So-Young International Inc.

Ladies and gentlemen, thank you for standing by for SoYoung's third quarter 2025 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 will 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 third quarter 2025 earnings conference call. Joining me today on the call is Mr. Xinjing, our founder, chairman, and CEO, and Mr. Nick Zhao, CFO. Before we begin, please refer to the safe harbor statement in our earnings release, which applies to this call and will be making forward looking statements. Please also note that we will discuss no-gap measures today. which are more thoroughly explained and reconquered to the most comparable measures reported under GAAP in our earliest release on our investor relations website and financed with SEC. 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 third quarter of 2025, we will continue to firmly promote the strategic layout of offline joint business. The long-term investment in the chain direction has also gradually turned into stable business results. In the third quarter, the company achieved a total income of RMB3.87 billion, of which the chain business income of RMB1.84 billion. The share price increased by 305%, breaking the leading 8% of the top line, and leading the group's overall income to achieve the same growth. Hello everyone and welcome to today's earnings call.