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    James Jiang Huang • Hofu Securities

    James Jiang Huang is a Vice President and Equity Analyst at Hofu Securities, specializing in technology and consumer sectors with deep coverage of companies such as Alibaba, Tencent, JD.com, and Meituan. He is recognized for his sharp stock recommendations, maintaining a success rate above 65% on platforms like TipRanks and generating average annualized portfolio returns in excess of 12%. Huang began his finance career at Citic Securities in 2014, later joining CICC, and has been with Hofu Securities since 2021. He holds FINRA Series 7 and Series 63 licenses, and has been commended for his forward-looking research and accuracy in forecasting earnings movements in major Chinese equities.

    James Jiang Huang's questions to So-Young International Inc (SY) leadership

    James Jiang Huang's questions to So-Young International Inc (SY) leadership • Q2 2025

    Question

    James Jiang Huang from Hofu Securities requested an update on the future development plans for So-Young's traditional Platform (POP) business.

    Answer

    Mona Qiao, Investor Relations, confirmed the POP business remains a key, high-margin pillar of profitability. Future plans focus on creating synergies with the expanding aesthetic center network. Traffic from the centers will be leveraged to generate demand for non-standardized procedures on the platform, supported by a more refined merchant rating system to improve traffic monetization and create incremental growth.

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