The Third Quarter Report in 2024 of Proya Cosmetics Co., Ltd.
Stock Code: 603605 Stock Abbreviation: Proya
Bond Code: 113634 Bond Abbreviation: Proya Convertible Bond
Proya Cosmetics Co., Ltd.
The Third Quarter Report in 2024
The Board of Directors and all directors of the Company warrant that this
announcement does not contain any false records, misleading statements or material
omissions, and shall be legally liable for the truthfulness, accuracy and completeness of
the contents herein contained.
Important Notes:
The Board of Directors, Board of Supervisors, directors, supervisors, and senior management of the
Company warrant that this Quarterly Report is authentic, accurate and complete, and does not contain
any false records, misleading statements or material omissions, and that they will be jointly and
severally liable therefor.
The CEO, CFO and the head of accounting department (accounting chief) of the Company warrant that
all financial statement information in the Quarterly Report is authentic, accurate and complete.
Have the financial statements for Q3 been audited?
Yes √No
I Key Financial Data
（I）Key accounting data and financial indicators
Unit: Yuan Currency: RMB
YOY change in the
From the
YOY change period from the
beginning of the
The Reporting in the beginning of the
Item year to the end of
Period Reporting year to the end of
the Reporting
Period (%) the Reporting
Period
Period (%)
Operating revenue 1,964,567,889.65 21.15 6,966,033,360.37 32.72
Net profit attributable
to shareholders of the 297,538,011.99 20.72 999,209,386.88 33.95
listed company
Net profit attributable
to shareholders of the 292,280,184.23 18.33 971,276,702.56 33.81
listed company, net of
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The Third Quarter Report in 2024 of Proya Cosmetics Co., Ltd.
non-recurring profit
and loss
Net cash flow from
N/A N/A 403,998,041.03 -49.44
operating activities
Basic earnings per
share (RMB per 0.75 20.97 2.53 35.29
share)
Diluted earnings per
share (RMB per 0.75 22.95 2.50 35.14
share)
Up by 0.12
Weighted average Up by 2.22
6.34 percentage 21.74
ROE (%) percentage points
point
Change at the end
of the Reporting
End of the
End of the prior year Period over the end
Reporting Period
of the prior year
(%)
Total assets 7,478,061,850.68 7,323,078,222.45 2.12
Owner's equity
attributable to
4,843,443,343.09 4,349,545,381.60 11.36
shareholders of the
listed company
Note: “The Reporting Period” refers to the three-month period from the beginning of this quarter to the
end of this quarter, as follows.
（II）Items and amounts of non-recurring profit and loss
√Applicable Not applicable
Unit: Yuan Currency: RMB
Amount in the period
Amount for from the beginning
Non-recurring profit and loss item the current of the year to the end Remarks
period of the Reporting
Period
Gains and losses on disposal of non-
current assets, including the offsetting
-45,892.06 -758,751.64
portion with the provision accrued for
impairment of assets
Government subsidies included in
profit or loss for the current period,
except for those closely related to the
Company's normal operation, in
compliance with the requirements of 5,492,191.48 47,489,091.07
national policies, granted according to
established standards, and with a
sustained impact on the Company's
profits and losses
Profit and loss from changes in fair
value arising from the holding of
financial assets and liabilities by non-
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The Third Quarter Report in 2024 of Proya Cosmetics Co., Ltd.
financial enterprises, and profit and
loss arising from the disposal of
financial assets and liabilities, except
for effective hedging business related
to the Company's normal operations
Fund occupation expense collected
from the non-financial enterprises
included in the current profit and loss
Gains or losses on authorizing others
to invest or manage assets
Profit and loss from entrusted loans
Asset losses caused by force majeure
factors such as natural disasters
Reversal of provision for impairment
of receivables individually tested for
impairment
Income generated in case the
investment cost of acquiring any
subsidiary, associates and joint
venture is less than the net fair value
of the investee's identifiable assets
when an investment is acquired
Net current profit and loss of
subsidiaries generated from the
merger of companies under common
control from the beginning of the
period to the date of merger
Gains or losses on exchange of non-
monetary assets
Profit and loss on restructuring of
debts
One-time expenses incurred by the
Company due to the discontinuation
of related operating activities, such as
expenses for resettling employees
One-time impact of the adjustment of
tax, accounting and other laws and
regulations on the current profit and
loss
One-time confirmation of share-based
payment fees due to cancellation or
modification of equity incentive plans
Profit and loss arising from changes in
fair value of employee compensation
payable after the exercise date for
cash-settled share-based payments
Profit and loss arising from changes in
the fair value of investment property
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The Third Quarter Report in 2024 of Proya Cosmetics Co., Ltd.
