Real Time Search
CES A80 :
CES HKMI :
CES 120 :
Total Turn.

MINISO Group Responded to Unusual Price and Trading Volume Movements and Increase Plan in Shareholding by Managements

2023-12-05 16:40:00

GUANGZHOU, China, Dec. 5, 2023 /PRNewswire/ -- MINISO Group Holding Limited (NYSE: MNSO; HKEX: 9896) ("MINISO", "MINISO Group" or the "Company"), a global value retailer offering a variety of trendy lifestyle products featuring IP design, today made an announcement on a voluntary basis to keep the shareholders of the Company and potential investors of the Company informed of the latest business developments of the Group.

The board of directors (the "Board") of the Company has noted the recent unusual fluctuation in the price and trading volume movements of the ordinary shares (the "Shares") of the Company. Having made all reasonable enquiries in the circumstances, the Board confirms that, as at the date of this announcement, it is not aware of any reason for the recent fluctuation of the price of the Shares or trading volume movements, or of any information that is required to be disclosed to avoid a false market in the securities of the Company, or of any inside information that is required to be disclosed pursuant to Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong).

As at the date of this announcement, the business of the Group is running normally and smoothly. There were no significant adverse changes in the daily operations and financial positions of the Group.

The Board was informed that Mr. Zhang Jingjing, the Company's Chief Financial Officer and Vice President, together with Mr. Huang Zheng, General Manager of MINISO Overseas distributor markets and Vice President, and Mr. Yao Jianzheng, General Manager of MINISO China and Vice President (together as the "Management"), planned to acquire certain shares in the open market in the coming month. Any share purchase will be conducted in compliance with the applicable laws, rules and regulations, including the Management Trading of Securities Policy adopted by the Board and the applicable provisions under the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited.

The plan for share purchase demonstrates our Management's unwavering confidence in the value and long-term development of the Company. The Management may further increase their shareholding in the Company as and when appropriate and subject to compliance with the applicable laws and regulations.

To enhance communication with shareholders, the Company's management will hold a conference call at 3:45 A.M. Eastern Time on Tuesday, December 5, 2023 (4:45 P.M. Beijing Time on the same day). The conference call can be accessed by the following Zoom link or dialing the following numbers:

Access 1

Join Zoom meeting.

Zoom link: https://dooyle.zoom.us/j/86907972514?pwd=GNi09Bq3CPWN8XbABy0iuQ0pI19pCO.1
Meeting Number: 869 0797 2514
Meeting Passcode: 9896

Access 2

Listeners may access the call by dialing the following numbers by using the same meeting number and passcode with access 1.

Shareholders and potential investors should note that any proposed Share purchase by the Company's management may be done subject to market conditions and at the individual's absolute discretion. There is no assurance of the timing, quantity or price of any Share purchase. Shareholders and potential investors should therefore exercise caution when dealing in the Shares. 

About MINISO Group

MINISO Group is a global value retailer offering a variety of trendy lifestyle products featuring IP design. The Company serves consumers primarily through its large network of MINISO stores, and promotes a relaxing, treasure-hunting and engaging shopping experience full of delightful surprises that appeals to all demographics. Aesthetically pleasing design, quality and affordability are at the core of every product in MINISO's wide product portfolio, and the Company continually and frequently rolls out products with these qualities. Since the opening of its first store in China in 2013, the Company has built its flagship brand "MINISO" as a globally recognized retail brand and established a massive store network worldwide. For more information, please visit https://ir.miniso.com/.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to,", "potential," "continue" or other similar expressions. Among other things, the quotations from management in this announcement, as well as MINISO's strategic and operational plans, contain forward-looking statements. MINISO may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC") and The Stock Exchange of Hong Kong Limited (the "HKEX"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about MINISO's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: MINISO's mission, goals and strategies; future business development, financial conditions and results of operations; the expected growth of the retail market and the market of branded variety retail of lifestyle products in China and globally; expectations regarding demand for and market acceptance of MINISO's products; expectations regarding MINISO's relationships with consumers, suppliers, MINISO Retail Partners, local distributors, and other business partners; competition in the industry; proposed use of proceeds; and relevant government policies and regulations relating to MINISO's business and the industry. Further information regarding these and other risks is included in MINISO's filings with the SEC and the HKEX. All information provided in this press release and in the attachments is as of the date of this press release, and MINISO undertakes no obligation to update any forward-looking statement, except as required under applicable law.

Investor Relations Contact:

Raine Hu
MINISO Group Holding Limited
Email: ir@miniso.com
Phone: +86 (20) 36228788 Ext.8039

Link

PR Newswire News

2024-02-06
21:30:00
Lion Enhances OTC Stock Options Services Quality and Efficiency Powered by AI
20:48:00
Autohome Inc. Announces 2023 Q4 and Annual Earnings: New Business Drives Sustained Growth
19:00:00
U Power and Cornerstone Sign MoU to Explore the Application of New Energy Charging Equipment and EV Product Solutions in Hong Kong and Southeast Asia
17:30:00
Autohome Inc. Announces Unaudited Fourth Quarter and Full Year 2023 Financial Results
16:55:00
HKBN and TP-Link Debut One-stop "Priority Plus" Home Wi-Fi Solution
16:30:00
Baidu to Report Fourth Quarter and Fiscal Year 2023 Financial Results on February 28, 2024
11:09:00
"Eddid ONE USA": New Stock Trading App Debuts in the UK, USA, and Canada, Unlocking US Stock Market Opportunities for Global Investors
09:00:00
Futu Clinches Multiple CME Accolades, Affirming Industry Leadership with a Commitment to Deliver Diverse and Flexible Portfolios for Global Investors
2024-02-05
21:00:00
Venus Medtech VenusP-Valve transcatheter pulmonic valve replacement system granted Health Canada approval
18:00:00
China Southern Airlines Company Limited Intends to Deregister and Terminate Its Reporting Obligations Under the U.S. Securities Exchange Act of 1934
16:45:00
Innovent Announces Retirement of CFO and Appointment of New CFO
16:35:00
CNOOC Limited Announces Suizhong 36-1/Luda 5-2 Oilfield Secondary Adjustment and Development Project Commences Production
15:40:00
XTransfer Named to the 2023 Deloitte China Technology Fast 50™ Awards Program as the Only Cross-border Payment Platform
13:57:00
Trip.com Group celebrates Lunar New Year travel boom with 10-fold jump in bookings as visa policies ease
12:25:00
Tan Xuguang Leads Shandong Heavy Industry in Reflecting on 20 Years of Global Expansion at CEO Summit
11:00:00
A Million-Dollar Airdrop Event for Celebrating Live4Well's first 150,000 Users Downloads In the First Month of launching.
2024-02-02
21:30:00
World Cancer Day 2024: RemeGen Announces Three Significant Developments in the Global Fight Against Cancer, Narrowing the Care Gap
19:46:00
Weichai Group Advances Toward Becoming a Global Leader in Technological Innovation
19:43:00
Beauty Farm Issues Positive Profit Alert for 2023
15:03:00
DFS Makes History as Douyin Life Service's First Cross-Border Retail Partner, Revolutionizing Chinese Customers' International Luxury Travel Retail Shopping Experience
Back to Top