Ruanyun Edai Technology Unveils Smart Campus Services Business With Approximately US$9.49 Million in Cumulative Operating Revenue Since September 2025 Launch

About this update from Ruanyun Edai Technology Inc.

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 KUALA LUMPUR, Malaysia, June 17, 2026 (GLOBE NEWSWIRE) -- Ruanyun Edai Technology Inc. (NASDAQ: RYET) (the “Company” or “Ruanyun”), an AI-driven education and technology company advancing its planned transformation into Formind Group, today unveiled its Smart Campus Services business to investors. Launched in September 2025, Smart Campus Services is a high-growth campus infrastructure business serving student-life, campus operations and institutional service needs. Based on unaudited management accounts, the Company’s Smart Campus Services business recorded approximately US$9.49 million (RMB65.54 million) in cumulative operating revenue from launch in September 2025 through May 31, 2026. This includes approximately US$5.66 million (RMB39.08 million) from launch through March 31, 2026, and approximately US$3.83 million (RMB26.46 million) during April and May 2026. All revenue figures are unaudited, based exclusively on the Company’s internal financial records and unaudited management accounts, and have not been prepared in accordance with U.S. GAAP. Pass-through student meal, catering, dormitory utility and other funds collected and remitted on behalf of merchants or service operators are excluded from the operating revenue figures referenced in this release. The April and May performance reflects accelerating momentum, with the first two months of operating revenue in the 2027 financial year equal to approximately 67% of the revenue generated during the full launch-to-March 2026 period. Smart Campus Services expands Ruanyun’s business beyond classroom-based education technology into the broader infrastructure layer of campus life. The business supports integrated campus operations across food-service management, merchant settlement, dormitory utilities, student-life workflows, vocational development and employment-related services. “Smart Campus Services represents one of the operating businesses that we believe can define the Company’s next stage of growth,” said Maggie Fu, Chief Executive Officer of Ruanyun. “Formind is not simply a name change. It represents a broader identity and strategy for building an AI-driven education and institutional t...

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