Ye Guofu 4
4 · MINISO Group Holding Ltd · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
MINISO (MNSO) CEO Ye Guofu Buys Shares
What Happened
- Ye Guofu, CEO of MINISO Group Holding Ltd (MNSO), made multiple open-market purchases totaling 2,100,000 ordinary shares for aggregate consideration of $6,901,010. Transactions reported: 1,300,000 shares at $3.27 ($4,256,590) and 650,000 shares at $3.30 ($2,142,010) on 2026-05-29, and 150,000 shares at $3.35 ($502,410) on 2026-06-01. These were purchases (acquisitions), which for retail investors are typically interpreted as insider buying rather than selling.
Key Details
- Transaction dates and prices:
- 2026-05-29: 1,300,000 @ $3.27 (total $4,256,590) and 650,000 @ $3.30 (total $2,142,010)
- 2026-06-01: 150,000 @ $3.35 (total $502,410)
- Aggregate: 2,100,000 shares for $6,901,010.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes of note:
- Reported USD prices are weighted averages; purchases occurred in multiple open-market trades in Hong Kong and were converted from HK$ to US$ at HK$7.80 = US$1.00 (see ranges in footnotes F1, F4, F6).
- Ownership structure and beneficial ownership details provided (complex Cayman/ trustee arrangements; spouse Yunyun Yang is a deemed beneficial owner per F2–F3).
- F5 notes 96,000 ordinary shares are held as American Depositary Shares (ADS), each ADS representing four ordinary shares.
- Filing timeliness: Report filed 2026-06-02 for transactions on 2026-05-29 and 2026-06-01 — appears timely under Form 4 reporting rules (no late filing flag in the excerpt).
Context
- These were straight open-market purchases (transaction code P). The filing includes weighted-average and HKD price ranges rather than per-trade prices; the reporting person offered to provide detailed per-trade pricing on request.
- The filing does not state motivations; purchases simply show the insider acquired more stock. For retail investors, insider purchases can be one data point to consider alongside company fundamentals and broader market factors.
Insider Transaction Report
Form 4
Ye Guofu
DirectorChief Executive Officer
Transactions
- Purchase
Ordinary shares
[F1][F2][F3]2026-05-29$3.27/sh+1,300,000$4,256,590→ 315,590,482 total(indirect: by Mini Investment Limited) - Purchase
Ordinary shares
[F4][F2][F3]2026-06-01$3.35/sh+150,000$502,410→ 315,740,482 total(indirect: by Mini Investment Limited) - Purchase
Ordinary shares
[F6][F2][F3]2026-05-29$3.30/sh+650,000$2,142,010→ 195,115,382 total(indirect: by YGF MN LIMITED)
Holdings
- 14,000,000(indirect: by Mini Investments SP1 Limited)
Ordinary shares
[F2][F3] - 8,936,000(indirect: by YGF MC LIMITED)
Ordinary shares
[F5][F2][F3] - 257,849,197(indirect: by YYY MC LIMITED)
Ordinary shares
[F2][F3]
Footnotes (6)
- [F1]The prices reported in Column 4 are weighted average prices. The corresponding shares were purchased in multiple transactions in the open market in Hong Kong at prices denominated in Hong Kong dollars ranging from HK$24.4400 to HK$25.8600 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. The purchase prices reported herein were converted from Hong Kong dollars to United States dollars at a conversion price of HK$7.80 to US$1.00.
- [F2]Mini Investments SP1 Limited is a wholly owned subsidiary of Mini Investment Limited. Mini Investment Limited is wholly owned by YGF Development Limited. All shares of YGF Development Limited are held by TMF (Cayman) Ltd. on behalf of YGF Trust, with TMF (Cayman) Ltd. as the trustee and Mr. Ye as the settlor. YGF MC LIMITED is wholly-owned by Mr. Guofu Ye. YGF MN LIMITED is held by YGF MC LIMITED, as to 1%, and held by YY Capital Ltd., as to 99%. All shares of YY Capital Ltd. are held by Cantrust (Far East) Limited on behalf of Y Group Trust, with Cantrust (Far East) Limited as the trustee and Mr. Ye as the settlor. YYY MC LIMITED is wholly owned by YYY Development Limited. All shares of YYY Development Limited are held by TMF (Cayman) Ltd. on behalf of YYY Trust, with TMF (Cayman) Ltd. as the trustee and Ms. Yang as the settlor.
- [F3]Ms. Yunyun Yang is Mr. Guofu Ye's spouse. Mr. Guofu Ye and Ms. Yunyun Yang make joint decisions on the exercise of the voting power of the shares owned by them through their holding vehicles. As a result, both Mr. Guofu Ye and Ms. Yunyun Yang are deemed to be beneficial owners of the shares directly held by Mini Investment Limited, Mini Investments SP1 Limited, YGF MC LIMITED, YGF MN LIMITED and YYY MC LIMITED.
- [F4]The prices reported in Column 4 are weighted average prices. The corresponding shares were purchased in multiple transactions in the open market in Hong Kong at prices denominated in Hong Kong dollars ranging from HK$26.0800 to HK$26.1600 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. The purchase prices reported herein were converted from Hong Kong dollars to United States dollars at a conversion price of HK$7.80 to US$1.00.
- [F5]Including 96,000 ordinary shares held in the form of American Depositary Shares, each representing four ordinary shares of the issuer.
- [F6]The prices reported in Column 4 are weighted average prices. The corresponding shares were purchased in multiple transactions in the open market in Hong Kong at prices denominated in Hong Kong dollars ranging from HK$24.4400 to HK$25.7600 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. The purchase prices reported herein were converted from Hong Kong dollars to United States dollars at a conversion price of HK$7.80 to US$1.00.
Signature
/s/ Guofu Ye|2026-06-02