Ruanyun Edai signs Saudi EV training institute MOU

RYET outlines an early-stage MOU to explore a Saudi automotive and NEV education institute, with outcomes contingent on future agreements and approvals.

Rhea-AI Filing Summary

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.

Key Figures

Changan Automobile vehicle sales: 2,913,000 vehicles Changan Automobile NEV sales: 1,110,000 vehicles Changan Automobile overseas sales: 637,000 vehicles +5 more

8 metrics

Changan Automobile vehicle sales 2,913,000 vehicles Total vehicles sold by Changan Automobile in 2025

Changan Automobile NEV sales 1,110,000 vehicles New energy vehicles sold by Changan Automobile in 2025

Changan Automobile overseas sales 637,000 vehicles Overseas vehicle sales reported by Changan Automobile in 2025

Changan R&D team size 18,000 people R&D team reported at Changan’s April 2025 overseas partner conference

Changan software and AI specialists 5,000 people Software and AI specialists within Changan’s R&D team

Saudi registered vehicles 15,800,000 vehicles Vehicles in use in Saudi Arabia at end of 2024, up 6.9% from 2023

Planned Saudi fast chargers 5,000 fast chargers EVIQ plan across more than 1,000 locations in Saudi Arabia by 2030

Development framework duration 12 months Initial development framework period set out in the MOU

Key Terms

memorandum of understanding, new energy vehicle, vocational education, industry and education cooperation, +1 more

5 terms

memorandum of understanding regulatory

"announced that it entered into a memorandum of understanding with Chongqing"

A memorandum of understanding (MOU) is a formal agreement between two or more parties that outlines their shared intentions and plans to work together. It acts like a handshake in writing, clarifying each side’s roles and expectations before any official contract is signed. For investors, an MOU signals that parties are serious about collaboration, which can influence future business opportunities and potential growth.

new energy vehicle technical

"develop an automotive and new energy vehicle (“NEV”) institute in Saudi Arabia"

A new energy vehicle is a car or light vehicle powered wholly or partly by non‑traditional fuels or electric power — commonly battery electric vehicles, plug‑in hybrids, or hydrogen fuel‑cell vehicles — intended to reduce reliance on gasoline or diesel. For investors, NEVs represent a major shift in consumer demand, government policy and supply chains; think of it as a market‑wide engine upgrade that reshuffles winners and losers as battery costs, charging networks and regulations change.

vocational education financial

"combine degree and vocational education with practical automotive training"

Vocational education trains people in practical skills for specific trades or jobs—such as electricians, chefs, healthcare technicians, or software developers—through hands‑on courses, apprenticeships, or short certificate programs rather than broad academic degrees. For investors, it matters because strong vocational systems act like steady supply chains for skilled workers: they can reduce hiring costs, shorten time to productivity, and support growth in industries that rely on specialized labor, affecting company performance and labor-market risk.

industry and education cooperation financial

"after-sales knowledge transfer, industry and education cooperation, and teaching equipment"

Formind strategy financial

"forms part of RYET’s planned Formind strategy to expand international education"

FAQ

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

What did RYET (NASDAQ: RYET) announce in this Form 6-K?

RYET announced it entered into a memorandum of understanding with Changan Anyi and Intersect Holding to explore developing an automotive and new energy vehicle institute in Saudi Arabia, combining degree and vocational education with practical training in NEV-related automotive fields.

Who are RYET’s partners for the proposed Saudi NEV institute?

The partners are Changan Anyi, authorized by Chongqing Changan Automobile for overseas technical and education cooperation, and Intersect Holding, a Saudi business group focused on commercialization and local execution, which will handle institutional engagement, facilities and coordination of approvals.

How does the proposed Saudi institute fit RYET’s Formind strategy?

The proposed institute is part of RYET’s planned Formind strategy to expand international and institutional education services. It would build on RYET’s Saudi regional headquarters and Formind Global Holdings in Malaysia to deliver AI-enabled and industry-linked education programs.

What is the planned academic scope of the RYET Saudi NEV institute?

The project contemplates four-year undergraduate and two-year applied diploma programs in automotive and NEV fields, plus practical training in maintenance, power-battery testing, diagnostics and after-sales services, potentially in cooperation with Umm Al-Qura University and its Applied College.

What market opportunity in Saudi Arabia does RYET highlight?

