YOUL

Revenues up 16.9% year-over-year to RMB 1,854.3 million Employee management services revenue increased by 24.4% over last year Net Profit of RMB 42.7 million in fiscal 2025 vs a net loss in 2024 Cash and cash equivalents increased 14.0% in the year compared to the prior period SHANGHAI, April 28, 2026 /PRNewswire/ -- Youlife Group Inc. ("Youlife," "we" or "our") (NASDAQ: YOUL), a leading blue-collar lifetime service provider in China, today announced its financial results for the fiscal year of 2025 ended December 31, 2025. Financial Highlights for the Fiscal Year 2025 Total revenues increased by 16.9% from RMB1,585.6 million for fiscal year 2024 to RMB1,854.3 million (US$265.2 million) in fiscal year 2025. Gross margin was 10.4% in fiscal year 2025 vs. 14.5% in 2024. Operating income was RMB6.8 million (US$0.9 million) for 2025 vs. RMB40.5 million for fiscal 2024. Net profit was RMB42.7. million (US$6.1 million) for fiscal year 2025 vs. a net loss of RMB52.4 million for the prior fiscal year. Recent Developments Strategic cooperation with Innova Tree: On February 3, 2026, Youlife announced that it entered into a non-binding memorandum of understanding ("MOU") for strategic cooperation with Innova Tree, a Kazakhstan-based limited liability company with strong local capabilities in vocational education operations and government coordination. Under the MOU, Youlife and Innova Tree will pursue comprehensive collaboration across vocational education, skills training, workforce and talent services, and selected cultural tourism-related labor programs. This partnership aims to drive the bilateral mobility of professional talents between China and Kazakhstan, while facilitating a cross-border "training-certification-internship-employment" closed-loop to establish a new paradigm for Youlife's international vocational education ecosystem. Intention to joint develop Waas platform with VCI: On January 28, 2026, Youlife announced that it entered into a non-binding letter of intent, expressing the intention to jointly develop, deploy, and commercialize a robotics-enabled workforce-as-a-service ("WaaS") platform in strategic collaboration with VCI Global Limited ("VCIG"). The platform will integrate robotics, artificial intelligence and human workforce management to deliver a guaranteed productivity capacity to enterprises and industrial clients across ASEAN and selected international markets. Intention to acquire Anlian HR: On January 23, 2026, Youlife announced that it entered into a non-binding letter of intent, setting forth the parties' preliminary intention for Youlife to acquire Anlian HR Limited ("Anlian HR"), a well-established OMO (Online-Merge-Offline) blue-collar recruitment platform provider in China. This potential combination could support Youlife's long-term strategy to build a comprehensive, full-cycle blue-collar talent services ecosystem by enhancing recruitment delivery capabilities, strengthening offline service execution, and advancing lifecycle workforce management. Aquisition of Youhe HR: On January 22, 2026, Youlife, YouheHR Group Inc., a company organized under the laws of the Cayman Islands ("YouheHR"), and Lightred Investment Co., Ltd., a company organized under the laws of British Virgin Islands (the "Seller") entered into a share exchange agreement (the "Agreement"). Upon closing, YouheHR will become a wholly-owned subsidiary of Youlife. Pursuant to the Agreement, Youlife has agreed to acquire all of the issued and outstanding shares of YouheHR from the Seller, in exchange for certain newly issued 4,967,810 Class A ordinary shares of Youlife. The transaction under the Agreement is expected to consummate in May 2026. Strategic Partnership with Sealand: On January 9, 2026, Youlife announced a strategic partnership with Sealand Maritime Service Co., Ltd. ("Sealand") to build a new talent ecosystem for high-end cruise tourism services. Sealand is a leading cruise crew recruitment and dispatch company in China. The two parties have jointly established Xiamen Youlife Sealand International Cultural Tourism Development Co., Ltd., a joint venture dedicated to building an integrated talent development and placement platform for the global cruise and cultural tourism industries. The platform aims to align vocational training, certification, and international employment resources to meet the rapidly expanding demand for cruise service professionals. Changes in Board of Directors and Management On April 13, 2026, the board of directors of Youlife (the "Board") appointed Mr. Tianshi Yang as the Chief Strategy Officer, immediately effective. The Board nominated and appointed Ms. Liqun Yao as a Director on November 21, 2025, and Mr. Lidong Zhu resigned from the Board, effective from November 21, 2025. Ms. Yao was appointed as Youlife's acting Chief Financial Officer to replace Mr. Zhu. The Board also nominated and appointed Mr. Jianming Yan as an independent Director of the Board, a member and the chairman of the audit committee of the Board, a member of the compensation committee of the Board, and a member of the nominating and corporate governance committee of the Board, which took effect on November 21, 2025. With these changes, the Board now consists of seven directors, including three independent directors. Management Remarks Mr. Yunlei