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home / news releases / YI - 111 Inc. (YI) Q4 2023 Earnings Call Transcript


YI - 111 Inc. (YI) Q4 2023 Earnings Call Transcript

2024-03-21 15:23:03 ET

111, Inc. (YI)

Q4 2023 Earnings Conference Call

March 21, 2024 07:30 ET

Company Participants

Junling Liu - Co-Founder, Chairman & Chief Executive Officer

Luke Chen - Chief Financial Officer of 111's Major Subsidiary

Conference Call Participants

Xipeng Feng - CIBC

Presentation

Operator

Hello, everyone and thank you for joining 111's Conference Call today.

On the call today from the company are Dr. Gang Yu, Co-Founder and Executive Chairman; Mr. Junling Liu, Co-Founder, Chairman and CEO; and Mr. Luke Chen, CFO of 111's major subsidiary; and Mr. Haihui Wang, COO. As a reminder, today's conference call is being broadcast live via webcast. The company's earnings press release was distributed earlier today and together with the earnings presentation are available on the company's IR website.

Before the conference call gets started, let me remind you that this call may contain forward-looking statements made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known and unknown risks, uncertainties and other factors, all of which would cause actual results to differ materially. For more information about these risks, please refer to the company's filings with the SEC. 111 does not undertake any obligation to update any forward-looking statements as a result of new information, future events or otherwise, except as required under applicable law. Please note that, all numbers are in RMB and all comparisons refer to year-over-year comparisons, unless otherwise stated. Please also refer to the earnings press release for detailed information of the comparative financial performance on a year-over-year basis.

With that, I will turn the call over to 111's CEO Mr. Junling Liu. Please go ahead.

Junling Liu

Good morning and good evening, everyone. Thank you for joining our Fourth Quarter 2023 Earnings Call. The information we'll be discussing is also available in the slides that were posted earlier today on the company's website. I encourage you to download the presentation, as well as the earnings report from our Investor Relations website at ir.111.com.cn.

As we gather here today, I'm reminded of the journey we've embarked on over the past year, a journey characterized by unprecedented challenges, yet remarkable resilience and innovation. In the ever-evolving landscape of healthcare, our team at 111 has not only navigated through those turbulent waters but has also set new benchmarks, proving that strategic agility and unwavering commitment are the bedrocks of our success....

For further details see:

111, Inc. (YI) Q4 2023 Earnings Call Transcript
Stock Information

Company Name: 111 Inc.
Stock Symbol: YI
Market: NASDAQ
Website: ir.111.com.cn

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