#China #Beijing #Youlife Group #Liqun Yao #Jianming Yan

Major Changes at Youlife Group Inc.

In a strategic move aimed at strengthening its leadership and refining its operational framework, Youlife Group Inc. (Nasdaq: YOUL), a notable blue-collar lifetime service provider in China, has announced key alterations in its Board of Directors and management on December 1, 2025.

Board of Directors Overhaul

As of November 21, 2025, Youlife has welcomed Ms. Liqun Yao as a new director on its Board. Ms. Yao is recognized for her extensive experience in finance, having joined Youlife's PRC subsidiary in August 2021. Before her appointment, she was the finance director at Shanghai Yuyuan Tourist Mart Co., Ltd., bringing a wealth of knowledge in budgeting, internal controls, and team development. With a master's degree in accounting and being a Certified Public Accountant in China, she embodies the financial acumen necessary for the position.

In a simultaneous move, Mr. Lidong Zhu has resigned from the Board, effective the same date. Mr. Zhu's departure is stated to be amicable and not indicative of any disagreements regarding the company's operations or policies. The Board extends its gratitude towards Mr. Zhu for his contributions during his tenure.

Additionally, Youlife has appointed Mr. Jianming Yan as an independent director. Mr. Yan, a seasoned investment and banking professional, brings over two decades of industry experience. His previous roles include leadership positions at Guojin Dingxing Investment Co., Ltd. and New Times Securities Co., Ltd. Notably, he was involved in various high-stakes financial operations, affirming his capability to guide Youlife’s financial strategies effectively.

Mr. Yan also brought his expertise in governance by being named the chairman of the Board's audit committee and a member of the compensation and corporate governance committees.

With these changes, the Board now comprises seven directors, three of which are independent, enhancing its governance structure.

Management Changes

Alongside the Board restructuring, Ms. Yao has been appointed as Youlife's acting Chief Financial Officer, succeeding Mr. Zhu. Her leadership in the finance department will now extend to the highest financial management level within the company, showcasing Youlife's commitment to integrating experienced talent into its leadership roles.

About Youlife Group Inc.

Youlife Group Inc. is a prominent blue-collar lifetime service provider in China, operating a vast network of 25 vocational schools and 25 curriculum development projects across 37 cities in 16 provinces. The company is dedicated to offering comprehensive and high-quality education and services tailored to the workforce needs in the region.

As we look to the future, Youlife remains focused on achieving its strategic goals and continuing its growth trajectory within the competitive landscape of blue-collar services in China. The recent changes in leadership are expected to aid in fortifying Youlife's operational framework and enhancing its overall effectiveness in serving its clientele.

In summary, these leadership changes denote a significant shift in Youlife Group Inc.'s governance, promising a more robust and ethically governed organization moving forward. Stakeholders can be optimistic about Youlife's commitment to enhancing its operational frameworks and addressing the evolving demands of the market, ensuring longevity and success in the years ahead.