So-Young International Inc. Announces Share Purchase by Controlling Shareholder

BEIJING, April 2, 2025 /PRNewswire/ -- So-Young International Inc. (Nasdaq: SY) ("So-Young" or the "Company"), 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's chairman of the board of directors, chief executive officer, and controlling shareholder, that on March 31, 2025, Beauty & Health Holdings Limited, a company incorporated in the British Virgin Islands and controlled by Mr. Xing Jin, purchased a total of 4,544,820 American depositary shares ("ADSs") representing 3,496,015.38 Class A ordinary shares of the Company in the open market in accordance with Rule 10b-18 of the Securities Exchange Act of 1934, as amended, using personal funds (the "Share Purchase"). This increases Mr. Xing Jin's total beneficial ownership to 24.9 % of the Company's outstanding shares^[1]. The ADSs were purchased at a price of US$ 0.9 per ADS, for a total aggregate purchase price of US$ 4,090,338.

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