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So-Young International Inc. Announces Share Purchase by Controlling Shareholder
SYSo-Young(SY) Prnewswire·2025-04-02 10:00

Core Viewpoint - So-Young International Inc. announced a significant share purchase by its chairman, Mr. Xing Jin, which reflects his confidence in the company's long-term growth prospects [1][3]. Company Overview - So-Young International Inc. is the leading aesthetic treatment platform in China, connecting consumers with online services and offline treatments. The company offers access to aesthetic treatments through its online platform and branded aesthetic centers, providing curated treatment information and facilitating online reservations [4]. Share Purchase Details - On March 31, 2025, Mr. Xing Jin purchased 4,544,820 American depositary shares (ADSs) for a total of US4,090,338,increasinghisbeneficialownershipto24.9 4,090,338, increasing his beneficial ownership to 24.9% of the company's outstanding shares. The ADSs were acquired at a price of US 0.9 per ADS [1][2]. Management Commentary - Mr. Xing Jin stated that the share purchase demonstrates his continued confidence in the company and its long-term growth prospects [3]. Financial Impact - The company's directors do not expect the share purchase to have any material adverse impact on its financial position and business operations [2].