Oranco, Inc. (ORNC)
Oranco was planning to go public, but the IPO was withdrawn on Feb 27, 2025.
IPO Price Range
$4.00 - $6.00
Shares Offered
1,500,000
Deal Size
$7.50M
Company Description
Oranco's mission is to promote premium light aromatic flavor Chinese Baijiu to China’s population at reasonable prices.
Chinese Baijiu is spirits distilled from sorghum, barley and other grains. We aim to achieve this purpose through our high-quality Chinese Baijiu, a wide range of price points, creative and extensive marketing strategies and innovative bottle designs.
Substantially all of our business operations are located in China. Oranco is a Nevada holding company with its business operations conducted in China through its PRC wholly foreign owned enterprise Jin’ou, or WFOE, and the two operating subsidiaries of WFOE, Huaxin and Jinqiang.
Oranco, Inc.
| Country | United States |
| Founded | 1977 |
| Industry | Beverages - Wineries & Distilleries |
| Sector | Consumer Staples |
| Employees | 50 |
| CEO | Peng Yang |
Contact Details
Address: 6470 East Johns Crossing, Suite 160 Johns Creek, GA 30097 United States | |
| Phone | (470) 567-3773 |
| Website | orancoinc.com |
Stock Details
| Ticker Symbol | ORNC |
| Exchange | NASDAQ |
| Fiscal Year | July - June |
| Reporting Currency | USD |
| CIK Code | 0001098996 |
| Employer ID | 87-0574491 |
| SIC Code | 2080 |
Key Executives
| Name | Position |
|---|---|
| Peng Yang | Chief Executive Officer, Director, President and Secretary |
| Tat Fai (Eric) Chung | Chief Financial Officer and Director |
| Mei Chi | Independent Director |
| Cha Hwa (Brandson) Chong | Independent Director |
| Bin Wang | Independent Director |