Core Viewpoint - The company announced a cash dividend distribution plan based on its financial performance for the first half of 2025, reflecting a commitment to returning value to shareholders while maintaining compliance with regulatory requirements [1][2]. Summary by Sections Profit Distribution Plan - The company will distribute a cash dividend of 0.80 RMB per share (including tax), with no capital reserve conversion or bonus shares issued [1]. - The total number of shares for the distribution is based on the company's total share capital as of June 30, 2025, which is 396,247,646 shares, excluding 2,210,825 shares held in the company's repurchase account [1]. - The total cash dividend payout is expected to be 315,229,456.80 RMB (including tax), which represents 39.48% of the net profit attributable to shareholders in the consolidated financial statements [1]. Decision-Making Process - The company's board of directors approved the profit distribution plan during the sixth meeting of the fourth board on August 25, 2025, with a unanimous vote of 5 in favor and no opposition [2]. - The supervisory board agreed that the profit distribution plan accurately reflects the company's operational performance for the first half of 2025 and complies with relevant laws and regulations [2]. Future Adjustments - If there are changes in the total share capital due to convertible bonds before the record date for the dividend distribution, the company plans to maintain the per-share distribution ratio while adjusting the total payout accordingly [2].

证券代码：603605 证券简称：珀莱雅 公告编号：2025-040 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、董事会会议召开情况 珀莱雅化妆品股份有限公司（以下简称"公司"）第四届董事会第六次会议 通知于 2025 年 8 月 15 日以电子邮件方式送达全体董事，本次会议于 2025 年 8 月 25 日在公司会议室以现场方式召开。本次会议由董事长侯军呈先生主持，会 议应出席董事 5 人，实际出席董事 5 人，公司监事、高级管理人员等列席本次会 议。本次董事会会议的召集、召开符合《中华人民共和国公司法》 （以下简称"《公 司法》"）、 债券代码：113634 债券简称：珀莱转债 珀莱雅化妆品股份有限公司 关于第四届董事会第六次会议决议的公告 《珀莱雅化妆品股份有限公司章程》 《2025 年半年度报告》及于指定信息披露媒体披露的《2025 年半年度报告摘要》。 表决结果：同意 5 票、反对 0 票、弃权 0 票。 （二）审议通过《关于公司 2025 年半年度募集资金存放与实际使用情况的 专项报告》 具体内容详见公司同 ...

证券代码：603605 证券简称：珀莱雅 公告编号：2025-041 债券代码：113634 债券简称：珀莱转债 珀莱雅化妆品股份有限公司 关于第四届监事会第五次会议决议的公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、监事会会议召开情况 珀莱雅化妆品股份有限公司（以下简称"公司"）第四届监事会第五次会议 通知于 2025 年 8 月 15 日以电子邮件方式送达全体监事，本次会议于 2025 年 8 月 25 日在公司会议室以现场方式召开。本次会议由监事会主席侯露婷女士主持， 会议应出席监事 3 人，实际出席监事 3 人。本次监事会会议的召集、召开符合《中 华人民共和国公司法》（以下简称"《公司法》"）、《珀莱雅化妆品股份有限 公司章程》（以下简称"《公司章程》"）的有关规定，决议内容合法有效。 二、监事会会议审议情况 （一）审议通过《公司 2025 年半年度报告及其摘要》 监事会认为： （1）公司严格按照会计准则规范运作，《公司 2025 年半年度报告》全文及 其摘要公允地反映了 2025 年半年度的财务状况和经营 ...

证券代码：603605 证券简称：珀莱雅 公告编号：2025-049 债券代码：113634 债券简称：珀莱转债 珀莱雅化妆品股份有限公司 关于召开2025年第一次临时股东大会的通知 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： (二)股东大会召集人：董事会 召开的日期时间：2025 年 9 月 11 日 14 点 30 分 召开地点：杭州市西湖区西溪路 588 号珀莱雅大厦 9 楼会议室 (五)网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 (七)涉及公开征集股东投票权 无 二、 会议审议事项 本次股东大会审议议案及投票股东类型 投票股东类型 网络投票起止时间：自2025 年 9 月 11 日 至2025 年 9 月 11 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东大会召开当日的交易时间段，即 9:15-9:25，9:30-11:30，13:00-15:00；通 过互联网投票平台的投票时间为股东大会召开当日的 9:15-15:00。 ( ...

