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General information and list of principal subsidiaries
6 Months Ended
Dec. 31, 2023
General information and list of principal subsidiaries  
General information and list of principal subsidiaries

1 General information and list of principal subsidiaries

1.1 General information

MINISO Group Holding Limited (the “Company”) was incorporated in the Cayman Islands on January 7, 2020, as an exempted company with limited liability under the Companies Law, Cap.22 (Law 3 of 1961, as consolidated and revised) of the Cayman Islands. The Company completed its initial public offering (“IPO”) on October 15, 2020 and the Company’s American Depositary Shares (“ADSs”) have been listed on the New York Stock Exchange since then. Each ADS of the Company represents four ordinary shares. The Company’s ordinary shares have also been listed on The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) since July 13, 2022.

The accompanying consolidated financial statements comprise the Company and its subsidiaries (together, the “Group”). The Group is principally engaged in the retail and wholesale of lifestyle and pop toy products across the People’s Republic of China (the “PRC”) and other countries in Asia, America, and Europe, etc. The Company does not conduct any substantive operations of its own but conducts its primary business operations through its subsidiaries.

1.2 List of principal subsidiaries

Set out below is a list of the Company’s principal subsidiaries as at December 31, 2023:

    

Place of

    

Group’s effective

    

incorporation /

Registered/ issued

interest

Company name

    

establishment and business

    

and paid-up capital

    

(direct or indirect)

    

Principal activities

MINISO Universal Holding Limited

 

BVI

 

USD50,000/-

100%

Investment holding

MINISO Global Holding Limited

 

BVI

 

USD50,000/-

100%

Investment holding

MINISO Development Hong Kong Limited

 

Hong Kong

 

HKD10,000/-

100%

Investment holding and wholesale of lifestyle products

MINISO Investment Hong Kong Limited

 

Hong Kong

 

HKD80,100,000/
HKD80,100,000

100%

Investment holding

MINISO Hong Kong Limited

 

Hong Kong

 

HKD350,000,000/
HKD350,000,000

100%

Wholesale of lifestyle products

MINISO (Guangzhou) Co., Ltd.

 

PRC

 

RMB146,862,372/
RMB139,693,019

100%

Wholesale and retail of lifestyle products

MINISO (Hengqin) Enterprise Management Co., Ltd.

 

PRC

 

RMB10,000,000/-

100%

Brand licensing

MINISO International (Guangzhou) Co., Ltd.

 

PRC

 

RMB65,000,000/
RMB65,000,000

100%

Wholesale of lifestyle products

MINISO Youxuan Technology (Guangzhou) Co., Ltd.

 

PRC

 

RMB10,000,000/
RMB5,000,000

100%

Online sales of lifestyle products

Pt. MINISO Lifestyle Trading Indonesia

 

Indonesia

 

IDR53,289,350,000/
IDR53,289,350,000

67%

Wholesale and retail of lifestyle products

MINISO Life Style Private Limited

 

India

 

INR669,540,570/
INR669,540,570

100%

Wholesale and retail of lifestyle products

USA MINISO Depot Inc.

 

United States

 

USD67,041,441/
USD67,041,441

100%

Wholesale and retail of lifestyle products

MIHK Management Inc.

 

Canada

 

CAD100/CAD100

100%

Wholesale and retail of lifestyle products

MINISO LIFESTYLE SINGAPORE PRIVATE LIMITED

Singapore

SGD3,000/
SGD3,000

100%

Wholesale and retail of lifestyle products

MINISO VIETNAM LIMITED LIABILITY COMPANY

Vietnam

VND20,000,000,000/
VND20,000,000,000

90%

Wholesale and retail of lifestyle products

TOP TOY (Guangdong) Cultural Creativity Co., Ltd. (Formerly known as TOP TOY (Guangdong) Technology Co., Ltd.)

PRC

RMB5,000,000/-

100%

Wholesale and retail of pop toy products

Mingyou Industrial Investment (Guangzhou) Co., Ltd.

PRC

RMB2,300,000,000/
RMB2,126,000,000

100%

Development of headquarters building