Proya (603605) (603605.SH) announced on the evening of October 10 that the Fourth Eighth Board of Directors unanimously passed the resolution on the H-share issuance and listing. The company plans to list on the Main Board of The Stock Exchange of Hong Kong Limited to accelerate its international layout, enhance overseas financing capabilities, and support overseas business expansion.

On the same day, it was resolved to appoint Ernst & Young Hong Kong as the audit institution. It possesses the qualifications as a public interest entity auditor, and its practice quality is recognized by regulators. The appointment is still subject to the deliberation and approval of the shareholders' meeting. The announcement indicates that this issuance requires the approval of the shareholders' meeting and the China Securities Regulatory Commission, as well as a hearing by the Hong Kong Stock Exchange. It does not involve a change in control nor affect the A-share listing status.

In the first half of 2025, the company's revenue was 5.362 billion yuan, with net profit attributable to the parent company of 799 million yuan. If the listing is successful, Proya will become the first A+H-share company in the cosmetics industry.