Yatsen Holding Limited (NYSE:YSG) Q3 2025 Earnings Call Transcript

Yatsen Holding Limited (NYSE:YSG) Q3 2025 Earnings Call Transcript November 17, 2025

Operator: Ladies and gentlemen, good day, and welcome to the Yatsen Holding Limited Third Quarter 2025 Earnings Conference Call. Today’s conference is being recorded. At this time, I would like to turn the conference over to Ms. Irene Lyu, Vice President, Head of Strategic Investment and Capital Markets. Please go ahead.

Irene Lyu: Thank you, operator. Please note that discussion today will contain...