So-Young International Inc. announced that its chairman of the board, chief executive officer, and controlling shareholder, Mr. Xing Jin, purchased 4,544,820 American depositary shares (ADSs) on March 31, 2025. The purchase was made through Beauty & Health Holdings Limited, a company controlled by Mr. Jin, using personal funds.
The ADSs were acquired at a price of US$0.9 per ADS, amounting to a total aggregate purchase price of US$4,090,338. This transaction increased Mr. Xing Jin's total beneficial ownership to 24.9% of the company's outstanding shares.
The company's directors do not anticipate any material adverse impact on So-Young's financial position or business operations from this share purchase. Mr. Jin stated that the purchase demonstrates his continued confidence in the company and its long-term growth prospects.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.