Stock Code: 603605 Abbreviation: ProyaBond Code: 113634 Bond Abbreviation: Proya Convertible Bond
Proya Cosmetics Co., Ltd.The First Quarter Report in 2022
Important RemindersThe Board of Directors, Board of Supervisors, directors, supervisors, and officers of the Companywarrant that this Quarterly Report is authentic, accurate and complete, and does not contain any falserecords, misleading statements or major omissions, and that they will be jointly and severally liabletherefore.
The CEO, CFO and the head of accounting department of the Company warrant that all financialstatement information in the Quarterly Report is authentic, accurate and complete.
Have the financial statements for Q1 been audited?"□ Yes" "√ No"
I. Key Financial Data(I) Key accounting data and financial indicators
Unit: Yuan Currency: RMB
The Board of Directors and all directors of the Company warrant that thisannouncement does not contain any false records, misleading statements or materialomissions, and shall be severally and jointly liable for the truthfulness, accuracy andcompleteness of the contents herein contained.
Item
| Item | The current reporting period | Change over the same period of last year (%) |
| Operating revenue | 1,254,357,336.99 | 38.53 |
| Net profit attributable to shareholders of | 158,420,986.20 | 44.16 |
| the listed company | |||||
| Net profit attributable to shareholders of the listed company net of non-recurring profit and loss | 146,724,879.18 | 36.21 | |||
| Net cash flow from operating activities | 342,107,055.69 | 521.66 | |||
| Basic earnings per share (RMB/share) | 0.79 | 43.64 | |||
| Diluted earnings per share (RMB/share) | 0.78 | 41.82 | |||
| Weighted average ROE (%) | 5.36 | Increased by 0.87 percent | |||
| End of the reporting period | End of last year | Change over the same period last year | |||
| Total assets | 4,845,558,049.59 | 4,633,049,783.03 | 4.59 | ||
| Owner's equity attributable to shareholders of the listed company | 2,993,662,707.64 | 2,876,975,835.98 | 4.06 | ||
(II) Items and amounts of non-recurring profit and loss
Unit: Yuan Currency: RMB
| Item | Amount for the current period | Note |
| Gain or loss on disposal of non-current assets | ||
| Unauthorized approval, or no formal approval, or occasional tax refund or relief | ||
| Government subsidies included in the current profit and loss, excluding those closely related to the Company's normal operation and granted constantly at a fixed amount or quantity according to certain standard based on state policies | 14,298,520.83 | |
| Fund occupation fees payable by non-financial businesses including profit and loss in the current period | ||
| Income generated in case the investment cost of acquiring any subsidiary, associated enterprise and joint venture is less than the net fair value of the investee's identifiable assets when an investment is acquired | ||
| Gain and loss on exchange of |
| non-monetary assets | ||
| Gain and loss on authorizing others to invest or manage assets | ||
| Provisions for various asset impairments due to force majeure factors such as natural disasters | ||
| Gain and loss on restructuring of debts | ||
| Restructuring expenses, such as re-settlement expenses and integration cost | ||
| Profit and loss in excess of the fair value generated from obviously unfairly priced transactions | ||
| Net 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 | ||
| Profit and loss arising from contingent events unrelated to the Company's normal operations | ||
| Profit and loss from changes in fair value arising from holding of trading financial assets, derivative financial assets, trading financial liabilities and derivative financial liabilities, and investment gain from disposal of trading financial assets, derivative financial assets, trading financial liabilities, derivative financial liabilities and other debt investments, except for effective hedging related to the Company's normal operations | ||
