MINISO Founder Ye Guofu Reaffirms Significant Stake

TL;DR

**MINISO founder Ye Guofu still holds a big chunk of the company, showing he's in it for the long haul.**

AI Summary

Ye Guofu, the founder of MINISO Group Holding Ltd, filed an amended SC 13G/A on February 2, 2024, indicating his continued beneficial ownership of the company's ordinary shares as of December 31, 2023. This filing, an amendment number 3, confirms his significant stake, which is held indirectly through various entities like MINI INVESTMENT LTD and YGF DEVELOPMENT LTD. This matters to investors because it shows that the company's founder maintains a substantial, long-term interest in MINISO, which can be a sign of confidence in its future performance.

Why It Matters

This filing confirms the founder's continued substantial ownership, signaling his long-term commitment and confidence in MINISO's future, which can reassure investors.

Risk Assessment

Risk Level: low — The filing indicates stable ownership by a key insider, which generally reduces investment risk.

Analyst Insight

A smart investor would view this as a positive signal, indicating strong insider confidence, and might consider MINISO Group Holding Ltd for a long-term holding.

Key Numbers

• $0.00001 — Par value per ordinary share (The nominal value of each ordinary share of MINISO Group Holding Ltd.)
• 66981J 102 — CUSIP Number (Identifies the American Depositary Shares (ADSs) of MINISO Group Holding Ltd, which are quoted on the NYSE under 'MNSO'.)
• December 31, 2023 — Date of Event (The date as of which the beneficial ownership information in the filing is reported.)
• Amendment No. 3 — Filing Amendment Number (Indicates this is the third amendment to the original Schedule 13G filing by Ye Guofu.)

Key Players & Entities

• Ye Guofu (person) — Reporting Person and founder of MINISO Group Holding Ltd
• MINISO Group Holding Ltd (company) — The Issuer of the securities
• MINI INVESTMENT LTD (company) — Group member through which shares are held
• YGF DEVELOPMENT LTD (company) — Group member through which shares are held
• YUNYUN YANG (person) — Group member
• Ordinary Shares, par value $0.00001 per share (dollar_amount) — Title of Class of Securities

Forward-Looking Statements

• Ye Guofu will maintain a significant ownership stake in MINISO Group Holding Ltd. (Ye Guofu) — high confidence, target: December 31, 2024
• MINISO Group Holding Ltd's stock performance will be positively influenced by founder confidence. (MINISO Group Holding Ltd) — medium confidence, target: June 30, 2024

FAQ

Key Financial Figures

• $0.00001 — of Issuer) Ordinary Shares, par value $0.00001 per share (Title of Class of Securiti

Filing Documents

• tm244873d1_sc13ga.htm (SC 13G/A) — 169KB
• tm244873d1_ex99a.htm (EX-99.A) — 8KB
• 0001104659-24-009685.txt ( ) — 179KB

(a). Name of Issuer

Item 1(a). Name of Issuer: Miniso Group Holding Limited (the “Issuer”)

(b). Address of Issuer’s Principal Executive Offices

Item 1(b). Address of Issuer’s Principal Executive Offices: 8F, M Plaza, No. 109, Pazhou Avenue, Haizhu District, Guangzhou 510000, Guangdong Province, the People’s Republic of China

(a). Name of Person Filing

Item 2(a). Name of Person Filing: Guofu Ye Mini Investment Limited YGF MC Limited YGF Development Limited Yunyun Yang YYY MC Limited YYY Development Limited (collectively, the “Reporting Persons”)

(b). Address of Principal Business Office or, if none, Residence

Item 2(b). Address of Principal Business Office or, if none, Residence: The business address of the Reporting Persons is 8F, M Plaza, No. 109, Pazhou Avenue, Haizhu District, Guangzhou 510000, Guangdong Province, the People’s Republic of China

(c). Citizenship

Item 2(c). Citizenship: Guofu Ye – People’s Republic of China Mini Investment Limited – British Virgin Islands YGF MC Limited – British Virgin Islands YGF Development Limited – British Virgin Islands Yunyun Yang – People’s Republic of China YYY MC Limited – British Virgin Islands YYY Development Limited – British Virgin Islands

