MINISO (NYSE: MNSO) VP Yang reports major indirect share holdings

Rhea-AI Filing Summary

MINISO Group Holding Ltd vice president Yunyun (Alice) Yang filed an initial ownership report showing significant indirect holdings of the company’s ordinary shares. The filing lists large positions held through several entities, including 314,290,482 ordinary shares indirectly owned via Mini Investment Limited.

The report also shows additional indirect holdings through Mini Investments SP1 Limited, YGF MC LIMITED, YGF MN LIMITED and YYY MC LIMITED. A footnote explains that some shares are held in the form of American Depositary Shares, each ADS representing four ordinary shares, and that Ms. Yang and her spouse make joint voting decisions for these vehicles.

SEC Form 3

FORM 3

UNITED 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

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1. Name and Address of Reporting Person^*

Yang Yunyun (Alice)

(Last) (First) (Middle)

8F, M PLAZA, NO. 109, PAZHOU AVENUE

HAIZHU DISTRICT

(Street)

GUANGZHOU 510000

(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)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Vice President

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
Ordinary shares	314,290,482	I	by Mini Investment Limited(2)(3)
Ordinary shares	14,000,000	I	by Mini Investments SP1 Limited(2)(3)
Ordinary shares(1)	8,936,000	I	by YGF MC LIMITED(2)(3)
Ordinary shares	194,465,382	I	by YGF MN LIMITED(2)(3)
Ordinary shares	257,849,197	I	by YYY MC LIMITED(2)(3)

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 Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Including 96,000 ordinary shares held in the form of American Depositary Shares, each representing four ordinary shares of the issuer.

2. 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.

3. 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.

	/s/ Yunyun Yang	03/18/2026
	** Signature of Reporting Person	Date
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)

FAQ

What does the MINISO (MNSO) Form 3 filing by Yunyun (Alice) Yang show?

The Form 3 shows that vice president Yunyun (Alice) Yang has substantial indirect ownership of MINISO ordinary shares through multiple holding vehicles. It is an initial ownership report, not a record of new share purchases or sales.

How many MINISO (MNSO) shares are held through Mini Investment Limited?

The filing reports 314,290,482 MINISO ordinary shares indirectly held through Mini Investment Limited. This figure represents shares attributed to Ms. Yang’s beneficial ownership via that entity, as part of her overall indirect stake in the company.

Which entities hold MINISO (MNSO) shares attributed to Yunyun Yang?

Indirectly owned MINISO ordinary shares are held through Mini Investment Limited, Mini Investments SP1 Limited, YGF MC LIMITED, YGF MN LIMITED and YYY MC LIMITED. The filing deems Ms. Yang a beneficial owner of shares held by these vehicles.

Are any MINISO (MNSO) shares held as American Depositary Shares (ADS)?

Yes. A footnote states the holdings include 96,000 ordinary shares held in the form of American Depositary Shares, with each ADS representing four ordinary shares of MINISO Group Holding Ltd.

What is the relationship between Yunyun Yang and Guofu Ye in this MINISO (MNSO) filing?

The filing notes that Ms. Yunyun Yang is the spouse of Mr. Guofu Ye. They make joint decisions on voting the shares held through their vehicles, and both are deemed beneficial owners of those indirectly held MINISO shares.

Does the MINISO (MNSO) Form 3 indicate recent insider buying or selling?

No. The Form 3 is an initial ownership statement listing indirect holdings of MINISO ordinary shares. It does not report recent open-market purchases or sales and shows no buy or sell transaction codes.