Ruanyun Edai Technology Inks MoU With NIST And Intersect Holding To Jointly Make Research Topics, Technical Routes, Deliverables, Budgets And Schedules

Ruanyun Edai Technology Inc.

Ruanyun Edai Technology Inc.

RYET

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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.