Wang, Founder, Chief Executive Officer and Chairman of the Board of Youlife, commented on Youlife's recent performance, "In fiscal 2025, we built a solid foundation and strategically positioned our business to help us achieve our expansion and growth strategy of our products and services throughout international markets. We advanced our discussions with future acquisition targets and continued our evaluation of how these target companies will benefit our business goals and initiatives. Additionally, we advanced our transition from a focus on organic growth to a dual-engine strategy that balances internal expansion with strategic acquisitions. In December, we announced our intention to acquire four regional human resources service companies, which we expect to broaden our geographic reach, enhance network density, and create opportunities for future operational synergies. Furthermore, during the latter half of fiscal year 2025, we made key changes to our management team and board of directors to put a team in place that best aligns with Youlife's strategy and plans for future success." "As we look to fiscal 2026, we have continued to build on our momentum, with our January announcement of a joint venture agreement with Sealand, a leading cruise crew recruitment and dispatch company in China. The collaboration with Sealand represents a significant step forward in Youlife's strategy to deepen its presence in specialized service sectors and to expand its global talent supply chain. We expect that this partnership will create a comprehensive, closed-loop model for talent development in the cruise and cultural tourism industries, spanning training, certification, international placement, and long-term service support. Later in the month, we entered into a letter of intention to acquire Anlian HR, a well-established Online-Merge-Offline blue-collar recruitment platform provider in China. Further, we expressed interest to jointly develop, deploy, and commercialize a robotics-enabled workforce-as-a-service platform in strategic collaboration with VCI Global Limited. The initiative will position us at the forefront of industrial automation and workforce transformation across ASEAN and emerging markets. The platform will integrate robotics, artificial intelligence and human workforce management to deliver a guaranteed productivity capacity to enterprises and industrial clients across ASEAN and selected international markets. I am excited about the opportunities that lie ahead for our business. We have an exciting pipeline of new acquisition targets that will give us the opportunity to expand our product and services to new overseas markets and allow us to diversify our revenue base and maximize market share penetration. We continue to focus on executing on our acquisitions and scaling the business efficiently to drive value for our shareholders," Mr. Wang concluded. Mr. Tianshi Yang, Chief Strategy Officer of Youlife, added, "We are pleased with our financial performance in fiscal year 2025. Revenues grew by 16.9% year-over-year and reported a net profit of RMB42.7 million or US$6.1 million compared to a net loss in the prior year period, and cash and cash equivalent increased by about 14.0% compared to last year. Looking ahead, we will be focused on executing our acquisition and integration strategy while emphasizing capital discipline and alignment, to allow Youlife to pursue expansion while preserving financial flexibility. In fiscal year 2026, we have found several acquisition targets that will be instrumental to maximizing revenue growth, margins, and profitability. By structuring the coming deals through an equity-based acquisition model with performance alignment, it will provide us the opportunity to aim to balance growth objectives with prudent financial management, while keeping our focus on long-term value creation." Financial Results for Fiscal Year 2025 Total revenues increased by 16.9% from RMB1,585.6 million for the year ended December 31, 2024, to RMB1,854.3 million (US$265.2 million) for the year ended December 31, 2025, due to increases in revenues generated from employee management services. Vocational educational services. Revenues generated from vocational education services decreased by 9.8% from RMB50.0 million for the year ended December 31, 2024, to RMB45.1 million (US$6.5 million) for the year ended December 31, 2025, primarily due to termination of some education services which had long-term payback periods. Employee management services. Revenues generated from employee management services increased by 24.4% from RMB1,382.6 million for the year ended December 31, 2024 to RMB1,719.6 million (US$245.9 million) for the year ended December 31, 2025. This growth was driven by an expanding corporate client base and rising demand for blue-collar labor. We captured this through optimized business controls and our integrated lifecycle value chain model. Furthermore, we successfully shifted our focus toward acquiring high-value clients in new industries and economies with significant outsourcing needs. HR recruitment services. Revenues generated from HR recruitment services decreased by 27% from RMB24.2 million for the year ended December 31, 2024 to RMB17.7 million (US$2.5 million) for the year ended December 31, 2025. The decrease