Regulatory Risks - The company is subject to the Holding Foreign Companies Accountable Act (HFCAA), which may prohibit trading of its shares if audit reports are not issued by a PCAOB-inspected firm for two consecutive years[25]. - As of December 15, 2022, the PCAOB has not issued any new determination regarding its ability to inspect firms in mainland China and Hong Kong, which may affect the company's status under the HFCAA[27]. - The company faces significant risks related to doing business in China, including regulatory approvals and cybersecurity compliance, which could materially impact operations and the value of its American Depositary Shares (ADSs)[29]. - The PRC government's authority over foreign investments and offerings could hinder the company's ability to raise capital or continue operations in the U.S. or other foreign exchanges[29]. - The company is subject to filing requirements under the Overseas Listing Trial Measures for future securities offerings and listings outside of mainland China[42]. - The company may face additional regulatory requirements and scrutiny in Hong Kong regarding data security[185]. Cybersecurity and Data Compliance - The Cybersecurity Review Measures require network platform operators holding personal information of over one million users to undergo a cybersecurity review before public offerings, which the company was not subject to during its IPO[39]. - The Cyber Data Regulations, effective January 1, 2025, impose new legal requirements for data security and may subject the company to national security reviews if its activities impact national security[40]. - The company has not been identified as a critical information infrastructure operator (CIIO) by PRC authorities, which would require compliance with additional cybersecurity reviews[40]. - The company may be subject to cybersecurity reviews if deemed a "critical information infrastructure operator," which could impact operations and compliance requirements[183]. - The company must comply with increasingly stringent data security regulations in China, which may lead to operational changes and increased costs[183]. - The company has adopted security measures to protect proprietary and consumer data, but risks of breaches remain due to evolving technology and hacker expertise[182]. Financial Performance - Revenue for the fiscal year ended June 30, 2023, reached RMB 11,473,208, an increase of 13.8% compared to RMB 10,085,649 in 2022[61]. - Gross profit for the fiscal year ended June 30, 2023, was RMB 4,443,052, representing a gross margin of approximately 38.8%[61]. - Operating profit for the fiscal year ended June 30, 2023, increased to RMB 2,223,011, up from RMB 882,027 in 2022, marking a growth of 151.5%[61]. - Net profit for the fiscal year ended June 30, 2023, was RMB 1,781,829, compared to a loss of RMB 1,429,447 in 2021[61]. - The company reported a total comprehensive income of RMB 1,823,027 for the fiscal year ended June 30, 2023, compared to RMB 680,237 in 2022[61]. - For the fiscal year ending December 31, 2024, the company anticipates revenue to reach RMB 16,994,025, indicating a projected growth of 22.5%[61]. Dividends and Capital Management - A cash dividend of US$0.412 per ADS was declared on August 22, 2023, totaling US$128.8 million (RMB 923.7 million) to shareholders[57]. - The company intends to distribute dividends annually representing no less than 50% of its annual adjusted net profit, which excludes equity-settled share-based payment expenses[57]. - The company’s ability to pay dividends depends on the dividends received from its PRC subsidiaries, which can only be paid out of retained earnings[52]. - The aggregate amount of cash dividends paid in the fiscal year ended June 30, 2022, was US$53.6 million[57]. - The company believes its cash and cash equivalents will be sufficient for at least the next 12 months, but may need additional capital for future investments or acquisitions[213]. Inventory and Supply Chain Management - The company