So-Young International Inc.

Ladies and gentlemen, thank you for standing by for SoYoung's first quarter 2024 earnings conference call. At this time, all participants are in listen-only mode. After management give their prepared remarks, there will be an opportunity for questions and answers. As a reminder, today's conference is being recorded. I would now like to turn the conference over to your host for today's call, Ms. Mona Chiao. Please go ahead, ma'am.

Thank you, operator, and thank you, everyone, for joining Soyang's first quarter 2024 earnings conference call. Joining me today on the call is Mr. Xin Jing, our co-founder, chairman, and CEO, and Mr. Nick Zhang, 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 alternatives that may cause actual results to differ materially from our current expectations. Potential risks and alternatives include but are not limited to those outlying our public findings with SEC, including our annual report on Form 20F. Soyang does not undertake any obligation to update any forward-looking statements except as required under applicable law. At this time, I'd like to turn the call over to Mr. Xinjing

Hello, everyone. Welcome to today's financial phone call meeting. In the first quarter of this year, our business performed well, achieving a total income of RMB3.18 billion, exceeding the upper limit of income. At the same time, for the first time in five years, we have achieved a profit under the guise of NARGAP. New business blocks continue to grow rapidly. Medical product sales and maintenance services' income increased by 23.3% in the same quarter. Hello everyone, thank you for joining the call today.