Oriental Rise shares surge 43.84% intraday as company reports $15.01M revenue from 2024 white tea production and strategic expansion of product line and mid-to-high-end market focus.

Oriental Rise surged 43.84% intraday, driven by Q1 2024 revenue of $15.014 million from primary processing and refined white tea products, with a strategic focus on expanding product lines and strengthening mid-to-high-end market positioning. The company specializes in the production and sale of white tea products across the United States.