subsequently measured with the fair
value model
Income generated from obviously
unfairly priced transactions
Profit and loss arising from contingent
events unrelated to the Company's
normal operations
Custody fee income from entrusted
operations
Other non-operating revenue and
expenses other than the items 532,257.48 57,700.23
mentioned above
Other profit and loss items under the
definition of non-recurring profit and
loss
Less: Income tax impact 306,395.04 10,339,012.54
Impact of minority interests
414,334.10 8,516,342.80
(after tax)
Total 5,257,827.76 27,932,684.32
The reasons should be explained for the non-recurring profit and loss items with large amounts defined by
the Company but not set out in the Explanatory Announcement on Information Disclosure for Companies
Offering Their Securities to the Public No.1 - Non-recurring Profit and Loss, and the non-recurring profit
and loss items listed in Explanatory Announcement on Information Disclosure for Companies Offering
Their Securities to the Public No.1 - Non-recurring Profit and Loss as recurring profit and loss items.
Applicable √Not applicable
（III）Changes in key accounting data and financial indicators and reasons
√Applicable Not applicable
Item Change ratio (%) Primary reasons
Operating revenue for the Mainly due to: 1. Operating revenue
period from the beginning of from online channel increased year-
32.72
the year to the end of the over-year; 2. Small brands grew
Reporting Period steadily.
Mainly due to: 1. Total profit
increased by 27.84% YOY. Among
Net profit attributable to them, operating revenue increased by
shareholders of the listed 32.72% YOY, gross profit increased
company for the period from by 30.66% YOY, and asset
33.95
the beginning of the year to impairment loss decreased by 57.53%
the end of the Reporting YOY; 2. Net profit increased by
Period 31.93% YOY, and the amount
increased by RMB247.45 million
YOY.
Net profit attributable to
shareholders of the listed
company, net of non- 33.81 The same as above.
recurring profit and loss, for
the period from the
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The Third Quarter Report in 2024 of Proya Cosmetics Co., Ltd.
beginning of the year to the
end of the Reporting Period
Net cash flow from operating Mainly due to: 1. Increase in selling
activities for the period from expenses and advancement of the
the beginning of the year to -49.44 payment node of the promotion
the end of the Reporting compared with the previous year; 2.
Period Increase in payment for goods.
Basic earnings per share
(RMB per share) for the Mainly due to the increase in net
period from the beginning of 35.29 profit attributable to shareholders of
the year to the end of the the listed company.
Reporting Period
Diluted earnings per share
(RMB per share) for the
period from the beginning of 35.14 The same as above.
the year to the end of the
Reporting Period
II Shareholders Information
(1) Statement of the total number of ordinary shareholders, the number of preferred
shareholders with restored voting rights, and the shareholding of top 10 shareholders
Unit: Share
Total number of ordinary
Total number of preferred shareholders
shareholders as of the
24,321 with restored voting rights as of the end 0
end of the Reporting
of the Reporting Period (if any)
Period
Shareholdings of top 10 shareholders (excluding shares lent out through refinancing)
Number of Pledged, marked or
Number shares held frozen
Nature of Shareholding
Name of shareholder of shares with
shareholder ratio (%)
held restrictions on Share
sales Number
status
Domestic 136,739,
HOU Juncheng 34.46 0 None 0
natural person 037
81,834,2
HKSCC Other 20.63 0 None 0
75
Domestic 59,625,2 17,041,2
FANG Yuyou 15.03 0 Frozen
natural person 58 69
GIC PRIVATE 11,921,6
Other 3.00 0 None 0
LIMITED 03
National Social Security 5,970,04
Other 1.50 0 None 0
Fund Portfolio 109 0
ICBC - Invesco Great
Wall Emerging Growth 3,332,00
Other 0.84 0 None 0
Hybrid Securities 0
Investment Fund
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The Third Quarter Report in 2024 of Proya Cosmetics Co., Ltd.