Core Viewpoint - The company has announced its 2025 "Quality Improvement and Efficiency Enhancement" action plan, focusing on enhancing operational quality, increasing investor returns, and accelerating the development of new productive forces [1][3][5]. Group 1: Enhancing Operational Quality - The company is committed to steady operations and strengthening strategic execution to improve operational quality and core competitiveness, while advancing digital transformation [1]. - The company has established a diversified brand matrix and omnichannel layout, optimizing its core product offerings to enhance brand, product, and technological strength [2]. - The main brand, "Polaire," focuses on consumer needs, launching innovative products in response to high-growth demands and trends in medical aesthetics [2]. Group 2: Increasing Investor Returns - The company emphasizes a stable profit distribution policy, having distributed a total of 1.81 billion yuan in cash dividends from 2017 to 2024, with annual dividends exceeding 30% of net profit [3]. - The company plans to distribute a cash dividend of 1.19 yuan per share, totaling approximately 468.90 million yuan, which represents 39.48% of the net profit for the first half of 2025 [4]. Group 3: Accelerating Development of New Productive Forces - The company is focused on technological innovation, establishing a complete innovation chain from basic research to clinical application, and enhancing its global R&D system [5]. - As of June 30, 2025, the company holds 124 national invention patents and has successfully applied various innovations in its product lines [5]. Group 4: Strengthening Investor Communication - The company is enhancing investor communication through various channels, including regular performance briefings and interactive platforms, to address investor concerns and improve understanding [6]. - The company has committed to high-quality information disclosure, continuously optimizing the content and transparency of its disclosures [6]. Group 5: Ensuring Compliance and Governance - The company is improving its internal control systems and governance structure to enhance decision-making and operational compliance [7]. - The company is focusing on the responsibilities of key personnel, ensuring they are well-informed about regulatory updates and enhancing their compliance awareness [8]. Group 6: Ongoing Evaluation and Commitment - The company will continue to evaluate the specific measures of the "Quality Improvement and Efficiency Enhancement" action plan and fulfill its disclosure obligations [8].

《上海证券交易所 证券代码：603605 证券简称：珀莱雅 公告编号：2025-048 债券代码：113634 债券简称：珀莱转债 珀莱雅化妆品股份有限公司 关于筹划发行H股股票并在香港联合交易所有限公司 上市的提示性公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 珀莱雅化妆品股份有限公司（以下简称"公司"）第四届董事会第六次会议 于2025年8月25日审议通过了《关于筹划发行H股股票并在香港联合交易所有限公 司上市的议案》，为加快公司的国际化战略和海外业务发展，增强公司的境外融 资能力，进一步提高公司的综合竞争力，根据公司总体发展战略及运营需要，公 司拟发行境外上市股份（H 股）并在香港联合交易所有限公司主板挂牌上市（以 下简称"本次发行"）。 根据《中华人民共和国公司法》 《中华人民共和国证券法》 珀莱雅化妆品股份有限公司 董 事 会 股票上市规则》 《境内企业境外发行证券和上市管理试行办法》 《香港联合交易所 有限公司证券上市规则》等法律、法规和规范性文件的要求，待确定具体方案后， 本次发行尚需视情况提交公司董事会 ...

2025.08.26 8月26日晚间，沪深两市多家上市公司发布公告，以下是第一财经对一些重要公告的汇总，供投资者参 考。 【品大事】 浙文影业：独立董事刘静被留置 浙文影业公告，公司独立董事刘静已被相关监察机关实施留置，所涉事项与公司无关。刘静不参与公司 日常生产经营管理工作，公司其他董事、监事及高级管理人员均正常履职，生产经营及管理一切正常。 中国石油股份：拟400.16亿元收购三家储气库公司全部股权 中国石油股份在港交所公告，董事会于2025年8月26日通过决议，批准受让方与转让方拟签署收购合 同，拟收购标的公司全部股权。收购合同项下的合计代价为人民币400.16亿元（不含税费）。其中，新 疆储气库收购合同项下的代价为人民币170.66亿元，相国寺储气库收购合同项下的代价为人民币99.95亿 元，辽河储气库收购合同项下的代价为人民币129.55亿元。该代价按评估师的初步评估值为基准。 必易微：拟以2.95亿元现金收购上海兴感半导体100%股权 必易微公告，公司拟以自有或自筹资金2.95亿元收购上海兴感半导体有限公司100%股权。交易完成 后，兴感半导体将成为公司全资子公司。本次交易不涉及关联交易，不构成重 ...

