Ruanyun Edai Technology Unveils Smart Campus Services Business With Approximately US$9.49 Million in Cumulative Operating Revenue Since September 2025 Launch
Rhea-AI Summary
Ruanyun Edai Technology (NASDAQ: RYET) introduced its Smart Campus Services business to investors, highlighting approximately US$9.49 million in cumulative unaudited operating revenue from launch in September 2025 through May 31, 2026.
The unit generated about US$3.83 million in April–May 2026, equal to roughly 67% of revenue from September 2025–March 2026.
Positive
- Smart Campus Services cumulative operating revenue about US$9.49 million since September 2025 launch
- April–May 2026 operating revenue about US$3.83 million, around 67% of prior seven-month period
- Business broadens revenue base into campus infrastructure, operations and student services
- Smart Campus Services aligned with AI-driven platforms such as HanLink, Cogni AI and YeeZo
Negative
- All Smart Campus Services revenue figures are unaudited and based on internal management accounts
- Reported operating revenue figures have not been prepared in accordance with U.S. GAAP
- International rollout of Smart Campus Services is contingent on partners, regulation and market acceptance
News Market Reaction – RYET
In the Jun 17 session, RYET gained 8.41%, reflecting a notable positive market reaction. Argus tracked a peak move of +3.7% during that session. Argus tracked a trough of -10.4% from its starting point during tracking. Our momentum scanner triggered 9 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 |
|---|---|---|---|---|
| Jun 09 | K-12 contract win | Positive | +8.8% | Completed Smart Reading contract worth about US$1.20M for K-12 schools. |
| Jun 03 | AI platform expansion | Positive | -2.7% | Expanded Cogni AI into private AI platform backed by contracted activity. |
| May 27 | New AI product | Positive | -3.4% | Introduced YeeZo AI content workflow platform targeting drama and education. |
| May 21 | Saudi HanLink deal | Positive | -1.1% | Strategic associate signed Saudi agreement for HanLink learning platform. |
| May 06 | Global HQ step | Positive | +1.9% | Incorporated Formind Global Holdings in Malaysia for global HQ strategy. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent positive strategic and contract news has produced mixed reactions, with more instances of divergence than alignment between news tone and next-day price moves.
Over the last few months, Ruanyun has reported multiple AI and international expansion milestones. A Jun 09 K-12 contract of about US$1.20 million coincided with an 8.84% gain, while earlier Cogni AI and YeeZo announcements in late May and early June saw modest declines. Strategic steps toward the Formind Group structure and global headquarters, including the Malaysia incorporation on May 6, drew a smaller 1.9% move. Today’s Smart Campus Services update fits this pattern of platform-building news with varied short-term price responses.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Smart Campus Services generated approximately US
KUALA LUMPUR, Malaysia, June 17, 2026 (GLOBE NEWSWIRE) -- Ruanyun Edai Technology Inc. (NASDAQ: RYET) (the “Company” or “Ruanyun”), an AI-driven education and technology company advancing its planned transformation into Formind Group, today unveiled its Smart Campus Services business to investors. Launched in September 2025, Smart Campus Services is a high-growth campus infrastructure business serving student-life, campus operations and institutional service needs.
Based on unaudited management accounts, the Company’s Smart Campus Services business recorded approximately US
The April and May performance reflects accelerating momentum, with the first two months of operating revenue in the 2027 financial year equal to approximately
Smart Campus Services expands Ruanyun’s business beyond classroom-based education technology into the broader infrastructure layer of campus life. The business supports integrated campus operations across food-service management, merchant settlement, dormitory utilities, student-life workflows, vocational development and employment-related services.
“Smart Campus Services represents one of the operating businesses that we believe can define the Company’s next stage of growth,” said Maggie Fu, Chief Executive Officer of Ruanyun. “Formind is not simply a name change. It represents a broader identity and strategy for building an AI-driven education and institutional technology platform. With approximately US
The Company believes Smart Campus Services complements its broader strategy, including HanLink, Cogni AI, YeeZo and other AI-driven education and institutional technology initiatives. Together, these businesses are intended to support the Company’s development as a global education and institutional technology platform combining AI learning systems, content intelligence, campus operations and student-service infrastructure.
The Company is evaluating opportunities to introduce selected elements of the Smart Campus Services model outside China, including through its broader Middle East and international expansion initiatives. Any international deployment remains subject to local partner engagement, regulatory review, commercial agreements, implementation planning and market acceptance.
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, next-generation learning systems and technology-enabled educational support services. The Company is committed to delivering scalable, efficient and intelligent technology solutions globally. Subject to shareholder approval and completion of applicable corporate and regulatory processes, the Company plans to transition to the Formind Group name as part of its broader global strategy.
Investor Relations and Corporate Communications
FSR Capital, a FSR Group Company
Email: ir@fsr.group
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws, including statements regarding the Company’s Smart Campus Services business, planned Formind Group transition, operating model, revenue potential, international expansion, technology capabilities and future growth strategy. Forward-looking statements are based on current expectations and are subject to risks and uncertainties, including risks relating to customer adoption, school and institutional demand, contract execution and renewal, campus-service operations, food-service and utility regulation, vocational and employment-service execution, data privacy and cybersecurity, partner performance, collection timing, revenue recognition, consolidation, audit review, currency translation, international expansion and the risks described in the Company’s filings with the U.S. Securities and Exchange Commission.
The operating revenue figures discussed in this press release are based on unaudited management accounts and should not be regarded as audited consolidated financial results. Actual revenue recognized in the Company’s consolidated financial statements may differ due to audit adjustments, consolidation analysis, intercompany eliminations, accounting treatment, principal-versus-agent analysis, timing differences, currency translation and applicable accounting standards. The referenced figures are not gross transaction volume, gross merchandise value, annual recurring revenue, net income, backlog, cash balance or a guarantee of future revenue. The Company undertakes no obligation to update forward-looking statements except as required by law.
