Recently, China Cosmetics magazine announced the "Top 10 Newsmakers in the Chinese Cosmetic Industry 2023", and Hou Juncheng, Chairman of PROYA, was honored on the list. As a leading figure in the Chinese cosmetic industry, he has led PROYA to reach the zenith of the domestic beauty and cosmetics market, establishing itself as an industry benchmark.
Under his exceptional leadership and innovative guidance, PROYA has achieved a remarkable revenue of RMB 5.249 billion in the first three quarters of 2023, making PROYA the top revenue-generating listed cosmetic company in China. His contributions have also earned him the "2023 China Listed Company Pioneer" award. Mr. Hou consistently emphasizes the importance of technological innovation as a core driving force. In 2023, PROYA's two major research and development centers in Hangzhou and Shanghai commenced operations, with a significant investment of RMB 129 million in research and development within the first three quarters. The announcement of the first approved anti-aging cyclic peptide ingredient "Cyclotide-161" has placed PROYA at the forefront of industry technological advancements. In the realm of sustainable development, PROYA has achieved an AA level in Wind ESG rating.
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