According to disclosures from the Hong Kong Stock Exchange, Miniso passed the listing hearing of the Hong Kong Stock Exchange. This is equivalent to passing the IPO review, which means that Miniso will soon be listed on the Hong Kong stock market.
MINISO is positioned as a collection of lifestyle stores. Its founder, Ye Guofu, , also founded the women's jewelry chain retail store "Aiyaya" in his early years. Currently, there are many Miniso stores in the streets and shopping malls of cities across the country. The
prospectus shows that according to the Frost & Sullivan report, in 2021, Miniso will become the world's largest comprehensive retailer of private-label lifestyle products, with a total GMV of merchandise sold through Miniso stores of approximately 18 billion yuan. As of December 31, 2021, MINISO had a total of 5,045 stores, including 3,168 MINISO stores in China and 1,877 overseas stores.
In October 2020, Miniso was listed on the New York Stock Exchange and submitted a listing application to the Hong Kong Stock Exchange this year.
From the fiscal year 2019 to 2021 ending on June 30, 2021, Miniso achieved revenue of 9.395 billion yuan, 8.979 billion yuan, and 9.072 billion yuan respectively, and net losses of 294 million yuan, 260 million yuan, and 9.072 billion yuan respectively. 1.429 billion yuan, with a cumulative loss of 1.983 billion yuan. As for the year-on-year increase in net losses, Miniso explained that it was affected by the epidemic. Huashang Daily reporter Li Cheng
