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Youlife Group (Nasdaq: YOUL) has formed a strategic joint venture with Beijing Galbot Co., Ltd. to revolutionize vocational education in China. The new entity, Beijing Youlife Galaxy Technology, will be 51% owned by Youlife and combines the company's extensive vocational education network with Galbot's advanced robotics technology.
The venture addresses China's projected shortage of 29 million skilled workers by 2025 and aligns with the national "Vocational Education Quality Improvement Action Plan." Key initiatives include deploying robotics industry colleges by September 2025, upgrading curricula for emerging sectors, and establishing a global talent network supporting Belt and Road Initiative projects.
Youlife Galaxy aims to transform traditional vocational education through human-machine collaboration, targeting a market of over 400 million blue-collar workers globally.