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RY
Ruanyun Edai Technology Inc. Ordinary shares
RYET
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RY
RYET
RY
Ruanyun Edai Technology Inc. Ordinary shares
RYET
News
·
RYET to Enter Malaysian Healthcare Through Exclusive Cogni AI License to BioNexus Gene Lab
Mkt Cap
$29.4M
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11.58K
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RYET to Enter Malaysian Healthcare Through Exclusive Cogni AI License to BioNexus Gene Lab
Ruanyun Edai Technology Inc. (NASDAQ: RYET) has signed a definitive agreement to grant BioNexus Gene Lab Corp. (NASDAQ: BGLC) an exclusive 10-20 year license for its Cogni AI document-intelligence platform in Malaysian healthcare. RYET will receive 560,000 BGLC shares and a 10% royalty on qualifying technology receipts. The deal aligns with Malaysia's RM1 billion healthcare digitalization initiative, though neither company has secured government contracts yet.
GlobeNewswire Inc. · Oct 5, 2026
Ruanyun Edai Technology Establishes Saudi Regional Headquarters, Accelerating Global Expansion, AI Education Deployment and Transition
Ruanyun Edai Technology Inc. (NASDAQ: RYET) announced the establishment of its Regional Headquarters in Saudi Arabia as part of its global expansion strategy and planned transition to Formind Group. The company expects approximately 10% revenue growth year-over-year for FY2026 (from $6.6M in FY2025) with significant revenue weighted toward the second half of the year. The Saudi RHQ will serve as a hub for AI-powered education solutions, Chinese language learning programs, and Smart Exam deployment across the MENA region.
GlobeNewswire Inc. · Apr 2, 2026
Ruanyun Edai Technology Announces Financial Results for Fiscal Year 2025
Chinese AI education technology company Ruanyun Edai reported a 27% revenue decrease to $6.7 million in FY2025, but improved gross margins and narrowed net losses through strategic shifts towards higher-margin software services and AI technologies.
GlobeNewswire Inc. · Jul 31, 2025
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RYET
Ruanyun Edai Technology Inc. Ordinary shares
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