GUANGZHOU, China, Dec. 11,
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 announced
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"), have acquired the Company's shares in the
open market in the amounts of about USD400,000, USD300,000 and USD300,000 respectively as of the date of this
press release, re-affirming their commitment and 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.
Shareholders and potential investors should note that any
share purchase by the Company's management may be done subject to
market conditions and at the individual's absolute discretion.
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
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SOURCE MINISO Group Holding Limited