| Reversal of provision for impairment of receivables and contract assets individually tested for impairment | ||
| Profit and loss from entrusted loans | ||
| Profit and loss arising from changes in the fair value of investment property subsequently measured with the fair value model | ||
| Impact of one-time adjustments on |
| the current profit and loss according to the requirements of tax and accounting laws and regulations on the current profit and loss | ||
| Custody fee income from entrusted operations | ||
| Other non-operating revenue and expenses other than the items mentioned above | 271,742.01 | |
| Other profit and loss items under the definition of non-recurring profit and loss | ||
| Less: Impact of income tax | 2,474,194.41 | |
| Impact of minority shareholders' equity (after tax) | 399,961.41 | |
| Total | 11,696,107.02 |
Description of non-recurring profit and loss items enumerated in the Explanatory Announcement No. 1on Information Disclosure for Companies Offering Their Securities to the Public - Non-recurring Profitand Loss defined as recurring profit and loss items"□ Applicable" "√ Not applicable"
(III) Changes in key accounting data and financial indicators and the main reasons"√ Applicable" "□ Not applicable"
| Item | Change ratio (%) | Main reasons |
| Operating revenue | 38.53 | Mainly due to a YOY growth of prime operating revenue by 38.60%, dominated by the growth in online direct sales. |
| Net profit attributable to shareholders of the listed company | 44.16 | Mainly because: (1) Total profit increased by 57.26% YOY: Sales revenue increased by38.53% YOY, gross profit increased by 45.34% YOY (gross profit margin increased YOY), expenses for four items for the period increased by 37.99% YOY, and other income increased YOY. (2) Net profit increased by 58.59% or RMB 62.58 million YOY. (3) The profit and loss of minority shareholders increased by RMB 14.06 million YOY, mainly due to increased amount of profit and loss recognized by the minority shareholders of some controlled subsidiaries. |
| Net profit attributable to shareholders of the listed company net | 36.21 | Mainly because: (1) Net profit attributable to shareholders of the listed company increased by RMB 48.52 million or 44.16% YOY; (2) Non-recurring gain and loss attributable to shareholders of the listed company increased by RMB 9.52 million YOY (mainly due to |
| of non-recurring profit and loss | a YOY growth in the amount of government subsidies received during the period). | |
| Basic earnings per share (RMB/share) | 43.64 | The same reasons as above |
| Diluted earnings per share (RMB/share) | 41.82 | The same reasons as above |
| Net cash flow from operating activities | 521.66 | Net flow increased by RMB 287 million YOY, mainly because: (1) Factors of cash increase: Sales outstanding increased by RMB 245 million YOY (revenue increased YOY); payment for goods decreased by RMB 56 million YOY (the sum of accounts payable and bills payable as of the end of the current period increased from the beginning of this year, but decreased from the same period last year). (2) Factors of cash decrease: Taxes paid increased by RMB 44 million YOY. |
II. Shareholders(I) Statement of the total number of ordinary shareholders, the number of preferred shareholders withrestored voting rights, and shareholdings of top 10 shareholders
Unit: share
| Total number of ordinary shareholders as of the end of the reporting period | 10,570 | Total number of preferred shareholders with restored voting rights as of the end of the reporting period (if any) | 0 | |||||
| Shareholdings of top 10 shareholders | ||||||||
| Name of shareholder | Nature of shareholder | Number of shares held | Shareholding ratio (%) | Number of shares held with restrictions on sales | Pledge, marking or freezing | |||
| Status | Number | |||||||
