Proya(SH:603605) Di Yi Cai Jing·2025-08-26 13:28Group 1 - The beauty industry in China is experiencing a capital acceleration process since 2025, despite challenges in the first half of the year [1][2] - Proya (603605.SH) reported a revenue of 5.362 billion yuan, a year-on-year increase of 7.21%, and a net profit of 799 million yuan, up 13.80% [1] - The growth rate of Proya's performance has slowed compared to the previous year, where revenue and net profit growth were around 40% [1] Group 2 - The retail sales of cosmetics in China reached 229.1 billion yuan in the first half of the year, with a year-on-year growth of 2.9%, lower than the 5% increase in total retail sales [1] - Other beauty companies reported mixed results, with Shanghai Jahwa (600315.SH) achieving a revenue of 3.48 billion yuan (up 4.8%) and a net profit of 270 million yuan (up 11.7%), while Haohai Biological (688366.SH) saw a revenue decline of 7.12% [2] - Proya is planning to issue H-shares and list on the Hong Kong Stock Exchange, potentially becoming the only domestic beauty brand listed in both markets [2][3] Group 3 - The capital market has shown increased interest in domestic beauty companies, with successful IPOs like Maogeping (01318.HK) which saw a significant stock price increase after its listing [3] - The trend of domestic beauty brands seeking to go public in Hong Kong has accelerated, with brands like Lin Qingxuan and Ying Tong also pursuing listings [3]