MINISO Group's Chairman Plans to Increase Shareholding
In a recent announcement from Guangzhou, China, the Chairman and CEO of MINISO Group Holding Limited, Mr. Guofu Ye, expressed his intention to bolster his ownership in the company. This move signifies his unwavering confidence in MINISO's value and prospects for sustained growth. Over the next 12 months, Ye plans to purchase shares of the company, including American Depositary Shares (ADSs) and ordinary shares listed on the Hong Kong Stock Exchange, utilizing his own funds for a minimum investment of HK$50 million (about US$6.4 million).
Mr. Ye stated, "MINISO's journey and performance over the past several years have fully validated the soundness of the Company's strategic direction and the outstanding execution capability of our team. I am highly confident in the Company's continued growth and am demonstrating that commitment through concrete action." His personal investment reflects a positive outlook on the company's ability to navigate the retail landscape and capitalize on emerging market opportunities.
Due to the pending announcement of the company's financial results for the first quarter ended March 31, 2026, Ye is currently under trading blackout restrictions in compliance with MINISO's insider trading policy. Consequently, he plans to initiate this share acquisition plan during the first allowable trading window following the announcement, ensuring that all transactions adhere to applicable laws and regulations.
As of the date of the announcement, Ye owns approximately 63.7% of MINISO's total issued shares, amounting to over 789 million ordinary shares. This substantial equity stake indicates his significant investment in the company's future and aligns his interests with those of other shareholders.
About MINISO Group
Established in 2013, MINISO has grown into a well-regarded global retailer known for offering a wide range of lifestyle products characterized by unique IP designs. The brand has gained popularity due to its trendiness, affordability, and quality, which resonate well with consumers. The company's strategy includes constant product refreshment and expanding its store network, all aimed at meeting diverse consumer needs worldwide.
The retail sector continues to evolve, and with Ye's proactive share acquisition plan, MINISO aims to not only strengthen its market position but also enhance shareholder value. As the company prepares for its financial disclosures, all eyes will be on its performance metrics and strategic initiatives, which are anticipated to reinforce confidence among investors and stakeholders alike.
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