So-Young International Inc., the leading social community in China for consumers, professionals, and service providers in the medical aesthetics industry, has announced a change in its board of directors. Effective October 12, 2023, Mr. Min Yu, Mr. Xuejian Li, Mr. Charles Zhaoxuan Yang, and Mr. Harry Jiannan Wang have resigned from their positions as directors of the Company due to personal reasons.
The Board has approved the appointment of Ms. Nan Shen as an independent director of the Company. Ms. Shen will assume the role of chair of the audit committee and will also serve as a member of the compensation committee and the nominating and corporate governance committee. Ms. Shen has been the chief financial officer of Gaotu Techedu Inc. since December 2018, and she previously held executive positions at China Sinoedu Co., Ltd. and PricewaterhouseCoopers. She brings extensive financial and operational experience to the Board.
Additionally, the Company’s Chief Financial Officer, Mr. Hui Zhao, Chief Technology Officer, Mr. Yang Yu, and Chief Growth Officer, Mr. Xiaodong Ying, have been appointed as directors, effective immediately. Furthermore, Prof. Chao He, the current independent director, has been appointed as the chair of the compensation committee.
Mr. Xing Jin, co-founder and CEO of So-Young, expressed his excitement about the new appointments and welcomed Mr. Zhao, Mr. Yu, Mr. Ying, and Ms. Shen to the Board. He acknowledged their valuable contributions to the company’s business transformation and their embodiment of talent and vision. Mr. Jin also thanked the departing directors for their years of service and significant contributions, wishing them success in their future endeavors.