[6-K] Ruanyun Edai Technology Inc. Current Report (Foreign Issuer)
Rhea-AI Filing Summary
Ruanyun Edai Technology Inc. filed a Form 6-K highlighting two strategic international initiatives. First, its Saudi Regional Headquarters subsidiary signed a non-binding MOU with Wadi Makkah Technology Company, a firm wholly owned by Umm Al-Qura University, to explore cooperation in AI-enabled education, language testing, training, research and potential joint projects in Saudi Arabia. The framework is preliminary, creates no binding revenue commitments and any projects would require further definitive agreements and approvals.
Second, the company incorporated Formind Global Holdings Sdn. Bhd. in Malaysia, intended as part of the operating platform for a planned Malaysia-based Global Headquarters and the broader Formind Group strategy. Ruanyun views Malaysia as a strategic base to coordinate institutional education support, AI-enabled learning systems, language and student services and other cross-border initiatives across Southeast Asia, MENA, the United States and additional markets. The company reiterates a strategic target of deriving about 60% of total revenue from global markets by the end of 2027, while emphasizing that these steps are early organizational moves and do not guarantee future projects, revenue or achievement of that target.
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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 May, 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 May 4, 2026 and May 6, 2026, the Company issued press releases, copies of which are attached hereto as Exhibit 99.1 and Exhibit 99.2, respectively, and are incorporated herein by reference.
Financial Statement and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |
| 99.1 | Press Release, dated May 4, 2026 | |
| 99.2 | Press Release, dated May 6, 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: May 7, 2026 | Ruanyun Edai Technology Inc. | |
| By: | /s/ Yan Fu | |
| Name: | Yan Fu | |
| Title: | Director and Chief Executive Officer | |
EXHIBIT 99.1
Source: Ruanyun Edai Technology Inc.
May 04, 2026 08:00 ET
Ruanyun Edai Technology’s Saudi RHQ Signs MOU with Wadi Makkah, A Subsidiary of Umm Al-Qura University
Framework with Umm Al-Qura University-owned technology and investment company to explore AI education, language testing and Saudi market initiatives
Nanchang, China, May 04, 2026 (GLOBE NEWSWIRE) -- Ruanyun Edai Technology Inc. (NASDAQ: RYET) (the “Company”), an AI-driven education technology company focused on intelligent content recognition, automated assessment and next-generation learning systems, today announced that Soft Cloud Smart Technology Company, the Company’s subsidiary overseeing its Saudi Regional Headquarters, has signed a Memorandum of Understanding (“MOU”) with Wadi Makkah Technology Company (“Wadi Makkah”), a Saudi technology and investment company wholly owned by Umm Al-Qura University.
The MOU establishes a preliminary framework to explore potential cooperation in the Kingdom of Saudi Arabia. Potential areas of collaboration include AI solutions for education, language testing initiatives, joint research, technical and commercial exchanges, AI-focused training programs, potential joint investments, participation in industry events, and initiatives supporting the Company’s integration into the Saudi education and innovation ecosystem.
The MOU also contemplates the parties exploring cooperation in Arabic language testing initiatives and opportunities relating to a potential artificial intelligence academy in Saudi Arabia. Given Wadi Makkah’s position as a technology and investment company wholly owned by Umm Al-Qura University, the Company believes the framework may provide a relevant platform for evaluating such initiatives within the Kingdom’s university-linked education and innovation ecosystem, subject to further discussions, required approvals and definitive agreements.
Wadi Makkah is part of the Umm Al-Qura University ecosystem and is focused on supporting the knowledge economy through cooperation among educational and research institutions, entrepreneurs, technology companies and the business and investment community. The Company believes this relationship may support its evaluation of practical cooperation opportunities in AI-supported education, language readiness, assessment, training, research commercialization and localized educational services in Saudi Arabia.
“The signing of this MOU with Wadi Makkah marks an important step in the development of our Saudi Regional Headquarters,” said Maggie Fu, Chief Executive Officer of Ruanyun Edai Technology Inc. “We view Saudi Arabia as a key market in our global strategy, where local partnerships, implementation capabilities, and alignment with regulatory frameworks are essential to building a sustainable edtech platform. Wadi Makkah’s position as a technology and investment company wholly owned by Umm Al-Qura University provides strong relevance within Saudi Arabia’s education and innovation ecosystem, and through this MOU, we intend to explore potential collaboration in AI-enabled education, language testing, training, research, and localized services to support institutions and learners across the Kingdom”
The Company believes such cooperation frameworks may support its broader objective of evolving from standalone education software into a more institution-facing model for educational support services. Under this model, the Company aims to provide technology, implementation support, localized learning tools, language readiness solutions, assessment capabilities and cross-border educational support services for institutions, students and education partners in international markets. As previously disclosed, the Company targets deriving approximately 60% of its total revenue from global markets by the end of 2027, and believes its Saudi Regional Headquarters, together with institutional cooperation frameworks in Saudi Arabia and other international markets, may support the development of a more diversified global platform. There can be no assurance that this target will be achieved within the anticipated timeframe, or at all.
