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
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.
News Market Reaction – RYET
In the Apr 22 session, RYET gained 7.02%, reflecting a notable positive market reaction. Argus tracked a peak move of +3.2% during that session. Argus tracked a trough of -12.9% from its starting point during tracking. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Apr 14 | Global MOU signed | Positive | +1.9% | MOU with City University Malaysia to advance global education strategy. |
| Apr 08 | Strategic financing | Positive | +22.8% | Closed $1.73M strategic financing to fund global expansion and rebrand. |
| Apr 02 | Saudi HQ, guidance | Positive | +1.4% | Established Saudi regional HQ and guided for higher FY2026 revenue. |
| Mar 30 | 1H 2026 earnings | Negative | -5.5% | Reported 91.1% revenue decline and wider net loss for 1H 2026. |
| Feb 19 | Rebrand approval | Neutral | -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.
Recent strategic and financing news has generally seen positive price reactions, while weak financial results prompted a selloff.
Over recent months, Ruanyun Edai Technology has focused on a globalization pivot and rebranding to Formind Group. On Feb 19, 2026, the board approved the rebrand and highlighted a potential Saudi contract and U.S. HanLink initiatives. Earnings on Mar 30, 2026 showed sharply lower revenue and margins, drawing a negative reaction. Subsequent updates on the Saudi regional headquarters, a $1.73 million strategic financing, and an MOU with City University Malaysia in early April all supported the goal of deriving about 60% of revenue from global markets by end-2027.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
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
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
For Investor Inquiries and Media Contact:
WFS Investor Relations Inc.
Email: services@wfsir.com
Phone: +1 628 283 9214
