Core Insights - Miniso, a global new retail enterprise headquartered in Guangzhou, is gaining momentum in overseas markets and its founder, Ye Guofu, represented outstanding private entrepreneurs from Guangzhou at a recent meeting hosted by the Premier [2][7]. Group 1: Company Overview - Miniso has over 7,400 stores worldwide, covering 112 countries and regions, with a current market capitalization of approximately HKD 55 billion [7]. - The company plans to spin off its sub-brand TOP TOY for independent listing on the Hong Kong Stock Exchange, with TOP TOY currently valued at around HKD 10 billion [7]. Group 2: Leadership and Background - Ye Guofu, born in 1977 in Hubei, has a strong connection to Guangdong, having moved there for work after graduating from vocational school in 1998 [7]. - Ye founded the well-known accessory store "Aiyaya" in 2001 and established Miniso in 2013, later acquiring shares in Yonghui Supermarket to lead reforms [7].

Group 1 - ASEAN is currently China's largest trading partner, and 2024-2025 is designated as the "China-ASEAN Cultural Exchange Year" [1] - A delegation from ASEAN countries, including representatives from Singapore, Myanmar, Malaysia, Thailand, Laos, Vietnam, Cambodia, and Indonesia, visited Guangzhou to enhance cooperation with the Guangdong-Hong Kong-Macao Greater Bay Area [1] - The delegation praised the achievements of the Sino-Singapore Guangzhou Knowledge City and expressed interest in promoting more Singaporean enterprises to develop there [1] Group 2 - The delegation experienced the development of Guangzhou's automotive industry, particularly its complete new energy vehicle supply chain, and plans to promote cooperation with their home countries [1] - The delegation visited the exhibition of Visionox Technology Co., Ltd., where they were impressed by the company's products and expressed intentions to introduce these products to their home markets [2] - The delegation also toured Nansha District, learning about its strategic positioning and development plans, and expressed interest in enhancing cooperation in industrial connections and port logistics [2]