So-Young International Inc.

Ladies and gentlemen, thank you for standing by for So Young's third quarter 2024 earnings conference call. At this time, all participants are in the listen-only mode. After management give 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. Mona Kiao. Please proceed, Mona.

Thank you, operator, and thank you, everyone, for joining Soyang's third quarter 2024 earnings conference call. Joining me today on the call is Mr. Xin Jin, our co-founder, chairman, and CEO, and Mr. Nick Zhao, CFO. Please note that the discussion today will contain four 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 outlined in our public filings with SEC, including our annual report on Form 20F. Soyeon does not undertake any obligation to update any forward-looking statements, except as required under applicable law. And this time, I'd like to turn the call over to Mr. Xin Jin.

Hello, everyone. Welcome to today's press conference. In the third quarter of 2024, our business will maintain steady development, get a total income of RMB3.72 billion, and once again exceed the income guide line. Achieve a net profit of RMB2035 million, which belongs to Xin Yang, and a growth of 11.2%. Our business continued to develop robustly during the first quarter with total revenue reaching RMB 332 million, once again surpassing the upper ends of our guidance range.