Proya Cosmetics completes share repurchase, convertible bond price unchanged

Proya Cosmetics Co., Ltd. has finalized the repurchase and cancellation of 29,344 restricted shares. The company confirmed this move would not trigger an adjustment to the conversion price of its "Proya convertible bonds," which remains at CNY 95.46 per share.

The company stated the reason for the non-adjustment is the relatively small proportion of the repurchased and cancelled restricted shares compared to its total share capital. The total share capital used for calculation, prior to the repurchase and cancellation, was 396,005,342 shares as of November 17, 2025. The repurchase price was CNY 52.213 per share.

The company issued 7,517,130 convertible bonds, each with a face value of CNY 100, totaling CNY 751,713,000. These have been trading on the Shanghai Stock Exchange since January 4, 2022. The conversion period for these bonds is from June 14, 2022, to December 7, 2027, with an initial conversion price of CNY 195.98 per share.