was primarily driven by a lower average service fee, as large-scale corporate clients opted for multi-settlement structures for high-fluidity roles. Additionally, a portion of our HR recruitment services was divested following the discontinuation of certain operations. Marketing services and solutions. Revenues generated from marketing services decreased by 44.2% from RMB128.8 million for the year ended December 31, 2024, to RMB71.9 million (US$10.3 million) for the year ended December 31, 2025, primarily due the determination of selling goods through the online platform. Cost of revenues increased by 22.5% from RMB1,356.5 million for the year ended December 31, 2024, to RMB1,662.2 million (US$237.7 million) for the year ended December 31, 2025, in line with the growth of the business scale. Gross Margin Gross margin decreased from 14.5% for the year ended December 31, 2024, to 10.4% for the year ended December 31, 2025, primarily due to the larger proportion of employee management service. Total operating expenses decreased from RMB188.59 million for the year ended December 31, 2024, to RMB185.3 million (US$26.50 million) for the year ended December 31, 2025, representing a decrease of 1.7%. Selling and marketing expenses increased by 53.8% from RMB51.9 million for the year ended December 31, 2024, to RMB79.7 million (US$11.4 million) for the year ended December 31, 2025, primarily because we developed a number of strategic clients. Administrative expenses decreased by 30.0% from RMB126.7 million for the year ended December 31, 2024, to RMB88.7 million (US$12.7 million) for the year ended December 31, 2025. This was primarily driven by management's decision to streamline specific departments and reduce rental overhead. Research and development expenses increased by 68.4% from RMB10.0 million for the year ended December 31, 2024, to RMB16.9 million (US$2.4 million) for the year ended December 31, 2025, primarily because we boosted R&D investment in innovative fields, such as industrial robotics. Operating income was RMB6.8 million (US$0.9 million) for the year ended December 31, 2025, compared with profits from operation of RMB40.5 million for the year ended December 31, 2024, primarily due to business development and increased efficiency. Net profit was RMB42.7 million (US$6.1 million) for the year ended December 31, 2025, compared to net loss of RMB52.4 million for the year ended December 31, 2024. Balance sheet Cash and cash equivalents were RMB144.2 million (US$20.6 million) as of December 31, 2025. About Youlife Group Inc. Youlife is a leading global provider of blue-collar lifecycle services, dedicated to modernizing blue-collar employment through data, training, and AI-driven workforce solutions. In the talent services sector, Youlife operates 180 domestic branches and over 10 overseas offices. By partnering with more than 10,000 renowned enterprises worldwide, Youlife provides stable and future-ready workforce infrastructure at scale. Under its "School-Enterprise Cooperation" model, Youlife maintains a nationwide network of vocational schools, including 37 schools and 146 curriculum development programs, covering 37 cities and counties across 16 provinces in China. For more information, please visit: https://ir.youlife.cn/. Forward-Looking Statements This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements also include, but are not limited to, statements regarding future events and the future results of Youlife current expectations, estimates, forecasts, and projections about the industry in which Youlife operates, as well as the beliefs and assumptions of Youlife's management. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Youlife's management and are not predictions of actual performance. These statements involve risks, uncertainties and other factors that may cause Youlife's actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements. View original content:https://www.prnewswire.com/news-releases/youlife-group-inc-reports-full-year-2025-financial-results-302755652.html

SHANGHAI, April 24, 2026 /PRNewswire/ -- Youlife Group Inc. ("Youlife" or the "Company") (NASDAQ: YOUL), a leading blue-collar lifetime service provider in China, today announced that the Company has rescheduled its full year 2025 earnings conference call to take place on Tuesday, April 28th, 2026, at 9 AM ET. Earnings Call Details Date: Tuesday, April 28, 2026 Time: 9:00 AM ET Participant Listening Options Interested participants can join the event by using the dial-in numbers, or by clicking the link to join, provided below, for instant access to the call. U.S. Domestic: 1-800-717-1738 International: 1-646-307-1865 Link to Join: https://emportal.ink/3O4BpMI Event Replay Options A replay of Youlife Group's earnings conference call will also be made available 3 hours following the conclusion of the call, accessible until Tuesday, May 12, 2026, at 11:59 PM ET. For anyone unable to attend the live event that would like to access the event replay, please dial the numbers and provide the access ID outlined below. Replay Dial-In: 1-844-512-2921 or 1-412-317-6671 Access ID: 11161721 About Youlife Group Inc. Youlife is a leading global provider of blue-collar lifecycle services, dedicated to modernizing blue-collar employment through data, training, and AI-driven