Ruanyun Edai Technology Launches Pilot Project with the Center on Chinese Education at Teachers College, Columbia University as Part of Expansion into Educational Institutional Support Services

Ruanyun Edai Technology (NASDAQ: RYET) launched a pilot project with the Center on Chinese Education at Teachers College, Columbia University to evaluate its HanLink AI Chinese language platform in U.S. academic settings under a signed award letter.

Rhea-AI Summary

Ruanyun Edai Technology (NASDAQ: RYET) launched a pilot project with the Center on Chinese Education at Teachers College, Columbia University to evaluate its HanLink AI Chinese language platform in U.S. academic settings under a signed award letter.

The pilot builds on prior pilots in Saudi Arabia, a cooperation agreement with Prince Sultan University, establishment of a Saudi regional headquarters, and a target to derive approximately 60% of revenue from international markets by end of 2027.

Positive

• Signed award letter with Columbia University to fund a HanLink pilot
• 500-student HanLink pilot completed in Riyadh (May 2025)
• Cooperation agreement with Confucius Institute at Prince Sultan University (July 2025)
• Established Saudi regional headquarters to support international expansion
• Target of ~60% international revenue by end of 2027

Negative

• None.

Argus Apr 22 session

+7.02% close to close Open Argus

Details

News Market Reaction – RYET

In the Apr 22 session, RYET gained 7.02%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved +7.0% in the session following this news. A strong positive reaction aligns with man...

Analysis

The stock moved +7.0% in the session following this news. A strong positive reaction aligns with management’s ongoing globalization narrative, including the Saudi hub, recent MOU activity, and the goal of deriving 60% of revenue from international markets by 2027. Past strategic updates have often coincided with constructive price moves. However, prior financials showed sharply lower revenue, and existing equity financing arrangements underscore capital-raising risk. Sustained gains would depend on execution of institutional partnerships and conversion of pilots into recurring contracts.

Key Figures

International revenue target: 60% of revenue Pilot duration: 4 weeks Student participants: 500 students +5 more

International revenue target

60% of revenue

Targeted share from international markets by end of 2027

Pilot duration

4 weeks

HanLink pilot at Education & Skills International School in Riyadh

Student participants

500 students

Saudi HanLink pilot, grades 1–12

Grades covered

1–12

Student grades in Riyadh HanLink pilot

Conference dates

May 1–3, 2026

CLTA Annual Conference participation linked to HanLink promotion

Current share price

$1.14

Pre-news price vs 52-week range $0.655–$21

52-week drawdown

94.57% below high

Distance from 52-week high of $21

Market cap

$42,935,205

Equity value before this announcement

Historical Context

5 past events · Latest: Apr 14

5 events

1. Apr 14

   Global MOU signed

   24h Move

   +1.9%

   MOU with City University Malaysia to advance global education strategy.

2. Apr 08

   Strategic financing

   24h Move

   +22.8%

   Closed $1.73M strategic financing to fund global expansion and rebrand.

3. Apr 02

   Saudi HQ, guidance

   24h Move

   +1.4%

   Established Saudi regional HQ and guided for higher FY2026 revenue.

4. Mar 30

   1H 2026 earnings

   24h Move

   -5.5%

   Reported 91.1% revenue decline and wider net loss for 1H 2026.

5. Feb 19

   Rebrand approval

   24h Move

   -1.0%

   Board approved rebranding to Formind Group and outlined growth plans.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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HanLink initiative builds on progress in Saudi Arabia and aligns with Ruanyun’s ongoing globalization strategy, planned branding transition to Formind Group, and set target of deriving approximately 60% of revenue from international markets by the end of 2027.

NANCHANG, China, April 22, 2026 (GLOBE NEWSWIRE) -- Ruanyun Edai Technology Inc. (NASDAQ: RYET) (“Ruanyun Edai Technology,” “RYET,” or the “Company”), an AI-driven education technology company focused on intelligent content recognition, automated assessment and next-generation learning systems, today announced the launch of a pilot project with the Center on Chinese Education at Teachers College, Columbia University as part of its broader expansion into educational institutional support services.

The pilot project, implemented through the Center on Chinese Education at Teachers College, Columbia University, is conducted under a signed award letter pursuant to which Ruanyun has agreed to provide a grant to support an AI-assisted Chinese language and culture learning program using its HanLink platform.

