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Is MINISO planning to spin off Top Toy for an initial public offering? It has 234 stores nationwide, with revenue of 0.7 billion yuan in the first three quarters of last year | IPO express.
① How to enhance brand uniqueness, expand product lines, and increase user loyalty will be the core challenges for Top Toy's future development. ② For investors, the growth potential of the trendy toy market, the consumption trends of Generation Z, and brand competitiveness will be the key evaluation factors.
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The toy brand of MINISO is listed in Hong Kong, but there has been no official response.
Sina Technology news, March 4th afternoon report, according to media reports, MINISO is considering splitting its toy brand and listing in Hong Kong, potentially raising about 0.3 billion dollars. Sina Technology has verified this with MINISO, and there has been no official response as of the time of publication.
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Yonghui Superstores will elect new directors, and MINISO may become the largest shareholder.
According to Sina Technology News on February 27th afternoon, Yonghui Superstores announced today that it plans to hold its first extraordinary Shareholder meeting for 2025 on March 17th, with the core agenda being a new round of Board of Directors elections. This election will involve changes to several director seats, which may indicate that MINISO has completed the acquisition of 29.4% of Yonghui Superstores' equity for 6.27 billion yuan, becoming its largest Shareholder. It is reported that Yonghui Superstores is firmly promoting changes to the 'Fat Donglai model.' Recently, it released the first batch of nationwide reform store lists for 2025, totaling 20 stores in 15 cities. As of now, Yonghui Superstores has completed reforms in 18 cities across the country.
