BEIJING, Dec. 1, 2025 /PRNewswire/ — Youlife Group Inc. (Nasdaq: YOUL, “Youlife” or the “Company”), a leading blue-collar lifetime service provider in China, today announced changes in its board of directors (the “Board”) and management.

Changes in Board of Directors

The Board has nominated and appointed Ms. Liqun Yao (“Ms. Yao”) as a director of the Board, effective from November 21, 2025. Mr. Lidong Zhu (“Mr. Zhu”), a director of the Board, has resigned from the Board, effective from November 21, 2025. Mr. Zhu’s resignation did not result from any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Youlife thanks Mr. Zhu for his efforts and contributions to the Company.

The Board has nominated and appointed Mr. Jianming Yan (“Mr. 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. Mr. Clement Ka Hai Hung (“Mr. Hung”), an independent director of the Board, has resigned from the Board, effective from November 21, 2025. Mr. Hung’s resignation did not result from any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Youlife thanks Mr. Hung for his efforts and contributions to the Company.

Upon the effectiveness of Ms. Yao’s and Mr. Yan’s appointment and Mr. Zhu’s and Mr. Hung’s resignation, the Board will consist of seven directors, including three independent directors.

Ms. Yao is a senior finance professional with extensive professional experience. Ms. Yao joined a PRC subsidiary of the Company in August 2021 and has since served as the general manager of the finance department there. Prior to joining the Company, Ms. Yao served as the finance director at Shanghai Yuyuan Tourist Mart Co., Ltd. from August 2015 to July 2021, with comprehensive responsibility for budgeting, internal controls, and team development. Ms. Yao served as a senior auditor at PricewaterhouseCoopers Zhong Tian Certified Public Accountants LLP from February 2011 to August 2015. She has extensive experience in investment and M&A, leading financial due diligence, risk analysis, and post-investment integration for multiple major acquisition projects. Ms. Yao received her master’s degree in accounting from Dongbei University of Finance and Economics in 2007, and is a Certified Public Accountant in the PRC.

Mr. Yan is a seasoned investment and investment banking professional with over 20 years of experience in the financial industry. Prior to joining the Company, Mr. Yan served as a department head of an investment department at Guojin Dingxing Investment Co., Ltd. from June 2018 to December 2023 and from June 2014 to March 2016. Mr. Yan served as an executive director at New Times Securities Co., Ltd. from March 2016 to April 2018. Mr. Yan served as a senior director at Hualin Securities Co., Ltd. from March 2012 to May 2014. Mr. Yan served as an director at Donghai Securities Co., Ltd. from January 2011 to March 2012. Mr. Yan served as a senior auditor at Ernst & Young Hua Ming LLP from December 2006 to January 2011. Mr. Yan received his master’s degree in business administration from East China Normal University in 2016 and his bachelor’s degree in accounting from Beijing Wuzi University in 2003. Mr. Yan is qualified as a sponsor representative, Certified Public Accountant in the PRC, and holds a fund practice license.

Change in Management

Ms. Yao has been appointed as Youlife’s acting chief financial officer to replace Mr. Zhu, effective from November 21, 2025. 

About Youlife Group Inc.

Youlife is a leading blue-collar lifetime service provider with a nationwide network of 25 vocational schools under school management model and 25 curriculum development projects, covering a total of 37 cities or counties under 16 provinces of China. Learn more at https://ir.youlife.cn/.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements also include, but are not limited to, statements regarding future events and the future results of Youlife current expectations, estimates, forecasts, and projections about the industry in which Youlife operates, as well as the beliefs and assumptions of Youlife’s management. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Youlife’s management and are not predictions of actual performance. These statements involve risks, uncertainties and other factors that may cause Youlife’s actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements.

Contact

Sufang Fu
youlife.ir@youlanw.com 
(86) 18280935910

KITCHENER, ON, Dec. 1, 2025 /PRNewswire/ — Canadian Solar Inc. (“Canadian Solar” or the “Company”) (NASDAQ: CSIQ) today announced a strategic initiative to resume direct oversight of its U.S. operations and to continue reshoring manufacturing to North America. The Company will form new joint ventures with American shareholders and its majority-owned subsidiary, CSI Solar Co., Ltd. (“CSI Solar”).

