被证监会“点名”补材料，珀莱雅冲击港交所

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has issued supplementary material requirements for 19 companies, including Proya Cosmetics, which is preparing for its listing on the Hong Kong Stock Exchange with the assistance of CICC and Credit Suisse as joint sponsors [1][2]. Group 1: Regulatory Requirements - The CSRC has requested Proya to clarify whether the funds raised will involve overseas investments and if relevant approval or filing procedures have been completed [2]. - Proya is required to provide details on its development and operation of apps, mini-programs, and public accounts, specifically regarding the collection and use of personal information, including the scale of user data collected and its usage [2]. - The company must explain the status of its advertising-related business and whether it has obtained the necessary qualifications and licenses [2]. - Proya needs to assess its compliance with foreign investment access regulations, particularly in relation to its subsidiaries' business scopes that include areas like film production and broadcasting, and confirm whether these activities fall under the negative list of foreign investment restrictions [2]. Group 2: Company Overview and Performance - Proya is a multi-brand beauty group focused on creating a world-class cosmetics industry platform, offering high-quality cosmetic products that combine technology and consumer experience [3]. - The company has established a diverse portfolio covering skincare, makeup, and personal care, ranking fifth among the top five cosmetic groups in mainland China by retail sales in 2024, and is the only domestic brand in this ranking [3]. - Proya has been the largest domestic cosmetics group in mainland China for four consecutive years from 2021 to 2024 based on retail sales [3]. - The company's revenue figures for the years 2022, 2023, 2024, and the first half of 2025 are reported as RMB 6.385 billion, RMB 8.905 billion, RMB 10.778 billion, and RMB 5.362 billion, respectively, with corresponding net profits of RMB 0.831 billion, RMB 1.231 billion, RMB 1.585 billion, and RMB 0.826 billion [3].