SHANGHAI - Youlife Group Inc. (NASDAQ:YOUL) announced the establishment of the Future International Vocational Education Research Institute in Shanghai.
The company, with a market cap of $50.67 million, saw its stock decline 86.67% over the past year despite revenue of $265.16 million in the last twelve months.
The institute will research connecting China's vocational education with international industry needs. It draws on experience from Youlan International and Tiankun International Education Group.
Research areas include AI, low-altitude economy, and new energy vehicles. The institute plans to validate models within Youlife's partner schools.
"Global supply chain restructuring and rapid technological change demand new workforce technical talent development," said founder and CEO Yunlei Wang.
Youlife operates 180 domestic branches and over 10 overseas offices, with 37 vocational schools and 146 curriculum programs across 16 provinces.
Recently, Tianshi Yang was appointed chief strategy officer, bringing over 12 years of finance experience.
This article was AI-generated and reviewed by an editor.