Canadian Solar, headquartered in Kitchener, Canada, will hold a 75.1% controlling stake in CS PowerTech, which will operate U.S.-based manufacturing and sales of solar modules, solar cells, and advanced energy storage systems. Additionally, Canadian Solar will acquire from CSI Solar, at fair market value based on third-party appraisal, 75.1% ownership of certain overseas facilities that support U.S. operations. The total consideration for these assets is approximately $50 million, subject to a one-time value adjustment to reflect changes in net asset value between the valuation baseline date and the closing date. Looking ahead, as part of its broader North American reshoring strategy, Canadian Solar will leverage its 24 years of global manufacturing expertise to launch additional joint ventures to partner with American companies in the solar, storage, and power industries.

Launching CS PowerTech and resuming manufacturing directly under the publicly traded parent company reflects Canadian Solar’s commitment to its North American homebase and to building a resilient, transparent, and diversified domestic supply chain. This initiative will not only create thousands of high-quality American manufacturing jobs but also bring investment and affordable clean energy benefits to communities across the country.

The proposed adjustments constitute a related-party transaction, remain subject to the Company’s board approval and CSI Solar minority shareholder approval, and may be adjusted based on forthcoming regulatory guidance and other considerations.

About Canadian Solar Inc.

Canadian Solar is one of the world’s largest solar technology and renewable energy companies. Founded in 2001 and headquartered in Kitchener, Ontario, the Company is a leading manufacturer of solar photovoltaic modules; provider of solar energy and battery energy storage solutions; and developer, owner, and operator of utility-scale solar power and battery energy storage projects. Over the past 24 years, Canadian Solar has successfully delivered nearly 170 GW of premium-quality, solar photovoltaic modules to customers across the world. Through its subsidiary e-STORAGE, Canadian Solar has shipped over 16 GWh of battery energy storage solutions to global markets as of September 30, 2025, boasting a $3.1 billion contracted backlog as of October 31, 2025. Since entering the project development business in 2010, Canadian Solar has developed, built, and connected approximately 12 GWp of solar power projects and 6 GWh of battery energy storage projects globally. Its geographically diversified project development pipeline includes 25 GWp of solar and 81 GWh of battery energy storage capacity in various stages of development. Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.

Safe Harbor/Forward-Looking Statements

Certain statements in this press release, including those regarding the Company’s expected future shipment volumes, revenues, gross margins, and project sales are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the “Safe Harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as “may”, “will”, “expect”, “anticipate”, “future”, “ongoing”, “continue”, “intend”, “plan”, “potential”, “prospect”, “guidance”, “believe”, “estimate”, “is/are likely to” or similar expressions, the negative of these terms, or other comparable terminology. These forward-looking statements include, among other things, our expectations regarding global electricity demand and the adoption of solar and battery energy storage technologies; our growth strategies, future business performance, and financial condition; our transition to a long-term owner and operator of clean energy assets and expansion of project pipelines; our ability to monetize project portfolios, manage supply chain fluctuations, and respond to economic factors such as inflation and interest rates; our outlook on government incentives, trade measures, regulatory developments, and geopolitical risks; our expectations for project timelines, costs, and returns; competitive dynamics in solar and storage markets; our ability to execute supply chain, manufacturing, and operational initiatives; access to capital, debt obligations, and covenant compliance; relationships with key suppliers and customers; technological advancement and product quality; and risks related to intellectual property, litigation, and compliance with environmental and sustainability regulations. Other risks were described in the Company’s filings with the Securities and Exchange Commission, including its annual report on Form 20-F filed on April 30, 2025. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today’s date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.

Canadian Solar Inc. Investor Relations Contact

Wina Huang
Investor Relations
Canadian Solar Inc.
investor@canadiansolar.com

BEIJING, Dec. 1, 2025 /PRNewswire/ — As the world’s largest online dictionary by user base, Youdao Dictionary has formally announced “deepseek” as its 2025 Word of the Year. The term led the platform with more than 8,672,940 searches this year, becoming the query millions of users typed into the search bar in a collective response to the technology’s fast-growing influence.

According to Zhang Yi, Head of Youdao Dictionary, the surge in interest around “deepseek” has been nothing short of extraordinary, showing relatively stable activity early in the year before accelerating sharply after February, with nearly every technological breakthrough catalyzing a new wave of searches.

“Interest in ‘deepseek’ has also fueled increased engagement with related technical terminology, and we’re seeing clear shifts in how users conduct lookups,” noted Zhang Yi. “After searching the term itself, users are exploring broader concepts around large AI models and AI-driven capabilities, further deepening their learning journey.”

