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Ruanyun Edai Technology Signs Strategic Partnership with Confucius Institute at Prince Sultan University to Scale HanLink Across Saudi Arabia
GlobeNewswire News Room· 2025-07-11 12:30
Core Insights - Ruanyun Edai Technology Inc. has signed a strategic cooperation agreement with the Confucius Institute at Prince Sultan University to enhance its HanLink Chinese language learning platform in Saudi Arabia [1][2][3] - The agreement aims to integrate AI-powered content and analytics with the Confucius Institute's educational framework, creating a comprehensive learning ecosystem for students and educators [2][3] Company Overview - Ruanyun Edai Technology Inc. is an AI-driven education technology company focused on transforming K-12 education in China through intelligent learning tools and adaptive systems [6] - The company aims to modernize education by leveraging AI and internet technologies to improve academic performance and streamline educational processes [6] Strategic Collaboration Details - The three-year agreement includes the development of an online Confucius Institute platform that will offer certified Chinese courses and cultural programming [3] - HanLink will be integrated into PSU's Chinese elective courses, enhancing interactivity and personalizing learning experiences for students [3] - Co-development of localized teaching materials and assessments tailored to Saudi learners will be a key focus of the collaboration [3] Pilot Program Launch - A pilot Summer 2025 Chinese Language Program will be co-hosted by Ruanyun and the Confucius Institute, targeting children aged nine to eleven and adult learners [4] - The program will feature two-week immersion camps and conversational courses, utilizing the HanLink App and providing dual-branded certificates upon completion [4] Leadership Perspective - The CEO of Ruanyun emphasized that this collaboration represents a significant step towards democratizing Chinese language learning through AI, aiming to create a scalable educational model in Saudi Arabia [5]
Ruanyun Edai Launches AI-Powered Chinese Learning Platform "HanLink" in Saudi Arabia
Globenewswire· 2025-05-20 12:30
Core Insights - Ruanyun Edai Technology Inc. has successfully launched its AI-powered Chinese language learning platform, HanLink, in Saudi Arabia, marking a significant step in language education innovation [1][2]. Company Overview - Ruanyun Edai Technology Inc. is focused on transforming the K-12 education landscape in China through AI-driven solutions, providing intelligent learning tools, assessment platforms, and adaptive learning systems [4]. Product Features - HanLink integrates AI to offer scalable and immersive Chinese language learning, featuring real-time pronunciation correction, character-writing analysis, and over 180 real-world conversational scenarios [2]. - The platform includes 24/7 tutoring through "AI Han," which provides instant feedback and personalized support, along with teacher tools for automated grading and performance tracking [2]. Pilot Program Results - A four-week pilot program at Riyadh's Education & Skills International School, involving 500 students from grades 1 to 12, achieved an 80% homework accuracy rate and an average oral proficiency score of 75 out of 100 [3]. - Students engaged in an average of 15 minutes of self-guided practice daily using the HanLink app, indicating positive user engagement and effectiveness of the platform [3]. Future Plans - Following the success of the pilot program, Ruanyun plans to expand HanLink to more local schools across Saudi Arabia, aiming to enhance language education further [3].
微软Build大会宣告进入AI智能体时代 Microsoft 365 Copilot、GitHub编码升级,马斯克xAI模型纳入微软云
Hua Er Jie Jian Wen· 2025-05-19 23:18
Core Insights - Microsoft is transforming Windows into a core platform for AI agents, showcasing this at the Build conference with the introduction of Windows AI Foundry and support for the Model Context Protocol (MCP) [2][16] - The company is evolving its AI assistant capabilities, moving from simple assistance to becoming AI development partners, which marks a significant shift towards an agentic era in AI applications and enterprise operations [2][4] Group 1: AI Development and Tools - GitHub Copilot is being upgraded to an autonomous programming agent, integrating asynchronous coding capabilities and new management features for enterprise use [2][4] - Microsoft 365 Copilot introduces Copilot Tuning, allowing businesses to train models using their own data and workflows, enhancing task accuracy in specific domains [5][7] - Azure AI Foundry is launched as a unified platform for developers to customize and manage AI applications and agents, now including models from xAI [6][10] Group 2: New Features and APIs - New tools such as Model Leaderboard and Model Router are introduced to evaluate and select the best AI models for specific tasks [9] - Edge browser receives new APIs for integrating AI capabilities, including a PDF translation tool supporting over 70 languages, enhancing user experience [11][13] - NLWeb is launched to simplify the creation of AI chatbots on websites, allowing for easy integration of AI models and user data [15] Group 3: Integration and Collaboration - The integration of MCP into Windows allows AI applications to communicate with other services and the Windows system itself, enhancing the functionality of AI agents [16] - Multi-agent orchestration capabilities are introduced, enabling collaboration among various AI agents to tackle complex tasks [5][7] - Microsoft emphasizes its commitment to open-source initiatives by releasing several tools, including a new command-line text editor and GitHub Copilot for VS Code [18][19]
