Ridgetech Inc. current report, Q1 FY2022

Filing Overview

Registrant: China Jo-Jo Drugstores, Inc., a Cayman Islands company. The request metadata identifies Ridgetech Inc., but the filing itself names China Jo-Jo Drugstores, Inc.

Form and period: Form 6-K for January 2022, filed January 27, 2022. The report covers matters voted on at the January 25, 2022 annual meeting for the fiscal year ended March 31, 2021.

Business Context and Corporate Actions

The filing reports the results of the company’s annual meeting of shareholders. A quorum was present, and shareholders voted on director elections, auditor ratification, and an equity incentive plan amendment.

Meeting Results

ProposalForAgainstAbstainOutcome
Election of Lei Liu23,525,76284,41119,654Approved
Election of Li Qi23,525,80084,49119,536Approved
Election of Caroline Wang23,061,809548,38419,634Approved
Election of Jiangliang He23,060,975549,21119,641Approved
Election of Genghua Gu23,061,335548,83019,662Approved
Election of Pingfan Wu23,526,70083,47919,648Approved
Ratification of BDO China Shu Lun Pan as independent registered public accounting firm for fiscal 202223,548,92879,1851,714Approved
Amendment No. 2 to the 2010 Equity Incentive Plan18,250,7195,367,41611,692Approved

Financial Metrics and Liquidity

The filing does not provide revenue, profit, cash flow, margins, debt, liquidity, balance sheet figures, or other operating or financial metrics.

Material Changes Versus Prior Period

The filing does not report comparative financial results or material operating changes versus a prior comparable period. The principal disclosed changes are governance-related: election of the six directors, auditor ratification for the fiscal year ending March 31, 2022, and approval of the equity incentive plan amendment.

Guidance, Outlook, Risks, and Unusual Items

The filing provides no financial guidance, operating outlook, management commentary, risk updates, contingencies, or unusual financial items.

No broker non-votes were counted for the director election proposal or the equity incentive plan amendment.

Investor Verification Points

  • Verify the correct registrant identity, because the request metadata names Ridgetech Inc. while the filing names China Jo-Jo Drugstores, Inc.
  • Confirm the six directors elected and their term through the next annual meeting and until successors are elected and qualified.
  • Confirm BDO China Shu Lun Pan’s appointment for the fiscal year ending March 31, 2022.
  • Review the full text of Amendment No. 2 to the 2010 Equity Incentive Plan to assess potential dilution and share-based compensation implications.
  • Use the company’s annual report or other financial filings for current revenue, profitability, cash flow, debt, liquidity, and operating trends, which are not disclosed here.