workforce solutions. In the talent services sector, Youlife operates 180 domestic branches and over 10 overseas offices. By partnering with more than 10,000 renowned enterprises worldwide, Youlife provides stable and future-ready workforce infrastructure at scale. Under its "School-Enterprise Cooperation" model, Youlife maintains a nationwide network of vocational schools, including 25 schools and 25 curriculum development programs, covering 37 cities and counties across 16 provinces in China. For more information, please visit: https://ir.youlife.cn/. Forward-Looking Statements This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements also include, but are not limited to, statements regarding future events and the future results of Youlife current expectations, estimates, forecasts, and projections about the industry in which Youlife operates, as well as the beliefs and assumptions of Youlife's management. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Youlife's management and are not predictions of actual performance. These statements involve risks, uncertainties and other factors that may cause Youlife's actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements. View original content:https://www.prnewswire.com/news-releases/youlife-group-inc-reschedules-fy2025-earnings-conference-call-to-april-28-at-9-am-et-302753261.html

SHANGHAI, April 20, 2026 /PRNewswire/ -- Youlife Group Inc. ("Youlife" or the "Company") (NASDAQ: YOUL), a leading blue-collar lifetime service provider in China, today announced that the Company will postpone the release of its key operational and financial results for the full year of 2025 initially scheduled for Monday, April 20, 2026, at 8:00 a.m. Eastern time, and the earnings conference call initially scheduled for 12:00 p.m. Eastern time on the same day. The Company will announce its key operational and financial results for the full year of 2025 and earnings conference call schedule on or about April 28, 2026 to allow additional time to complete its year-end closing procedures. About Youlife Group Inc. Youlife is a leading global provider of blue-collar lifecycle services, dedicated to modernizing blue-collar employment through data, training, and AI-driven workforce solutions. In the talent services sector, Youlife operates 180 domestic branches and over 10 overseas offices. By partnering with more than 10,000 renowned enterprises worldwide, Youlife provides stable and future-ready workforce infrastructure at scale. Under its "School-Enterprise Cooperation" model, Youlife maintains a nationwide network of vocational schools, including 25 schools and 25 curriculum development programs, covering 37 cities and counties across 16 provinces in China. For more information, please visit: https://ir.youlife.cn/. Forward-Looking Statements This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements also include, but are not limited to, statements regarding future events and the future results of Youlife current expectations, estimates, forecasts, and projections about the industry in which Youlife operates, as well as the beliefs and assumptions of Youlife's management. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Youlife's management and are not predictions of actual performance. These statements involve risks, uncertainties and other factors that may cause Youlife's actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements. View original content:https://www.prnewswire.com/news-releases/youlife-to-postpone-full-year-2025-financial-results-and-earnings-conference-call-302747028.html

SHANGHAI, April 14, 2026 /PRNewswire/ -- Youlife Group Inc. ("Youlife" or the "Company") (NASDAQ: YOUL), a leading blue-collar lifetime service provider in China, today announced its upcoming earnings conference call to share the Company's key operational and financial results from the full year of 2025. Earnings Call Details Date: Monday, April 20, 2026 Time: 12:00 PM ET Participant Listening Options Interested participants can join the event by using the dial-in numbers, or by clicking the link to join, provided below, for instant access to the call. U.S. Domestic: 1-800-717-1738 International: 1-646-307-1865 Link to Join: https://emportal.ink/3O4BpMI Event Replay Options A replay of Youlife Group's earnings conference call will also be made available 3 hours following the conclusion of the call, accessible until Monday, May 4, 2026 at 11:59 PM ET. For anyone unable to attend the live event that would like to access the event replay, please dial the numbers and provide the access ID outlined below. Replay Dial-In: 1-844-512-2921 or 1-412-317-6671 Access ID: 1180096 About Youlife Group Inc. Youlife is a leading global provider of blue-collar lifecycle services, dedicated to modernizing blue-collar employment through data, training, and AI-driven workforce solutions. In the talent services sector, Youlife operates 180 domestic branches and over 10 overseas offices. By partnering with more than 10,000 renowned enterprises worldwide, Youlife provides stable and future-ready workforce infrastructure at scale. Under its "School-Enterprise Cooperation" model, Youlife maintains a nationwide network of vocational schools, including 25 schools and 25 curriculum development programs, covering 37 cities and counties across 16 provinces in China. For more information, please visit: https://ir.youlife.cn/. Forward-Looking Statements This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements also include, but are not limited to, statements regarding future events and the future results of Youlife current expectations, estimates, forecasts, and projections about the industry in which Youlife operates, as well as the beliefs and assumptions of Youlife's management. