Ruanyun Edai Technology Inc. Book Sales Contract
Ruanyun Edai Technology Inc., through its subsidiary, has entered into a book sales contract with Nanjing Fanshufang Culture Technology Co., Ltd. The contract, valued at approximately US$1.20 million, is for the sale of books and related educational content suitable for K-12 schools. The agreement is for a term of one year, ending June 4, 2027. The contract includes standard terms for quality, delivery, and payment, with a net settlement amount of approximately US$1.20 million (RMB 8.17 million). The goods were accepted on June 8, 2026, and revenue recognition will follow applicable accounting standards. The company views this contract as a demonstration of its educational content and service capabilities, aligning with its AI-driven education technology ecosystem and its planned transition to Formind Group.