BEIJING, Oct. 12,
2023 /PRNewswire/ -- So-Young International Inc.
(Nasdaq: SY) ("So-Young" or the "Company"), the largest and most
vibrant social community in China for consumers,
professionals and service providers in the medical aesthetics
industry, today announced that Mr. Min
Yu, Mr. Xuejian Li, Mr.
Charles Zhaoxuan Yang and Mr. Harry Jiannan
Wang have tendered their resignations as directors of the
Company for personal reasons, effective as of October 12, 2023.
The board of directors of the Company (the "Board") has approved
the appointment of Ms. Nan Shen as
an independent director of the Company where she will serve as the
chair of the audit committee and as a member of the compensation
committee and the nominating and corporate governance committee.
Ms. Nan Shen has served as the chief
financial officer of Gaotu Techedu Inc. (NYSE: GOTU) since
December 2018. Prior to joining Gaotu
Techedu Inc., Ms. Shen was the chief financial officer of China
Sinoedu Co., Ltd., running its VIE in Shandong Yingcai University,
from November 2017 to November 2018. Before that, Ms. Shen served
multiple positions at PricewaterhouseCoopers between February 2012 to November
2017, including the last position as assurance manager. From
September 2014 to July 2016, she was based in the Greater Michigan office of
PricewaterhouseCoopers. Prior to February
2012, Ms. Shen was an investment manager of Dalian Port & Shipping Industry Fund, where
she was also in charge of investor relations management. Ms. Shen
received her bachelor's and master's degrees in financial
management from Dongbei University of Finance and Economics in 2006
and 2009, respectively. Ms. Shen is a certified public accountant
in China.
Mr. Hui Zhao, the Company's chief
financial officer; Mr. Yang Yu, the
Company's chief technology officer; and Mr. Xiaodong Ying, the Company's chief growth
officer, have also been appointed as directors of the Company,
effective immediately. In addition, the Company's current
independent director Prof. Chao He
has been appointed as the chair of the compensation committee.
Mr. Xing Jin, co-founder and
chief executive officer of So-Young, commented, "I am excited to
welcome Mr. Hui Zhao, Mr.
Yang Yu, Mr. Xiaodong Ying and Ms. Nan Shen to the Board. Mr. Zhao, Mr. Yu and Mr.
Ying have been instrumental in driving the transformation of our
business over the past few quarters, reflecting the best of
So-Young's talent and vision. They also represent our commitment to
fostering internal growth and recognizing outstanding leadership.
Ms. Shen brings with her many years of international financial and
operational experience which I am confident will add significant
value to the Board. I'd also like to thank Mr. Min Yu, Mr. Xuejian
Li, Mr. Charles Zhaoxuan Yang and Mr. Harry Jiannan Wang for their years of service
and significant contributions to the Company and I wish them all
the best in their future endeavors."
About So-Young International Inc.
So-Young International Inc. is the largest and most vibrant
social community in China for
consumers, professionals and service providers in the medical
aesthetics industry. The Company presents users with reliable
information through offering high quality and trustworthy content
together with a multitude of social functions on its platform, as
well as by curating medical aesthetic service providers that are
carefully selected and vetted. Leveraging So-Young's strong brand
image, extensive audience reach, trust from its users, highly
engaging social community and data insights, the Company is
well-positioned to expand both along the medical aesthetic industry
value chain and into the massive, fast-growing consumption
healthcare service market.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates," "confident" and similar statements.
Statements that are not historical facts, including but not limited
to statements about So-Young's beliefs and expectations, are
forward-looking statements. Forward looking statements involve
inherent risks and uncertainties. Further information regarding
these and other risks is included in the Company's filings with the
Securities and Exchange Commission. All information provided in
this press release is as of the date of the press release, and
So-Young undertakes no duty to update such information, except as
required under applicable law.
For more information, please contact:
So-Young
Investor Relations
Ms. Vivian Xu
Phone: +86-10-8790-2012
E-mail: ir@soyoung.com
Christensen
In China
Mr. Eric Yuan
Phone: +86-10-5900-1548
E-mail: eric.yuan@christensencomms.com
In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: linda.bergkamp@christensencomms.com
View original
content:https://www.prnewswire.com/news-releases/so-young-announces-board-change-301954719.html
SOURCE So-Young International Inc.
