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So-Young Regains Compliance with Nasdaq Minimum Bid Price Requirement

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So-Young International (Nasdaq: SY), China's leading aesthetic treatment platform, has successfully regained compliance with Nasdaq's minimum bid price requirement. The company received confirmation from Nasdaq on July 2, 2025, after maintaining a closing bid price of $1.00 or higher for its American depositary shares (ADSs) for 10 consecutive business days from June 17 to July 1, 2025.

This development resolves the compliance issue that began on August 28, 2024, when So-Young was initially notified of non-compliance. The company had received two compliance periods: an initial 180-day period until February 24, 2025, followed by an extension until August 25, 2025. With this requirement now met, Nasdaq has closed the matter.

So-Young International (Nasdaq: SY), principale piattaforma cinese per trattamenti estetici, ha riconquistato con successo la conformità al requisito minimo del prezzo di offerta di Nasdaq. L'azienda ha ricevuto la conferma da Nasdaq il 2 luglio 2025, dopo aver mantenuto un prezzo di chiusura di offerta di $1,00 o superiore per le sue azioni depositarie americane (ADS) per 10 giorni lavorativi consecutivi dal 17 giugno al 1 luglio 2025.

Questo sviluppo risolve il problema di conformità iniziato il 28 agosto 2024, quando So-Young era stata inizialmente notificata della non conformità. La società aveva ricevuto due periodi di conformità: un primo periodo di 180 giorni fino al 24 febbraio 2025, seguito da una proroga fino al 25 agosto 2025. Ora che il requisito è stato soddisfatto, Nasdaq ha chiuso la questione.

So-Young International (Nasdaq: SY), la principal plataforma estética de China, ha recuperado exitosamente el cumplimiento con el requisito mínimo del precio de oferta de Nasdaq. La compañía recibió la confirmación de Nasdaq el 2 de julio de 2025, tras mantener un precio de cierre de oferta de $1.00 o más para sus acciones depositarias americanas (ADS) durante 10 días hábiles consecutivos desde el 17 de junio hasta el 1 de julio de 2025.

Este avance resuelve el problema de cumplimiento que comenzó el 28 de agosto de 2024, cuando So-Young fue notificada inicialmente de la falta de cumplimiento. La empresa contó con dos períodos de cumplimiento: un primer período de 180 días hasta el 24 de febrero de 2025, seguido por una extensión hasta el 25 de agosto de 2025. Con este requisito ahora cumplido, Nasdaq ha cerrado el caso.

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So-Young International (Nasdaq : SY), principale plateforme esthétique en Chine, a réussi à se conformer de nouveau à l'exigence minimale du prix d'offre de Nasdaq. La société a reçu la confirmation de Nasdaq le 2 juillet 2025, après avoir maintenu un prix de clôture d'offre de 1,00 $ ou plus pour ses American Depositary Shares (ADS) pendant 10 jours ouvrables consécutifs, du 17 juin au 1er juillet 2025.

Cette évolution résout le problème de conformité débuté le 28 août 2024, lorsque So-Young avait été initialement notifiée de la non-conformité. La société avait bénéficié de deux périodes de conformité : une première période de 180 jours jusqu'au 24 février 2025, suivie d'une prolongation jusqu'au 25 août 2025. Maintenant que cette exigence est remplie, Nasdaq a clos le dossier.

So-Young International (Nasdaq: SY), Chinas führende Plattform für ästhetische Behandlungen, hat erfolgreich die Einhaltung der Mindestgebotspreisanforderung der Nasdaq wiedererlangt. Das Unternehmen erhielt am 2. Juli 2025 die Bestätigung von Nasdaq, nachdem es den Schlussgebotspreis von 1,00 USD oder höher für seine American Depositary Shares (ADS) an 10 aufeinanderfolgenden Handelstagen vom 17. Juni bis 1. Juli 2025 gehalten hatte.