| Hou Juncheng | Domestic natural person | 69,764,815 | 34.71 | 0 | None | |||
| HKSCC | Others | 46,410,868 | 23.09 | 0 | None | |||
| Fang Yuyou | Domestic natural person | 36,347,843 | 18.08 | 0 | None | |||
| Cao Liangguo | Domestic natural person | 3,769,938 | 1.88 | 0 | None | |||
| ICBC - GF Multi-Factor Flexible Allocation Hybrid Securities Investment Fund | Others | 1,817,599 | 0.90 | 0 | None | |||
| CCB - Yinhua Fuyu Themed Hybrid Securities Investment Fund | Others | 1,734,083 | 0.86 | 0 | None | |||
| CCB - CUAM Consumer Industry Hybrid Securities Investment Fund | Others | 1,700,084 | 0.85 | 0 | None | |||
| ICBC - Invesco Great Wall Emerging Growth Hybrid Securities Investment Fund | Others | 1,700,000 | 0.85 | 0 | None | |||
| Aberdeen Standard Investment Management (Asia) Limited - Aberdeen Standard - China A-Share Fund | Others | 1,699,323 | 0.85 | 0 | None | |||
| Xu Junqing | Domestic natural person | 1,235,999 | 0.61 | None | ||||
| Shareholdings of top 10 shareholders without restrictions on sales | ||||||||
| Name of shareholder | Number of unrestricted tradable shares held | Type and number of shares | ||||||
| Type of shares | Number | |||||||
| Hou Juncheng | 69,764,815 | RMB ordinary shares | 69,764,815 | |||||
| HKSCC | 46,410,868 | RMB ordinary shares | 46,410,868 | |||||
| Fang Yuyou | 36,347,843 | RMB ordinary shares | 36,347,843 | |||||
| Cao Liangguo | 3,769,938 | RMB ordinary shares | 3,769,938 | |||||
| ICBC - GF Multi-Factor Flexible Allocation Hybrid Securities Investment Fund | 1,817,599 | RMB ordinary shares | 1,817,599 | |||||
| CCB - Yinhua Fuyu Themed Hybrid Securities Investment Fund | 1,734,083 | RMB ordinary shares | 1,734,083 |
| CCB - CUAM Consumer Industry Hybrid Securities Investment Fund | 1,700,084 | RMB ordinary shares | 1,700,084 |
| ICBC - Invesco Great Wall Emerging Growth Hybrid Securities Investment Fund | 1,700,000 | RMB ordinary shares | 1,700,000 |
| Aberdeen Standard Investment Management (Asia) Limited - Aberdeen Standard - China A-Share Fund | 1,699,323 | RMB ordinary shares | 1,699,323 |
| Xu Junqing | 1,235,999 | RMB ordinary shares | 1,235,999 |
| Association or concerted action between the shareholders mentioned above | Fang Yuyou is the younger brother of Hou Juncheng's spouse Fang Aiqin, so Hou Juncheng and Fang Yuyou are associated. | ||
| Top 10 shareholders and top 10 unrestricted shareholders participating in margin financing and securities lending and refinancing (if any) | None | ||
III. Other RemindersOther important information on the Company's operation during the reporting period to be made knownto investors"□ Applicable" "√ Not applicable"
IV. Quarterly Financial Statements(I) Type of audit opinion"□ Applicable" "√ Not applicable"
(II) Financial statements
Consolidated Balance Sheet
March 31, 2022Prepared by: Proya Cosmetics Co., Ltd.
Unit: Yuan Currency: RMB Audit type: Unaudited
| Item | As of March 31, 2022 | As of December 31, 2021 |
| Current assets: | ||
| Cash and cash equivalents | 2,639,939,888.51 | 2,391,048,249.81 |
| Provision for settlement | ||
| Lendings to banks and other financial institutions | ||
| Trading financial assets | ||
| Derivative financial assets | ||
| Bill receivable | ||
| Accounts receivable | 150,599,732.70 | 138,626,627.90 |
| Receivables financing | 6,627,703.00 | 3,242,000.00 |
| Prepayments | 48,181,175.17 | 58,406,647.11 |
| Premiums receivable | ||
| Reinsurance accounts receivable | ||
| Provision for reinsurance contract receivable | ||
| Other receivables | 44,908,445.77 | 66,043,707.81 |
| Including: Interest receivable | ||
| Dividends receivable | ||
| Securities purchased under resale agreements | ||
| Inventory | 426,288,519.14 | 447,938,758.29 |
| Contract assets | ||
| Assets held for sale | ||
| Non-current assets due within one year | ||
| Other current assets | 47,786,244.41 | 53,534,962.39 |
| Total current assets | 3,364,331,708.70 | 3,158,840,953.31 |
