newsfilter
← Latest News
GlobeNewswire·

RYET Launches Co-Funded AI Script and Film Production Program on YeeZo

RYET
  • Ruanyun Edai Technology Inc. (NASDAQ: RYET) announced a cooperation agreement with Jiangxi Ruanyun Technology Co., Ltd. to develop & release AI-assisted scripts & films via the YeeZo platform.
  • Jiangxi Ruanyun & its co-investor each committed RMB 1 million for a total first-phase budget of RMB 2 million, with no guaranteed returns or priority capital repayment.
  • The 12-month program targets developing approximately 400 new & adapted scripts & producing 30 AI films for sale, licensing, & release on platforms like YouTube.
  • First-phase budget allocation includes RMB 1.2 million for AI film production, RMB 450,000 for screenplay acquisition, RMB 200,000 for model usage & computing power, & RMB 150,000 for YeeZo script-production capabilities.
  • Program profits are shared 60% to Jiangxi Ruanyun & 40% to the co-investor after costs & taxes, with profit sharing continuing post-phase one as works are sold or distributed.
  • Jiangxi Ruanyun manages the entire program, holds 60% of script rights & 100% of YeeZo platform technology, while film rights are held equally by both parties.
  • Formind Global Holdings Sdn. Bhd., RYET's Malaysian subsidiary, is designated to handle international distribution of scripts & films outside China.
  • The initiative responds to a micro-drama market in China exceeding RMB 100 billion in 2025 & a 278% global growth in short drama app downloads in 2025.
  • The program represents a strategic shift from YeeZo's prior focus on education & training to commercial content development & agentic workflows.
  • Production targets are planning goals subject to change based on efficiency & market response, with no commitments from buyers or distributors guaranteed.
Company
Ruanyun Edai Technology Inc.
Keywords
Nasdaq:RYET, Ruanyun Edai Technology Inc.