Ruanyun Edai Technology Signs MOU with City University Malaysia
Ruanyun Edai Technology announced that it has entered into a memorandum of understanding with City University Malaysia to explore collaborative opportunities in cross-border education and talent development. "This MOU reflects our continued efforts to broaden Ruanyun's international relationships as we advance our planned transition toward Formind Group," said Maggie Fu, CEO of Ruanyun Edai Technology. The MOU establishes a preliminary framework to evaluate joint initiatives including joint degree pathways, language training and test center operations, corporate training, and integrated industry-education talent cultivation. Furthermore, this partnership supports the company's previously stated objective of generating approximately 60% of its total revenue from global markets by the end of 2027.
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- Global Expansion Platform: Ruanyun Edai Technology Inc. has established Formind Global Holdings Sdn. Bhd. in Malaysia, intended to serve as an operational platform for its global expansion and educational initiatives, marking a significant step in the company's transition to the Formind Group identity.
- Strategic Base Selection: Malaysia is viewed as a strategic base connecting Southeast Asia, China, and MENA, expected to support the company's international education partnerships, technology deployment, and cross-border student services, enhancing its competitiveness in global markets.
- Revenue Target Setting: The company aims to derive approximately 60% of total revenue from global markets by the end of 2027, leveraging international expansion and strategic investments to drive business growth, with Formind Global's establishment providing essential support for this goal.
- International Cooperation Opportunities: Through Formind Global, Ruanyun will evaluate international cooperation opportunities in educational support, language training, and technology commercialization, further advancing its global business development and market penetration.
- International Collaboration Framework: Ruanyun Technology has signed a Memorandum of Understanding with City University Malaysia to explore collaborative opportunities in cross-border education and talent development, marking a strategic expansion into international markets.
- Revenue Target: The company aims to derive 60% of its revenue from international markets by 2027, and this partnership is expected to contribute significantly to achieving that goal, enhancing its competitiveness in global educational support services.
- Diversification Strategy: Through collaboration with City University Malaysia, Ruanyun seeks to establish a more diversified educational platform, promoting joint initiatives in language training and corporate training, thereby increasing its influence in the Southeast Asian education market.
- Funding Support: The recently announced $1.73 million strategic financing will support the company's global expansion plans and further development of educational support services, aiding its transition towards internationalization.
- Financing Completion: Ruanyun Edai Technology announced on Wednesday the closure of $1.73M in strategic financing led by AC Sunshine Securities, indicating continued investor support for the company's global strategy and operational progress.
- Unit Price Setting: The financing was completed at a purchase price of $1.00 per unit, with each unit consisting of one ordinary share and 5% additional pre-funded warrants, reflecting market confidence in the company's future development.
- Planned Use of Funds: The company intends to deploy the proceeds to accelerate international growth initiatives, including the expansion of its Saudi Arabia Regional Headquarters and broader MENA operations, as well as the deployment of AI-powered education platforms.
- Strategic Development Direction: Ruanyun Edai Technology will continue to advance strategic partnerships, investments, and selective M&A opportunities aligned with global expansion, while executing its planned transition to the new identity Formind Group.
- Financing Amount and Unit Price: Ruanyun Edai Technology successfully closed a $1.73 million strategic financing at a unit price of $1.00 per share, reflecting continued investor support for the company's global strategy and operational progress.
- Capital Utilization and Global Expansion: The proceeds will accelerate international growth initiatives, including establishing a regional headquarters in Saudi Arabia and expanding operations in the MENA region, while commercializing AI education platforms to enhance competitiveness in global markets.
- Revenue Growth Expectations: The company anticipates revenue growth for fiscal 2026 compared to fiscal 2025, with a significant portion expected in the second half of the year, indicating improved business momentum and operational scale.
- Global Diversification Strategy: The company aims for approximately 60% of its revenue to come from global markets by the end of 2027, supporting its strategic transition to the Formind Group identity, with a focus on long-term growth through international expansion and strategic investments.
- Strategic Hub Establishment: Ruanyun Edai has established its Regional Headquarters in Saudi Arabia, marking a significant milestone in its global expansion strategy, with anticipated revenue growth of 10% for FY2026, increasing from $6.6 million in FY2025 to approximately $7.3 million, reflecting the company's commitment to the MENA market.
- Market Potential Exploration: The company believes that the demand for AI education and digital learning infrastructure in Saudi Arabia is rising, supported by national modernization initiatives and increasing demand for international curricula, providing a strategic platform for expansion and enhancing its competitiveness in the MENA region.
- Revenue Diversification Goals: Ruanyun Edai aims for approximately 60% of its revenue to come from global markets by the end of 2027, indicating its commitment to achieving internationalization through organic growth, strategic investments, and acquisitions, thereby enhancing asset diversity.
- Technological Innovation Advancement: The company plans to launch AI learning platforms and smart examination solutions in Saudi Arabia, aimed at enhancing academic integrity and operational efficiency, while collaborating with local governments and educational institutions to support the development of next-generation digital education infrastructure.
- Significant Revenue Decline: Ruanyun Edai Technology reported revenue of $366,256 for the six months ended September 30, 2025, a staggering 91.1% decrease from $4,109,689 in the same period of 2024, indicating severe market challenges that threaten the company's operational viability.
- Gross Margin Drop: The gross margin for the first half of 2025 was 26.2%, down from 42.1% in 2024, highlighting the negative impact of rising costs and declining sales on profitability, which may lead to decreased investor confidence.
- Widening Net Loss: The company incurred a net loss of $4,569,013 for the six months ended September 30, 2025, compared to a net loss of $680,241 in the prior year, raising concerns about financial health and potentially affecting future financing capabilities.
- Uncertain Financial Outlook: With the sharp decline in revenue and gross margin, Ruanyun Edai Technology faces an unclear financial outlook, necessitating urgent measures to improve operational efficiency and cost control to avert further financial crises.







