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.
United
States:
|
+1 213 338 8477 (or +1
646 518 9805)
|
Mainland
China:
|
400 182 3168 (or 400
616 8835)
|
Hong Kong,
China:
|
+852 5803 3730 (or +852
5803 3731)
|
United
Kingdom:
|
+44 203 481 5237 (or
+44 131 460 1196)
|
France:
|
+33 1 7037 9729 (or +33
1 7037 2246)
|
Singapore:
|
+65 3158 7288 (or +65
3165 1065)
|
Canada:
|
+1 438 809 7799 (or +1
204 272 7920)
|
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
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SOURCE MINISO Group Holding Limited