So-Young International Inc. Announces Share Purchase by Controlling Shareholder
So-Young International (Nasdaq: SY), China's leading aesthetic treatment platform, announced that its CEO and chairman Mr. Xing Jin, through Beauty & Health Holdings , has purchased 4,544,820 American depositary shares (ADSs) representing 3,496,015.38 Class A ordinary shares in the open market on March 31, 2025.
The purchase was made at US$0.90 per ADS, totaling US$4,090,338, using personal funds. This transaction increased Jin's beneficial ownership to 24.9% of the company's outstanding shares. The purchase was executed in accordance with Rule 10b-18 of the Securities Exchange Act of 1934.
The company's directors stated that the share purchase is not expected to materially impact So-Young's financial position or business operations. Jin expressed that this purchase reflects his continued confidence in the company's long-term growth prospects.
So-Young International (Nasdaq: SY), la principale piattaforma di trattamenti estetici in Cina, ha annunciato che il suo CEO e presidente, il sig. Xing Jin, attraverso Beauty & Health Holdings, ha acquistato 4.544.820 azioni di deposito americane (ADS) che rappresentano 3.496.015,38 azioni ordinarie di Classe A nel mercato aperto il 31 marzo 2025.
L'acquisto è stato effettuato a 0,90 US$ per ADS, per un totale di 4.090.338 US$, utilizzando fondi personali. Questa transazione ha aumentato la proprietà utile di Jin al 24,9% delle azioni in circolazione dell'azienda. L'acquisto è stato eseguito in conformità con la Regola 10b-18 del Securities Exchange Act del 1934.
I direttori dell'azienda hanno dichiarato che l'acquisto di azioni non dovrebbe avere un impatto materiale sulla posizione finanziaria o sulle operazioni commerciali di So-Young. Jin ha espresso che questo acquisto riflette la sua continua fiducia nelle prospettive di crescita a lungo termine dell'azienda.
So-Young International (Nasdaq: SY), la principal plataforma de tratamientos estéticos en China, anunció que su CEO y presidente, el Sr. Xing Jin, a través de Beauty & Health Holdings, ha adquirido 4,544,820 acciones de depósito americanas (ADS) que representan 3,496,015.38 acciones ordinarias de Clase A en el mercado abierto el 31 de marzo de 2025.
La compra se realizó a 0.90 US$ por ADS, totalizando 4,090,338 US$, utilizando fondos personales. Esta transacción aumentó la propiedad beneficiosa de Jin al 24.9% de las acciones en circulación de la empresa. La compra se ejecutó de acuerdo con la Regla 10b-18 de la Ley de Intercambio de Valores de 1934.
Los directores de la empresa declararon que la compra de acciones no se espera que impacte materialmente la posición financiera o las operaciones comerciales de So-Young. Jin expresó que esta compra refleja su continua confianza en las perspectivas de crecimiento a largo plazo de la empresa.
소영 인터내셔널 (Nasdaq: SY), 중국의 주요 미용 치료 플랫폼,은 CEO이자 회장인 Xing Jin씨가 Beauty & Health Holdings를 통해 4,544,820개의 미국 예탁주식(ADS)을 구매했다고 발표했습니다. 이는 2025년 3월 31일에 3,496,015.38개의 A급 보통주를 대표합니다.
이 구매는 ADS당 0.90달러에 이루어졌으며, 총 4,090,338달러에 달하며 개인 자금을 사용하였습니다. 이 거래로 Jin씨의 유익한 소유권은 회사의 발행 주식의 24.9%로 증가했습니다. 이 구매는 1934년 증권거래법의 규칙 10b-18에 따라 실행되었습니다.
회사의 이사들은 주식 구매가 소영의 재무 상태나 사업 운영에 실질적인 영향을 미치지 않을 것으로 예상한다고 밝혔습니다. Jin씨는 이 구매가 회사의 장기 성장 전망에 대한 그의 지속적인 신뢰를 반영한다고 표현했습니다.
