Articles from Ruanyun Edai Technology Inc.

NANCHANG, China, Oct. 09, 2026 (GLOBE NEWSWIRE) -- Ruanyun Edai Technology Inc. (NASDAQ: RYET) (the "Company") today announced that it received a written notice dated October 7, 2026 from Nasdaq stating that the closing bid price of its ordinary shares was below $1.00 per share for 30 consecutive business days, from August 25 through October 6, 2026. Accordingly, the Company does not meet the minimum bid price requirement for continued listing on the Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2).

License of up to 20 years and reciprocal share exchange would entitle RYET to a 10% royalty on qualifying technology receipts and 560,000 BGLC shares as Malaysia accelerates public healthcare digitalization

Expected first-half revenue above full-year revenue for each of the past two fiscal years; Formind advances international partnerships across the United States, Malaysia and Saudi Arabia

Formind brings AI applications, education and industry skills together through an international strategy for technology commercialization and local delivery

Engineers working closely with the customer support the Ningxia implementation as Ruanyun develops transport-specific AI capabilities for potential international distribution through Formind

Learning Time International Schools agreement builds on Saudi pilots, combining AI‑assisted Chinese learning with individual practice beyond the classroom

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

Ten-laboratory project combines YeeZo with 610 workstations and implementation support, moving the platform from launch into institution-scale commercial delivery

MOU adds the vocational and research capabilities of the Nanchang Institute of Science and Technology ("NIST") to a Saudi-China platform strategy linking RYET, Intersect and Wadi Makkah, with contemplated connections to Umm Al-Qura University and other Saudi institutions, supporting RYET's planned Formind strategy and international growth

Management outlines a phased AIGC expansion strategy designed to connect university learning with industry skills, creative production and economic opportunity

Collaboration builds on RYET's Saudi platform to accelerate AI education, technology localization and venture development across the Kingdom

University-to-industry initiative launches as China reports nearly 49 million higher-education learners, 602 million generative-AI users and a RMB 1.29 trillion online-audiovisual market

Campus operations and student-life services contributed $5.72 million and became the Company's largest revenue source

Agreement advances previously announced City University Malaysia cooperation and marks first operating step through the Company’s Malaysia-based global headquarters platform

Smart Campus Services generated approximately US$3.83 million in unaudited operating revenue during April and May 2026, underscoring accelerating momentum in the Company’s campus infrastructure platform strategy

K-12 smart reading resources and educational content services support the Company's broader AI-enabled education technology ecosystem

Cogni AI product line supported by approximately US$1.73 million in historical and contracted commercial activity across archive digitization, AI archive automation, software licensing and deployment arrangements

YeeZo is being developed as an AI workflow and orchestration platform designed to convert scripts and content outlines into structured storyboards, scene plans and production-ready prompts, helping reduce avoidable rework and unnecessary model usage across multiple generative AI models