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Youlife's management and are not predictions of actual performance. These statements involve risks, uncertainties and other factors that may cause Youlife's actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements. Company Contact Zhuhong Ruan [email protected] (86) 13917429808 Investor Relations Contact Skyline Corporate Communications Group, LLC Scott Powell, President 1177 Avenue of the Americas, 5th Floor New York, NY 10036 Office: +1 (646) 893-5835 Email: [email protected] View original content:https://www.prnewswire.com/news-releases/youlife-group-inc-announces-full-year-2025-earnings-conference-call-302742475.html

If you are trying to figure out your next move with Youlife Group (NasdaqCM:YOUL), you are not alone. The company’s recent financial results were not just healthy; they posted double-digit jumps in revenue and an enormous leap in net profit. Meanwhile, the fresh joint venture with Galbot points to an ambitious strategy: using robotics-driven vocational education to address China’s massive skilled labor shortfall. It is a move that plays directly into national policy priorities on workforce development and the growing demand for automation, and investors have taken notice. Recent weeks have been a rollercoaster for YOUL’s stock. Driven by the headlines—including strong earnings, new ventures, and a clear push to broaden its international reach—the shares have surged by more than 81%. Momentum clearly picked up as the market digested both the expanding business ecosystem and the promise of technological leadership, with a sharp 9.2% pop following the latest results. Compared to earlier in the year, this is a dramatic shift in sentiment, as investors have quickly piled in on the buzz around intelligent education and strategic alliances. With anticipation swirling, the main question now is whether this rally is just the beginning of renewed investor conviction or if the current price already reflects everything Youlife has to offer. Based on its current price-to-sales ratio of 0.6 times, Youlife Group appears undervalued when compared to both its industry and peer averages. This ratio is well below the US Professional Services industry average of 1.2 times and the peer group average. This suggests the market is discounting the company’s growth prospects and profitability challenges. The price-to-sales ratio measures how much investors are willing to pay for each dollar of revenue. In the context of Youlife Group, this multiple is especially relevant because the company is not currently profitable, making metrics like price-to-earnings less meaningful. A low price-to-sales ratio can indicate the market is cautious about future earnings or skeptical about the sustainability of recent revenue growth. However, since Youlife delivered 16.1% revenue growth over the past year and has ambitious expansion plans, the low valuation multiple may be overlooking near-term momentum or the potential payoff from new ventures. Investors seeking undervalued revenue growth stories may want to dig deeper into whether this discount is justified or signals opportunity. Result: Fair Value of $1.66 (UNDERVALUED) See our latest analysis for Youlife Group. However, recent share declines and ongoing net losses highlight operational risks that could challenge the current optimism surrounding Youlife Group’s growth story. Find out about the key risks to this Youlife Group narrative. Looking at the company through our DCF model offers a different perspective from the revenue-based valuation. This approach estimates intrinsic value by projecting future cash flows and tells another part of the story. Does this viewpoint back up the discount seen, or highlight risks hiding below the surface? Look into how the SWS DCF model arrives at its fair value. Stay updated when valuation signals shift by adding Youlife Group to your watchlist or portfolio. Alternatively, explore our screener to discover other companies that fit your criteria. For those who want to draw their own conclusions or take a different approach, exploring the data firsthand is quick and easy. You can shape your own perspective in just a few minutes. Do it your way A great starting point for your Youlife Group research is our analysis highlighting 1 key reward and 1 important warning sign that could impact your investment decision. Take the next step and widen your options. Our powerful screeners put diverse opportunities at your fingertips. Don’t let fresh ideas slip by while others get ahead. Boost your income by targeting companies offering steady cash flow through dividend stocks with yields > 3%. This approach is ideal for investors who want reliable yields above 3%. Ride the wave of innovation and track emerging leaders with AI penny stocks. Connect to firms shaping the next frontier in artificial intelligence. Spot hidden bargains with growth potential by using undervalued stocks based on cash flows to uncover stocks trading below their true cash flow value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include YOUL. