Ridgetech Inc. RDGT

What this company does

Ridgetech, Inc. is a wholesale distributor of pharmaceutical and other healthcare products in the People's Republic of China. It operates in the offline wholesale distribution of pharmaceutical products primarily to local buyers, while also engaging in online sales through both its self-operated and third-party platforms to customers nationwide. Its wholesale business is conducted primarily through subsidiaries of Renovation, including Zhejiang Jiuxin Medicine Co., Ltd., acquired in August 2011, and Allright (Hangzhou) Internet Technology Co. Ltd, acquired in February 2025. Allright operates in the B2B sector, providing wholesale distribution and online sales through self-operated and third-party platforms, with a focus on pharmaceuticals, medical devices, health foods, cosmetics and daily necessities. As of June 2026, it offered more than 5,000 varieties of products and served over 180,000 customers, including retail pharmacies, clinics and other vendors across the country. For the fiscal year ended March 31, 2026, the Company had one customer that accounted for more than 10 percent of its total sales from continuing operations, at 53.7 percent. As of March 31, 2026, it had 64 employees combined in its wholesale operation. The company was incorporated in Nevada on December 19, 2006, under the name "Kerrisdale Mining Corporation," with a principal business objective to acquire and develop mineral properties.

Written from the business description in Ridgetech, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 31 July 2026. Every sentence was checked against that document before publication.