{"id":66276,"date":"2025-04-02T12:01:19","date_gmt":"2025-04-02T12:01:19","guid":{"rendered":"https:\/\/english.saigonbiz.com.vn\/2025\/04\/02\/so-young-international-inc-announces-share-purchase-by-controlling-shareholder\/"},"modified":"2025-04-02T12:01:19","modified_gmt":"2025-04-02T12:01:19","slug":"so-young-international-inc-announces-share-purchase-by-controlling-shareholder","status":"publish","type":"post","link":"https:\/\/english.saigonbiz.com\/vn\/so-young-international-inc-announces-share-purchase-by-controlling-shareholder\/","title":{"rendered":"So-Young International Inc. Announces Share Purchase by Controlling Shareholder"},"content":{"rendered":"<div>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">BEIJING<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">April 2, 2025<\/span><\/span> \/PRNewswire\/ &#8212; So-Young International Inc. (Nasdaq: SY) (&#8220;So-Young&#8221;\u00a0or the &#8220;Company&#8221;), the leading aesthetic treatment platform in <span class=\"xn-location\">China<\/span> connecting consumers with online services and offline treatments, today announced that the Company had been informed by Mr. <span class=\"xn-person\">Xing Jin<\/span>, the Company&#8217;s chairman of the board of directors, chief executive officer, and controlling shareholder, that on\u00a0March 31, 2025, Beauty &amp; Health Holdings Limited, a company incorporated in the <span class=\"xn-location\">British Virgin Islands<\/span> and controlled by Mr. <span class=\"xn-person\">Xing Jin<\/span>, purchased a total of 4,544,820 American depositary shares (&#8220;ADSs&#8221;) representing 3,496,015.38 Class A ordinary shares of the Company\u00a0in the open market\u00a0in accordance with Rule <span class=\"xn-money\">10b<\/span>-18 of the Securities Exchange Act of 1934, as amended, using personal funds (the &#8220;Share Purchase&#8221;). This increases Mr. <span class=\"xn-person\">Xing Jin&#8217;s<\/span> total beneficial ownership to 24.9 % of the Company&#8217;s outstanding shares<sup>[1]<\/sup>. The ADSs were purchased at a price of <span class=\"xn-money\">US$ 0.9<\/span> per ADS, for a total aggregate purchase price of <span class=\"xn-money\">US$ 4,090,338<\/span>.<\/p>\n<p>The directors of our\u00a0Company do not expect that the Share Purchase\u00a0will have any\u00a0material adverse impact on the financial position and business operation of the Company. For more details, please refer to the Company&#8217;s SEC filings, including an amended 13D\/A of Mr. <span class=\"xn-person\">Xing Jin<\/span>, available at <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1758530\/000110465925030571\/xslSCHEDULE_13D_X01\/primary_doc.xml\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.sec.gov\/Archives\/edgar\/data\/1758530\/000110465925030571\/xslSCHEDULE_13D_X01\/primary_doc.xml<\/a>.\u00a0<\/p>\n<p>Mr. <span class=\"xn-person\">Xing Jin<\/span>, chairman of the board of directors and chief executive officer of So-Young, commented, &#8220;this Share Purchase\u00a0demonstrates my continued confidence in the Company and its long-term growth prospects.&#8221;<\/p>\n<div>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\" class=\"prnbcc\">\n<tbody>\n<tr>\n<td class=\"prnpr2 prnpl2 prnsbtb0 prnrbrb0 prnsbbb0 prnsblb0\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><sup>[1]<\/sup> The percentage of the class of securities is calculated by dividing the number of shares beneficially owned by Mr. Xing Jin by all of the Company&#8217;s issued and outstanding Class A ordinary shares and Class B ordinary shares as a single class as of February 28, 2025.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p><b>About So-Young International Inc.<\/b><\/p>\n<p>So-Young International Inc. (Nasdaq: SY) (&#8220;So-Young&#8221; or the &#8220;Company&#8221;) is the leading aesthetic treatment platform in <span class=\"xn-location\">China<\/span> connecting consumers with online services and offline treatments. The Company provides access to aesthetic treatments through its online platform and branded aesthetic centers, offering curated treatment information, facilitating online reservations, delivering high-quality treatments, and developing, producing and distributing optoelectronic medical equipment and injectable products. With its strong brand recognition, digital reach, affordable treatments and efficient supply chain, So-Young is well-positioned to serve its audience over the long term and grow along the medical aesthetic value chain.<\/p>\n<p class=\"prntaj\"><b><span id=\"spanHghlt9f12\">Safe Harbor Statement<\/span><\/b><\/p>\n<p class=\"prntaj\"><span id=\"spanHghltf68b\">This announcement contains forward-looking statements. These statements are made under the &#8220;safe harbor&#8221; provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as &#8220;will,&#8221; &#8220;expects,&#8221; &#8220;anticipates,&#8221; &#8220;future,&#8221; &#8220;intends,&#8221; &#8220;plans,&#8221; &#8220;believes,&#8221; &#8220;estimates,&#8221; &#8220;confident&#8221; and similar statements. Statements that are not historical facts, including but not limited to statements about So-Young&#8217;s beliefs and expectations, are forward-looking statements. Forward looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company&#8217;s filings with the\u00a0Securities and Exchange Commission. All information provided in this press release is as of the date of the press release, and\u00a0So-Young\u00a0undertakes no duty to update such information, except as required under applicable law.<\/span><\/p>\n<p><b>For more information, please contact:<\/b><\/p>\n<p>So-Young<\/p>\n<p>Investor Relations<br \/>Ms. <span class=\"xn-person\">Mona Qiao<\/span><br \/>Phone: +86-10-8790-2012<br \/>E-mail: <a href=\"mailto:ir@soyoung.com\" target=\"_blank\" rel=\"nofollow\">ir@soyoung.com<\/a>\u00a0<\/p>\n<p>Christensen<\/p>\n<p>In <span class=\"xn-location\">China<\/span><br \/>Ms. <span class=\"xn-person\">Dee Wang<\/span><br \/>Phone: +86-10-5900-1548<br \/>E-mail: <a href=\"mailto:dee.wang@christensencomms.com\" target=\"_blank\" rel=\"nofollow\">dee.wang@christensencomms.com<\/a>\u00a0<\/p>\n<p>In US<br \/>Ms. <span class=\"xn-person\">Linda Bergkamp<\/span><br \/>Phone: +1-480-614-3004<br \/>Email: <a href=\"mailto:linda.bergkamp@christensencomms.com\" target=\"_blank\" rel=\"nofollow\">linda.bergkamp@christensencomms.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BEIJING, April 2, 2025 \/PRNewswire\/ &#8212; So-Young International Inc. (Nasdaq: SY) (&#8220;So-Young&#8221;\u00a0or the &#8220;Company&#8221;), the leading aesthetic treatment platform in China connecting consumers with online services and offline treatments, today announced that the Company had been informed by Mr. Xing Jin, the Company&#8217;s chairman of the board of directors, chief executive officer, and controlling shareholder, [&#8230;]\n","protected":false},"author":1,"featured_media":79226,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-66276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pr-newswire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.6 (Yoast SEO v21.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>So-Young International Inc. 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