Diese Entwicklung löst das Compliance-Problem, das am 28. August 2024 begann, als So-Young erstmals über die Nichteinhaltung informiert wurde. Das Unternehmen erhielt zwei Compliance-Perioden: eine anfängliche 180-Tage-Frist bis zum 24. Februar 2025, gefolgt von einer Verlängerung bis zum 25. August 2025. Da die Anforderungen nun erfüllt sind, hat Nasdaq die Angelegenheit abgeschlossen.

Positive
  • Successfully regained Nasdaq listing compliance ahead of August 25, 2025 deadline
  • Maintained ADS price above $1.00 for required period, demonstrating market confidence
  • Avoided potential delisting risk, ensuring continued access to U.S. capital markets
Negative
  • Previously faced delisting risk due to extended period of low share price
  • Required maximum extension period to achieve compliance

BEIJING, July 3, 2025 /PRNewswire/ --ÌýSo-Young International Inc. (Nasdaq: SY) ("So-Young"Ìýor the "Company"), the leading aesthetic treatment platform in China connecting consumers with online services and offline treatments,Ìýtoday announced that it has received a written compliance notification from the staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") dated July 2, 2025, notifying the Company that it has regained compliance with the minimum bid price of US$1.00 per share requirement set forth under the Nasdaq Listing Rule 5450(a)(1) (the "Minimum Bid Price Requirement").

As previously announced, on August 28, 2024, the Company was notified by Nasdaq that the Company was not in compliance with the Minimum Bid Price Requirement, as the closing bid price of the Company's American depositary shares ("ADSs") was below US$1.00 per share for 30 consecutive business days. The Company was provided with a compliance period of 180 calendar days, or until February 24, 2025, to regain compliance under the Minimum Bid Price Requirement. On February 25, 2025, Nasdaq granted the Company an extended period of 180 calendar days, or until August 25, 2025, to regain compliance with the Nasdaq's Minimum Bid Price Requirement.

On July 2, 2025, Nasdaq determined that for the last 10 consecutive business days, from June 17 to July 1, 2025, the closing bid price of the Company's ADSs has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with the Minimum Bid Price Requirement, and Nasdaq considers this matter now closed.

About So-Young International Inc.

So-Young International Inc. (Nasdaq: SY) ("So-Young" or the "Company") is the leading aesthetic treatment platform in China connecting consumers with online services and offline treatments. The Company provides access to aesthetic treatments through its online platform and branded aesthetic centers, offering curated treatment information, facilitating online reservations, delivering high-quality treatments, and developing, producing and distributing optoelectronic medical equipment and injectable products. With its strong brand recognition, digital reach, affordable treatments and efficient supply chain, So-Young is well-positioned to serve its audience over the long term and grow along the medical aesthetic value chain.

Safe Harbor StatementÌý

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. Mona Qiao
Phone: +86-10-8790-2012
E-mail: [email protected]Ìý

Christensen

In China
Ms. Charlie Chi
Phone: +86-10-5900-1548
E-mail: [email protected]Ìý

In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: [email protected]Ìý

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SOURCE So-Young International Inc.

FAQ

When did So-Young (NASDAQ:SY) regain Nasdaq compliance?

So-Young regained Nasdaq compliance on July 2, 2025, after maintaining its ADS price above $1.00 from June 17 to July 1, 2025.

What was the minimum share price requirement for So-Young to maintain Nasdaq listing?

So-Young needed to maintain a minimum bid price of $1.00 per ADS for at least 10 consecutive business days to meet Nasdaq's listing requirements.

How long was So-Young (NASDAQ:SY) given to regain compliance?

So-Young received an initial 180-day period until February 24, 2025, and an additional 180-day extension until August 25, 2025 to regain compliance.

What happens now that So-Young has regained Nasdaq compliance?

Nasdaq has confirmed that the compliance matter is now closed, and So-Young will continue to trade normally on the exchange without risk of delisting due to minimum bid price requirements.
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