So-Young International Inc.

Ladies and gentlemen, thank you for standing by for SoYoung's fourth quarter and full year 2024 earnings conference call. At this time, all participants are in 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. Mona Kuo. Please go ahead, Mona.

Thank you, Operator, and thank you, everyone, for joining Soyang's Fourth Quarter 2024 Orleans 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. As the Litigation Reform Act of 1995, four looking statements are subject to re- 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 balance with SEC, including our annual report on Form 20F. Soyang does not undertake any obligation to update any forelooking statements, except as required under applicable law. Finally, please note that, unless otherwise stated, all fingers mentioned during this conference call are in RMB. At this time, I'd like to turn the call over to Mr. Xinjin.

Hello, everyone. Welcome to today's financial phone call meeting. In the fourth quarter of 2024, our total income per capita was 3.69 billion yuan, which is a net loss of 6.08 billion yuan, which belongs to Xinyang. Hello everyone and welcome to today's conference call.