Core Viewpoint - The company Proya, a leading domestic beauty brand, is planning to issue H-shares and list on the Hong Kong Stock Exchange to boost its capital amid slowing growth rates in revenue and net profit [2][5][6]. Financial Performance - Proya's revenue for the first half of 2025 increased by 7.21% to 5.362 billion yuan, while net profit rose by 13.80% to 799 million yuan [3][5]. - The sales net profit margin improved to 15.41%, and the gross profit margin was 73.38% [3][5]. - The highest growth was seen in the hair care category, which surged by 131.25%, while the beauty makeup category grew by 25.79% [3][4]. Dividend Announcement - Proya announced a record cash dividend plan, proposing a distribution of 8 yuan per 10 shares, totaling approximately 315 million yuan [4][5]. - This dividend represents nearly 40% of Proya's net profit for the first half of 2025, bringing the total dividends since its listing in 2017 to over 2.1 billion yuan [5]. H-Share Listing Plans - The company is planning to issue H-shares to enhance its capital strength and competitiveness, aiming for international capital and brand recognition [5][6]. - The potential benefits of listing in Hong Kong include opportunities for capital internationalization, governance standardization, and global brand expansion [5][6]. Market Competition and Growth Potential - Despite being a leader in the domestic skincare market, Proya faces intense competition from international brands and emerging domestic brands [7]. - The global cosmetics market is projected to reach $446.43 billion by 2025, with a compound annual growth rate of 5.5%, indicating significant growth opportunities for Proya in overseas markets [7].

Investment Rating - The report maintains a "Buy" rating for the company [2] Core Insights - The company's performance met expectations, with profit growth outpacing revenue growth. In H1 2025, total revenue reached 5.362 billion yuan (up 7.21% YoY), and net profit attributable to shareholders was 799 million yuan (up 13.80% YoY) [7] - The company is planning a Hong Kong stock listing to accelerate international development and enhance overseas financing capabilities [7] - The new management strategy has shown initial results, with over 10 new products launched in the first half of 2025, expanding into new categories such as whitening and medical beauty [7] Financial Summary - Total revenue projections for 2025 are estimated at 11.854 billion yuan, with a YoY growth rate of 10.0% [6] - The net profit attributable to shareholders is projected to be 1.756 billion yuan in 2025, reflecting a YoY growth rate of 13.1% [6] - The gross margin for H1 2025 was reported at 73.4%, an increase of 3.6 percentage points YoY, while the net profit margin was 15.4%, up 0.9 percentage points YoY [7]

Core Viewpoint - The company reported a revenue of 5.362 billion yuan for the first half of 2025, representing a year-on-year growth of approximately 7.21%, and a net profit attributable to shareholders of 799 million yuan, reflecting a year-on-year increase of about 13.80% [1][4]. Group 1: Financial Performance - The company achieved a revenue of 5.362 billion yuan in the first half of 2025, which is a year-on-year increase of approximately 7.21% [1][4]. - The net profit attributable to shareholders reached 799 million yuan, marking a year-on-year growth of about 13.80% [1][4]. - The company plans to distribute a cash dividend of 8 yuan per 10 shares (including tax), amounting to a total cash dividend of approximately 315 million yuan [1][4]. Group 2: Business Strategy and Operations - The revenue growth in the first half of the year was primarily driven by an increase in online channel sales [4]. - The company is focused on building a new domestic cosmetics industry platform, engaging in the research, production, and sales of cosmetic products under various brands [5]. - The company operates mainly through online channels, utilizing direct sales and distribution models on platforms such as Tmall, Douyin, JD.com, Kuaishou, and Pinduoduo, while also maintaining offline sales through distributors [5]. Group 3: Market Activity - On August 26, the company's stock price increased by 3.9%, closing at 91.99 yuan per share, with a total market capitalization of 36.429 billion yuan [5]. - The company announced plans to issue overseas listed shares (H-shares) and list on the Hong Kong Stock Exchange, with discussions ongoing regarding the details of the issuance [5].