CCB - CUAM Consumer
Industry Hybrid 3,300,11
Other 0.83 0 None 0
Securities Investment 7
Fund
Aberdeen Standard
Investment Management
(Asia) Co., Ltd. - 2,897,01
Other 0.73 0 None 0
Aberdeen Fund - China 3
A-share Sustainable
Equity Fund
FIL Investment
Management (Hong 2,067,17
Other 0.52 0 None 0
Kong) Limited - Client 0
Funds
Schroder Investment
Management (Hong
Kong) Limited - 1,989,50
Other 0.50 0 None 0
Schroder International 0
Selection Fund China A-
share (Exchange)
Shareholdings of top 10 shareholders without restrictions on sales (excluding shares lent out through
refinancing)
Number of unrestricted tradable shares Type and number of shares
Name of shareholder
held Type of shares Number
RMB ordinary
HOU Juncheng 136,739,037 136,739,037
shares
RMB ordinary
HKSCC 81,834,275 81,834,275
shares
RMB ordinary
FANG Yuyou 59,625,258 59,625,258
shares
GIC PRIVATE RMB ordinary
11,921,603 11,921,603
LIMITED shares
National Social Security RMB ordinary
5,970,040 5,970,040
Fund Portfolio 109 shares
ICBC - Invesco Great
Wall Emerging Growth RMB ordinary
3,332,000 3,332,000
Hybrid Securities shares
Investment Fund
CCB - CUAM Consumer
Industry Hybrid RMB ordinary
3,300,117 3,300,117
Securities Investment shares
Fund
Aberdeen Standard
Investment Management
(Asia) Co., Ltd. - RMB ordinary
2,897,013 2,897,013
Aberdeen Fund - China shares
A-share Sustainable
Equity Fund
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The Third Quarter Report in 2024 of Proya Cosmetics Co., Ltd.
FIL Investment
Management (Hong RMB ordinary
2,067,170 2,067,170
Kong) Limited - Client shares
Funds
Schroder Investment
Management (Hong
Kong) Limited - RMB ordinary
1,989,500 1,989,500
Schroder International shares
Selection Fund China A-
share (Exchange)
Association or concerted
action between the FANG Yuyou is the younger brother of FANG Aiqin, HOU Juncheng's
shareholders mentioned spouse, so HOU Juncheng and FANG Yuyou are associated.
above
Top 10 shareholders and
top 10 unrestricted
shareholders participating
N/A
in margin financing and
lending of shares through
refinancing (if any)
Note: As of the end of the Reporting Period, the number of shares of the Company held in the
Company’s designated securities account for repurchase was 2,210,825, accounting for 0.56% of the
Company’s total share capital.
Shareholders holding more than 5% of the shares, top 10 shareholders and top 10 unrestricted tradable
shareholders participating in lending of shares through refinancing
√Applicable Not applicable
Unit: Share
Shareholders holding more than 5% of the shares, top 10 shareholders and top 10 unrestricted tradable
shareholders participating in lending of shares through refinancing
Shareholdings in
Shares lent out but Shareholdings in Shares lent out
regular and credit
not yet returned at regular and credit but not yet
Name of accounts at the
the beginning of the accounts at the end returned at the
shareholder beginning of the
period of the period end of the period
(full name) period
Total Ratio Total Ratio Total Ratio Total Ratio
number (%) number (%) number (%) number (%)
National
Social
3,010,974 0.759 88,800 0.022 5,970,040 1.50 0 0.00
Security Fund
Portfolio 109
Changes in top 10 shareholders and top 10 unrestricted tradable shareholders over the previous period
due to lending or return through refinancing
Applicable √Not applicable
III Other Notes
Other important information on the Company's operation during the Reporting Period to be made known
to investors
Applicable √Not applicable
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The Third Quarter Report in 2024 of Proya Cosmetics Co., Ltd.
IV Quarterly Financial Statements
（I）Type of audit opinion
Applicable √Not applicable
（II）Financial statements
Consolidated Balance Sheet
September 30, 2024
Prepared by: Proya Cosmetics Co., Ltd.
Unit: Yuan Currency: RMB Audit type: Unaudited
Item September 30, 2024 December 31, 2023
Current assets:
Monetary capital 3,627,145,433.23 4,011,085,558.07
Provision for settlement
Lendings to banks and other financial
institutions
Held-for trading financial assets
Derivative financial assets
Bills receivable
Accounts receivable 272,993,512.90 344,570,196.54
Receivables financing 7,378,700.06
Prepayments 262,748,565.02 202,870,195.58
Premiums receivable
Reinsurance accounts receivable
Provision for reinsurance contract
receivable
Other receivables 57,080,128.82 81,966,213.90
Including: Interest receivable
Dividends receivable
Financial assets purchased under resale
agreements
Inventory 1,188,576,985.95 797,215,155.68
Including: Data resources
Contract assets
Assets held for sale
Non-current assets due within one year
Other current assets 159,409,033.61 99,765,073.07
Total current assets 5,567,953,659.53 5,544,851,092.90
Non-current assets:
Loans and advances
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The Third Quarter Report in 2024 of Proya Cosmetics Co., Ltd.
