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新 氧 专业 医 美 先 搜 新 氧 So - Young Reports Unaudited First Quarter Financial Results May 19 , 2021 BEIJING , May 19 , 2021 ( GLOBE NEWSWIRE ) -- 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 its unaudited financial results for the first quarter ended March 31 , 2021 . First Quarter 2021 Financial Highlights • Total revenues were RMB359.6 million ( US $ 54.9 million¹ ) , an increase of 97.0 % from RMB182.6 million in the same period of 2020 and exceeding the high - end of the Company's previous guidance of RMB330 million . • Net loss was RMB46.3 million ( US $ 7.1 million ) , compared with a net loss of RMB35.9 million in the same period of 2020 . • Non - GAAP net loss² was RMB27.4 million ( US $ 4.2 million ) , compared with a non - GAAP net loss of RMB21.6 million in the same period of 2020 . First Quarter 2021 Operational Highlights • Average mobile MAUS were 8.4 million , an increase of 101.0 % from 4.2 million in the first quarter of 2020 . • Total number of users purchasing reservation service were 173.0 thousand , an increase of 123.3 % from 77.5 thousand in the first quarter of 2020 . • Number of paying medical service providers on So - Young's platform were 4,702 , an increase of 42.7 % from 3,295 in the first quarter of 2020 . • Number of medical service providers subscribing to information services on So - Young's platform were 2,191 , an increase of 17.7 % from 1,862 in the first quarter of 2020 . • Aggregate value of medical aesthetic treatment transactions facilitated by So - Young's platform was RMB880.1 million , an increase of 85.2 % from RMB475.3 million in the first quarter of 2020 . Mr. Xing Jin , Co - Founder and Chief Executive Officer of So - Young , commented , " We had a solid first quarter , kickstarting the year with revenues of RMB359.6 million , nearly doubling the revenues of the same period last year . During the quarter , we continued to improve the quality and reliability of our content offerings in order to increase user trust and user engagement . We also successfully executed on our strategy to increase conversion and retention rates while further expanding our network of high - quality medical service providers . Average mobile MAUS were 8.4 million , a 101.0 % increase year - over - year , and the number of paying medical service providers on our platform reached 4,702 , a 42.7 % increase from the same period last year . " Mr. Jin continued , " We are pleased to note a gradual return to normal in our industry from the COVID - 19 since the beginning of the year , with institutions shifting their focus from quantity to better quality of customers . We believe we are in a strong position to capitalize on this and deliver greater value to our shareholders over time . " Mr. Min Yu , Chief Financial Officer of So - Young , also commented , " We are seeing significant progress from our strategy of providing more value - added support to medical professionals and merchants by improving accuracy of client acquisition and helping increase reliability of their services , as well as creating competitive differentiation . We are confident that this will lead to increased customer stickiness and more monetization opportunities going forward . " First Quarter 2021 Financial Results Revenues Total revenues were RMB359.6 million ( US $ 54.9 million ) , an increase of 97.0 % from RMB182.6 million in the same period of 2020. The increase was primarily due to an increase in the number of paying medical service providers . • Information services revenues were RMB277.8 million ( US $ 42.4 million ) , an increase of 120.5 % from RMB126.0 million in the same period of 2020. The increase was mainly due to an increase in average revenue per paying medical service provider . • Reservation services revenues were RMB81.8 million ( US $ 12.5 million ) , an increase of 44.7 % from RMB56.5 million in