Ruanyun Edai Technology Expands Cogni AI Into Private AI Platform for Archives, Institutional Records and Enterprise Data

About this update from Ruanyun Edai Technology Inc.

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 Company plans to pursue international distributors and implementation partners through Formind Global Holdings Sdn. Bhd., its Malaysian Global Headquarters platform KUALA LUMPUR, Malaysia, June 03, 2026 (GLOBE NEWSWIRE) -- Ruanyun Edai Technology Inc. (NASDAQ: RYET) (“Ruanyun,” “RYET” or the “Company”), an AI-driven education and technology company focused on intelligent content recognition, automated assessment, next-generation learning systems and technology-enabled institutional services, today announced an expanded strategic positioning for Cogni AI, the Company’s private-deployment AI document intelligence platform for archives, institutional records, enterprise data and knowledge transformation. Cogni AI is designed to transform scanned, handwritten, historical, administrative and enterprise documents into structured, searchable and workflow-ready data. The platform is intended for organizations that require AI-enabled document automation while maintaining customer-controlled data processing environments, including archives, schools and universities, public-sector service providers, regulated enterprises, legal departments, financial institutions, research organizations and companies managing proprietary commercial, technical or development records. The Cogni AI product line is supported by approximately US$1.73 million (RMB11,700,082.00) in total contracted commercial activity across archive digitization, AI archive automation, software licensing, annual lease and deployment-related arrangements. Of such total amount, US$415,947 (RMB2,813,071.78) has been recognized as historical revenue in our books; US$29,572 (RMB200,000.00) is outstanding accounts receivable arising from a single annual-contract customer, and the remaining US$1,284,481 (RMB8,687,010.22) constitutes contracted but unearned deferred revenue subject to future revenue recognition. All amounts herein are unaudited and based exclusively on the Company’s internal financial records, and such figures should not be construed as standard GAAP financial metrics. Company records reflect activity across both legacy digitization and newer AI archive automation use cases, including mul...

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