recorded an inventory write-down of RMB 25.1 million for the fiscal year ended December 31, 2024, indicating challenges in managing new product categories[91]. - As of June 30, 2023, the company's inventories increased to RMB1,450.5 million from RMB1,188.1 million as of June 30, 2022, and are projected to reach RMB2,750.4 million (US$376.8 million) by December 31, 2024[140]. - The inventory turnover days were 68 days for the fiscal year ended June 30, 2023, compared to 70 days for the fiscal year ended June 30, 2022, and are expected to increase to 91 days for the fiscal year ended December 31, 2024[140]. - The company faces risks related to inventory management, including potential obsolescence and the need for significant capital resources[142]. Market and Competitive Landscape - The company is subject to intense competition in the retail industry, which may impact its market share and financial performance[146]. - Economic conditions, including inflation and consumer confidence, significantly impact the company's pricing strategy and overall profitability[88]. - The company faces risks related to maintaining competitive prices due to potential tariffs and anti-dumping duties in overseas markets[89]. - The company’s success is heavily dependent on consumer demand and discretionary spending, which are influenced by various external economic factors[81]. International Operations and Expansion - The company plans to expand its store network both domestically and internationally, relying on MINISO Retail Partners and local distributors for this expansion[94]. - Revenue from international markets for the fiscal year ended December 31, 2024, was RMB6,681.9 million (US$915.4 million), accounting for 39.3% of total revenue[103]. - The company has temporarily terminated operations in Ukraine and ceased all operations in Russia as of March 31, 2023[104]. - MINISO's international operations face additional risks, including limited brand recognition and compliance with local laws and regulations[105]. Legal and Compliance Issues - The company has initiated legal proceedings against a former distributor in Thailand for violations of intellectual property rights, with the amount in dispute being immaterial to its business operations[115]. - The company faces potential monetary penalties of up to €20 million or 4% of worldwide turnover under the GDPR for non-compliance[187]. - The company anticipates ongoing legal proceedings, including securities class actions, which could adversely affect its reputation and financial condition[192]. - The company is exposed to risks associated with acquisitions, including integration challenges and potential negative publicity[194]. Technology and Data Security - The company relies on information technology systems for operations, and any malfunction could disrupt business activities and financial results[175]. - A significant breach of consumer or company data could lead to reputational damage, lost sales, and legal consequences[179]. - The company has invested in new technologies and business initiatives to remain competitive, but there are significant risks associated with these investments[178]. Strategic Initiatives - The company plans to expand and upgrade its store network globally and enhance product development and supply chain capabilities to drive sustainable growth[138]. - The company aims to deepen consumer engagement and accelerate digital transformation of its stores to support growth initiatives[138].

名创优品围绕"儿童"、"女性"、"重疾"、"灾害"和"小动物"五大公益主题，积极推动多项公益项目的落 地，携手各界力量共同构建公益新生态。其中，"小动物保护公益基金项目"为名创优品的核心公益项 目。2023年，名创优品携手北京爱它动物保护公益基金会，捐赠人民币1，000万元成立该项目，以专 业、关爱、共生的公益理念和行动，传递科学的小动物保护及救助观念。2024年，名创优品和它基金成 功推动380只流浪动物及110只退役工作犬进入新家庭，捐赠388个流浪猫绝育名额与2，000份流浪猫 窝。 同时，依托全国1400余家门店的"公益蓝"专区，名创优品将公益转化为可感知的消费体验。消费者随手 购买一件公益专区商品，将自动触发"1元捐赠"机制，全年带动上万消费者成为"善意传播者"，共计捐 赠506，992元帮助流浪动物的科学救助，让公益从"概念"落地为触手可及的生活场景（罗宁） 责任编辑：何俊熹 新浪科技讯 4月24日下午消息，名创优品发布2024年ESG报告，披露其在社会责任、绿色产品及公益慈 善等方面的优秀实践、重点绩效及未来展望。报告显示，国际权威指数机构MSCI（明晟）连续三年上 调名创优品ESG评级至"AA ...