RYET cites that Saudi Arabia had 15.8 million registered vehicles at the end of 2024, up 6.9% year over year, and that EVIQ plans over 5,000 fast chargers across more than 1,000 locations by 2030, supporting potential demand for NEV-trained technicians.

What are the key uncertainties and risks around RYET’s proposed Saudi NEV institute?

The MOU sets only an initial 12‑month development framework. Establishment, university participation, degree-awarding, funding and commercial terms remain subject to definitive agreements and approvals, and there is no assurance the institute will be established or generate contracts or revenue.

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

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Available on EDGAR 09/10/2026 - 09:35 AM Accepted by SEC EDGAR 09/10/2026 - 09:35 AM Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of September, 2026

Commission File Number 001-42576

Ruanyun Edai Technology Inc.

(Translation of registrant’s name into English)

No. 698 Jing Dong Avenue, ZheJiang University HighTech Campus

Nanchang, Jiangxi, China 330096

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☒ Form 40-F ☐

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

Press Release.

On September 10, 2026, the Company issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Financial Statement and Exhibits.

(d) Exhibits.

Exhibit No.		Description
99.1		Press Release, dated September 10, 2026
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: September 10, 2026	Ruanyun Edai Technology Inc.
	By:	/s/ Yan Fu
	Name:	Yan Fu
	Title:	Director and Chief Executive Officer

EXHIBIT 99.1

RYET Signs MOU with Changan Anyi and Intersect for Saudi NEV Institute

Proposed Saudi institute advances RYET’s international education strategy with Changan Anyi and Intersect

KUALA LUMPUR, Malaysia, Sept. 10, 2026 (GLOBE NEWSWIRE) -- Ruanyun Edai Technology Inc. (NASDAQ: RYET) (“RYET” or the “Company”) announced that it entered into a memorandum of understanding with Chongqing Anyi Automobile Technical Service Co., Ltd. (“Changan Anyi”) and Intersect Holding (“Intersect”) to develop an automotive and new energy vehicle (“NEV”) institute in Saudi Arabia. The proposed institute is intended to combine degree and vocational education with practical automotive training, extending RYET’s Saudi education activities into a major area of industrial development.

RYET has established a Saudi regional headquarters through Soft Cloud Smart Technology Company, announced cooperation with Wadi Makkah Technology Company and begun developing a commercialization pathway for its HanLink Chinese Learning Platform. Its collaboration with Intersect, announced in August, supports the introduction of Chinese education and technology capabilities to the Kingdom. The proposed institute would build on those local relationships to develop specialist automotive programs for Saudi students.

Bringing Changan’s automotive expertise into education

Changan Anyi is authorized by Chongqing Changan Automobile Co., Ltd. to carry out overseas work in automotive after-sales knowledge transfer, industry and education cooperation, and teaching equipment, as described in the MOU. Changan Automobile is a major Chinese automaker: it reported sales of 2.913 million vehicles in 2025, including more than 1.11 million NEVs, and overseas sales of 637,000 vehicles.

Changan’s international brand portfolio includes CHANGAN, DEEPAL and AVATR. At its April 2025 overseas partner conference, the automaker reported an 18,000-person research and development team, including 5,000 software and AI specialists. That combination of vehicle manufacturing and software engineering is particularly relevant as automotive training expands from mechanical servicing into battery systems, electronic diagnostics and intelligent vehicle technologies.

For the proposed institute, Changan Anyi would contribute curriculum and technical standards, laboratory planning and instructor training, with continuing course updates. The Company believes these industry-based resources can help students develop skills that keep pace with changes in the vehicles they may service.

“Our ambition is to lead the international development and delivery of specialized vocational education. We see new energy vehicles as an increasingly important field for applying AI. Automotive education needs current technical content, practical facilities and qualified instructors working together. With Changan Anyi and Intersect, we aim to bring China’s automotive industry resources to Saudi institutions and develop degree and vocational pathways that prepare talent for the Kingdom’s growing NEV sector,” said Maggie Fu, Chief Executive Officer of Ruanyun Edai Technology Inc.

Developing degree and vocational programs in Saudi Arabia

The project contemplates cooperation with Umm Al-Qura University and its affiliated colleges, including the Applied College. The proposed scope combines four-year undergraduate programs with two-year applied diploma programs in automotive and NEV fields, alongside practical training in vehicle maintenance, power-battery testing, diagnostics and after-sales services.

