Company Description
Ruanyun Edai Technology Inc. (NASDAQ: RYET) is an AI-powered education technology company focused on K-12 education and broader digital learning. According to company disclosures and press releases, Ruanyun develops and delivers AI-enabled learning, assessment, and digital education platforms that support teaching, learning, and academic administration in institutional and online environments. The company is described as an education-focused artificial intelligence business and an innovative AI-driven education technology company.
Ruanyun’s solutions integrate artificial intelligence, data analytics, and cloud-based platforms to enhance instructional efficiency, personalize learning experiences, and support educational outcomes. The company states that it provides intelligent learning tools, assessment platforms, and adaptive learning systems designed to enhance academic performance and streamline educational processes. Its offerings are positioned to empower schools, teachers, and students through AI-enabled teaching, learning, and evaluation tools that combine AI and the internet.
Core Educational AI Platforms
Based on its public filings and news releases, Ruanyun’s revenue has primarily come from two main product lines: the SmartExam® solution and the SmartHomework® solution. These solutions generate revenue through six core streams identified by the company: platform development, other testing services, software customization and content development, licensing, personalized exercise books and MOTK Pro, and digitalization services. The company has highlighted a strategic shift toward higher-margin software and AI-based services, including AI-based digital technology services using proprietary AI Optical Character Recognition (AI-OCR).
The SmartExam® solution is associated with computerized testing and related platform development and services, while the SmartHomework® solution has included platform development, software customization and content development, licensing, personalized exercise books and MOTK Pro, and digitalization services. Company disclosures indicate that policy changes in China affecting certain education services have led Ruanyun to reduce businesses with significant hardware investment and to focus more on standardized, replicable software products and AI-based services.
AI-OCR and Document Intelligence
Ruanyun reports that it is transitioning digitalization services toward AI-based digital technology services using proprietary AI-OCR. According to its financial results discussion, this technology is used to process and convert various documents, enabling intelligent recognition, automated data collection and processing, automated data entry and verification, and customized OCR solutions. This reflects the company’s emphasis on applying AI to automate and enhance educational and document-related workflows.
In addition, Ruanyun has announced the commercial release of Cogni AI, a multimodal AI agent that offers visual understanding and semantic recognition capabilities. The company describes Cogni AI as an autonomous agent that interprets documents, extracts, structures, and evaluates key information, and supports large-scale digitization and cross-industry document automation. It combines collaborative visual layout analysis, semantic field recognition, and an integrated quality-control framework to provide template-free information extraction across diverse layouts, scanned files, and complex formats.
SmartExam®, SmartHomework®, and Revenue Streams
Ruanyun’s financial results discussion outlines how its SmartExam® and SmartHomework® solutions contribute to revenue. The SmartExam® solution has generated revenue from platform development and other testing services. The SmartHomework® solution has generated revenue from platform development, software customization and content development, licensing, personalized exercise books and MOTK Pro, and digitalization services.
The company notes that revenue from SmartHomework® platform development and digitalization services decreased as it reduced projects with high capital risk and responded to policy changes limiting supplementary materials in China. At the same time, Ruanyun reports significant growth in SmartHomework® software customization and content development and in licensing revenue, attributing this to standardized, rapidly replicable software products and the broad applicability of its standardized question bank, including into vocational education.
HanLink Chinese Language Learning Platform
Ruanyun has also introduced HanLink, which it describes as an innovative AI-powered Chinese language learning platform. According to company press releases, HanLink utilizes AI to provide scalable, immersive Chinese language learning instruction. The company states that HanLink includes AI-driven learning with real-time pronunciation correction, character-writing analysis, and numerous real-world conversational scenarios. It also features an AI tutor (“AI Han”) that offers instant feedback and personalized support, teacher tools for automated grading, performance dashboards, and curriculum-aligned resources, as well as data analytics that provide insights from national trends to individual student progress.
Ruanyun reports that HanLink has been piloted in Saudi Arabia at Education & Skills International School in Riyadh and that the pilot involved students in grades 1–12. The company has also announced a strategic cooperation agreement with the Confucius Institute at Prince Sultan University to integrate HanLink into Saudi Arabia’s first national online Confucius Institute and into accredited Chinese language curriculum, with joint development of localized teaching materials and assessments.
Cogni AI Multimodal Agent
In its announcement of Cogni AI, Ruanyun describes the agent as a batch-processing autonomous system designed to reduce the configuration required by traditional template-driven optical character recognition technologies and to improve generalization across document types. Cogni AI is said to provide end-to-end functionality from visual element detection and semantic understanding and mapping to field-level confidence scoring, cross-field consistency checks, and automated result-quality evaluation. The company positions Cogni AI as a tool that can reduce reliance on manual verification, shorten project timelines, and provide a more reliable data foundation for search, analytics, and compliance applications.
Capital Markets and Nasdaq Listing
Ruanyun Edai Technology Inc. has disclosed that it completed an initial public offering of ordinary shares on the Nasdaq Capital Market under the ticker symbol RYET. The company states that the offering was conducted on a firm commitment basis and that the shares commenced trading on the Nasdaq Capital Market under this symbol. Ruanyun has indicated that net proceeds from the offering are intended for research and development of new products and services, marketing and customer services, new content creation, cash reserves, and working capital and general corporate purposes, including costs to set up additional regional offices.
In a subsequent Form 6-K filing, Ruanyun reports that it entered into an equity purchase agreement with ARC Group International Ltd., under which ARC has committed to purchase up to a specified dollar amount of the company’s ordinary shares over a 36‑month period at the company’s discretion, subject to conditions. The company notes that it is not obligated to make any sales under this facility and that ARC is subject to ownership limits and restrictions on short selling or hedging transactions involving the company’s securities.
Business Strategy and Focus Areas
Across its press releases and financial disclosures, Ruanyun emphasizes a strategy of focusing on AI-enabled educational platforms, higher-margin software and services, and international expansion of its technology. The company highlights its transition away from hardware-intensive projects and certain domestic services affected by policy changes, toward AI-based digital technology services such as AI-OCR, standardized software products, and licensing models.
Ruanyun also points to the role of its U.S. IPO in enabling international replication of its business model, referencing services provided to a customer in the United States and the deployment of HanLink in Saudi Arabia. In its commentary, the company suggests that its technological foundation and operational model may support potential expansion into additional education segments and geographic markets, while noting that factors such as technology evolution, customer acceptance, and macroeconomic conditions can affect outcomes.
Regulatory Filings and Corporate Structure
Ruanyun Edai Technology Inc. is identified in SEC filings as an exempted company incorporated under the laws of the Cayman Islands and as a foreign private issuer that files reports on Form 20-F and Form 6-K under the Securities Exchange Act of 1934. The company’s Form 6-K filings include disclosures about material agreements such as the equity purchase agreement with ARC Group International and the furnishing of press releases related to product launches, financial results, and partnerships.
The company’s financial statements, included in its public disclosures, present details on revenues from third parties, cost of revenues, gross profit, operating expenses, and net loss, as well as information on assets, liabilities, and equity. Ruanyun attributes changes in its financial performance to shifts in revenue mix, cost management, and strategic decisions to discontinue certain businesses and emphasize software development and AI-based services.
Role in Education & Training Services Sector
Within the broader education and training services and consumer defensive sector classification, Ruanyun positions itself as a technology-driven participant focused on AI for education. Its activities, as described in public materials, span K-12 education in China, AI-based assessment and homework platforms, AI-OCR and document automation, and AI-powered language learning through HanLink. By integrating AI with educational content, assessment, and administration, the company aims to support institutions, educators, and learners in digital and institutional learning environments.