自4月3日美国总统特朗普正式宣布"对等关税"以来，中美之间多次互相提高关税，目前双方相互加征的关税都已在100%以上。且随着贸易摩擦的升温，中美两国 之间的角力有着进一步向其他领域扩散的风险。 值得关注的是：① 近日美国财政部长曾表示， 不排除以在美上市的中概公司强制退市，作为两国间谈判的筹码之一；② 2月21日， 白宫发布了"America First Investment Policy"备忘录中，也提及了在一定情况下限制美国资金投资于部分中国公司/资产的可能性。 虽然上述两条潜在的风险截至目前仅停留在口头阶段，美国政府尚没有进行任何实质性的动作。但历史上，中概退市威胁并非没有先例： 2020年~2022年间美国政 府就曾以HFCAA法案下，无法获得中概上市公司的审计监管权的原因，正式推进过中概在美退市。 尽管后续中美两国政府达成了协议，中概从美股全面退市并没真正发生，但仍有中移动等公司在争端期间被美政府强制退市，后有如中国石油等在争端缓解后仍 主动选择退市。 由此可见，无论是 强制中概从美股退市、抑或禁止美国资金投资中国资产，虽然最终落地的概率应当非常小，但属于存在先例、不能视而不见的"黑天鹅"风险。 海 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本通告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本通告全部或任何部分內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 MINISO Group Holding Limited 名創優品集團控股有限公司 （於開曼群島註冊成立的有限責任公司） （股份代號：9896） 股東週年大會通告 茲通告名創優品集團控股有限公司（「本公司」）謹訂於2025年6月12日（星期四） 上午十一時正假座香港新界荃灣楊屋道88號Plaza 88之35樓B-D室為以下目的舉行股東 週年大會（「股東週年大會」）： 普通決議案 – 1 – 1. 省覽及採納本公司截至2024年12月31日止財政年度的經審計綜合財務報表 以及董事會報告及核數師報告。 2. 授權本公司董事（「董事」）會（「董事會」）釐定董事酬金。 3. 委任安永會計師事務所及安永華明會計師事務所（特殊普通合夥）為本公司 核數師，並授權董事會釐定其截至2025年12月31日止年度的酬金。 4. 考慮及酌情通過（無論有否修訂）以下決議案為普通決議案： (A) 「動議： (i) 在下文(iii)段 ...

此乃要件 請即處理 閣下如對本通函任何方面或對應採取行動有任何疑問，應諮詢 閣下的股票經紀或其他註冊證券交易商、銀行經理、律師、專 業會計師或其他專業顧問。 閣下如已售出或轉讓名下所有名創優品集團控股有限公司的股份，應立即將本通函及隨附的代表委任表格送交買主或承讓人， 或經手買賣或轉讓的銀行、股票經紀或其他代理商，以便轉交買主或承讓人。 本通函提供中英文版本。如存在任何歧義，概以英文版本為準。 2025年4月24日 （紐交所：MNSO；香港聯交所：9896） (4) 建議委任核數師； 及 (5) 股東週年大會通告 名創優品集團控股有限公司謹訂於2025年6月12日（星期四）上午十一時正假座香港新界荃灣楊屋道88號Plaza 88之35樓B-D室 舉行股東週年大會（「股東週年大會」），召開大會的通告載於本通函第17至22頁。本通函亦隨附股東週年大會適用的代表委任 表格。該代表委任表格亦登載於香港聯交所網站( www.hkexnews.hk )及本公司網站( ir.miniso.com )。 本公司誠邀截至股份記錄日營業時間結束時（香港時間）名列本公司股東名冊的股份持有人親身出席股東週年大會。本公司亦 誠邀截至美 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 MINISO Group Holding Limited 名創優品集團控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：9896） 調整股票掛鈎證券及看漲期權價差行使價 茲提述名創優品集團控股有限公司（「本公司」，連同其附屬公司統稱「本集團」） 日期為2025年1月7日有關發行股票掛鈎證券及訂立上限認股權證的公告（「該公 告」）。本公告所用詞彙與該公告所界定者具有相同涵義。 茲進一步提述本公司日期為2025年3月21日的公告，內容有關董事會批准就截至 2024年12月31日止財政年度派發末期現金股息，金額為每股美國存託股0.3268美 元或每股0.0817美元（「2024年末期股息」）。截至本公告日期，已分別向相關股份 及美國存託股持有人悉數支付2024年末期股息。 調整股票掛鈎證券行使價 截至本公告日期，董事會包括執行董事葉國富先生，以及獨立非執行董事徐黎黎 女士、朱擁華先生及王永平先生。 根 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 MINISO Group Holding Limited 名創優品集團控股有限公司 畢馬威華振會計師事務所（特殊普通合夥）自2019年起按照美國公眾公司會計監督 委員會準則對本集團綜合財務報表進行審計，畢馬威會計師事務所自2022年起按 照香港審計準則對本集團綜合財務報表進行審計。為貫徹良好的企業管治常規， 董事會認為於一段適當時間後更換核數師將有助於提升本公司外部審計的獨立性 和客觀性。董事會認為，畢馬威會計師事務所退任本公司核數師符合本公司及股 東的整體利益。 建議更換核數師 本公告由名創優品集團控股有限公司（「本公司」，連同其附屬公司統稱「本集團」） 根據《香港聯合交易所有限公司證券上市規則》（「香港上市規則」）第13.51(4)條作 出。 本公司董事會（「董事會」）宣佈，本公司現任核數師畢馬威會計師事務所將於其現 時任期屆滿後於本公司應屆股東週年大會（「股東週年大會」）結束時退任本公司核 數師。 ...

MINISO Group Holding Limited (A company incorporated in the Cayman Islands with limited liability) ( 於開曼群島註冊成立的有限責任公司 ) Stock Code 股份代號 : 9896 2024 環境、社會及管治報告 Environmental, Social and Governance Report Contents 目 錄 About This Report | 關於本報告 | 2 | | --- | --- | | Message From the Chairman | | | 董事會主席致辭 | 4 | | About Us | | | 關於我們 | 8 | | ESG Governance | | | ESG管治 | 11 | 01 Compliance Governance to Build a Solid Foundation 合規管治 築牢美好之基 | Compliance Governance | | | --- | --- | | 合規治理 | 32 | | Business Ethics ...

