- Ruanyun Edai AI-powered HanLink launch
- HanLink transforms Chinese learning Saudi Arabia
- AI-driven Chinese education hits Riyadh
Ruanyun Edai Technology Inc., a leading AI-driven education technology company with a market capitalization of $418 million, has officially launched its innovative Chinese language learning platform, HanLink, in Saudi Arabia. This strategic move marks a significant expansion into the Middle Eastern market and reflects the company’s commitment to leveraging artificial intelligence to revolutionize language education.
HanLink aims to make Chinese learning more accessible and effective through a suite of advanced AI features. These include real-time pronunciation correction, character-writing analysis, and immersive conversational scenarios designed to engage students at all levels. The platform’s AI tutor, known as 'Han', offers 24/7 personalized support and feedback, while educators benefit from automated grading systems and detailed performance dashboards, streamlining teaching processes.
The platform’s debut came with a successful four-week pilot program at Riyadh’s Education & Skills International School. The trial involved 500 students from grades 1 through 12 and yielded promising outcomes: an impressive 80% homework accuracy rate and an average oral proficiency score of 75 out of 100. Additionally, students participated in daily self-guided practice sessions averaging 15 minutes on the HanLink app, highlighting strong engagement and user adoption.
Buoyed by the pilot’s success, Ruanyun Edai plans to expand HanLink’s footprint across more educational institutions in Saudi Arabia, supporting the country’s efforts to modernize its education system in line with global standards and growing demand for Chinese language skills.
Financially, Ruanyun Edai is positioned for growth, reporting annual revenues of $7 million and a healthy gross margin of 51%. The company’s stock has demonstrated remarkable momentum, delivering a 174.5% return over the past six months, according to InvestingPro data. This surge is driven in part by increasing investor confidence in the company’s innovative AI applications within the education sector.
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In a significant recent milestone, Ruanyun Edai commenced trading on the Nasdaq Capital Market at $7.30 per share, representing an 82.5% increase from its initial public offering (IPO) price of $4.00 per share. The IPO raised gross proceeds of approximately $15 million through the offering of 3,750,000 ordinary shares, with AC Sunshine Securities LLC acting as the sole book-running manager.
The company also granted an over-allotment option to underwriters for an additional 562,500 shares, exercisable within 45 days, further reflecting strong market interest. Ruanyun Edai Technology Inc. continues to focus on integrating AI solutions to enhance education in China’s K-12 sector and now aims to bring these intelligent tools to international markets like Saudi Arabia. The launch of HanLink represents a major step in the company’s mission to modernize language learning globally through adaptive and personalized educational technology.
