内容概要：A醇，化学名视黄醇，是维生素A家族的一员，分子式为C₂₀H₃₀O。从化学结构上看，它由 一个β-紫罗兰酮环和一个不饱和侧链组成，这种特殊结构赋予它强大的生物活性。作为护肤品中的"明 星"成分，A醇一直以来都因其强大的抗衰、控油等功效而备受推崇。随着抗衰理念的持续渗透，以及 银发经济的崛起，抗衰老成为消费者选择护肤品的首要考虑因素。在2024年中国消费者使用护肤品的最 主要诉求调查中，抗皱抗衰老位居第一，占比接近六成。其次，美白祛斑、保湿锁水等功效也是日常所 需。对于需求明确的消费者来说，具有抗皱抗衰老这一类功效型护肤品更受消费者喜爱。受益于抗衰老 需求的持续增长及功效护肤理念的深化，近年来中国A醇护肤品市场迅速崛起，成为功效护肤赛道中的 高关注细分领域。A醇护肤品正从专业小众市场向大众消费领域加速渗透，行业呈现技术迭代加速、产 品矩阵多元化及市场集中度提升的显著特征。2020-2024年期间，中国A醇护肤品行业规模从38.8亿元增 长至57.2亿元，年复合增长率达10.2%。未来行业规模将继续保持增长态势，预计到2030年中国A醇护 肤品市场规模将超90亿元。在中国市场，A醇护肤品的商业化应用起步较 ...

Core Viewpoint - The stock of Proya Cosmetics has shown a mixed performance, with a year-to-date decline of 17.12% but a recent uptick in trading activity, indicating potential investor interest amidst fluctuating market conditions [1][2]. Financial Performance - For the period from January to September 2025, Proya achieved a revenue of 7.098 billion yuan, reflecting a year-on-year growth of 1.89%, while the net profit attributable to shareholders was 1.026 billion yuan, up by 2.65% [2]. - Cumulatively, Proya has distributed 2.125 billion yuan in dividends since its A-share listing, with 1.540 billion yuan distributed over the past three years [3]. Shareholder Structure - As of September 30, 2025, Proya had 84,100 shareholders, an increase of 39.53% from the previous period, with an average of 4,708 circulating shares per shareholder, down by 28.23% [2]. - The top ten circulating shareholders include significant institutional investors, with Hong Kong Central Clearing Limited holding 27.1106 million shares, a decrease of 20.4089 million shares from the previous period [3].

Core Viewpoint - The company emphasizes that its stock price fluctuations are influenced by various factors, and its operational management activities are normal [1] Group 1: Company Operations - The company is focused on improving quality and maintaining stable operations while solidifying a diversified brand matrix and an omnichannel layout [1] - The company is committed to enhancing investor communication by regularly holding performance briefings and promptly addressing investor concerns [1] Group 2: Investor Returns - The company actively seeks to reward investors by increasing the frequency and proportion of dividends, thereby enhancing investor return levels and satisfaction [1] - The company aims to continuously improve its operational management to boost core competitiveness and profitability, further enhancing investment value and shareholder return capabilities [1]

证券日报网讯12月18日，珀莱雅（603605）在互动平台回答投资者提问时表示，公司严格按照监管要求 及时履行信息披露义务，不存在应披露而未披露的事项。公司以提高公司质量为基础，坚持稳健经营， 夯实多元化品牌矩阵和全渠道布局；持续加强投资者沟通，常态化召开业绩说明会，及时回应投资者关 切；积极回报投资者，提高分红频次和分红比例，增强投资者回报水平和获得感。公司将持续做好经营 管理工作，提高公司核心竞争力和盈利能力，进一步提升公司投资价值和股东回报能力。 ...

证券日报网讯 12月18日，珀莱雅在互动平台回答投资者提问时表示，公司重视投资者回报，坚持稳健 经营，公司将持续在公司治理、日常经营等相关事项决策中充分考虑投资者利益和回报，增强投资者回 报水平和获得感。 （编辑 丛可心） ...

证券日报网讯12月18日，珀莱雅（603605）在互动平台回答投资者提问时表示，公司股价波动受多重因 素的影响，公司将持续做好经营管理工作，坚持稳健经营，强化公司战略执行，夯实多元化品牌矩阵和 全渠道布局，持续打造与优化核心大单品矩阵，提高品牌力、产品力、科技力，促进公司稳健高质量发 展。有关信息请以公司在上海证券交易所网站披露的信息为准。 ...

Core Viewpoint - The company, Proya (603605), emphasizes its commitment to enhancing operational management, core competitiveness, and profitability to increase investment value and shareholder returns [1] Group 1 - The company will continue to focus on improving operational management [1] - The company aims to enhance its core competitiveness and profitability [1] - The company is dedicated to increasing investment value and shareholder return capabilities [1]

Group 1 - The company is enhancing investor communication by regularly holding performance briefings with management present to engage with investors [2] - During these briefings, the company addresses operational results, development strategies, and financial metrics, actively responding to investor concerns [2]

证券日报网讯 12月18日，珀莱雅在互动平台回答投资者提问时表示，公司严格按照监管要求及时履行 信息披露义务，不存在应披露而未披露的事项；基于对公司发展前景的坚定信心及对公司长期投资价值 的认可，公司已制定并开展了多项提质增效措施。目前公司经营发展态势稳健，业务战略稳步推进，公 司自有品牌已覆盖大众精致护肤、彩妆、洗护、高功效护肤等美妆领域。有关信息请以公司在上海证券 交易所网站披露的信息为准。 （编辑 任世碧） ...

证券日报网讯12月18日，珀莱雅（603605）在互动平台回答投资者提问时表示，公司在公司治理、日常 经营等相关事项决策中充分考虑投资者利益和回报，2025年10月，公司完成2025年半年度权益分派，进 一步提高分红频次和分红比例，增强投资者回报水平和获得感。公司将持续通过良好的业绩表现、规范 的公司治理，积极回报投资者，推动公司高质量发展。有关信息请以公司在上海证券交易所网站披露的 信息为准。 ...