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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.
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