Ridgetech outlines dual-engine growth strategy for 2026

Ridgetech Inc. (NASDAQ: RDGT) announced a growth strategy for 2026 centered on supply chain integration through its wholesale distribution network, B2B platform, and franchise system. The China-based pharmaceutical and healthcare products distributor outlined plans to strengthen its core business and accelerate digital innovation.

The company plans to enhance its wholesale business by deepening strategic cooperation with core suppliers, reinforcing exclusive agency resources, and expanding distribution coverage of high-margin domestic and international brands. Ridgetech also intends to implement full-process controls for agency products and optimize rebate settlement mechanisms.

For digital expansion, Ridgetech's subsidiary Allright (Hangzhou) Internet Technology Co., Ltd. will serve as the digital engine for B2B business expansion. The company targets expanding Allright's customer base to over 300,000, achieving a 30% year-on-year increase in B2B new customers, and reaching an online business penetration rate exceeding 30% in Allright.

The strategy involves collaboration between two core growth engines: Zhejiang Jiuxin Medicine Co., Ltd., the company's offline pharmaceutical wholesale distribution platform, and Allright, its online platform. Ridgetech plans to systematically introduce Jiuxin Medicine's supply chain products onto the Allright platform, integrating procurement and sales processes.

"We remain firmly committed to our strategic positioning—strengthening foundations while advancing innovation, combining quality improvement with efficiency enhancement, and pursuing parallel breakthroughs in business models and value creation," said Frank Zhao, Interim Chief Executive Officer and Chief Financial Officer.

The information is based on a company press release statement.

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