Ruanyun Edai Technology Inc. signed a memorandum of understanding with Changan Anyi and Intersect Holding to develop an automotive and new energy vehicle institute in Saudi Arabia. The proposed initiative combines degree and vocational education with practical training, leveraging Changan Anyi's technical expertise and Intersect's local market knowledge. The project contemplates cooperation with Umm Al-Qura University for four-year undergraduate and two-year diploma programs. This effort supports the company's Formind strategy to expand international education services. The MOU outlines a 12-month development framework, though final establishment remains subject to definitive agreements and regulatory approvals. Ruanyun Edai Technology Inc. is an AI-driven education technology company focused on intelligent content recognition, automated assessment, and next-generation learning systems.

Ruanyun Edai Technology Inc.'s consolidated VIE entered into a procurement contract with Jiangxi Zhongtong Information Industry Data Services Co., Ltd. for the delivery and deployment of the YeeZo AIGC platform across ten vocational training laboratories. The agreement, dated August 28, 2026, has a stated value of RMB5,992,185.94 (approximately $0.88 million) and includes 610 workstations and implementation support. This contract marks a transition for the YeeZo platform from its May 2026 launch into institutional-scale commercial delivery, serving as a testbed for a repeatable campus deployment model aimed at expanding to up to 200 universities. The company operates in the AI-driven education technology sector.

Ruanyun Edai Technology Inc. announced its long-term strategy for YeeZo, an AIGC education platform targeting university students. The company aims to expand the program to up to 200 universities over a 36-month period, contingent on contracting and activation. An initial technical-services agreement has been secured for approximately 350 users at one campus to validate the model. Management's illustrative planning case suggests cumulative revenue potential of up to US$405 million if fully implemented, though this is not financial guidance or a commitment. The company also plans to transition toward the Formind Group identity as part of its broader AI education strategy. Ruanyun Edai Technology Inc. operates in the artificial intelligence-driven education technology sector, providing intelligent content recognition and automated assessment solutions.

Ruanyun Edai Technology Inc. reported fiscal 2026 results ending March 31, 2026, showing an 11.9% revenue increase to $7.48 million, driven by campus operations and student-life services which contributed $5.72 million (76.4% of total revenue). The company returned to positive equity with $5.28 million in total equity and $3.28 million in working capital, alongside $4.08 million in cash. However, net loss widened significantly to $7.91 million from $0.52 million in fiscal 2025 due to lower gross margins and increased operating expenses, including higher selling, general, and administrative costs following its IPO. The company also raised approximately $1.73 million in a private placement after year-end and plans to transition its name to Formind Group. Ruanyun Edai Technology Inc. operates as an AI-driven education and technology company focused on intelligent content recognition and educational support services.