Ruanyun Edai Technology Inc. (RYET) Form 6-K — Sep 10, 2026
Ruanyun Edai Technology Inc. (Nasdaq: RYET) signed a memorandum of understanding with Changan Anyi and Intersect Holding to develop an automotive and new energy vehicle institute in Saudi Arabia, combining four-year undergraduate programs and two-year applied diplomas with hands-on training in vehicle maintenance, power-battery testing and diagnostics. Under the framework, Changan Anyi, authorized by Chongqing Changan Automobile (2.913 million vehicles sold in 2025, including over 1.11 million NEVs), would contribute curriculum, technical standards, laboratory planning and instructor training, while Intersect handles Saudi institutional engagement and local implementation.
Key figures
- Changan rd team
- 18,000-person R&D team including 5,000 software and AI specialists
- Changan 2025 nev sales
- more than 1.11 million vehicles
- Diploma program length
- 2-year applied diplomas
- Saudi fleet growth 2024
- 6.9% vs 2023
- Eviq charger target 2030
- more than 5,000 fast chargers across more than 1,000 locations
- Mou development framework
- 12 months
- Changan 2025 vehicle sales
- 2.913 million vehicles
- Changan 2025 overseas sales
- 637,000 vehicles
- Undergraduate program length
- 4-year programs
- Saudi registered vehicles end 2024
- more than 15.8 million
AI analysis
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