Liu Lei → Ridgetech Inc. RDGT

Item 4 of the Schedule 13D is hereby amended and supplemented by adding the following information: As reported on Form 6-K furnished by the Issuer on February 3, 2025, the Reporting Person, Li Qi and Oakview International Limited ("Oakview") have agreed to surrender for no consideration in total 2,548,353 Ordinary Shares back to the Issuer, pursuant to that certain Equity Exchange Agreement (the "Agreement"), dated January 31, 2025, by and among the Issuer, Renovation Investment (Hong Kong) Co., Ltd. ("Renovation"), the Reporting Person, Li Qi, and Oakview. In exchange for the surrendered shares, the Issuer and Renovation have agreed to transfer all equity in Zhejiang Jiuxin Investment Management Co. Ltd., a limited liability company incorporated in the People's Republic of China and a direct subsidiary of Renovation, to Oakview, as further described in the proxy statement for annual general meeting of the shareholders furnished by the Issuer as Exhibit 99.1 to Form 6-K with the Securities and Exchange Commission on February 4, 2025 (the "Proxy Statement"). The transactions contemplated by the Agreement (the "Transactions") were consummated on February 28, 2025. As a result, the Reporting Persons no longer owns, beneficially or otherwise, any securities of the Issuer. The foregoing description of the Transactions discussed in this Item 4 is qualified in its entirety by reference to description of the Transactions and related transactions contained in the Proxy Statement, which such description is incorporated by reference herein. In connection with the Transactions, Mr. Liu and Ms. Qi resigned from the Issuer's board of directors and any other officer positions with the Issuer (including Mr. Liu's role as Chief Executive Officer).