Ruanyun Edai shares surge 18.43% premarket after launching Cogni AI for document automation in China.

Ruanyun Edai Technology (NASDAQ: RYET) surged 18.43% in premarket trading following the announcement of its commercial release of Cogni AI, a multimodal AI agent designed for document automation. The product, now in service in China, autonomously interprets document images, extracts structured data, and integrates quality-control features to reduce manual verification and streamline digitization workflows. The company emphasized Cogni AI’s ability to replace template-driven OCR systems, potentially enhancing operational efficiency for large-scale projects. Despite cautionary notes about risks such as customer adoption and macroeconomic factors, the launch positions Ruanyun as a leader in AI-powered education technology, aligning with the stock’s sharp premarket rise. The move reflects investor optimism over the product’s market potential and its applications in education, compliance, and analytics.