Youlife (YOUL) Group announced changes in its board of directors and management. The Board has nominated and appointed Liqun Yao as a director of the Board, effective from November 21, 2025. Lidong Zhu, a director of the Board, has resigned from the Board, effective from November 21, 2025. Zhu’s resignation did not result from any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. The Board has nominated and appointed 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, effective from November 21, 2025. Clement Ka Hai Hung, an independent director of the Board, has resigned from the Board, effective from November 21, 2025. Hung’s resignation did not result from any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Yao has been appointed as Youlife’s acting chief financial officer to replace Zhu, effective from November 21, 2025.
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