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Revenues up 16.2% YoY to RMB913.3 million Operating Income of RMB45.8 million, up 93.3% YoY Net Profit reached RMB37.7 million, over 37x YoY growth BEIJING, Sept. 9, 2025 /PRNewswire/ -- Youlife Group Inc. ("Youlife" or the "Company") (NASDAQ: YOUL), a leading blue-collar lifetime service provider in China, today announced its unaudited financial results for the six months ended June 30, 2025. Financial Highlights for the First Half of 2025 Total revenues were RMB913.3 million (US$127.5 million), up 16.2% YoY. Gross margin was 14.1%, versus 14.0% for the first half of 2024. Operating income was RMB45.8 million (US$6.4 million), up 93.3% YoY. Net profit was RMB37.7 million (US$5.3 million), approximately 37 times of the net profit reported in the same period of 2024. Recent Developments Intention to acquire four companies: On August 20, 2025, the company announced that it has entered into a non-binding term sheets with the controlling shareholders of four companies to acquire 100% equity interests in the following entities: Jiangsu Youlan Network Technology Co., Ltd ("Jiangsu Youlan") Hubei Joins Hands with Tongcheng Information Technology Co., Ltd ("Joins Hands") Guangxi Jiade Human Resources Service Co., Ltd ("Guangxi Jiade") Lijiang Bona Vocational Skills Training Co., Ltd ("Bona") The four target companies bring complementary expertise and regional influence across internet recruitment services, software and AI developments, human resource services, and vocational training. Youlife believes that integrating these companies' strengths in information technology, digital solutions, and platform resources will enable the Company to build a comprehensive, closed-loop ecosystem spanning online recruitment, HR services, career consulting, vocational skills training, and education. Establishment of Joint Venture with Galbot: On August 29, 2025, the Company announced that an operating company within the group entered into a joint venture agreement with Beijing Galbot Co., Ltd. ("Galbot"), a pioneer in embodied intelligent robotics. Under the agreement, Youlife will contribute capital and hold a 51% equity stake in the newly established entity, Beijing Youlife Galaxy Technology Co., Ltd. ("Youlife Galaxy"). The joint venture will combine Youlife's vocational education network with Galbot's embodied large-model robotics to deliver intelligent, immersive, and globally connected vocational training. Key initiatives include deploying robotics-focused industry colleges, upgrading curricula in intelligent manufacturing and proactive healthcare, and training talent for Chinese enterprises operating under the Belt and Road Initiative. The venture supports China's "Vocational Education Quality Improvement Action Plan" and aims to address labor shortages across key manufacturing sectors. Management Remarks Yunlei Wang, Founder, CEO and Chairman of Youlife, said, "The first half of 2025 was truly transformative for Youlife. we successfully completed our listing on Nasdaq, a milestone that not only provided us with growth capital but also elevated our visibility and credibility on the global stage. Becoming a publicly listed company has strengthened our foundation and positioned us as an emerging global player, particularly as we prepare to expand our products and services into international markets." "Building on this momentum, we also announced our intention to acquire four complementary companies spanning recruitment services, software, AI development, and vocational training. These acquisitions are expected to bring both regional influence and technological synergies, further strengthening our ecosystem. By integrating these capabilities, we aim to create a comprehensive platform that delivers end-to-end solutions in recruitment, HR services, career consulting, and vocational education. In addition, we are excited to have established a joint venture with Galbot to advance intelligent vocational education, leveraging robotics to enhance training outcomes and address critical labor gaps in China. We are confident that these strategic steps will accelerate our growth trajectory and lay a solid foundation for Youlife's global expansion." Mr. Wang concluded. Lidong Zhu, CFO of Youlife, commented: "We are very pleased with our strong financial performance in the first half of 2025. Revenues grew by 16.2% year-over-year, more importantly, our focus on disciplined execution and operational efficiency drove a 93.3% increase in operating income and a 37 times increase in net profit, comparing with the last same period. We have demonstrated the scalability of our business model. Looking ahead, we will fastly execute the acquisitions and integrations in the fields of blue-collar talent vocational training and recruitment, and streamline and enhance our corresponding service lines and profit matrix." Unaudited Financial Results for the First Half of 2025 Total revenues were RMB913.3 million (US$127.5 million), representing an increase of 16.2% from RMB786.1 million in the first half of 