[SCHEDULE 13G/A] MINISO Group Holding Limited American SEC Filing

Rhea-AI Filing Summary

Norges Bank, the central bank and sovereign wealth manager of Norway, filed Amendment No. 1 to Schedule 13G for MINISO Group Holding Ltd (NYSE: MNSO) covering holdings as of 30 June 2025.

• Beneficial ownership: 62,502,740 American depositary shares, equal to 5.0 % of the outstanding class.
• Voting power: Sole voting power over all 62.5 m ADSs; no shared voting power.
• Dispositive power: Sole power over 19.9 m ADSs and shared power over 42.6 m ADSs.
• The shares are invested on behalf of the Government of Norway; the filing states the position is held in the ordinary course, with no intent to influence control.
• The disclosure is filed under Rule 13d-1 as Norges Bank’s stake meets the 5 % reporting threshold.

No earnings figures, guidance, or other financial metrics are included in this ownership filing.

Positive

• Norges Bank disclosed a 5.0 % ownership (62.5 m ADSs) in MINISO, indicating fresh or continued institutional confidence from one of the world’s largest sovereign wealth investors.

Negative

• None.

Insights

Institutional Ownership Analyst

TL;DR: Norges Bank’s passive 5 % stake adds respectable institutional support but has limited immediate valuation impact.

Norges Bank now reports 62.5 m MINISO ADSs (5 % of float). Because it files on Schedule 13G—not 13D—the bank affirms a passive investment stance, signalling no activist agenda. A sovereign wealth entity of this calibre can enhance market perception of share liquidity and governance, yet the position size is modest versus MINISO’s overall market cap and does not confer control. Investors may view the holding as a confidence indicator, but absent buying or selling intentions, price impact should be incremental. Rating: neutral.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

MINISO Group Holding Ltd

(Name of Issuer)

Depositary Receipts

(Title of Class of Securities)

66981J102

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 66981J102

1

Names of Reporting Persons

Norges Bank

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NORWAY

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 62,502,740.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 19,919,600.00
8	Shared Dispositive Power 42,583,140.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

62,502,740.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.0 %

12

Type of Reporting Person (See Instructions)

FI, OO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: MINISO Group Holding Ltd
(b)	Address of issuer's principal executive offices: 8F, M Plaza, No. 109, Pazhou Avenue, Guangzhou, Guangdong Province, F4, 510000
Item 2.
(a)	Name of person filing: Norges Bank
(b)	Address or principal business office or, if none, residence: Bankplassen 2, PO Box 1179 Sentrum, Oslo, NO-0107, Oslo, Norway
(c)	Citizenship: Norway
(d)	Title of class of securities: Depositary Receipts
(e)	CUSIP No.: 66981J102
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
	investment adviser
Item 4.	Ownership
(a)	Amount beneficially owned: 62,502,740
(b)	Percent of class: 5.0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 62,502,740
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 19,919,600
	(iv) Shared power to dispose or to direct the disposition of: 42,583,140
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The shares reported herein are invested on behalf of the Government of Norway.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Norges Bank

Signature:	Aya Sobhy
Name/Title:	Business and Regulatory Compliance
Date:	07/28/2025

FAQ

How much of MINISO (MNSO) does Norges Bank own according to the latest Schedule 13G/A?

Norges Bank reports beneficial ownership of 62,502,740 ADSs, representing 5.0 % of the class.

Does Norges Bank have sole or shared voting power over its MNSO shares?

It has sole voting power over all 62,502,740 ADSs and no shared voting power.

What is the breakdown of dispositive power for Norges Bank’s MINISO holdings?

Norges Bank holds sole dispositive power over 19.9 m ADSs and shared dispositive power over 42.6 m ADSs.

Why did Norges Bank file a Schedule 13G/A instead of a Schedule 13D for MINISO?

Schedule 13G indicates the stake is held passively and in the ordinary course of business, with no intent to influence control.

What are the key dates in this filing?

Event (ownership) date: 06/30/2025; signature date: 07/28/2025.