| Non-current assets: | ||
| Loans and advances | ||
| Debt investments | ||
| Other debt investments | ||
| Long-term receivables | ||
| Long-term equity investments | 172,131,177.24 | 169,959,536.27 |
| Investments in other equity instruments | 56,402,400.00 | 56,402,400.00 |
| Other non-current financial assets | ||
| Investment property | 69,543,807.61 | 70,321,868.00 |
| Fixed assets | 560,326,096.14 | 558,981,209.20 |
| Construction in progress | 135,281,009.05 | 108,678,896.27 |
| Productive biological assets | ||
| Oil and gas assets | ||
| Right-of-use assets | ||
| Intangible assets | 392,695,636.64 | 397,145,124.29 |
| Development cost | ||
| Goodwill | ||
| Long-term deferred expenses | 27,265,269.92 | 29,756,474.11 |
| Deferred tax assets | 24,172,820.31 | 38,796,018.02 |
| Other non-current assets | 43,408,123.98 | 44,167,303.56 |
| Total non-current assets | 1,481,226,340.89 | 1,474,208,829.72 |
| Total assets | 4,845,558,049.59 | 4,633,049,783.03 |
| Current liabilities: | ||
| Short-term bank loans | 200,251,506.85 | 200,251,506.85 |
| Borrowings from the central bank | ||
| Loans from banks and other financial institutions | ||
| Trading financial liabilities | ||
| Derivative financial liabilities | ||
| Bills payable | 80,244,771.40 | 79,156,771.40 |
| Accounts payable | 477,350,760.31 | 404,026,241.16 |
| Advances from customers | 188,470.04 | 173,769.85 |
| Contract liabilities | 69,239,110.48 | 91,151,985.32 |
| Securities sold under repurchase agreements | ||
| Due from customers and banks | ||
| Receivings from vicariously traded securities | ||
| Receivings from vicariously sold securities | ||
| Employee benefits payable | 84,106,946.79 | 78,649,049.72 |
| Tax payable | 132,959,505.45 | 99,893,176.97 |
| Other payables | 58,330,633.84 | 62,162,153.55 |
| Including: Interest payable | ||
| Dividends payable | ||
| Fees and commissions | ||
| Reinsurance accounts payable | ||
| Held-for-sale liabilities | ||
| Non-current liabilities due within |
| one year | ||
| Other current liabilities | 1,574,450.01 | 9,521,415.32 |
| Total current liabilities | 1,104,246,155.17 | 1,024,986,070.14 |
| Non-current liabilities: | ||
| Reserves for insurance contracts | ||
| Long-term bank loans | ||
| Bonds payable | 703,452,989.64 | 695,586,778.80 |
| Including: Preferred stock | ||
| Perpetual bonds | ||
| Lease liabilities | ||
| Long-term payables | ||
| Long-term employee benefits payable | ||
| Estimated liabilities | 8,925,936.88 | 10,812,084.88 |
| Deferred income | 5,896,490.83 | 6,416,263.33 |
| Deferred tax liabilities | 8,408,158.81 | 8,408,158.81 |
| Other non-current liabilities | ||
| Total non-current liabilities | 726,683,576.16 | 721,223,285.82 |
| Total liabilities | 1,830,929,731.33 | 1,746,209,355.96 |
| Owner's equity (or Shareholders' equity): | ||
| Paid-in capital (or share capital) | 201,009,966.00 | 201,009,966.00 |
| Other equity instruments | 50,956,622.11 | 50,956,622.11 |
| Including: Preferred stock | ||
| Perpetual bonds | ||
| Capital reserve | 787,017,211.57 | 834,272,205.66 |
| Less: Treasury stock | 5,628,128.21 | |
| Other comprehensive income | -1,354,922.76 | -1,247,674.10 |
| Special reserve | ||
| Surplus reserve | 100,634,780.00 | 100,634,780.00 |
| General risk reserve | ||
| Undistributed profit | 1,855,399,050.72 | 1,696,978,064.52 |
| Total owner's equity (or shareholders' equity) attributable to the parent company | 2,993,662,707.64 | 2,876,975,835.98 |
| Minority interests | 20,965,610.62 | 9,864,591.09 |
| Total owner's equity (or shareholders' equity) | 3,014,628,318.26 | 2,886,840,427.07 |
| Total liabilities and owners' equity (or shareholders' equity) | 4,845,558,049.59 | 4,633,049,783.03 |
Legal representative: Hou Juncheng CFO: Wang Li Head of accounting department: Wang Li
Consolidated Income StatementJanuary to March 2022Prepared by: Proya Cosmetics Co., Ltd.