Intersect is a Saudi business group and commercialization platform led by co-founder and Chief Executive Officer Ali Alsaileek. It brings local market knowledge, institutional relationships and venture-development experience to the collaboration. Wadi Makkah Technology Company, the investment company wholly owned by Umm Al-Qura University, is an investor in Intersect. For the academy, Intersect’s role centers on Saudi institutional engagement, facilities and admissions discussions, and coordination of local approvals and implementation.

RYET intends to organize the Chinese teaching resources, instructors and commercial arrangements needed to develop and deliver the programs, including curriculum and laboratory implementation. The Company believes this work could expand its institutional education business through program development and continuing delivery services. Fees and other commercial terms would be negotiated for individual projects.

The proposed institute forms part of RYET’s planned Formind strategy to expand international education and institutional services. RYET has established Formind Global Holdings Sdn. Bhd. in Malaysia as part of its international operating platform, alongside its Saudi regional headquarters. The Company believes this developing presence can support education partnerships that combine industry expertise with local delivery. The proposed Saudi institute would extend that strategy into automotive and NEV education.

Saudi automotive and NEV opportunity

Saudi Arabia had more than 15.8 million registered vehicles in use at the end of 2024, an increase of 6.9% from 2023. (Source: GASTAT, Road Transport Statistics 2024)

EVIQ’s announced plan calls for more than 5,000 fast chargers across more than 1,000 locations in Saudi Arabia by 2030. (Source: PIF, EVIQ launch announcement, 8 October 2023)

The Company believes Saudi Arabia’s large vehicle fleet and planned EV infrastructure expansion may contribute to demand for technicians trained in maintenance, battery systems, electrical safety and diagnostics. The proposed institute would prepare students for these roles through academic study and hands-on training.

The MOU sets out an initial 12-month development framework. The proposed institute’s establishment, university participation, degree-awarding arrangements, funding and commercial terms remain subject to definitive agreements and applicable approvals. There can be no assurance that the proposed institute will be established, that a university will participate, or that the collaboration will produce contracts or revenue. Third-party infrastructure plans may change. Umm Al-Qura University and its colleges are not signatories to the MOU.

About Changan Anyi

Chongqing Anyi Automobile Technical Service Co., Ltd. (Changan Anyi) undertakes automotive technical services and industry-education cooperation. Under the MOU, it is the Chinese automotive technical partner responsible for the proposed institute’s academic and technical design, training standards, laboratory planning and instructor development.

About Intersect Holding

Intersect Holding is a Saudi business group and commercialization platform focused on innovation, entrepreneurship and market access. It supports companies and ventures seeking to enter and scale in Saudi Arabia through consulting, venture development and local execution.

About Ruanyun Edai Technology Inc.

Ruanyun Edai Technology Inc. is an AI-driven education technology company focused on intelligent content recognition, automated assessment, and next-generation learning systems. The Company has historically developed and provided AI-enabled teaching, learning and assessment solutions, including smart homework, smart examination and digital education services. Subject to shareholder approval and applicable corporate and regulatory processes, the Company plans to transition toward the Formind Group identity as part of its broader strategy to expand its AI education, language learning, institutional education support and global technology initiatives.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and applicable securities laws. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements may be identified by words such as “may,” “might,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “goal,” “objective,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue” and similar expressions.

These statements include, among others, statements regarding the proposed institute and degree and vocational programs; university participation and degree-awarding arrangements; the MOU; the parties’ intended contributions; anticipated benefits of industry resources and AI applications; workforce demand and market opportunity; potential education-service revenue; definitive project agreements; and RYET’s international expansion, the anticipated benefits of its Malaysian and Saudi operating presence, and its planned Formind transition.

Forward-looking statements are based on current expectations, estimates, assumptions and projections and involve known and unknown risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include institutional, licensing and regulatory approvals; publicity and intellectual-property permissions; funding; agreement on commercial terms; partner performance; availability of instructors and equipment; student and employer demand; and execution of international programs. There can be no assurance that the proposed institute will be established, that a university will participate, or that the collaboration will produce contracts or revenue. Third-party infrastructure plans may change. Forward-looking statements speak only as of the date of this press release. Additional risks are described in the Company’s reports filed with or furnished to the U.S. Securities and Exchange Commission, including its most recent Annual Report on Form 20-F. Readers should not place undue reliance on these statements. The Company undertakes no obligation to update any forward-looking statement except as required by law.

Investor Relations and Corporate Communications

FSR Capital, a FSR Group Company
Email: ir@fsr.group

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EXHIBIT 99.1 16.6 KB