2024, driven by 24.1% growth in employee management services. Vocational education services. Revenues generated from vocational education services decreased by 47.6% from RMB32.9 million for the six months ended June 30, 2024 to RMB17.2 million (US$2.4 million) for the six months ended June 30, 2025, primarily due to the decrease in our smart campus services. Employee management services. Revenues generated from employee management services increased by 24.1% from RMB683.1 million for the six months ended June 30, 2024 to RMB847.8 million (US$118.3 million) for the six months ended June 30, 2025, primarily due to (i) the increase of our corporate customers and their growing demands of blue-collar labors, which was attributable to comprehensive adjustments and optimizations we have achieved on business control and development under fully utilizing our mix business model of blue-collar lifecycle value chain service; and (ii) greater likelihood that our target customers are focusing on new economy industries with high customer value and large scale of outsourcing services demands. Compared with the same period, we have developed more than 90 new customers in the six months ended June 30, 2025. HR recruitment services. Revenues generated from HR recruitment services decreased by 25.5% from RMB12.2 million in the six months ended June 30, 2024 to RMB9.1 million (US$1.3 million) for the six months ended June 30, 2025, primarily due to our traditional manufacturing clients shifted their recruitment demands to outsourcing demands. Marketing services and solutions. Revenues generated from marketing services and solutions decreased by 32.2% from RMB57.8 million for the six months ended June 30, 2024 to RMB39.2 million (US$5.5 million) for the six months ended June 30, 2025 primarily due to the decrease the scale of selling retail goods via online retail platform. Costs of revenues were RMB784.8 million (US$109.6 million), representing an increase of 16.1% from RMB676.2 million in the first half of 2024, primarily attributable to the increases in our labor cost and service fees for employee management services, in line with the increase in revenue. Gross profit and gross margin Gross profit was RMB128.5 million (US$17.9 million), compared with RMB109.9 million in the first half of 2024. The year-over-year increases were primarily due to the increase in employee management services revenue. Gross margin was 14.1%, representing a 0.1 percentage point increase from 14.0% in the first half of 2024. Total operating expenses were RMB82.7 million (US$11.5 million), compared with RMB86.2 million in the first half of 2024, representing a decrease of 4.2%. Sales and marketing expenses were RMB24.7 million (US$3.4 million), compared with RMB32.8 million in the first half of 2024. The year-over-year decrease were mainly attributable to reduced marketing and promotional activities for retail services. General and administrative expenses were RMB56.4 million (US$7.9 million), compared with RMB47.7 million in the first half of 2024. The year-over-year increase was mainly attributable to listing expenses of RMB12.5 million for the business combination with Distoken Acquisition Corporation. Research and development expenses were RMB1.6 million (US$0.2 million), compared with RMB5.7 million in the first half of 2024. The year-over-year decrease was mainly attributable to the decrease in the average compensation level for our research and development personnel as we restructured the R&D team. Operating income was RMB45.8 million (US$6.4 million), almost doubled from RMB23.7 million in the first half of 2024. Other non-operating income, net was RMB3.8million (US$0.5 million), compared with other non-operating expense, net of RMB16.2 million in the first half of 2024, primarily due to the fair value losses from our equity investment recorded for the six months ended June 30, 2024. Net profit was RMB37.7 million (US$5.3 million), approximately 37 times of the net profit of RMB1.0 million in the first half of 2024. Balance sheets Cash and cash equivalents were RMB162.2 million (US$22.6 million) as of June 30, 2025. About Youlife Group Inc. Youlife is a leading blue-collar lifetime service provider with a nationwide network of 25 vocational schools under school management model and 25 curriculum development projects, covering a total of 37 cities or counties under 16 provinces of China. Learn more at https://ir.youlife.cn/. Forward-Looking Statements This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements also include, but are not limited to, statements regarding future events and the future results of Youlife current expectations, estimates, forecasts, and projections about the industry in which Youlife operates, as well as the beliefs and assumptions of Youlife's management. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Youlife's management and are not predictions of actual performance. These statements involve risks, uncertainties and other factors that may cause Youlife's actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements. Contact Information Yi Liu [email protected] (86) 13062818313 View original content:https://www.prnewswire.com/news-releases/youlife-group-inc-reports-unaudited-first-half-2025-financial-results-302550497.html SOURCE Youlife Group Inc