v3.26.3
Unaudited Interim Consolidated Balance Sheet
¥ in Thousands, $ in Thousands
Jun. 30, 2026
USD ($)
Jun. 30, 2026
CNY (¥)
Dec. 31, 2025
CNY (¥)
Current assets      
Cash and cash equivalents $ 19,092 ¥ 130,033 ¥ 144,219
Accounts receivables, net 69,882 475,957 342,783
Prepayments and other receivables, net 68,990 469,881 448,083
Inventories, net 203 1,381 2,086
Total current assets 158,167 1,077,252 937,171
Property and equipment 8,753 59,618 61,864
Right-of-use assets 5,261 35,833 37,048
Intangible assets 7,475 50,914 8,361
Goodwill 5,595 38,107
Long-term investment 14,203 96,738 96,738
Deferred tax assets 2,880 19,612 23,369
Other non-current assets 13,699 93,296 78,305
Total non-current assets 57,866 394,118 305,685
Total assets 216,033 1,471,370 1,242,856
Current liabilities      
Contract liabilities 6,728 45,824 34,640
Trade and bills payables 7,094 48,319 74,485
Other payables and accruals 50,872 346,469 212,849
Short-term borrowings 20,298 138,248 126,054
Lease liabilities 1,002 6,823 6,793
Tax payable 2,258 15,378 9,300
Total current liabilities 88,252 601,061 464,121
Lease liabilities-non current 3,774 25,706 25,491
Long-term borrowings 549 3,738
Total non-current liabilities 4,323 29,444 25,491
Total liabilities 92,575 630,505 489,612
Commitments and Contingencies
SHAREHOLDERS’ EQUITY      
Ordinary shares (US$0.0001 par value; 500,000,000 shares authorized as at December 31, 2025 and June 30, 2026; 76,048,501 shares and 81,016,311 shares issued and outstanding as at December 31, 2025 and June 30, 2026, respectively) [1] 8 56 55
Treasury shares (5) (31) (31)
Additional paid-in capital 199,811 1,360,894 1,303,581
Statutory surplus reserve 1,612 10,981 10,531
Accumulated losses (80,728) (549,832) (579,876)
Total Youlife Group Inc. shareholders’ equity 120,698 822,068 734,260
Non-controlling interests 2,760 18,797 18,984
Total shareholders’ equity 123,458 840,865 753,244
Total liabilities, and shareholders’ equity $ 216,033 ¥ 1,471,370 ¥ 1,242,856
[1] On July 9, 2025, the Company consummated a business combination with Distoken Acquisition Corporation. In connection therewith, the Company amended its memorandum and articles of association to increase the authorized share capital to 500,000,000 ordinary shares, comprising 400,000,000 Class A ordinary shares and 100,000,000 Class B ordinary shares, par value US$0.0001 each. Upon consummation of the Business Combination, all preferred shares were converted into Class A ordinary shares, and the share capital structure has been retroactively adjusted.