Ruanyun Edai Technology Inc. (NASDAQ: RYET) ("RYET" or the "Company") today announced that it entered into a three-party memorandum of understanding ("MOU") with the NIST and Intersect Holding ("Intersect"). The MOU brings the NIST into a Saudi-China platform strategy connecting vocational education, university research, technology development, institutional investment and commercialization. The MOU contemplates Intersect connecting the parties with Umm Al-Qura University and other Saudi institutions.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.