Jim Tang's questions to So-Young International Inc (SY) leadership • Q4 2024
Question
Jim Tang of CITIC Securities asked for an overview of So-Young's strategy for its upstream business, particularly concerning the integration of its subsidiary, Miracle Laser.
Answer
CEO Xing Jin stated that the full integration of Miracle Laser is a core part of the upstream business strategy. The plan focuses on three key areas: 1) enhancing R&D to create innovative, high-end products tailored to market needs; 2) ensuring a seamless integration of the Miracle Laser and So-Young teams to improve efficiency; and 3) leveraging the combined capabilities to provide a stable, high-quality product supply to So-Young's own network of aesthetic centers, which will in turn enhance their service quality and competitiveness.