So-Young International Inc.

Ladies and gentlemen, thank you for standing by for So Young's first quarter 2025 earnings conference call. At this time, all participants are in 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 Chow. Please proceed, Mona.

Thank you, operator, and thank you, everyone, for joining Soyang's fourth quarter 2025 earnings conference call. Joining me today on the call is Mr. Xin Jin, our co-founder, chairman, and CEO, and Mr. Nick Zhao, staff O. Please note that the discussion today will contain four looking statements made under safe harbor provisions of U.S. private securities and the Litigation Reform Act of 1995. Four looking statements are subject to read-through 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 findings with SEC, including our annual report on Form 20F. SOEON does not undertake any obligation to update any following statements except as required under applicable law. Finally, please note that unless otherwise stated, All fingers mentioned during the conference call are in RMB. 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 2025, we achieved a total income of RMB 2.97 billion, which is a net loss of RMB 3313.8 million, which is a net loss of RMB Hello everyone and welcome to today's conference call.