Youlife (YOUL) Registration filing summary

Company overview and business model

• Operates as a leading blue-collar lifetime service provider in China, offering vocational education, HR recruitment, employee management, and market services to blue-collar talent throughout their career lifecycle.

• Business is conducted primarily through wholly-owned PRC subsidiaries, with a holding company structure based in the Cayman Islands.

• Focuses on leveraging technology to address unmet demand for blue-collar services and drive steady revenue growth.

Financial performance and metrics

• Achieved steady revenue growth by capturing market opportunities in blue-collar lifetime services.

• No dividends or distributions have been made to shareholders or investors in 2023, 2024, or 2025; all available funds and future earnings are intended to be retained for business operations and expansion.

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used as set forth in applicable prospectus supplements; specific allocation will be detailed at the time of each offering.