(d). Title of Class of Securities

Item 2(d). Title of Class of Securities: Ordinary shares, par value $0.00001 per share, of the Issuer

(e). CUSIP Number

Item 2(e). CUSIP Number: 66981J 102 This CUSIP number applies to the American depositary shares of the Issuer, each representing four ordinary shares of the Issuer. No CUSIP number has been assigned to the ordinary shares of the Issuer. Item 3. If this statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the persons filing is a: Not applicable CUSIP Number: 66981J102 Page 9 of 12

Ownership

Item 4. Ownership The following information with respect to the ownership of the ordinary shares of par value of $0.00001 per share of the Issuer by each of the Reporting Persons is provided as of December 31, 2023: Reporting Person* Amount beneficially owned Percent of class (1) Percent of aggregate voting power (1) Sole power to vote or direct the vote Shared power to vote or to direct the vote Sole power to dispose or to direct the disposition of Shared power to dispose or to direct the disposition of Guofu Ye 775,541,061 (2) 61.4 % 61.4 % 0 775,541,061 (2) 0 775,541,061 (2) Yunyun Yang 775,541,061 (3) 61.4 % 61.4 % 0 775,541,061 (3) 0 775,541,061 (3) Mini Investment Limited 314,290,482 (4) 24.9 % 24.9 % 0 314,290,482 (4) 0 314,290,482 (4) YGF Development Limited 314,290,482 (4) 24.9 % 24.9 % 0 314,290,482 (4) 0 314,290,482 (4) YGF MC Limited 203,401,382 (5) 16.1 % 16.1 % 0 203,401,382 (5) 0 203,401,382 (5) YYY MC Limited 257,849,197 (6) 20.4 % 20.4 % 0 257,849,197 (6) 0 257,849,197 (6) YYY Development Limited 257,849,197 (6) 20.4 % 20.4 % 0 257,849,197 (6) 0 257,849,197 (6) * Mini Investment Limited is wholly owned by YGF Development Limited, a limited liability company incorporated under the laws of British Virgin Islands. All shares of YGF Development Limited are held by TMF (Cayman) Ltd. on behalf of YGF Trust, with TMF (Cayman) Ltd. as the trustee, and Mr. Ye and his family members as beneficiaries. Mr. Guofu Ye is deemed to be the controlling person of the trust. YGF MC Limited is wholly-owned by Mr. Guofu Ye. YYY MC Limited is wholly owned by YYY Development Limited, a limited liability company incorporated under the laws of British Virgin Islands. All shares of YYY Development Limited are held by TMF (Cayman) Ltd. on behalf of YYY Trust, with TMF (Cayman) Ltd. as the trust

Ownership of Five Percent or Less of a Class

Item 5. Ownership of Five Percent or Less of a Class: Not applicable

Ownership of More than Five Percent on Behalf of Another Person

Item 6. Ownership of More than Five Percent on Behalf of Another Person: Not applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Controlling Person: Not applicable

Identification and Classification of Members of the Group

Item 8. Identification and Classification of Members of the Group: Not applicable

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group: Not applicable

Certifications

Item 10. Certifications: Not applicable SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 2, 2024 Guofu Ye /s/ Guofu Ye Yunyun Yang /s/ Yunyun Yang Mini Investment Limited By: /s/ Guofu Ye Name: Guofu Ye Title: Director YGF Development Limited By: /s/ Guofu Ye Name: Guofu Ye Title: Director YGF MC Limited By: /s/ Guofu Ye Name: Guofu Ye Title: Director YYY MC Limited By: /s/ Yunyun Yang Name: Yunyun Yang Title: Director YYY Development Limited By: /s/ Yunyun Yang Name: Yunyun Yang Title: Director LIST OF EXHIBITS Exhibit No. Description A Joint Filing Agreement

View Full Filing

View this SC 13G/A filing on SEC EDGAR