Ruanyun Edai Technology Inc. (NASDAQ: RYET) is a foreign private issuer and exempted company incorporated under the laws of the Cayman Islands that files reports with the U.S. Securities and Exchange Commission. As disclosed in its filings, Ruanyun is an AI-powered education technology company focused on AI-enabled learning, assessment, and digital education platforms, with key product lines including the SmartExam ae and SmartHomework ae solutions.
On this SEC filings page, users can review Ruanyun e2 80 99s Form 20-F annual reports, Form 6-K current reports, and other documents that provide detail on its business, risk factors, and financial statements. For example, Form 6-K submissions have disclosed material events such as the equity purchase agreement with ARC Group International Ltd., under which ARC has committed to purchase up to a specified amount of Ruanyun e2 80 99s ordinary shares over a 36-month period at the company e2 80 99s discretion, and the furnishing of press releases related to product launches, financial results, and partnerships.
Ruanyun e2 80 99s filings contain detailed information on revenue composition from its SmartExam ae and SmartHomework ae solutions, including platform development, testing services, software customization and content development, licensing, personalized exercise books and MOTK Pro, and digitalization services. They also present data on cost of revenues, gross profit, operating expenses, net loss, assets, liabilities, and equity, as well as commentary on the company e2 80 99s strategic shift toward higher-margin software and AI-based services such as AI-OCR.
Stock Titan enhances access to these documents with AI-powered summaries that explain the key points of lengthy filings, helping users quickly understand what changes in revenue mix, cost structure, or capital arrangements may mean. Real-time updates from EDGAR ensure that new 20-F, 6-K, and related exhibits become available as soon as Ruanyun files them. Users can also review disclosures about share issuances under the equity purchase facility and other capital markets activities.
By using this page, investors and researchers can examine Ruanyun e2 80 99s regulatory history, including its financial results, material agreements, and risk disclosures, with AI tools that highlight important sections and reduce the time needed to interpret complex SEC filings.
Ruanyun Edai Technology Inc. (RYET) received a Nasdaq notice stating that its ordinary shares’ closing bid price was below $1.00 per share for 30 consecutive business days, from August 25 through October 6, 2026, so the company did not meet the minimum bid price requirement for continued listing. RYET has 180 calendar days, until April 5, 2027, to regain compliance by maintaining a closing bid price of at least $1.00 per share for a minimum of ten consecutive business days, subject to Nasdaq’s discretion to require a longer period and its written confirmation. The notice has no immediate effect on the listing or trading of RYET’s ordinary shares.
Ruanyun Edai Technology Inc. (RYET) expects preliminary, unaudited revenue of approximately US$9.3 million to US$9.5 million for the six months ended September 30, 2026, its first half of fiscal 2027, compared with approximately US$0.37 million in the first half of fiscal 2026. The company also expects first-half revenue to exceed its reported full-year revenue of US$7.48 million for fiscal 2026 and US$6.69 million for fiscal 2025.
Campus services are expected to contribute approximately US$5.0 million to US$5.2 million, or approximately 53% to 56% of revenue; revenue excluding campus services is expected to be approximately US$4.2 million to US$4.4 million. Formind’s international initiatives are at an early stage and are not expected to represent a material part of first-half revenue. The figures are preliminary and unaudited, subject to completion of closing procedures and review by the company’s independent registered public accounting firm; final results may differ materially.
Ruanyun Edai Technology Inc. (RYET) announced a memorandum of understanding with Changan Anyi and Intersect Holding to develop a proposed automotive and new energy vehicle institute in Saudi Arabia. The concept combines degree and vocational programs with hands-on training in vehicle maintenance, battery systems, diagnostics and after-sales services, potentially in cooperation with Umm Al-Qura University and its colleges. Changan Anyi would contribute automotive curriculum, standards and instructor training, while Intersect would focus on Saudi institutional engagement, facilities and approvals and RYET would organize Chinese teaching resources and commercial arrangements. The MOU outlines an initial 12‑month development framework, and establishment of the institute, university participation, funding and commercial terms remain subject to definitive agreements and approvals with no assurance of completion or revenue.
Ruanyun Edai Technology Inc. (RYET) reports that its consolidated variable interest entity, Jiangxi Ruanyun Technology Co., Ltd., entered into an AIGC Technical Talent Training Model Laboratory Procurement Project Contract with Jiangxi Zhongtong Information Industry Data Services Co., Ltd. for the delivery and deployment of the YeeZo platform across ten AIGC vocational training laboratories.
The integrated project, valued at RMB5,992,185.94 (approximately US$0.88 million and inclusive of VAT), covers 610 workstations, installation, configuration, supporting systems and a YeeZo platform service component to create an AIGC training and production environment. Any revenue from the contract will be recognized in accordance with applicable accounting standards and is not yet reflected in Ruanyun’s financial results.
The company highlights this contract as a significant commercial milestone for YeeZo since its May 2026 introduction and intends to use the deployment as a model for future institutional rollouts, including a longer-term ambition to extend YeeZo to up to 200 universities and to increase the contribution of markets outside China to more than 50% of annual revenue by the end of 2027, described as a strategic target rather than financial guidance.
