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3/20/2024
Ladies and gentlemen, thank you for standing by for SoYoung's third quarter 2023 earnings conference call. At this time, all participants are in a listen-only mode. After management gives their prepared remarks, there will be a question and answer session. As a reminder, today's conference call is being recorded. I would now like to turn the meeting over to your host for today's call, Ms. Vivian Hsu. Please proceed, Ms. Hsu.
Thank you, operator, and thank you, everyone, for joining Soyang's third quarter 2023 earnings conference call. Joining me today on the call is Mr. Xin Jing, our co-founder, chairman, and CEO, and Mr. Nick Zhao, CFO. Please note that the discussion today will contain forward-looking statements made under the safe harbor provisions of the U.S. Private Securities and the Litigation Reform Act of 1995. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from our current expectations. Potential risks and uncertainties include but are not limited to those outlying our public findings with the SEC, including our annual report on Form 20F. SOEON does not undertake any obligation to update any forward-looking statement except as required on the applicable law. At this time, I would like to turn the call over to Mr. Xinjing. Cash, please.
Hello, everyone. Welcome to the third quarter of Xinyang's fiscal change meeting in 2023. In the third quarter, Xinyang has overcome the pressure of the economic environment. The financial and operating performance have been stable. The total income has reached RMB3.9 billion. The share price has increased by 19%, which is in line with the company's guidance. Hello, everyone. Thank you for joining Soyang's third quarter 2023 earnings call. Our business remained resilient and delivered solid financial and operational results during the quarter,
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