As a result of the Business Combination completed
on July 9, 2025, Youlife International Holdings Inc. became a wholly-owned subsidiary of the Company.
| Name | | Date of
Incorporation | | Place of
Incorporation | | Percentage of
Effective
Ownership | | | Principal Activities | | Shanghai Youerlan Information Technology Co., Ltd. (“Shanghai Youerlan”) | | July 10, 2014 | | PRC | | | 100 | % | | Provision of employee management service, HR recruitment service | | Wuhu Lanfu Internet Technology Co., Ltd. | | December 13, 2019 | | PRC | | | 100 | % | | Provision of employee management service, HR recruitment service | | Hubei Youlife External Service Information Technology Co., Ltd. | | August 25, 2020 | | PRC | | | 100 | % | | Provision of employee management service, HR recruitment service | | Shanghai Lanyu Cloud Software Development Co., Ltd. | | December 8, 2023 | | PRC | | | 100 | % | | Provision of market service | | Anqing Bicai Property Management Co., Ltd. | | January 12, 2023 | | PRC | | | 51 | % | | Provision of employee management service, HR recruitment service | | Zhejiang Youlan International Holding Co., Ltd. | | April 4, 2023 | | PRC | | | 100 | % | | Provision of employee management service, HR recruitment service | | Youlife Technology Limited | | March 27, 2019 | | Hong Kong | | | 100 | % | | Investment holding |
|