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MINISO (NYSE: MNSO) updates director Form 3 to show option grants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3/A

Rhea-AI Filing Summary

MINISO Group Holding Ltd director Xu Lili filed an amended Form 3 to correct how her equity holdings are classified. The amendment clarifies that she holds options to purchase 20,000 ordinary shares in the form of American depositary shares, with each ADS representing four ordinary shares.

The options were granted on October 15, 2020, vested in two installments on October 15, 2020 and October 15, 2021, and became exercisable upon vesting. The amendment moves these holdings from the ordinary share table to the derivative securities (options) table. The number of underlying ordinary shares beneficially owned remains unchanged.

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Insider Xu Lili
Role null
Type Security Shares Price Value
holding Options -- -- --
Holdings After Transaction: Options — 20,000 shares (Direct, null)
Footnotes (1)
  1. Represents options to purchase 20,000 ordinary shares in form of American depositary share ("ADS"), each representing four ordinary shares. Represents options granted on October 15, 2020, which vested in two installments on October 15, 2020 and October 15, 2021, respectively, and became exercisable upon vesting. This Form 3/A is being filed to correct the original Form 3 filed by the Reporting Person on March 18, 2026 to reflect the Reporting Person's holdings as derivative securities (options) in Table II, which were inadvertently reported as ordinary shares in Table I. The number of underlying ordinary shares beneficially owned by the Reporting Person remains unchanged.
Underlying ordinary shares 20,000 shares Covered by director stock options
Exercise price 0.0000 per share Options over MINISO ordinary shares
Option expiration January 16, 2030 Final expiry date for the options
Vesting dates October 15, 2020 and 2021 Two vesting installments for the option grant
American depositary share financial
"Represents options to purchase 20,000 ordinary shares in form of American depositary share ("ADS")"
An American Depositary Share (ADS) is a U.S.-listed certificate that represents a specified number of shares in a foreign company, held by a custodian bank; it works like a receipt that allows U.S. investors to buy and trade foreign equity on American exchanges without dealing with another country’s markets. Investors care because ADSs make foreign stocks easier to access, improve liquidity and settlement in dollars, and can affect dividend payments, voting rights and regulatory oversight compared with buying the underlying foreign shares directly.
derivative securities financial
"holdings as derivative securities (options) in Table II, which were inadvertently reported as ordinary shares"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
beneficially owned financial
"The number of underlying ordinary shares beneficially owned by the Reporting Person remains unchanged"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
vested financial
"options granted on October 15, 2020, which vested in two installments on October 15, 2020 and October 15, 2021"
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SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Xu Lili
(Last)(First)(Middle)
ROOM 301, NO. 266 HUNAN ROAD
HUNAN STREET XUHUI DISTRICT
(Street)
SHANGHAI200000
(City)(State)(Zip)
CHINA
(Country)		2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026		3. Issuer Name and Ticker or Trading Symbol
MINISO Group Holding Ltd [ MNSO ]
3a. Foreign Trading Symbol
[9,896] 		5. If Amendment, Date of Original Filed (Month/Day/Year)
03/18/2026
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Options (2)01/16/2030Ordinary shares(1)20,000(3)$0D
Explanation of Responses:
1. Represents options to purchase 20,000 ordinary shares in form of American depositary share ("ADS"), each representing four ordinary shares.
2. Represents options granted on October 15, 2020, which vested in two installments on October 15, 2020 and October 15, 2021, respectively, and became exercisable upon vesting.
3. This Form 3/A is being filed to correct the original Form 3 filed by the Reporting Person on March 18, 2026 to reflect the Reporting Person's holdings as derivative securities (options) in Table II, which were inadvertently reported as ordinary shares in Table I. The number of underlying ordinary shares beneficially owned by the Reporting Person remains unchanged.
/s/ Lili Xu04/24/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What does MINISO (MNSO) director Xu Lili report in this Form 3/A?

Xu Lili reports that her MINISO equity position consists of options over 20,000 ordinary shares, held as American depositary shares. The filing corrects an earlier Form 3 that had mistakenly shown these holdings as ordinary shares rather than derivative securities.

How many MINISO (MNSO) shares are covered by Xu Lili’s options?

The options cover 20,000 underlying ordinary shares of MINISO. These are held in the form of American depositary shares, with each ADS representing four ordinary shares, as described in the footnotes to the amended Form 3 filing.

Were Xu Lili’s MINISO (MNSO) holdings changed by this Form 3/A?

The amendment does not change the number of shares she beneficially owns. It only reclassifies the existing position from ordinary shares to derivative securities (options), and the filing states that the number of underlying ordinary shares remains unchanged from the original report.

When were Xu Lili’s MINISO (MNSO) options granted and when did they vest?

The options were granted on October 15, 2020. According to the filing, they vested in two installments on October 15, 2020 and October 15, 2021, respectively, and became exercisable as each portion vested under the grant terms.

What is the exercise price and expiration date of Xu Lili’s MINISO (MNSO) options?

The options have an exercise price of 0.0000 per underlying ordinary share, according to the derivative summary. They are scheduled to expire on January 16, 2030 unless exercised earlier, providing a long-dated incentive aligned with the company’s performance.

Does this MINISO (MNSO) Form 3/A show any new buy or sell transactions?

The filing records a holding entry for options rather than a new purchase or sale. Transaction summaries in the data show no buy or sell shares, indicating this amendment is classification-focused rather than reporting fresh trading activity by the director.