The board of directors appointed Lingtao Kong, currently Chair of the Board, as Chief Executive Officer effective November 1, 2026. Mr. Kong will serve a two-year term ending October 31, 2028, with an annual cash compensation of HK$840,000 (approximately USD 108,000). Concurrently, Ming Zhao ceased serving as Interim CEO but remains Chief Financial Officer. Mr. Kong will continue to serve as Chair of the Board while managing day-to-day operations and implementing long-term strategy. Ridgetech Inc. operates in the technology sector.
