Proya(SH:603605) 智通财经网·2025-10-30 13:41Core Viewpoint - Proya Cosmetics Co., Ltd. has submitted its listing application to the Hong Kong Stock Exchange, with CICC and UBS serving as joint sponsors [1] Company Overview - Proya is a Chinese multi-brand beauty group focused on creating a world-class cosmetics industry platform, offering high-quality and technologically advanced products [5] - The company ranks fifth among the top five groups in China's cosmetics industry by retail sales in 2024, being the only domestic cosmetics group in this category [5] - Proya has maintained its position as the largest domestic cosmetics group in China for four consecutive years from 2021 to 2024 based on retail sales [5] Product Portfolio - Proya has developed a diverse portfolio with multiple brands and categories, covering skincare, color cosmetics, and personal care [5] - The flagship brand, Proya, is notable for having two essence products each exceeding RMB 1 billion in retail sales, making it the only single brand in this category [5] - The company operates several brands, including skincare brands "Proya," "Yuefuti," and "Kruif," color cosmetics brand "Caitang," and personal care brand "Off&Relax" [5] Sales and Distribution - The company primarily utilizes online platforms for sales while enhancing brand reach through offline channels [6] - Proya is one of the earliest beauty groups to strategically develop online channels, achieving a significant leading position in this area [6] Production Capacity - As of October 24, 2025, Proya operates a production base in Huzhou, Zhejiang, with 66 production lines dedicated to skincare products [6] - A new smart factory is under construction in Huzhou, designed to have a production capacity of 400 million units [6] Financial Performance - Proya's revenue for the six months ending June 30 for the years 2022 to 2025 is as follows: RMB 6.385 billion in 2022, RMB 8.905 billion in 2023, RMB 10.778 billion in 2024, and RMB 5.362 billion in 2025 [8][9] - The corresponding profits for the same periods are approximately RMB 831 million in 2022, RMB 1.231 billion in 2023, RMB 1.585 billion in 2024, and RMB 826 million in 2025 [8][9]