STOCK TITAN

CEO Ye Guofu’s entities add 2.1M MINISO (NYSE: MNSO) shares in buys

Filing Impact
(Very High)
Filing Sentiment
(Very Positive)
Form Type
4

Rhea-AI Filing Summary

MINISO Group Holding Ltd director and CEO Ye Guofu, through affiliated entities, reported open-market purchases of 2,100,000 ordinary shares. On May 29, 2026, YGF MN LIMITED and Mini Investment Limited bought 650,000 and 1,300,000 shares at weighted average prices of $3.2954 and $3.2743 per share. On June 1, 2026, Mini Investment Limited bought a further 150,000 shares at a weighted average price of $3.3494 per share. Footnotes state these trades were executed in Hong Kong in multiple transactions, with prices in Hong Kong dollars converted to U.S. dollars at HK$7.80 to US$1.00, and that Ye and his spouse are deemed beneficial owners of shares held through several holding vehicles, including Mini Investment Limited and related subsidiaries.

Positive

  • None.

Negative

  • None.

Insights

CEO-linked entities disclosed sizeable open-market share purchases, increasing indirect exposure to MINISO.

The filing shows entities associated with Ye Guofu, MINISO’s CEO and director, buying a net 2.1 million ordinary shares in open-market transactions. All reported trades are non-derivative purchases, with no option exercises, sales, or gifts disclosed in this filing.

Indirect ownership is spread across several vehicles, including Mini Investment Limited and YGF MN LIMITED, with Ye and his spouse deemed beneficial owners under trust and holding structures. The weighted average purchase prices around $3.27–$3.35 per share, converted from Hong Kong dollar trades, indicate cash outlay rather than equity-based compensation.

No Rule 10b5-1 trading plan is referenced, so timing context is not clarified beyond the trade dates in late May 2026 and early June 2026. Subsequent company filings may provide additional context on total ownership levels across these entities, but this Form 4 itself simply documents incremental open-market accumulation.

Insider Ye Guofu
Role Chief Executive Officer
Bought 2,100,000 shs ($6.90M)
Type Security Shares Price Value
Purchase Ordinary shares 150,000 $3.3494 $502K
Purchase Ordinary shares 1,300,000 $3.2743 $4.26M
Purchase Ordinary shares 650,000 $3.2954 $2.14M
holding Ordinary shares -- -- --
holding Ordinary shares -- -- --
holding Ordinary shares -- -- --
Holdings After Transaction: Ordinary shares — 315,740,482 shares (Indirect, by Mini Investment Limited)
Footnotes (1)
  1. 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. 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. 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. 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. Including 96,000 ordinary shares held in the form of American Depositary Shares, each representing four ordinary shares of the issuer. 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.
Shares bought June 1, 2026 150,000 shares at $3.3494 Open-market purchase by Mini Investment Limited
Shares bought May 29, 2026 (YGF MN LIMITED) 650,000 shares at $3.2954 Open-market purchase in Hong Kong
Shares bought May 29, 2026 (Mini Investment Limited) 1,300,000 shares at $3.2743 Open-market purchase in Hong Kong
Total net shares bought 2,100,000 shares Net-buy across reported transactions
Mini Investment Limited holding 315,740,482 shares Total ordinary shares following June 1, 2026 transaction
YGF MN LIMITED holding 195,115,382 shares Total ordinary shares following May 29, 2026 transaction
ADS-equivalent ordinary shares 96,000 ordinary shares via ADS Each ADS represents four ordinary shares
open-market purchase financial
"transaction_action is described as an open-market purchase of ordinary shares"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average prices financial
"The prices reported in Column 4 are weighted average prices."
American Depositary Shares financial
"Including 96,000 ordinary shares held in the form of American Depositary Shares, each representing four ordinary shares"
American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.
beneficial owners financial
"both Mr. Guofu Ye and Ms. Yunyun Yang are deemed to be beneficial owners of the shares"
Beneficial owners are the people or entities that actually enjoy the economic benefits and control of shares or other assets, even when legal title is held by someone else such as a broker, custodian or trustee. Investors pay attention because beneficial owners hold the real voting power, receive dividends and can influence strategy and takeover outcomes — like the driver of a car who uses and maintains it while the bank holds the title — so disclosure shows who truly controls and benefits.
trustee financial
"TMF (Cayman) Ltd. as the trustee and Mr. Ye as the settlor"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Ye Guofu

(Last)(First)(Middle)
16F, M PLAZA, NO. 109, PAZHOU
AVENUE, HAIZHU DISTRICT

(Street)
GUANGZHOUGUANGDONG CHINA510000

(City)(State)(Zip)

CHINA

(Country)
2. Issuer Name and Ticker or Trading Symbol
MINISO Group Holding Ltd [ MNSO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
[09896]
3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary shares05/29/2026P1,300,000A$3.2743(1)315,590,482Iby Mini Investment Limited(2)(3)
Ordinary shares06/01/2026P150,000A$3.3494(4)315,740,482Iby Mini Investment Limited(2)(3)
Ordinary shares14,000,000Iby Mini Investments SP1 Limited(2)(3)
Ordinary shares(5)8,936,000Iby YGF MC LIMITED(2)(3)
Ordinary shares05/29/2026P650,000A$3.2954(6)195,115,382Iby YGF MN LIMITED(2)(3)
Ordinary shares257,849,197Iby YYY MC LIMITED(2)(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
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.
4. 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.
5. Including 96,000 ordinary shares held in the form of American Depositary Shares, each representing four ordinary shares of the issuer.
6. 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.
/s/ Guofu Ye06/02/2026
** 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 4 (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 4: SEC 1474 (03-26)

FAQ

What insider transactions did MINISO (MNSO) report for CEO Ye Guofu?

Entities associated with CEO Ye Guofu bought 2.1 million MINISO ordinary shares in open-market trades. The purchases occurred on May 29 and June 1, 2026, through holding vehicles including Mini Investment Limited and YGF MN LIMITED, and are reported as indirect, non-derivative acquisitions.

At what prices were the MINISO (MNSO) shares purchased in this Form 4?

The reported weighted average purchase prices ranged from about $3.27 to $3.35 per share. Individual trades were executed in Hong Kong dollars between HK$24.44 and HK$26.16 and then converted to U.S. dollars using an exchange rate of HK$7.80 to US$1.00.

How many MINISO (MNSO) shares did CEO-linked entities buy on May 29, 2026?

On May 29, 2026, entities linked to Ye Guofu bought 1,950,000 ordinary shares. YGF MN LIMITED purchased 650,000 shares at a weighted average price of $3.2954, while Mini Investment Limited purchased 1,300,000 shares at a weighted average price of $3.2743.

What additional MINISO (MNSO) shares were acquired on June 1, 2026?

On June 1, 2026, Mini Investment Limited acquired 150,000 additional MINISO ordinary shares. These shares were bought in multiple Hong Kong market transactions at a weighted average price of $3.3494 per share, based on prices converted from Hong Kong dollars.

Are the MINISO (MNSO) shares held directly by Ye Guofu or through entities?

The reported MINISO shares are held indirectly through several holding vehicles and trusts. Footnotes state that entities such as Mini Investment Limited, Mini Investments SP1 Limited, YGF MC LIMITED, YGF MN LIMITED and YYY MC LIMITED hold the shares, with Ye and his spouse deemed beneficial owners.

Does the MINISO Form 4 mention American Depositary Shares (ADS)?

Yes, the filing notes that 96,000 ordinary shares are held in the form of American Depositary Shares. Each ADS represents four ordinary shares of MINISO, and this ADS position is included within the broader indirect holdings reported for the insider-related entities.