Youlife Group Inc（YOUL）资讯与事件YOULYoulife Group Inc

Youlife Group Enters $3M Convertible Note Agreement with Institutional Investor

Youlife Group announced that it has entered into a securities purchase agreement with an institutional investor for the issuance and sale of a 9% senior original issue discount convertible promissory note with an original principal amount of $3M in a registered direct offering. The Purchase Agreement also provides for potential subsequent closings involving up to an additional $9M in aggregate principal amount of convertible notes, subject to mutual consent of the parties and the satisfaction of the applicable conditions set forth therein. The Note will be issued for a subscription amount of $2.73M, reflecting a 9% original issue discount. In connection with the Offering, the company will also issue 262,009 Class A ordinary shares represented by American depositary shares as an additional 2% original issue discount, equal to $60,000, on the principal amount of the Note. The company expects to receive gross cash proceeds of approximately $2.7M, before deducting offering expenses. The Note will mature 12 months after issuance and will not bear interest before an event of default. It will be convertible at the investor's option into the company's Class A ordinary shares represented by ADSs, with up to 65,502,184 Class A ordinary shares represented by ADSs issuable upon conversion of the Note, at the lower of a fixed conversion price and a market-based alternative conversion price, subject to a floor price, applicable adjustments and a 9.99% beneficial ownership limitation, as more fully described in the prospectus supplement relating to the Offering. In connection with the Offering, 3,300,000 treasury shares represented by ADSs will be delivered to the investor and held in abeyance as pre-delivery ADSs to facilitate the settlement of future conversions of the Note. These ADSs are subject to restrictions on sale, voting and the exercise of shareholder rights before their application in accordance with the transaction documents, as well as additional registration, purchase and cancellation provisions described in the prospectus supplement. The Offering is expected to close on or about November 3, 2026, subject to the satisfaction or waiver of the applicable closing conditions.

Youlife Group Subsidiary Enters Strategic Cooperation Agreement with Ji'an Technology

Youlife Group announced that its subsidiary, Jiangxi Youlan Sci-Tech Industry Development, has entered into a strategic cooperation framework agreement with Ji'an Industry-Education Integration Technology, the operating platform of the Ji'an High-Speed Rail New Area Digital Economy Industrial Park and a subsidiary of Ji'an High-Speed Rail New Area Investment Group. Under the agreement, the parties will jointly develop an industry-education integration vocational education park base to serve vocational education reform and industrial development in the central Jiangxi region. The signing ceremony was held on August 31, 2026, in the High-Speed Rail New Area.

Youlife Group Enters Strategic Cooperation with Dazhou Technician College

Youlife Group announced that its vocational education brand, Tiankun Education, has entered into a comprehensive strategic cooperation agreement with Dazhou Technician College. The partnership marks another important milestone in the Company's nationwide strategy to strengthen its vocational education network while further integrating education, talent recruitment and workforce services into a unified blue-collar ecosystem. The ten-year collaboration establishes a long-term framework covering enrollment, curriculum co-development, industry-oriented training, faculty development, internship programs, employment placement and operational management. Located within the Chengdu-Chongqing economic region, Dazhou City is accelerating the development of advanced manufacturing, new energy, intelligent equipment and other strategic industries. The agreement further expands Youlife's national school-enterprise cooperation platform and strengthens its presence in Western China. Beyond increasing educational capacity, the project enhances cross-business synergies among vocational education, recruitment, employee management and future AI-enabled workforce solutions.