The Company noted that the MOU is a preliminary framework for cooperation only. Any specific projects commercial terms, financial arrangements, operational responsibilities, data protection, intellectual property, and regulatory matters, as well as other binding rights and obligations, if any, will be subject to further discussion and definitive agreements. The MOU does not create any binding revenue commitment or guarantee the completion of any project, investment or commercial initiatives. The Company also believes the MOU aligns with its planned transition to the Formind Group identity, subject to shareholder approval and applicable corporate and regulatory processes.
About Ruanyun Edai Technology Inc.
Ruanyun Edai Technology Inc. (NASDAQ: RYET) is an AI-driven technology company focused on intelligent content recognition, automated assessment and next-generation learning systems. The Company is committed to delivering scalable, efficient and intelligent technology solutions globally. Subject to shareholder approval and completion of applicable processes, the Company plans to transition to the Formind Group name as part of its broader global strategy. For more information, please visit: ruanyun.net.
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.
Forward-looking statements include, without limitation, statements regarding the Company’s Saudi Regional Headquarters, the MOU with Wadi Makkah Technology Company, the Company’s international expansion strategy, the anticipated role of Saudi Arabia as a regional hub, the Company’s planned transition toward the Formind Group identity, the Company’s strategic target relating to future global revenue mix, the potential significance of the MOU, possible future cooperation in AI education, language testing, research, training, investment, market-entry and innovation initiatives, the Company’s ability to develop institutional education support services, and the possibility of entering into future definitive agreements or implementing projects in Saudi Arabia or other international markets.
These forward-looking statements are based on current expectations, estimates, forecasts and assumptions, and involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, among others, risks relating to the parties’ ability to identify viable projects, negotiate and enter into definitive agreements, obtain any required governmental, institutional, regulatory or third-party approvals, comply with applicable Saudi, Chinese, U.S. and other regulatory requirements, implement contemplated initiatives on acceptable terms or at all, protect intellectual property and data rights, comply with data protection and cybersecurity requirements, localize and commercialize products and services in Saudi Arabia and other international markets, establish and scale operations in new jurisdictions, maintain customer and partner relationships, satisfy revenue recognition criteria, secure sufficient financing, manage liquidity, costs, competition, regulatory developments, macroeconomic conditions and geopolitical factors, and complete the Company’s planned transition to the Formind Group name.
The MOU is preliminary in nature and does not guarantee that any definitive agreement, commercial project, revenue, investment, academy, language testing program, deployment or other initiative will result. There can be no assurance that the Company will achieve its stated strategic targets within the anticipated timeframe, or at all. Additional risks are described in the Company’s filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to update any forward-looking statements, except as required by law.
For Investor Inquiries and Media Contact:
WFS Investor Relations Inc.
Email: services@wfsir.com
Phone: +1 628 283 9214
EXHIBIT 99.2
Source: Ruanyun Edai Technology Inc.
May 06, 2026 11:00 ET
Ruanyun Edai Technology Incorporates Formind Global Holdings in Malaysia to Advance Planned Global Headquarters and Formind Group Strategy
New Malaysian subsidiary is intended to serve as part of the operating platform for the Company’s global expansion, institutional education initiatives and planned transition toward the Formind Group identity
Kuala Lumpur, Malaysia, May 06, 2026 (GLOBE NEWSWIRE) -- Ruanyun Edai Technology Inc. (NASDAQ: RYET) (the “Company” or “Ruanyun”), an AI-driven education technology company focused on intelligent content recognition, automated assessment and next-generation learning systems, today announced the incorporation of Formind Global Holdings Sdn. Bhd. (“Formind Global”) in Malaysia.
The Company intends for Formind Global to serve as part of the operating platform for its planned Malaysia-based Global Headquarters and broader international education initiatives. The incorporation represents an important organizational step in the Company’s planned transition toward the Formind Group identity.
The Company believes the incorporation of Formind Global helps provide a clearer operating structure for its emerging Formind strategy, which is intended to support international education, AI-enabled learning systems, institutional support services, language learning, cross-border student services, technology commercialization and global business development.
