Youlife Group Inc.

Youlife International is a leading blue-collar lifetime service platform in China. The company serves the needs of blue-collar talent throughout their entire life cycle, assisting with skill improvement and career development. Youlife International provides blue-collar lifetime services to students, blue-collar talent, and corporate customers, which include vocational education services, HR recruitment services, employee management services, and market services. Each business segment complements and benefits the others. Vocational education services have been a primary focus since the company's inception. Youlife International has established a comprehensive blue-collar vocational education network to provide vocational education services to blue-collar talent and students through vocational education school management services and curriculum development projects. Under school management services, one of the main business segments, Youlife International enters into cooperation agreements with customers to manage secondary vocational schools. These agreements are typically entrust agreements, granting Youlife International comprehensive and independent operation rights to manage schools and achieve targets related to brand, scale, teaching, and occupation. Cooperation periods with clients usually range from 10 to 20 years. The company typically establishes a school management council with the client school to coordinate and manage teaching, personnel, and financial matters. Services provided under this model include talent cultivation planning, curriculum design and development, faculty training and performance review, student management, and career orientation.