Oranco, Inc.
ORNC
Other OTC0.44
USD
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Oranco, Inc.
ORNC
(Other OTC)
Recent
price
0.44
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- Oranco, Inc. (ORNC) is a Nevada-based holding company that markets, wholesales and distributes premium light aromatic flavor Chinese Baijiu and imported wines primarily in China. The company offers high-quality Baijiu spirits distilled from sorghum, barley and other grains across a wide range of price points; own-brand series including Dagangjiu, Waipara Springs and Bascand Estate products; and Fenjiu liquor, supported by creative marketing strategies and innovative bottle designs. Operations occur substantially through its PRC wholly foreign-owned enterprise Jin'ou (WFOE) and subsidiaries Fenyang Huaxin Spirit Development Co., Ltd. (Huaxin) and Fenyang Jinqiang Spirit Co., Ltd. (Jinqiang), with additional investment holding via Reliant Galaxy International Limited and Sure Rich Investment (Group) Limited; it targets Chinese consumers through extensive online and offline channels blending new retailing approaches. Founded in 1977 and headquartered at 6470 East Johns Crossing, Suite 160, Johns Creek, Georgia, Oranco employs approximately 50 people and operates in the beverages industry within the consumer staples sector, with all sales geographically concentrated in the People's Republic of China. In a significant recent development, Oranco filed for an initial public offering of 1.5 million shares priced between $4.00 and $6.00 but withdrew the IPO on February 27, 2025.