So-Young International (Nasdaq: SY), la principale plateforme de traitement esthétique en Chine, a annoncé que son PDG et président, M. Xing Jin, à travers Beauty & Health Holdings, a acheté 4 544 820 actions de dépôt américaines (ADS) représentant 3 496 015,38 actions ordinaires de Classe A sur le marché ouvert le 31 mars 2025.
L'achat a été réalisé à 0,90 US$ par ADS, totalisant 4 090 338 US$, en utilisant des fonds personnels. Cette transaction a augmenté la propriété bénéfique de Jin à 24,9% des actions en circulation de l'entreprise. L'achat a été exécuté conformément à la règle 10b-18 de la loi sur les valeurs mobilières de 1934.
Les directeurs de l'entreprise ont déclaré que l'achat d'actions ne devrait pas avoir d'impact matériel sur la position financière ou les opérations commerciales de So-Young. Jin a exprimé que cet achat reflète sa confiance continue dans les perspectives de croissance à long terme de l'entreprise.
So-Young International (Nasdaq: SY), Chinas führende Plattform für ästhetische Behandlungen, gab bekannt, dass ihr CEO und Vorsitzender, Herr Xing Jin, über Beauty & Health Holdings 4.544.820 amerikanische Depotaktien (ADS) erworben hat, die 3.496.015,38 Stammaktien der Klasse A im offenen Markt am 31. März 2025 repräsentieren.
Der Kauf erfolgte zu einem Preis von 0,90 US$ pro ADS, was insgesamt 4.090.338 US$ ausmacht und aus eigenen Mitteln finanziert wurde. Diese Transaktion erhöhte Jins vorteilhafte Eigentümerschaft auf 24,9% der ausstehenden Aktien des Unternehmens. Der Kauf wurde gemäß Regel 10b-18 des Securities Exchange Act von 1934 durchgeführt.
Die Direktoren des Unternehmens erklärten, dass der Aktienkauf voraussichtlich keine wesentlichen Auswirkungen auf die finanzielle Lage oder die Geschäftstätigkeit von So-Young haben wird. Jin äußerte, dass dieser Kauf sein fortwährendes Vertrauen in die langfristigen Wachstumsaussichten des Unternehmens widerspiegelt.
- CEO's significant personal investment of $4.09M demonstrates insider confidence
- Increased insider ownership to 24.9% aligns management interests with shareholders
- Low ADS price of $0.90 indicates significant stock value decline
Insights
This substantial insider purchase by CEO Xing Jin represents a strong positive signal for So-Young International. The acquisition of 4,544,820 ADSs (worth
Insider purchases of this magnitude typically indicate that management believes the stock is undervalued relative to its growth prospects. The purchase price of
For context, this transaction represents approximately
Investors should view this development as an alignment of management interests with shareholders. When the person with the most intimate knowledge of company operations commits substantial personal funds, it typically signals confidence in the underlying business fundamentals beyond what may be visible to outside investors.
The directors of our Company do not expect that the Share Purchase will have any material adverse impact on the financial position and business operation of the Company. For more details, please refer to the Company's SEC filings, including an amended 13D/A of Mr. Xing Jin, available at https://www.sec.gov/Archives/edgar/data/1758530/000110465925030571/xslSCHEDULE_13D_X01/primary_doc.xml.
Mr. Xing Jin, chairman of the board of directors and chief executive officer of So-Young, commented, "this Share Purchase demonstrates my continued confidence in the Company and its long-term growth prospects."
[1] 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's issued and outstanding Class A ordinary shares and Class B ordinary shares as a single class as of February 28, 2025. |
About So-Young International Inc.
So-Young International Inc. (Nasdaq: SY) ("So-Young" or the "Company") is the leading aesthetic treatment platform in
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the
For more information, please contact:
So-Young
Investor Relations
Ms. Mona Qiao
Phone: +86-10-8790-2012
E-mail: ir@soyoung.com
Christensen
In
Ms. Dee Wang
Phone: +86-10-5900-1548
E-mail: dee.wang@christensencomms.com
In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: linda.bergkamp@christensencomms.com
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SOURCE So-Young International Inc.