Ruanyun Edai Technology Inc. (RYET)
Ruanyun Edai Technology will go public soon, but the exact IPO date is still unknown.
IPO Price Range
$5.00 - $6.00
Shares Offered
5,000,000
Deal Size
$27.50M

Company Description

Ruanyun Edai Technology is a data driven artificial intelligence technology company focused on kindergarten through year twelve, or K-12 education in China.

We bring technology to schools, and we are committed to reforming the traditional Chinese education and learning model by facilitating schools, teachers and students with new teaching, learning, and assessment methods in the A.I.

era. We have one of the most comprehensive online learning ecosystems covering all K-12 subject fields and grade levels, one of the largest academic exercise question banks that is designed and built for interactive learning, and one of the most advanced A.I.

algorithms that power such questions, all of which are accessible online and on demand. As of November 30, 2022, approximately 14.26 million students use Jiangxi Ruanyun to collect their daily homework exercise data, prepare for a test or attend the Academic Proficiency Assessment, which is an official assessment across all subjects taught in schools, conducted by the Education Testing Authority in China.

This allows us to understand each student better and enables us to help them reach the next level of educational success with an effective strategy, every step of the way.

We value our proprietary technologies and strong research and development capabilities, which we believe differentiate us from other companies in our industry.

As of the date of this prospectus, we have an intellectual property portfolio consisting of 11 patents (9 of which have been registered and 2 are pending) and 23 trademarks filed with the PRC State Intellectual Property Administration, 50 copyrights registered with the PRC State Copyright Bureau, and 8 domain names.

Ruanyun Edai Technology Inc.
Country China
Founded 2012
Industry Consumer Discretionary
Sector Diversified Consumer Services
Employees 186
CEO Yan Fu

Contact Details

Address:
No. 698 Jing Dong Avenue, ZheJiang University HighTech Campus
Nanchang, Jiangxi 330096
China
Phone 0791-88567739
Website ruanyun.net

Stock Details

Ticker Symbol RYET
Exchange NASDAQ
Fiscal Year April - March
Reporting Currency USD
CIK Code 0001873454
SIC Code 7372

Key Executives

Name Position
Yan Fu Director, Chief Executive Officer
Cong Zhao Chief Technology Officer
Wei Hu Chief Financial Officer
Liang Jing Chief Marketing Officer
Zejiong Zou Director
Wei Wang Independent Director
Xuezhen Tian Independent Director
Ying Tang Independent Director
You Zhan Independent Director
Liang Zou Independent Director

Latest SEC Filings

Date Type Title
Apr 3, 2023 F-1/A [Amend] Registration statement for certain foreign private issuers
Dec 29, 2022 F-1 Registration statement for certain foreign private issuers
Oct 27, 2022 DRS/A [Amend] [Cover] Draft Registration Statement
Sep 26, 2022 DRS/A [Amend] [Cover] Draft Registration Statement
May 25, 2022 DRS/A [Amend] [Cover] Draft Registration Statement
Jan 11, 2022 DRS/A [Amend] [Cover] Draft Registration Statement
Dec 14, 2021 DRS/A [Amend] [Cover] Draft Registration Statement
Nov 24, 2021 DRS/A [Amend] [Cover] Draft Registration Statement
Oct 25, 2021 DRS/A [Amend] [Cover] Draft Registration Statement
Aug 31, 2021 DRS [Cover] Draft Registration Statement