珀莱雅：2025年半年度报告

Important Notes I.The Board of Directors, Board of Supervisors, directors, supervisors and senior managementof the Company warrant that the content of the Semi-Annual Report isauthentic, accurate andcomplete, free from false records, misleading statements and major omissions, and shall be jointlyand severally liable therefore. II.All directors of the Company attended the meeting of the Board of Directors. III.The Semi-Annual Reporthas not been audited. IV.HOU Juncheng, chairman of the Company,and HOU Yameng, CFO, and Ma Nan, person incharge of Accounting Department (and Head of the Accounting Department)of the Companyrepresent and warrant that the financial report in the Semi-Annual Report is authentic, accurateand complete. V.The profit distribution plan or the plan for capitalization of capital reserves for the ReportingPeriod approved by the Board of Directors The Company proposes to distribute a cash dividend of RMB8.00 (taxinclusive) for every 10 shares to allregistered shareholders based on the total share capital (excluding the shares held in the Company’s specialsecurities account for repurchase) as of the equity registration date for the implementation of the profitdistribution. Based on the total share capital of 396,247,646 shares as of June 30, 2025, and after deducting2,210,825 shares held in the Company’s special securities account for repurchase, the estimated aggregatecash dividend to be distributed will be RMB315,229,456.80 (tax inclusive). No capitalization of the capitalreserve into share capital and no bonus shares will be implemented. Prior to the equity registration datefor the implementation of the profit distribution, if the Company’s total share capital changes due to theconversion of convertible bonds or other reasons, the distribution ratio per share will remain unchanged,and the total distribution amount will be adjusted accordingly. VI.Disclosure of risks involved in forward-looking statements "√ Applicable""□ Not applicable"The Report contains forward-looking statements which involve the future plans, development strategies,etc. of the Company, yet do not constitutesubstantive undertakings of the Company to investors. Investorsshould exercise caution prior to making investment decisions. VII.Whether there is any non-operating capital occupation by a controlling shareholder and otherrelated parties No VIII.Whether there isany external guarantee provided in violation of specified decision-makingprocedures IX.Whether the majority of the directors are unable to warrant the authenticity, accuracy andcompleteness of the Semi-Annual Report disclosed by the CompanyNo X.Disclosure of major risks The Company has disclosed the existing risks in details in this Report. Refer to “(I) Possible risks”, “V.Other Disclosures”, “Section III Management Discussion and Analysis”. XI.Others "□ Applicable""√Not applicable" CONTENTS Section IDefinitions.........................................................................................................................5Section IICompany Profile and Key Financial Indicators............................................................5Section IIIManagement Discussion and Analysis...........................................................................8Section IVCompany Governance, Environment, andSociety.....................................................29Section VImportant Matters.........................................................................................................32Section VIShareholders and Changes in Shares...........................................................................66Section VIIInformation on Bonds....................................................................................................73Section VIIIFinancial Report.............................................................................................................79 Section IDefinitions Section IICompany Profile and Key Financial Indicators I.Company Information II.Contact Details IV.Changes in Information Disclosure and Places for Inspection V.Stock Overview VI.Other Relevant Information "□ Applicable""√Not applicable" VII.Key Accounting Data and Financial Indicators of the Company(I)Key accounting data (II)Key financial indicators Notes to key accounting data and financial indicators"□ Applicable""√Not applicable" VIII.Differences inAccounting Data under Chinese and International Accounting Standards"□ Applicable""√Not applicable" Unit: Yuan Currency: RMBNotes (if applicable) The reasons should be explained for the Company defining items not listed in theExplanatoryAnnouncement on Information Disclosure for Companies Offering Their Securities to the Public No.1–Non-Recurring Gains and Lossesas non-recurring gains and losses items of high value, and defining thenon-recurring gains and losses items listed in the same document as recurring gains and losses items."□ Applicable""√Not applicable" X.Companieswith