The initiative builds on the Company’s progress in Saudi Arabia. In May 2025, Ruanyun launched a four-week HankLink pilot at Education & Skills International School in Riyadh involving 500 students in grades 1–12, reporting metrics including homework accuracy, oral proficiency, and self-guided practice time. In July 2025, the Company announced a cooperation agreement with the Confucius Institute at Prince Sultan University to support further scaling of HanLink.

Ruanyun believes the initiative supports its strategy of expanding beyond standalone AI software toward a more institution-facing model for educational delivery, as institutions increasingly require not only technology tools but also support in implementation, classroom integration, learner engagement, and program development. The Columbia University pilot will support further evaluation of HanLink in academic settings. HanLink is Ruanyun’s AI-powered Chinese language learning platform, designed for pronunciation assessment, writing analysis, dialogue practice, and classroom integration.

The Company has recently established its Saudi regional headquarters as part of its international expansion strategy and has set a target of deriving approximately 60% of revenue from international markets by the end of 2027, alongside its planned transition to Formind Group.

In connection with the pilot, Ruanyun plans to participate in the upcoming Chinese Language Teachers Association, USA (CLTA) Annual Conference, to be held May 1-3, 2026 in Rhode Island, to engage with the U.S. Chinese-language education community and share insights on HanLink and AI-supported instruction and explore opportunities with educational institutions in the U.S.

“This pilot project with Columbia University is an important initiative in our international expansion,” said Maggie Fu, Chief Executive Officer of Ruanyun Edai Technology Inc. “We believe it will help evaluate HanLink’s deployment in U.S. academic settings and support our broader expansion into institutional services. We look forward to building on this experience with U.S. educational partners.”

About Ruanyun Edai Technology Inc.

Ruanyun Edai Technology Inc. (Nasdaq: RYET) is an AI-driven education and technology company focused on intelligent content recognition, automated assessment, and next-generation learning systems. Subject to shareholder approval and completion of applicable processes, the Company has announced plans to transition to the Formind Group name as part of its broader global strategy. For more information, please visit: ruanyun.net.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the U.S. federal securities laws. These statements include, without limitation, statements regarding the pilot project with the Center on Chinese Education at Teachers College, Columbia University; the expected use of the grant; the anticipated role or applicability of HanLink in academic settings; the Company’s expansion into educational institutional support services; the Company’s international expansion strategy; the Company’s stated target of deriving approximately 60% of revenue from international markets by the end of 2027; the Company’s planned transition to the Formind Group name; and the possibility of broader institutional adoption, expanded collaboration, or additional agreements. These forward-looking statements are based on current expectations, estimates, forecasts, and assumptions, and are subject to substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied, including, without limitation, risks relating to implementation of the pilot project, the parties’ ability to carry out the contemplated activities, the Company’s ability to derive useful outcomes from the initiative, the Company’s ability to convert pilot-stage initiatives into broader institutional adoption, the Company’s ability to execute its international expansion strategy, changes in market conditions, regulatory developments, competitive pressures, financing availability, and the Company’s ability to complete its planned transition to the Formind Group name. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to update these forward-looking statements except as required by law.

For Investor Inquiries and Media Contact:
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FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the Columbia University pilot with Ruanyun Edai Technology (RYET)?

The Columbia pilot is an AI-assisted Chinese language program using HanLink in academic settings. According to the company, it is funded under a signed award letter and aims to evaluate HanLink’s classroom deployment, pronunciation assessment, writing analysis, and dialogue practice.

How does the Columbia pilot relate to Ruanyun’s international expansion goals (RYET)?

The pilot is part of a push toward institution-facing services and U.S. engagement. According to the company, it builds on Saudi pilots and supports the target of deriving about 60% of revenue from international markets by end of 2027.

What prior HanLink deployments has Ruanyun reported before the Columbia pilot (RYET)?

Ruanyun ran a four-week HanLink pilot in Riyadh in May 2025 involving 500 students in grades 1–12. According to the company, metrics collected included homework accuracy, oral proficiency, and self-guided practice time.

Will Ruanyun (RYET) engage with U.S. educators beyond the Columbia pilot?

Yes, Ruanyun plans to attend the CLTA Annual Conference May 1–3, 2026 to engage U.S. Chinese-language educators. According to the company, this aims to share HanLink insights and explore additional institutional opportunities.

What is HanLink and what capabilities will the Columbia pilot evaluate for RYET?

HanLink is an AI-powered Chinese language learning platform for pronunciation, writing analysis, dialogue practice, and classroom integration. According to the company, the pilot will evaluate HanLink’s effectiveness and implementation in U.S. academic settings.