Debt investments
Other debt investments
Long-term receivables
Long-term equity investments 110,420,494.75 113,574,158.49
Other equity instrument investments 107,660,400.00 107,660,400.00
Other non-current financial assets
Investment property 64,388,678.05 66,156,471.91
Fixed assets 843,950,437.32 827,350,985.29
Construction in progress 80,378,272.16 52,038,642.94
Productive biological assets
Oil and gas assets
Right-of-use assets 15,768,809.60 14,104,821.34
Intangible assets 397,536,508.88 404,688,009.16
Including: Data resources
Development cost
Including: Data resources
Goodwill
Long-term deferred expenses 73,232,477.93 67,184,328.83
Deferred tax assets 205,357,148.31 108,494,364.60
Other non-current assets 11,414,964.15 16,974,946.99
Total non-current assets 1,910,108,191.15 1,778,227,129.55
Total assets 7,478,061,850.68 7,323,078,222.45
Current liabilities:
Short-term borrowings 100,077,777.78 200,155,555.56
Borrowings from the central bank
Loans from banks and other financial
institutions
Trading financial liabilities
Derivative financial liabilities
Bills payable 36,959,074.14
Accounts payable 1,050,211,372.53 1,018,522,358.60
Advances from customers 193,645.77 30,514.45
Contract liabilities 134,728,074.61 301,014,873.58
Financial assets sold under repurchase
agreements
Due from customers and interbank
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The Third Quarter Report in 2024 of Proya Cosmetics Co., Ltd.
Receivings from vicariously traded
securities
Receivings from vicariously sold
securities
Employee benefits payable 120,019,640.11 166,444,494.43
Taxes payable 217,683,860.97 222,765,869.94
Other payables 124,930,189.59 155,345,148.68
Including: Interest payable
Dividends payable
Fees and commissions payable
Reinsurance accounts payable
Held-for-sale liabilities
Non-current liabilities due within one 4,036,903.05 3,970,060.11
year
Other current liabilities 4,432,679.36 15,022,173.42
Total current liabilities 1,756,314,143.77 2,120,230,122.91
Non-current liabilities:
Reserves for insurance contracts
Long-term borrowings
Bonds payable 778,832,256.32 753,119,902.88
Including: Preferred stock
Perpetual bonds
Lease liabilities 10,855,056.73 9,970,306.87
Long-term payables
Long-term employee benefits payable
Estimated liabilities 7,979,220.07 33,063,299.45
Deferred income 6,684,883.01 6,383,359.33
Deferred tax liabilities
Other non-current liabilities
Total non-current liabilities 804,351,416.13 802,536,868.53
Total liabilities 2,560,665,559.90 2,922,766,991.44
Owner's equity (or shareholders' equity):
Paid-in capital (or share capital) 396,757,527.00 396,757,184.00
Other equity instruments 50,891,679.83 50,893,986.60
Including: Preferred stock
Perpetual bonds
Capital reserve 869,368,610.87 864,150,974.43
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The Third Quarter Report in 2024 of Proya Cosmetics Co., Ltd.
Less: Treasury stock 298,686,855.03 146,966,735.61
Other comprehensive income -53,616,682.65 -53,847,100.91
Special reserve
Surplus reserve 198,411,582.50 198,411,582.50
General risk reserve
Undistributed profit 3,680,317,480.57 3,040,145,490.59
Total owner's equity (or shareholders' 4,843,443,343.09 4,349,545,381.60
equity) attributable to the parent
company
Minority interests 73,952,947.69 50,765,849.41
Total owner's equity (or shareholders' 4,917,396,290.78 4,400,311,231.01
equity)
Total liabilities and owners' equity (or 7,478,061,850.68 7,323,078,222.45
shareholders' equity)
The Chairman of the Company: HOU Juncheng CFO of the Company: WANG Li
Head of Accounting Department: WANG Li
Consolidated Income Statement
January to September 2024
Prepared by: Proya Cosmetics Co., Ltd.
Unit: Yuan Currency: RMB Audit type: Unaudited
The first three quarters The first three quarters
Item of 2024 of 2023
(Jan. to Sep.) (Jan. to Sep.)