The shift closely aligns with Youdao Dictionary’s ongoing platform enhancements. Over the past year, the product team has strengthened the service’s AI capabilities, introducing targeted refinements across homepage interaction flows and the core lookup experience. These improvements provide users researching emerging technical terminology, such as “deepseek”, with faster, more accurate, and more context-aware results, better supporting the evolving needs of today’s digital learners.

From university students and working professionals to AI enthusiasts and everyday internet users with little technical background, a growing number of people are turning to Youdao Dictionary to learn about the homegrown Chinese AI brand. On social media platforms in China, “deepseek” has even earned the nickname D laoshi, (“Teacher D”) a playful reference to the model’s strong functional performance, whether it’s “asking D laoshi to draft a piece of copy,” “having D laoshi refine a weekly report,” or “D laoshi surprising me again with what it can do.”

Within Youdao Dictionary, the Chinese interpretation of the term, shendu qiusuo (deep exploration), has resonated strongly with users. It accurately illustrates the sustained research and innovation occurring across China’s AI industry in 2025. The sharp rise in searches not only underscores the extraordinary pace at which new technologies are spreading but also highlights the public’s growing willingness to understand new technologies and adapt to rapid technological change.

As the world’s most widely used online dictionary, Youdao has released its annual list of trending words since 2011. These rankings are based on the lookup behaviors of more than one billion users globally, providing a robust and representative dataset. From “hold” in 2011 and “duang” in 2015 to “vlog” in 2019 and “crush” in 2023, each selected term has revealed the social atmosphere of its respective year.

In 2024, Youdao Dictionary named “damn” as its Word of the Year, a term widely used by Gen Z to express intense emotions such as excitement and surprise. One year later, the Word of the Year has shifted from emotional expression to technological exploration, reflecting the pace of transformation shaping today’s digital environment.

Xie Xiaoqing, a researcher at Beijing Language and Culture University, commented: “As one of the most widely adopted language-learning tools in China, Youdao Dictionary provides meaningful visibility into social trends through the shifts captured in its annual words. In 2025, the spike in AI-related searches on the platform is far from accidental; it reflects the public’s strong awareness of China’s AI advancements. People are embracing, utilizing, and even driving new technologies in their own ways. This is precisely the value of a Word of the Year: it captures the public sentiment and societal rhythm throughout the year.”

NEW YORK, Dec. 1, 2025 /PRNewswire/ — This month, EP YAYING, the acclaimed Chinese high-end fashion house, celebrates the third anniversary of its boutique at the American Dream Mall in New Jersey. Since its debut in December 2022, the brand has captivated the international fashion scene by masterfully uniting Eastern aesthetics with contemporary design, delivering collections that are as elegant as they are wearable. Renowned for its impeccable craftsmanship and premium materials, EP YAYING has steadily built a devoted following among discerning American clients.

Designed by French architect Franklin Azzi, the boutique embodies a theme of “Dialogue and Balance.” Within a clean, minimalist space, subtle elements such as natural jade and inspirations drawn from traditional Chinese embroidery create a serene and sophisticated atmosphere—bridging heritage and modernity with quiet confidence. As the only high-end Chinese fashion brand in The Avenue luxury wing of American Dream Mall, EP YAYING stands proudly among global icons such as Hermès and Louis Vuitton, enriching the retail landscape with a unique cultural perspective.

Throughout the past three years, EP YAYING has deepened its relationship with U.S. customers through curated private events and personalized services. A longtime client, who has worn the brand for over two decades, remarked, “From business meetings to holiday celebrations, EP YAYING has been with me during life’s most meaningful moments. I admire the exquisite fabrics and craftsmanship—but even more, the graceful flow of each design connects me to a rich cultural heritage, offering a sense of refined individuality.” This profound emotional resonance has become central to the brand’s identity and sustained growth overseas.

Looking forward, EP YAYING remains committed to global expansion under the guiding principles of “Balance, Love, and Happiness.” Future collections will continue to showcase rare materials sourced from China—including Alxa cashmere and plateau yak wool—along with artisanal patterns from its premium Blue Label line. These elements bring the quiet power and grace of Eastern aesthetics to the global stage, offering a unique proposition for sophisticated international consumers who value cultural depth, exceptional quality, and a distinct point of view.