Ridgetech Inc.

We are a wholesale distributor of pharmaceutical and other healthcare products in the People’s Republic of China ( PRC or China ). As further described below, the wholesale business is primarily conducted through subsidiaries of Renovation, including Zhejiang Jiuxin Medicine Co., Ltd. ( Jiuxin Medicine ) acquired by us in August 2011, and Allright (Hangzhou) Internet Technology Co. Ltd ( Allright ) acquired by us in February 2025 (see Corporate History below). Under the name of China Jo-Jo Drugstores, Inc., the Company was originally founded as a retail pharmacy business and subsequently ventured into the wholesale business in 2011 through the acquisition of Jiuxin Medicine. Prior to the Restructuring Transactions, we operated our pharmacies (including the medical clinics) through VIEs including Hangzhou Jiuzhou Grand Pharmacy Chain Co., Ltd. ( Jiuzhou Pharmacy ), Hangzhou Jiuzhou Clinic of Integrated Traditional and Western Medicine (General Partnership) ( Jiuzhou Clinic ), and Hangzhou Jiuzhou Medical & Public Health Service Co., Ltd. ( Jiuzhou Service ), which we controlled contractually through Jiuxin Investment. We also had a herb farming business cultivating and wholesaling herbs used for TCM prior to the Restructuring Transactions. This business was conducted through Hangzhou Qianhong Agriculture Development Co., Ltd. ( Qianhong Agriculture ), a wholly-owned subsidiary of Jiuxin Investment.