一周资讯丨宁德时代、明基医院齐过聆讯,首个OTC转板上市出现
Sou Hu Cai Jing· 2025-04-15 06:08
Group 1: SoftCloud Technology - SoftCloud Technology successfully listed on NASDAQ on April 8, 2025, under the stock code RYET, raising $15 million by issuing 3.75 million shares at $4 each [1] - As of April 11, 2025, the stock closed at $4.76, representing a 19% increase from the issue price, with a current market capitalization of $161 million [1] - The company, founded in 2012 and headquartered in Nanchang, focuses on the K12 education sector, providing innovative teaching and learning tools through the use of the internet and artificial intelligence [1] Group 2: MasterBeef Group - MasterBeef Group successfully listed on NASDAQ on April 10, 2025, under the stock code MB, raising $8 million by issuing 2 million shares at $4 each [2] - Additionally, 1.81 million shares were sold by shareholders for $7.24 million [2] - As of April 11, 2025, the stock closed at $3.20, reflecting a 20% decrease from the issue price, with a current market capitalization of $5.44 billion [2] - The company operates 12 restaurants under the "MasterBeef" and "Anping BBQ" brands, specializing in Taiwanese hot pot and barbecue [2] Group 3: Nocen International - Nocen International successfully transitioned to NASDAQ on April 10, 2025, under the stock code CIIT, raising $7.16 million by issuing 2.17 million shares at $4 each [3] - The stock opened at $3.30, down 17.5% from the issue price, and closed at $2.60, marking a 35% decline, with a total market capitalization of $4.40747 million [3] - The company provides global logistics services, including booking and transportation arrangements [3] Group 4: Webull Corporation - Webull Corporation received approval from the China Securities Regulatory Commission for its overseas listing on April 8, 2025, through a merger with SK Growth Opportunities Corporation [4] - The company plans to issue up to 64,221,920 shares on NASDAQ, focusing on providing a comprehensive digital investment platform for individual investors [4] - Webull operates in multiple markets, including North America, Asia-Pacific, Europe, and Latin America, with 11 brokerage licenses globally [4] Group 5: CATL (Contemporary Amperex Technology Co., Limited) - CATL has passed the hearing for its potential listing on the Hong Kong main board, aiming to raise between $5 billion and $7 billion (approximately HKD 39 billion to HKD 54.6 billion) [6] - If successful, this would be the largest IPO in Hong Kong since Kuaishou's listing in 2021 [6] - Founded in 2011 and listed on the Shenzhen Stock Exchange in 2018, CATL specializes in the research, production, and sales of power and energy storage batteries [6] Group 6: Mingji Hospital - Mingji Hospital successfully passed the Hong Kong Stock Exchange hearing on April 11, 2025, after two previous failed attempts [7] - The hospital reported a revenue of RMB 2.659 billion in 2024, a slight decrease of 1.07% year-on-year, with a net profit of RMB 109 million, down 34.95% year-on-year [7] - Mingji Hospital is a leading private profit-oriented hospital group in mainland China, operating two comprehensive hospitals [7]
软云科技纳斯达克上市,募资1500万美金,半年营收下滑三成四
Sou Hu Cai Jing· 2025-04-13 13:11
Core Insights - Ruanyun Edai Technology Inc. (stock code RYET) has successfully listed on the NASDAQ, marking a significant step for the company focused on the K-12 education sector [1] - The IPO price was set at $4 per share, with 3.75 million shares issued, raising a total of $15 million [3] - On its first trading day, the stock price rose to $4.76, resulting in a market capitalization of $161 million [3] Financial Performance - For the six months ending September 30, 2024, the company reported revenue of $4.11 million, a year-over-year decline of 34.5% [3] - Despite a gross profit increase to $1.73 million (up 59.6% year-over-year), the net loss was $680,000, although this was an improvement from a loss of $1.52 million in the same period last year [3] - In the fiscal year 2024 (ending March 31, 2024), revenue was relatively stable at $9.15 million, a slight increase of 0.2% from $9.13 million the previous year [5] Shareholding Structure - The company has a concentrated shareholding structure, with CEO Yan Fu holding 23.83% of shares through KWest Holdings prior to the IPO, making him the largest shareholder [5] - Post-IPO, Yan Fu's ownership decreased to 21.18%, but he still maintains control over the company [5] - Other significant shareholders include CTO Cong Zhao and various institutional and individual investors, with their shareholding proportions adjusted but overall structure remaining stable [5] Market Challenges - The company faces significant pressure in a competitive market and needs to identify new growth opportunities to improve performance [5] - The successful IPO provides additional funding and market attention, but the company's ability to capitalize on these opportunities for sustained growth remains to be seen [5]
教育软件公司“软云科技” 在纳斯达克上市
Sou Hu Cai Jing· 2025-04-10 12:20
