On August 25, Proya Cosmetics convened the sixth meeting of its fourth Board of Directors, at which the Proposal on the Appointment of Senior Management was reviewed and approved. The Board resolved to appoint Ms. Xue Xia as Board Secretary, with her term commencing upon approval and lasting until the expiration of the fourth Board's tenure.
Leveraging her extensive experience in capital market operations and multinational enterprise management, Ms. Xue Xia will play a pivotal role in driving Proya Cosmetics’s progress toward its planned Hong Kong listing. As an important step in Proya Cosmetics’s global development, the Hong Kong listing represents not only a significant breakthrough on the capital front but also a strategic move to equip the company with strong financial momentum for its global expansion. Through this listing, the company will gain more ample and stable financial support across multiple key areas, including core R&D investment, brand building, and international market expansion. At the same time, the introduction of international investors and long-term capital following the Hong Kong listing will significantly enhance the liquidity of the company’s shares, deliver more diversified value returns to shareholders, and further strengthen Proya Cosmetics’s capital ecosystem, laying a solid financial foundation for the long-term advancement of its global strategy.
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