea gardens in total The white tea production volume of the Company is 424.8 tons in 2021 See of
Slide 5: Our Products: Primarily-processed white tea
Our Products: Primarily - processed white tea White tea is made from young leaves rich in white hair which confers the tea its name. Accounted for approximately 81.3%, 83.2% and 83.7% of our total revenue for the years ended December 31, 2021 and 2022 and the six - month period ended June 30, 2023,
Slide 6: Our Products: Primarily-processed black tea
Our Products: Primarily - processed black tea Black tea is a fully oxidized tea and has a stronger flavor than white tea. Accounted for approximately 18.5% , 16.7 and 15.5% of our total revenue for the years ended December 31, 2021 and 2022 and the six - month period ended June 30, 2023, respectivel
Slide 7: Our Products: Refined tea
Our Products: Refined tea To produce refined tea, the primarily - processed tea is further processed by sifting, winnowing, removal of branches and stalks, compressing drying and/or packaging . Accounted for approximately 0.16% , 0.07% and 0.89% of our total revenue for the years ended December 31,
Slide 8: The Tea Gardens We Operate
The Tea Gardens We Operate Located at an altitude ranging from 650 to 1 , 000 meters with a mid - subtropical monsoon climate, the weather in Zherong County generally humid with abundant rainfall, which is favorable for tea cultivation . In addition, the soil in Zherong County has a rich content of
Slide 9: Industry Overview
Industry Overview Black tea is one of the six main categories of tea as well as an important product in the international trade. White tea is one of the most expensive types of tea produced in China due to its relatively low annual production volume. Market size of the white tea industry in China Th
Slide 10: Competitive Strengths
Competitive Strengths Vertically integrated business model with cost effective operations Our tea business operations cover cultivation, processing of tea leaves and the sale of primarily - processed tea and refined tea. Large scale, geographically focused production As one of the top ten companies
Slide 11: Business Strategy
Business Strategy Expand tea gardens through acquisitions and increase production volume • We were unable to accommodate all purchase orders placed by our customers, which amounted to US $12.69 million , US $14.26 million and US $6.88 million in 2021, 2022 and 1H23, respectively. • We believe the av
Slide 12: Key Operating Results
Key Operating Results Volume of Tea Products Sold (Kg) Average Selling Price Per Kg (USD) Revenue by Tea Products in FY2022 (%) 0.1% 16.7% 83.2% Refined Tea Primarily - Processed Black Tea Primarily - Processed White Tea 434,604 471,922 170,429 204,216 97,027 98,089 43,728 44,145 611 128 94 1117 FY2
Slide 13: Financial Highlights
Financial Highlights Selected Income Statement Data Product Revenues (USD ‘000) and Gross Margin (%) 1HFY23 FY2022 FY2021 USD thousands 15,071 24,306 22,368 Total Revenue 9,193 12,650 11,481 Gross Profit 60.1% 52.0% 51.3% Gross Margin % 8,441 11,912 9,480 Operating Profit 56.0% 49.0% 42.4% Operating
Slide 14: Investment Highlights
Investment Highlights Vertically Integrated Business Model Our vertically integrated operations allow us to reduce our business and operational risks and better monitor our cost to further enhance our anticipated profit margin. We can ensure a stable supply of raw materials for our refined tea witho
Slide 15: Management
Management Dezhi Liu Chief Executive Officer and Chairman of the Board of Directors • Chief Executive Officer since 2011 • Chairman of the Board of Director since 2020 • Director and general manager of Fujian MDH from 2015 • General Manager Office of Fujian QJ from 2013 to 2015 • Chief of the Credit
Slide 16: Directors
Directors Desmond Swee Leng Seng Director Nominee Decades of senior leadership and financial oversight experience throughout Australia and the Far East • Consultant to Capital Group • Chief Executive Officer of Suprima Group from 2017 to 2018 • Chief Financial Officer of SHIPSFOCUS GROUP from 2016 t
Slide 17: Thank You - Contact Information
Thank You Contact Information At the Company Bangjie Hu, CFO Email:hubangjie@mdhtea.cn Underwriter Tony Tian, CFA Head of ECM Email: tony.tian@ustigersecurities.com