Company Overview - Ruanyun Technology, a pioneer in educational software from Nanchang, Jiangxi, China, officially listed on NASDAQ on April 8, 2025, raising $18.17 million, marking its debut in the international capital market and indicating the rise of China's educational software industry on the global stage [1][2] - The company focuses on the K-12 education sector, providing intelligent homework solutions that cater to personalized student needs through data-driven insights and AI technology, enhancing modern education [1][2] International Expansion - Ruanyun Technology operates under Ruanyun Edai Technology Inc., registered in the Cayman Islands, with its main operations based in Jiangxi, China. The company is recognized as a national high-tech enterprise, specializing in AI algorithm development and comprehensive solutions for the education sector [2] Market Performance - On its first trading day, Ruanyun Technology's stock opened at $4.00, rising by 12.75% from the issue price, peaking at $6.57, a 64.25% increase. The closing price was $4.51, with a total market capitalization of $152 million [4] - The trading volume reached $18.14 million with 3.84 million shares traded, resulting in a turnover rate of 102.36%, indicating high market interest and activity [4] Industry Impact - The listing of Ruanyun Technology highlights the growth potential in the educational software sector, emphasizing the increasing importance of technology in education, which enhances teaching methods and provides personalized learning experiences [5] - The successful IPO reflects the capital market's attention and support for the education industry, attracting significant investment that can boost R&D and product quality across the sector [5]
Ruanyun Edai Technology Inc. Announces Closing of Initial Public Offering
Globenewswire· 2025-04-09 20:14
Core Viewpoint - Ruanyun Edai Technology Inc. successfully completed its initial public offering, raising approximately $15 million by offering 3,750,000 ordinary shares at a price of $4.00 per share, with trading commencing on Nasdaq under the ticker symbol "RYET" [1]. Group 1: Offering Details - The company has granted underwriters a 45-day option to purchase an additional 562,500 ordinary shares to cover over-allotments [2]. - The offering was conducted on a firm commitment basis, with AC Sunshine Securities LLC serving as the sole book-running manager [4]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for research and development of new products and services, marketing and customer services, new content creation, cash reserves, and working capital, including costs to establish two additional regional offices [3]. Group 3: Company Overview - Ruanyun Edai Technology Inc. is an AI-driven education technology company focused on transforming the K-12 education landscape in China by providing intelligent learning tools and adaptive learning systems [7].
来自南昌的软云科技成功登陆纳斯达克,IPO募资1500万美元
Sou Hu Cai Jing· 2025-04-09 11:08
Core Viewpoint - Ruanyun Edai Technology Inc. (软云科技) successfully went public on NASDAQ with an IPO price of $4, raising $15 million and achieving a market capitalization of $130 million at issuance [1] Company Overview - Founded in 2012, Ruanyun Edai Technology Inc. is a data-driven AI technology company focused on K-12 education in China, aiming to reform traditional educational methods and provide new teaching, learning, and assessment approaches [1][3] Financial Performance - The company reported revenues of $6.27 million and $4.11 million for the fiscal years ending September 30, 2023, and 2024, respectively, with net losses of $1.52 million and $0.68 million for the same periods [8][9] - The revenue cost for 2024 was $2.38 million, while for 2023 it was $5.19 million, indicating a significant reduction in costs [9] Product Lines - Ruanyun Edai Technology operates through two main product lines: SmartExam® and SmartHomework® - SmartExam® provides a computerized testing platform for academic level examinations in China, along with other testing services [3] - SmartHomework® offers a platform for various digital teaching and learning content and services, generating revenue from platform development, software customization, licensing, personalized workbooks, and digital services [3]
教培公司软云科技(Ruanyun Edai Technology Inc.,RYET)美国IPO首日开盘报7.30美元,此前给出的IPO发行价为每股4美元。
news flash· 2025-04-08 16:11
教培公司软云科技(Ruanyun Edai Technology Inc.,RYET)美国IPO首日开盘报7.30美元,此前给出的 IPO发行价为每股4美元。 ...
软云科技纳斯达克敲钟,K-12教育软件IPO能否大放异彩?
Sou Hu Cai Jing· 2025-04-08 13:09
Company Overview - Ruanyun Edai Technology Inc., known as Jiangxi Ruanyun Technology, is a software service provider focused on the K-12 education sector, planning to list on NASDAQ with an offering of 3.75 million shares priced between $4.00 and $5.00, aiming to raise approximately $21.56 million [1][2] - The company was founded in 2012 by Fu Yan and Zhao Cong in Nanchang, Jiangxi, after Fu completed her studies in computer science and business management in the United States [3] Product and User Base - Ruanyun Technology specializes in innovative teaching, learning, and assessment tools for the K-12 education system, with core products including SmartExam and SmartHomework, which leverage internet and AI technologies [3] - As of March 31, 2024, the company reported approximately 80,452 total users, including 20,177 paying premium users and 329,092 monthly active users, with over 15.1 million K-12 student users on its SmartHomework platform [3] Financial Performance - The company has experienced revenue growth from FY 2021 to FY 2022, but saw a decline in FY 2023 and FY 2024, with net profits showing continuous losses [4] - Despite financial challenges, Ruanyun Technology maintains competitive advantages such as deep integration with schools, a database with over 10 billion research data points, high-quality content, and an experienced management team [4] IPO Plans and Use of Proceeds - The funds raised from the IPO will be allocated to new product and service development, marketing, customer service, content creation, and cash reserves, as well as establishing two additional regional offices to support business expansion [4] - The IPO marks a significant step for the company in its ongoing efforts to deepen its presence in the K-12 education technology sector and enhance its market competitiveness [4]