So-Young Extends Timeline for ADS Ratio Change Implementation

SY
November 01, 2025

So-Young International Inc. is amending the effective date for its previously announced plan to change the ratio of its American depositary shares (ADSs) to Class A ordinary shares. The change, which is equivalent to a proportional reverse ADS split, was originally scheduled to take effect on June 30, 2025.

The company has decided to take additional time to finalize preparations for the ADS ratio change. An updated timeline for the implementation will be announced once it becomes available.

The ADS ratio change will still result in an effect equivalent to a proportional reverse ADS split for ADS holders, with no change to the company's Class A ordinary shares. The ADSs will continue to trade on Nasdaq under the symbol "SY."

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