“The incorporation of Formind Global in Malaysia gives practical substance to our planned Formind transition,” said Maggie Fu, Chief Executive Officer of Ruanyun Edai Technology Inc. “We believe Kuala Lumpur can serve as a strategically important base for our global expansion. Malaysia provides connectivity to Southeast Asia, China, MENA and other international markets, and we believe it offers a practical environment for building education partnerships, institutional services, technology deployment and cross-border student-support capabilities.”
Formind Global Holdings and the Company’s International Platform
The incorporation of Formind Global follows a series of recent international initiatives announced by the Company, including its planned transition to the Formind Group name, the establishment of its Saudi Regional Headquarters, its strategic financing to support global expansion, its Memorandum of Understanding with City University Malaysia, its pilot project with the Center on Chinese Education at Teachers College, Columbia University, and its Saudi RHQ’s Memorandum of Understanding with Wadi Makkah, a technology and investment company wholly owned by Umm Al-Qura University.
The Company believes these initiatives reflect a developing international operating structure across Southeast Asia, MENA and the United States. Through this structure, the Company intends to evaluate opportunities in institutional education support, language training, AI-enabled assessment, implementation services, cross-border student support, academic program development, and related technology and service offerings.
The Company has previously stated its strategic target of deriving approximately 60% of total revenue from global markets by the end of 2027, supported by international expansion, strategic investments, cross-border growth initiatives and a diversified global operating platform.
Malaysia as a Strategic Base for the Formind Platform
The Company believes Malaysia is well suited to support its planned Global Headquarters platform due to its position within Southeast Asia, multilingual education environment, international student ecosystem, and connectivity with China, MENA and other global markets.
The Company expects Formind Global to support the continued development of its international operating structure, including potential activities relating to regional business development, institutional education partnerships, product localization, implementation support, student services, training, testing and strategic investment initiatives.
As the Company advances its planned transition toward the Formind Group identity, it expects the Malaysian subsidiary to provide a platform through which it may coordinate selected global initiatives across Southeast Asia, MENA, the United States and other international markets.
About Ruanyun Edai Technology Inc.
Ruanyun Edai Technology Inc. (NASDAQ: RYET) is an AI-driven education and technology company focused on intelligent content recognition, automated assessment, next-generation learning systems and technology-enabled educational support services. The Company is committed to delivering scalable, efficient and intelligent technology solutions globally. Subject to shareholder approval and completion of applicable processes, the Company plans to transition to the Formind Group name as part of its broader global strategy. For more information, please visit: www.ruanyun.net.
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 other applicable U.S. federal securities laws. Forward-looking statements include, without limitation, statements regarding the Company’s planned transition to the Formind Group identity; the intended role of Formind Global Holdings Sdn. Bhd.; the Company’s plans to establish and develop a Malaysia-based Global Headquarters platform; the Company’s international expansion strategy; the anticipated role of Malaysia as a coordination and operating base for international education initiatives; the Company’s strategic target relating to future global revenue mix; the Company’s ability to develop institutional education support services; potential future cooperation with universities, education institutions, service providers, government-linked entities, commercial partners and other counterparties; and possible future business development, revenue generation, investment, market-entry, technology deployment, language learning, student support, institutional implementation, training, testing or other initiatives in Malaysia, Saudi Arabia, the United States or other international markets.
These forward-looking statements are based on current expectations, estimates, forecasts and assumptions, and involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, among others, risks relating to the Company’s ability to establish, staff, finance and scale operations in Malaysia and other jurisdictions; identify viable projects; negotiate and enter into definitive agreements; obtain and maintain any required governmental, institutional, regulatory, exchange, shareholder, corporate or third-party approvals; comply with applicable Malaysian, Saudi, Chinese, U.S. and other regulatory requirements; protect intellectual property and data rights; comply with data protection, cybersecurity, student-data, education, foreign ownership, employment, tax and corporate requirements; localize and commercialize products and services in international markets; maintain customer and partner relationships; satisfy revenue recognition criteria; secure sufficient financing; manage liquidity, costs, competition, regulatory developments, macroeconomic conditions and geopolitical factors; and complete the Company’s planned transition to the Formind Group name.
The incorporation of Formind Global Holdings Sdn. Bhd. is an initial corporate and organizational step and does not guarantee that any definitive agreement, commercial project, revenue, investment, headquarters build-out, technology deployment, institutional partnership, academy, language testing program, student-services platform or other initiative will result. There can be no assurance that the Company will achieve its stated strategic targets within the anticipated timeframe, or at all. Additional risks are described in the Company’s filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward- looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to update any forward-looking statements, except as required by law.
For Investor Inquiries
and Media Contact:
WFS Investor Relations Inc.
Email: services@wfsir.com
Phone: +1 628 283 9214
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