Financial Reporting Changes - The company announced a change in its financial year end date from June 30 to December 31, effective immediately, resulting in a six-month audited financial statement covering July 1, 2023, to December 31, 2023[13]. - The annual report for the current financial period covers a full year from January 1, 2024, to December 31, 2024[13]. - To enhance comparability, the company included unaudited financial results for the twelve months ended December 31, 2023, derived from combining previous financial results[14]. - The financial performance highlights and detailed results for the six-month period will be available in the annual report, which includes key metrics and performance indicators[4]. - The company is expected to provide guidance on performance metrics and targets for the upcoming fiscal year in the annual report[4]. - The report will also cover any potential mergers and acquisitions or strategic initiatives that may impact future growth[4]. - The company aims to maintain transparency and accuracy in its financial reporting, as emphasized by the involvement of KPMG as its auditor[9]. Financial Performance Metrics - Revenue for the six months ended December 31, 2023, was RMB 7,632,467 thousand, representing a significant increase compared to RMB 13,838,797 thousand for the twelve months ended December 31, 2023[16]. - Gross profit for the fiscal year ended December 31, 2024, reached RMB 7,637,060 thousand, up from RMB 5,698,431 thousand for the twelve months ended December 31, 2023, indicating a growth of approximately 34.1%[16]. - Operating profit for the six months ended December 31, 2023, was RMB 1,553,707 thousand, which is a substantial increase from RMB 2,819,648 thousand for the twelve months ended December 31, 2023[16]. - Profit for the period attributable to equity shareholders of the Company for the fiscal year ended December 31, 2024, was RMB 2,617,560 thousand, compared to RMB 2,253,241 thousand for the twelve months ended December 31, 2023, reflecting an increase of approximately 16.2%[16]. - Basic earnings per share for the fiscal year ended December 31, 2024, was RMB 2.11, up from RMB 1.81 for the twelve months ended December 31, 2023, representing a growth of 16.6%[16]. - Adjusted net profit for the six months ended December 31, 2023, was RMB 1,302,509 thousand, compared to RMB 2,356,729 thousand for the twelve months ended December 31, 2023[16]. - Adjusted net profit for the fiscal year ended December 31, 2024, was RMB 2,720,612 thousand[28]. - Adjusted EBITDA for the fiscal year ended December 31, 2024, was RMB 4,334,325 thousand[28]. Store Expansion and Market Presence - For the fiscal year ended December 31, 2024, MINISO's total number of stores increased from 6,413 to 7,504, representing a growth of approximately 17%[30]. - As of December 31, 2024, MINISO operated nearly 4,400 stores in mainland China and over 3,100 stores in overseas markets[35]. - The number of TOP TOY stores increased from 148 to 276, marking an increase of approximately 86%[30]. - The number of directly operated TOP TOY stores grew from 14 in 2023 to 40 in 2024, indicating a strong expansion strategy[37]. - The total number of MINISO stores in overseas markets increased from 2,487 in 2023 to 3,118 in 2024, representing a growth of approximately 25.3%[58]. - The number of stores operated under the MINISO Retail Partner model in mainland China increased from 3,878 in 2023 to 4,335 in 2024, a net increase of 457 stores[40]. - The company has begun expanding the TOP TOY