I. Gross revenue 6,966,033,360.37 5,248,569,751.16
Including: Operating revenue 6,966,033,360.37 5,248,569,751.16
Interest income
Earned premium
Fee and commission income
II. Total operating expenses 5,744,357,919.86 4,204,094,774.90
Including: Operating expenses 2,084,884,015.50 1,512,852,437.64
Interest expenses
Fee and commission expenses
Surrender value
Net claims paid
Net provision for insurance
liability reserves
Bond insurance expenses
Reinsurance expenses
Taxes and surcharges 52,714,418.79 48,632,492.30
Selling expenses 3,231,672,618.81 2,271,124,330.57
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The Third Quarter Report in 2024 of Proya Cosmetics Co., Ltd.
Administrative expenses 272,663,396.32 286,657,915.37
R&D expenses 142,437,776.25 128,863,076.27
Financial expenses -40,014,305.81 -44,035,477.25
Including: Interest expenses 15,476,254.24 8,797,332.85
Interest income 56,625,021.91 52,008,372.20
Add: Other income 71,782,997.31 36,572,192.15
Investment income (“-” for -3,153,663.74 -1,623,342.48
losses)
Including: Income from -3,153,663.74 -2,290,416.07
investment in associates and
joint ventures
Gains from derecognition of
financial assets measured at
amortized cost
Exchange gains (“-” for losses)
Net exposure hedging gains (“-”
for losses)
Income from changes in fair
value (“-” for losses)
Credit impairment losses (“-” 4,634,528.68 2,173,909.38
for losses)
Asset impairment losses (“-” for -42,109,077.10 -99,139,522.86
losses)
Gains on disposal of assets (“-” -758,751.64 -217,694.21
for losses)
III. Operating profit (“-” for losses) 1,252,071,474.02 982,240,518.24
Add: Non-operating revenue 1,673,416.25 3,145,759.06
Less: Non-operating expenses 1,615,716.02 5,914,535.33
IV. Total profit (“-” for total losses) 1,252,129,174.25 979,471,741.97
Less: Income tax expenses 229,730,454.71 204,524,682.76
V. Net profit (“-” for net losses) 1,022,398,719.54 774,947,059.21
(I) Classification by continuity of operation
1. Net profit from continuous 1,022,398,719.54 774,947,059.21
operation (“-” for net losses)
2. Net profit from discontinued
operation (“-” for net losses)
(II) Classification by ownership
1. Net profit attributable to 999,209,386.88 745,963,141.07
shareholders of the parent company
(“-” for net losses)
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The Third Quarter Report in 2024 of Proya Cosmetics Co., Ltd.
2. Profits or losses attributable to 23,189,332.66 28,983,918.14
minority interests (“-” for net losses)
VI. Other comprehensive income, net of 230,418.26 722,888.79
tax
(I) Other comprehensive income (net of 230,418.26 722,888.79
tax) attributable to owners of the parent
company
1. Other comprehensive income that
cannot be reclassified to profit or loss
(1) Changes in re-measurement of
defined benefit plans
(2) Other comprehensive income that
cannot be reclassified into profit or
loss under the equity method
(3) Changes in the fair value of other
equity instrument investments
(4) Changes in the fair value of the
Company's own credit risks
2. Other comprehensive income that 230,418.26 722,888.79
will be reclassified into profit or loss
(1) Other comprehensive income that
can be reclassified into profit or loss
under the equity method
(2) Changes in the fair value of other
debt investments
(3) Amount of financial assets
reclassified into other comprehensive
income
(4) Provision for credit impairment of
other debt investments
(5) Cash flow hedging reserve
(6) Differences in translation of 230,418.26 722,888.79
foreign currency financial statements
(7) Others
(II) Other comprehensive income (net of
tax) attributable to minority shareholders
VII. Total comprehensive income 1,022,629,137.80 775,669,948.00
(I) Total comprehensive income 999,439,805.14 746,686,029.86
attributable to owners of the parent
company
(II) Total comprehensive income 23,189,332.66 28,983,918.14
attributable to minority shareholders
VIII. Earnings per share:
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The Third Quarter Report in 2024 of Proya Cosmetics Co., Ltd.
(I) Basic earnings per share (RMB per 2.53 1.87
share)
(II) Diluted earnings per share (RMB per 2.50 1.85
share)
The Chairman of the Company: HOU Juncheng CFO of the Company: WANG Li
Head of Accounting Department: WANG Li
Consolidated Cash Flow Statement
January to September 2024
Prepared by: Proya Cosmetics Co., Ltd.
Unit: Yuan Currency: RMB Audit type: Unaudited
The first three quarters The first three quarters
Item of 2024 of 2023
(Jan. to Sep.) (Jan. to Sep.)
I. Cash flows from operating activities:
Cash receipts from sales of goods and 7,522,400,703.39 5,548,852,049.32
rendering of services
Net increase in deposits from customers
and due to banks and other financial
institutions
Net increase in borrowings from the
central bank
Net increase in loans from other
financial institutions
Cash received from premiums under
original insurance contracts
Net cash received from reinsurance
operations
Net increase in deposits and investments
from policyholders
Cash received from interest, fees and
commissions
Net increase in loans from banks and
other financial institutions
Net increase in repurchase operations
Net cash received from vicariously
traded securities
Tax refund received 938,267.15 7,955,028.14
Other cash received relating to operating 122,873,031.65 163,946,919.02
activities
Subtotal of cash inflows from operating 7,646,212,002.19 5,720,753,996.48
activities
Cash received from purchasing goods 2,114,302,093.57 1,403,830,030.60
and accepting labor services
Net increase in loans and advances
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The Third Quarter Report in 2024 of Proya Cosmetics Co., Ltd.
Net increase in deposits with the central
bank and other banks
Cash paid for original insurance contract
claims
Net increase in placements with banks
and other financial institutions
Cash paid for interest, fees and
commissions
Cash paid for policy dividends
Cash paid to and for employees 631,419,914.74 492,793,046.51
Payment of all types of taxes 822,656,497.25 720,756,917.19
Other cash paid relating to operating 3,673,835,455.60 2,304,357,473.31
activities
Subtotal of cash outflows from operating 7,242,213,961.16 4,921,737,467.61
activities
Net cash flow from operating activities 403,998,041.03 799,016,528.87
II. Cash flows from investing activities:
Cash back on investments
Cash received from investment income 5,570,000.01
Net cash received from the disposal of 1,831,479.00 338,439.51
fixed assets, intangible assets and other
long-term assets
Net cash received from the disposal of 3,018,142.61
subsidiaries and other units
Other cash received relating to investing 300,000,000.00
activities
Subtotal of cash inflows from investing 307,401,479.01 3,356,582.12
activities
Cash paid for the acquisition and 154,362,742.03 147,851,445.94
construction of fixed assets, intangible
assets and other long-term assets
Cash paid for investments 6,818,181.82
Net increase in pledge loans
Net cash paid for the acquisition of
subsidiaries and other units
Other cash paid relating to investing 1,180,000,000.00
activities
Subtotal of cash outflows from investing 1,334,362,742.03 154,669,627.76
activities
Net cash flows from investing activities -1,026,961,263.02 -151,313,045.64
III. Cash flows from financing activities:
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The Third Quarter Report in 2024 of Proya Cosmetics Co., Ltd.
Cash received from attraction of 125,051.00
investments
Including: Cash received from attraction 125,051.00
of investments from minority
shareholders
Cash received from borrowings 200,000,000.00
Other cash received relating to financing
activities
Subtotal of cash inflows from financing 125,051.00 200,000,000.00
activities
Cash paid for debt repayments 100,000,000.00 200,000,000.00
Cash paid for distribution of dividends 362,965,173.73 250,827,139.38
and profits or payment of interests
Including: Dividends and profits paid by
subsidiaries to minority shareholders
Other cash paid relating to financing 184,292,170.36 9,931,260.23
activities
Subtotal of cash outflows from financing 647,257,344.09 460,758,399.61
activities
Net cash flows from financing activities -647,132,293.09 -260,758,399.61
IV. Effect of changes in exchange rates 230,418.26 -318,571.65
on cash and cash equivalents
V. Net increase in cash and cash -1,269,865,096.82 386,626,511.97
equivalents
Add: Beginning balance of cash and 3,659,267,712.03 3,125,333,085.05
cash equivalents
VI. Ending balance of cash and cash 2,389,402,615.21 3,511,959,597.02
equivalents
The Chairman of the Company: HOU Juncheng CFO of the Company: WANG Li
Head of Accounting Department: WANG Li
Adjustments to financial statements at the beginning of the year upon initial adoption of new
accounting standards or interpretation of standards since 2024
Applicable √Not applicable
End of the announcement.
Board of Directors of Proya Cosmetics Co., Ltd.
October 24, 2024
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