珀莱雅:珀莱雅化妆品股份有限公司2025年半年度报告(英文版)

Important Notes
I. The Board of Directors, Board of Supervisors, directors, supervisors and senior management
of the Company warrant that the content of the Semi-Annual Report is authentic, accurate and
complete, free from false records, misleading statements and major omissions, and shall be jointly
and severally liable therefore.
II. All directors of the Company attended the meeting of the Board of Directors.
III. The Semi-Annual Report has not been audited.
IV. HOU Juncheng, chairman of the Company, and HOU Yameng, CFO, and Ma Nan, person in
charge of Accounting Department (and Head of the Accounting Department) of the Company
represent and warrant that the financial report in the Semi-Annual Report is authentic, accurate
and complete.
V. The profit distribution plan or the plan for capitalization of capital reserves for the Reporting
Period approved by the Board of Directors
The Company proposes to distribute a cash dividend of RMB8.00 (tax inclusive) for every 10 shares to all
registeredshareholdersbasedonthetotalsharecapital(excludingthesharesheldintheCompany’s special
securities account for repurchase) as of the equity registration date for the implementation of the profit
distribution. Basedon thetotalshare capitalof396,247,646 shares asofJune 30, 2025,and after deducting
2,210,825 shares held in the Company’s special securities account for repurchase, the estimated aggregate
cashdividendtobedistributedwillbeRMB315,229,456.80(taxinclusive).Nocapitalizationofthecapital
reserve into share capital and no bonus shares will be implemented. Prior to the equity registration date
for the implementation of the profit distribution, if the Company’s total share capital changes due to the
conversion of convertible bonds or other reasons, the distribution ratio per share will remain unchanged,
and the total distribution amount will be adjusted accordingly.
VI. Disclosure of risks involved in forward-looking statements
"√ Applicable" "□ Not applicable"
The Report contains forward-looking statements which involve the future plans, development strategies,
etc. of the Company, yet do not constitute substantive undertakings of the Companyto investors. Investors
should exercise caution prior to making investment decisions.
VII. Whether there is any non-operating capital occupation by a controlling shareholder and other
related parties
No
VIII. Whetherthereisanyexternalguaranteeprovidedinviolationofspecifieddecision-makingprocedures
No
IX. Whether the majority of the directors are unable to warrant the authenticity, accuracy and
completeness of the Semi-Annual Report disclosed by the Company
No
X. Disclosure of major risks
The Company has disclosed the existing risks in details in this Report. Refer to “(I) Possible risks”, “V.
Other Disclosures”, “Section III Management Discussion and Analysis”.
XI. Others
"□ Applicable" "√Not applicable"

CONTENTS

Section I Definitions...... 5
Section II Company Profile and Key Financial Indicators ...... 5
Section III Management Discussion and Analysis ...... 8
Section IV Company Governance, Environment, and Society...... 29
Section V Important Matters...... 32
Section VI Shareholders and Changes in Shares...... 66
Section VII Information on Bonds...... 73
Section VIII Financial Report......79
List of Financial statements signed and sealed by the Legal Representative, CFO, and person in
Documents charge of Accounting Department of the Company
Available Original copies of all documents and announcements of the Company disclosed during the
for Reporting Period in newspapers designated by China Securities Regulatory Commission
Inspection

Section I Definitions
In this Report, unless the context otherwise requires, the following terms have the following meanings:
Definition
Proya Cosmetics, this Company, or the refers to Proya Cosmetics Co., Ltd.
Company
CSRC refers to China Securities Regulatory Commission
SSE refers to Shanghai Stock Exchange
Articles of Association refers to Articles of Association of Proya Cosmetics
Co., Ltd.
RMB/RMB '0,000 refers to RMB/RMB '0,000
Section II Company Profile and Key Financial Indicators
I. Company Information
Chinese name of the Company 珀莱雅化妆品股份有限公司
Abbreviation of the Chinese name 珀莱雅
English name of the Company Proya Cosmetics Co., Ltd.
Abbreviation of the English name Proya
Legal representative of the Company HOU Juncheng
II. Contact Details
Board Secretary SecuritiesAffairs Representative
Name HOU Juncheng WANG Xiaoyan
10/F, Proya Building, No. 588 10/F, Proya Building, No. 588
Mailing address