Ruanyun Edai Technology Inc. (NASDAQ: RYET) signed a three-party memorandum of understanding (MOU) with Nanchang Institute of Science and Technology (NIST) and Intersect Holding to build a Saudi-China platform connecting vocational education, university research, technology development, investment and commercialization. RYET is expected to coordinate technology and project implementation, NIST to provide disciplines, faculty, students and research capacity, and Intersect to connect the parties with Umm Al-Qura University and other Saudi institutions and support funding and project delivery. The MOU, with a three-year term, supports RYET’s planned Formind strategy and its strategic objective to increase revenue from markets outside China to more than 50% of annual revenue by the end of 2027, though this is described as a strategic target rather than financial guidance and depends on future project agreements.
Ruanyun Edai Technology Inc. (RYET) announced a long-term development ambition for YeeZo, its university-focused artificial intelligence-generated content (AIGC) education platform. Management aims to build a scalable university network that equips students with practical AIGC production skills and strengthens university-to-industry pathways.
The strategy contemplates expanding YeeZo to up to 200 universities through phased deployment, with the pace depending on contracting, learner participation, delivery capacity, financing, regulatory compliance and market demand. A 36‑month internal planning scenario models cumulative revenue potential of up to approximately US$405 million, but is described as aspirational management planning only and explicitly not financial guidance, contracted revenue or backlog.
Through its consolidated variable interest entity in China, Jiangxi Ruanyun Technology Co., Ltd., the company has entered an initial technical-services agreement to support the first university deployment, covering multimodal AI creation services for approximately 350 users. Ruanyun plans to use this deployment to refine a repeatable campus launch model and intends to continue reporting on YeeZo’s progress. The company also states that, subject to shareholder approval and other processes, it plans to transition toward the Formind Group identity as part of a broader strategy.
Ruanyun Edai Technology Inc. reported that it has signed a memorandum of agreement for a strategic collaboration with Intersect Holding, a Saudi commercialization and venture-building platform. The agreement was signed at LEAP East 2026 in Hong Kong on July 10, 2026.
The collaboration connects Ruanyun’s AI-driven education products, China-based technology and academic relationships with Intersect’s Saudi market intelligence, institutional connectivity and venture execution. Ruanyun already operates a Saudi regional headquarters through Soft Cloud Smart Technology Company and has cooperation with Wadi Makkah Technology Company and the HanLink Chinese Learning Platform.
Ruanyun and Intersect plan to evaluate individual opportunities in Saudi Arabia in areas such as digital learning, AI-enabled education, localized software and workforce capability. Each project will proceed, if at all, on its own commercial terms and remains subject to diligence, approvals and definitive agreements, and the memorandum of agreement does not obligate either party to complete any transaction.
Ruanyun Edai Technology Inc. launched the YeeZo University AI Content Training Program, aiming to connect university students with the workflows and production disciplines emerging around AI-generated content (AIGC). The program focuses on story-based projects, defined roles, deadlines, rights management, review and delivery, rather than simple software demonstrations.
YeeZo extends the company’s AI workflow and orchestration platform into applied university learning, supervised production and portfolio building, with micro-short drama highlighted as a fast-growing use case. Ruanyun cites large-scale education and digital media trends in China, using third-party data as contextual background. Specific university collaborations and operating milestones will be announced as they are finalized. The initiative forms part of a broader education-to-industry strategy, alongside plans, subject to shareholder approval and corporate processes, to transition toward the Formind Group identity.
Ruanyun Edai Technology Inc. reported fiscal 2026 revenue of $7.48 million, an 11.9% year-over-year increase driven by campus operations and student-life services, which contributed $5.72 million and became the largest revenue source. The shift toward these services reduced consolidated gross profit to $1.88 million.
Operating expenses rose sharply, with selling and marketing at $3.89 million and general and administrative at $4.53 million, including $0.45 million of share-based compensation, resulting in a net loss of $7.91 million and basic and diluted loss per share of $0.23. Net cash used in operating activities was $9.15 million, mainly from a $6.61 million increase in prepayments and other current assets. Despite the loss, the balance sheet strengthened: total equity turned positive to $5.28 million, working capital reached $3.28 million, cash was $4.08 million, total assets were $14.39 million, and short-term bank loans totaled $4.28 million.
Ruanyun Edai Technology Inc. reports results for the year ended March 31, 2026 as a Cayman holding company whose China operations run through a variable interest entity, Jiangxi Ruanyun, via Contractual Arrangements. As of March 31, 2026, 35,550,004 ordinary shares were issued and outstanding.
The company incurred a net loss of $7.91 million on revenue of $7.48 million, reflecting a shift in mix toward lower-margin Campus & Education Services, including Smart Campus Services. Management is also building International Education & Testing and AI Applications & Enterprise Solutions (such as Cogni AI and YeeZo), which may require significant customization, integration and support.
Ruanyun highlights extensive risks tied to its VIE structure, including potential unenforceability of PRC-governed contracts, PRC Foreign Investment Law, tax, SAFE and foreign exchange rules, indirect transfer and residency-based tax exposure, and U.S. oversight under the Holding Foreign Companies Accountable Act. It is expanding internationally through new subsidiaries in Saudi Arabia and Malaysia, but warns that these initiatives, related-party channel structures and student recruitment activities may not generate material revenue and could create operational, regulatory and conflict-of-interest risks.