store network to overseas markets starting in 2024, aligning with its global expansion strategy[36]. Financial Position and Assets - Total assets as of December 31, 2024, were RMB 18,120,128 thousand, an increase from RMB 14,485,309 thousand as of December 31, 2023, indicating a growth of approximately 25.5%[18]. - Non-current assets as of December 31, 2024, reached RMB 6,464,627 thousand, up from RMB 4,157,675 thousand as of December 31, 2023, reflecting an increase of about 55.4%[18]. - Total liabilities as of December 31, 2024, were RMB 7,764,606 thousand, compared to RMB 5,294,092 thousand as of December 31, 2023, indicating an increase of approximately 46.8%[18]. - The company’s cash and cash equivalents totaled RMB 6,698.1 million, down from RMB 6,887.0 million as of December 31, 2023[139]. - The company has a capital commitment of RMB 633.5 million as of December 31, 2024, down from RMB 837.2 million as of December 31, 2023, primarily due to the construction of the headquarters building[163]. Strategic Initiatives and Future Outlook - The company plans to use the net proceeds for overseas store network expansion, supply chain optimization, brand building, and share repurchase programs[87]. - The share repurchase program allows for the repurchase of up to HK$2 billion in value of Shares and/or ADSs over a 12-month period starting from August 30, 2024[90]. - The company aims to strengthen its product offerings and optimize its store network as part of its long-term strategic goals for 2025[100]. - The company will adopt a flexible operating model for each overseas market to expand its store network in strategic markets such as North America, Asia, and Europe[99]. - The company plans to implement the "Super Store" strategy to enhance brand image and target "Big Beauty," "Big Toys," and "Big IPs" as super categories[102]. Risks and Challenges - The company faces risks related to consumer demand and discretionary spending, particularly in the context of economic downturns[186]. - The company faces significant risks related to maintaining competitive pricing and high-quality products, which could materially affect its business and financial condition[188]. - A substantial portion of the company's operations are conducted in China, exposing it to various legal, regulatory, and economic risks that could impact its operations and securities value[189]. - The trading price of the ADSs and shares has been volatile, potentially resulting in substantial losses for investors[196]. - The concentration of share ownership among executives and principal shareholders may limit investors' influence on corporate matters[196]. Legal and Compliance Matters - The company is involved in a federal securities class action lawsuit, with a court decision on a motion to dismiss expected in February 2024[164]. - Compliance with relevant laws and regulations has been maintained during the reporting period, impacting the group's operations[192]. - The company has not established any detailed future plans for material investments or capital assets as of December 31, 2024[151].

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 名創優品集團控股有限公司 呈交日期： 2025年4月24日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 09896 | 說明 | | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | | | ...