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5/22/2026
Ladies and gentlemen, thank you for standing by for SoYoung's first quarter 2026 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 Hsiao. Please proceed, Mona.
Thank you, operator, and thank you, everyone, for joining SoYang's first quarter 2026 earnings conference call. Joining me today on the call is Mr. Xin Xin, Chair, Met and CEO, and Ms. Shan Zhang, Apex Finance. Before we begin, please refer to the safe harbor statements in our earnings release. Hello, everyone.
Hello, everyone, and welcome to today's EARLINK call. Xinyang continues to expand its chain business, steadily advancing its two-wheel drive strategy of scale and efficiency, and has achieved solid performance. In the first quarter of 2026, the company achieved a total income of 4.33 billion RMB, with a growth of about 46%. Among them, the chain business earned up to 2.82 billion RMB, with a growth of about 186%.
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