RYET ▼ -4.7% - Ruanyun Edai Technology Inc. $RYET - RYET Signs MOU with Changan Anyi and Intersect for Saudi NEV Institute Ruanyun Edai Technology (RYET) fell 4.7% today following news that the company signed a memorandum of understanding with Changan Anyi and Intersect to establish a Saudi Arabia-based new energy vehicle institute. While the MOU represents a strategic partnership expansion into the Middle Eastern EV sector, investors may have viewed the announcement as lacking concrete near-term revenue commitments or timelines. 10-SEP-2026 09:01 AM ET