Unit: Yuan Currency: RMB Audit type: Unaudited
| Item | Q1 2022 | Q1 2021 |
| I. Gross revenue | 1,254,357,336.99 | 905,464,673.13 |
| Including: Operating revenue | 1,254,357,336.99 | 905,464,673.13 |
| Interest income | ||
| Earned premium | ||
| Fee and commission income | ||
| II. Total operating expenses | 1,039,831,788.21 | 779,738,541.63 |
| Including: Operating expenses | 406,738,634.99 | 322,264,228.48 |
| Interest expenses | ||
| Fee and commissions expenses | ||
| Surrender value | ||
| Net claims paid | ||
| Net provision for insurance liability reserves | ||
| Bond insurance expenses | ||
| Reinsurance expenses | ||
| Taxes and surcharges | 13,048,639.06 | 8,144,353.90 |
| Sales expenses | 531,525,291.08 | 377,754,359.96 |
| Administrative expenses | 64,720,039.25 | 52,312,582.26 |
| R&D expenses | 29,984,297.07 | 17,656,819.49 |
| Financial expenses | -6,185,113.24 | 1,606,197.54 |
| Including: Interest expenses | 3,290,554.12 | 2,959,908.29 |
| Interest income | 11,156,538.55 | 5,773,529.43 |
| Add: Other income | 14,423,871.50 | 3,530,669.17 |
| Investment income ("-" for losses) | -2,057,259.04 | -83,299.74 |
| Including: Income from investment in associates and joint ventures | -2,057,259.04 | -79,753.50 |
| Income from derecognition of financial assets measured at amortization | ||
| Exchange gains ("-" for losses) | ||
| Net exposure hedging gains ("-" for losses) | ||
| Income from changes in fair value ("-" for losses) | ||
| Credit impairment losses ("-" for losses) | -3,472,766.96 | 2,274,620.44 |
| Asset impairment losses ("-" for losses) | -17,017,524.51 | -328,307.81 |
| Gains from disposal of assets ("-" for | -1,416.28 |
| losses) | ||
| III. Operating profit ("-" for losses) | 206,401,869.77 | 131,118,397.28 |
| Add: Non-Operating revenue | 414,527.62 | 30,582.33 |
| Less: Non-operating expenses | 661,221.54 | 54,523.45 |
| IV. Total profit ("-" for total losses) | 206,155,175.85 | 131,094,456.16 |
| Less: income tax expenses | 36,756,456.24 | 24,279,745.48 |
| V. Net profit ("-" for net losses) | 169,398,719.61 | 106,814,710.68 |
| (I) Classification by continuity as a going concern | ||
| 1. Net profit from continuing as a going concern ("-" for net losses) | 169,398,719.61 | 106,814,710.68 |
| 2. Net profit from discontinuing as a going concern ("-" for net losses) | ||
| (II) Classification by ownership | ||
| 1. Net profit attributable to shareholders of the parent company ("-" for net losses) | 158,420,986.20 | 109,895,944.66 |
| 2. Minority interest income ("-" for net losses) | 10,977,733.41 | -3,081,233.98 |
| VI. Other comprehensive income, net of tax | -107,248.66 | -364,177.76 |
| (I) Other comprehensive income, net of tax attributable to owners of the parent company | -107,248.66 | -364,177.76 |
| 1. Other comprehensive income that cannot be reclassified to profit or loss | ||
| (1) Changes arising from the re-measurement of net liabilities or net assets 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 will be reclassified into profit or loss | -107,248.66 | -364,177.76 |
| (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 foreign currency financial statements | -107,248.66 | -364,177.76 |
| (7) Others | ||
| (II) Other comprehensive income, net of tax attributable to minority shareholders | ||
| VII. Total comprehensive income | 169,291,470.95 | 106,450,532.92 |
| (I) Total comprehensive income attributable to owners of the parent company | 158,313,737.54 | 109,531,766.90 |
| (II) Total comprehensive income attributable to minority shareholders | 10,977,733.41 | -3,081,233.98 |
| VIII. EPS: | ||
| (I) Basic earnings per share (RMB/share) | 0.79 | 0.55 |
| (II) Diluted earnings per share (RMB/share) | 0.78 | 0.55 |
In the case of merger under common control in the current period, the net profit realized by the mergedparty before the merger was RMB 0.00, and the net profit realized by the merged party for the previousperiod was RMB 0.00.Legal representative: Hou Juncheng CFO: Wang Li Head of accounting department: Wang Li
Consolidated Cash Flow Statement
January to March 2022Prepared by: Proya Cosmetics Co., Ltd.
