#China #Beijing #SEC Filing #So-Young #Aesthetic Treatments

So-Young International Inc. Files Annual 20-F Report

On April 18, 2025, So-Young International Inc. (NASDAQ: SY) confirmed the submission of its annual report on Form 20-F for the fiscal year ending December 31, 2024. The report was filed with the U.S. Securities and Exchange Commission (SEC), marking a significant transparency milestone for the leading aesthetic treatment platform in China.

So-Young, known for effectively connecting consumers with both online and offline aesthetic treatment services, provides a comprehensive summary of its business performance and strategic outlook in the report. Investors and stakeholders can access the full document via the company's investor relations website at So-Young IR. Moreover, a hard copy containing the audited consolidated financial statements will be available to shareholders and American Depositary Share (ADS) holders upon request, emphasizing So-Young's commitment to accessible corporate governance.

Founded as a digital platform, So-Young International has grown to offer a variety of aesthetic treatments through its advanced online platforms and branded aesthetic centers. The company’s dual approach combines curated information with user-friendly online reservations, delivering quality treatment options that cover a wide range of aesthetic needs. This user-centric model positions So-Young as a leader in the fast-evolving medical aesthetics industry.

As per the latest data articulated in their Form 20-F, So-Young's comprehensive network includes both consumers and premium service providers, showcasing a robust drive for sustainable growth. The report discusses key financial metrics pertaining to revenue growth and user engagement, underscoring the company’s strategic focus. This year also highlights impressive metrics revolving around user retention and platform usage, illustrating that So-Young continues to attract and maintain a robust user base despite the competitive landscape.

Forward-looking statements included in the report offer insights into So-Young’s anticipated strategic roadmap. The management expresses confidence in the company's ability to expand within the market via innovation in service offerings and enhancements to customer experience. They emphasize the importance of forging partnerships with medical service providers to broaden their treatment catalog and enrich user experiences even further.

Investors are advised that certain information contained within the filing is forward-looking in nature and may be impacted by various external factors. It’s crucial for stakeholders to understand the inherent risks associated with market fluctuations, competitive dynamics, and the regulatory landscape in China. The ongoing development of local policies related to online medical aesthetic services represents both an opportunity and a challenge, necessitating strategic agility from So-Young.

Additionally, the company is keenly aware of the external economic environment, as global economic conditions and local consumer behavior remain pivotal to its operational success. The monthly performance reports and quarterly updates reinforce So-Young’s commitment to transparency and investor relations while navigating these complexities.

In conclusion, the filing of the 20-F report is not only a statutory requirement but also a strategic move to bolster investor confidence and transparency. As So-Young International Inc. continues to innovate and scale its operations within the burgeoning aesthetics market, stakeholder engagement and informed investment decisions will be fundamental in driving future growth potential.

For any inquiries regarding the report or corporate performance, So-Young's Investor Relations team remains accessible via email at mona.q[email protected] and phone at +86-10-8790-2012. International investors can also reach out to specific representatives in both China and the United States for further assistance.