File photo/NBD

Directors of MINISO Group Holding (hereinafter referred to as "MINISO") reduced holdings in the Company.

According to the disclosure from the Hong Kong Stock Exchange on March 23, Li Minxin, executive director and executive vice president of MINISO, sold 875,000 shares on March 20, for 3.9431 million US dollars, and the shareholding ratio reduced to 4.37%.

And Zhu Yonghua, independent non-executive director, offloaded 95,936 shares in MINISO in 5 times from March 6 to March for 451,500 US dollars, and the shareholding reduced ratio reduced to 0.01%.

According to the public information, the two directors reduced their holdings of MINISO by 971,000 shares, with a cash amount of 4.3946 million US dollars, equivalent to about 30.22 million yuan.

The two directors' reduction took place before the release of the financial statements.

On March 21, MINISO released its interim report for the six months ending December 31, 2022.

The interim report showed that in the second half of 2022, MINISO recorded a revenue of approximately 5.267 billion yuan, a year-on-year decrease of 2.9%; adjusted net profit of approximately 790 million yuan, a year-on-year increase of 103.2%.

MINISO's total GMV (Note: total transaction value of goods) from online sales was approximately 9.9 billion yuan, and the GMV of TOP TOY brand from multiple channels was approximately 314 million yuan in the same period.

As of December 31, 2022, MINISO provided services to consumers through more than 5,400 stores, including more than 3,300 stores in China and more than 2,100 stores overseas.