Unit: Yuan Currency: RMB Audit type: Unaudited
| Item | Q1 2022 | Q1 2021 |
| I. Cash flows from operating activities: | ||
| Cash received from sales of goods and rendering of services | 1,334,925,554.96 | 1,089,758,485.27 |
| 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 banks and 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 | 47,205.42 | 3,124,105.70 |
| Other cash received related to operating activities | 38,518,490.99 | 20,519,108.16 |
| Subtotal of cash inflows from operating activities | 1,373,491,251.37 | 1,113,401,699.13 |
| Cash received from purchasing goods and accepting labor services | 364,344,313.82 | 420,589,796.75 |
| Net increase in loans and advances to customers | ||
| Net increase in deposits with the central bank and other banks | ||
| Cash paid for original insurance contract claims | ||
| Net increase in lendings to banks and other financial institutions | ||
| Cash received from interest, fees and commissions | ||
| Cash paid for policy dividends | ||
| Cash paid to and for employees | 140,426,002.53 | 134,515,707.43 |
| Cash paid for taxes and surcharges | 116,848,805.19 | 72,766,684.10 |
| Cash paid for other operating activities | 409,765,074.14 | 430,498,541.95 |
| Subtotal of cash outflows from operating activities | 1,031,384,195.68 | 1,058,370,730.23 |
| Net cash flow from operating activities | 342,107,055.69 | 55,030,968.90 |
| II. Cash flows from investing activities: | ||
| Cash back on investments | ||
| Cash received from investment income | ||
| Net cash received from the disposal of fixed assets, intangible assets and other | 1,000.00 |
| long-term assets | ||
| Net cash received from the disposal of subsidiaries and other units | ||
| Cash received from other investing activities | ||
| Subtotal of cash inflows from investing activities | 1,000.00 | |
| Cash paid for the acquisition and construction of fixed assets, intangible assets and other long-term assets | 35,510,518.32 | 45,788,653.75 |
| Cash paid for investments | 4,228,900.00 | |
| Net increase in pledge loans | ||
| Net cash paid for the acquisition of subsidiaries and other units | ||
| Cash paid for other investing activities | ||
| Subtotal of cash outflows from investing activities | 39,739,418.32 | 45,788,653.75 |
| Net cash flows from investing activities | -39,739,418.32 | -45,787,653.75 |
| III. Cash flows from financing activities: | ||
| Cash received from attraction of investments | 250,000.00 | |
| Including: Cash received from attraction of investments from minority shareholders | 250,000.00 | |
| Cash received from borrowings | 100,000,000.00 | |
| Cash received for other fundraising activities | ||
| Subtotal of cash inflows from financing activities | 100,250,000.00 | |
| Cash paid for debt repayments | 100,000,000.00 | 99,000,000.00 |
| Cash paid for distribution of dividends and profits or payment of interests | 1,898,750.01 | 2,852,875.00 |
| Including: Dividends and profits paid by subsidiaries to minority shareholders | ||
| Cash paid for other fundraising activities | 45,000,000.00 | 486,631.52 |
| Subtotal of cash outflows from financing activities | 146,898,750.01 | 102,339,506.52 |
| Net cash flows from financing | -46,648,750.01 | -102,339,506.52 |
| activities | ||
| IV. Effect of changes in exchange rates on cash and cash equivalents | -107,248.66 | -364,177.76 |
| V. Net increase in cash and cash equivalents | 255,611,638.70 | -93,460,369.13 |
| Add: Beginning balance of cash and cash equivalents | 2,378,334,768.09 | 1,401,850,754.88 |
| VI. Ending balance of cash and cash equivalents | 2,633,946,406.79 | 1,308,390,385.75 |
Legal representative: Hou Juncheng CFO: Wang Li Head of accounting department: Wang Li
The initial implementation of the new accounting standards from 2022 by adjusting the financialstatements at the beginning of the year of the initial implementation"□ Applicable" "√ Not applicable"
End of the announcement.
Board of Directors of Proya Cosmetics Co., Ltd
April 20, 2022