# EDGAR Filing Document

**Accession Number:** 0001815846
**File Stem:** 0001104659-23-014755
**Filing Date:** 2023-2
**Character Count:** 33742
**Document Hash:** 177d01977aaca6cf04af9cbca580d69d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-014755.hdr.sgml**: 20230209

**ACCESSION NUMBER**: 0001104659-23-014755

**CONFORMED SUBMISSION TYPE**: SC 13G/A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230209

**DATE AS OF CHANGE**: 20230209

**GROUP MEMBERS**: MINI INVESTMENT LTD

**GROUP MEMBERS**: YGF DEVELOPMENT LTD

**GROUP MEMBERS**: YGF MC LTD

**GROUP MEMBERS**: YUNYUN YANG

**GROUP MEMBERS**: YYY DEVELOPMENT LTD

**GROUP MEMBERS**: YYY MC LTD

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MINISO Group Holding Ltd
- **CENTRAL INDEX KEY:** 0001815846
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-VARIETY STORES [5331]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-92088
- **FILM NUMBER:** 23600961

**BUSINESS ADDRESS:**
- **STREET 1:** 25/F, HEYE PLAZA
- **STREET 2:** NO.486 KANGWANGZHONG ROAD,LIWAN DISTRICT
- **CITY:** GUANGZHOU
- **STATE:** F4
- **ZIP:** 510140
- **BUSINESS PHONE:** 862036228788

**MAIL ADDRESS:**
- **STREET 1:** 25/F, HEYE PLAZA
- **STREET 2:** NO.486 KANGWANGZHONG ROAD,LIWAN DISTRICT
- **CITY:** GUANGZHOU
- **STATE:** F4
- **ZIP:** 510140
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ye Guofu
- **CENTRAL INDEX KEY:** 0001842281

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A

**MAIL ADDRESS:**
- **STREET 1:** 25F, HEYE PLAZA
- **STREET 2:** NO.486KANGWANGMIDDLE ROAD LIWAN DISTRICT
- **CITY:** GUANGZHOU
- **STATE:** F4
- **ZIP:** 510140

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**SCHEDULE 13G**

**UNDER THE SECURITIES EXCHANGE ACT OF 1934**

**(Amendment No. 2)\***

---

| |
|:---|
| &nbsp;&nbsp;**Miniso Group Holding Limited** |
| &nbsp;&nbsp;(Name of Issuer) |
| &nbsp;&nbsp;Ordinary Shares, par value $0.00001 per share |
| &nbsp;&nbsp;(Title of Class of Securities) |
| &nbsp;&nbsp;66981J 102 \*\* |
| &nbsp;&nbsp;(CUSIP Number) |
| &nbsp;&nbsp;December 31, 2022 |
| &nbsp;&nbsp;(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) <br> ◻ Rule 13d-1(c) <br> ⌧ Rule 13d-1(d)

\*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

\*\* CUSIP number 66981J 102 has been assigned to the American depositary shares ("ADSs") of the Issuer, which are quoted on the New York Stock Exchange under the symbol "MNSO." Each ADS represents four ordinary shares of the Issuer. No CUSIP number has been assigned to the ordinary shares of the Issuer.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

---

| | |
|:---|:---|
| **CUSIP Number: 66981J102** | **Page 1 of 12** |

---

1. Name of Reporting Person Guofu Ye

2. Check the Appropriate Box if a Member of a Group

(a) ◻

(b) ◻

3. SEC Use Only

4. Citizenship or Place of Organization People's Republic of China

---

| | | |
|:---|:---|:---|
| Number of<br> Shares<br> Beneficially<br> Owned by <br> Each<br> Reporting <br> Person With | 5. | Sole Voting Power<br> 0<br>|
| Number of<br> Shares<br> Beneficially<br> Owned by <br> Each<br> Reporting <br> Person With | 6. | Shared Voting Power<br> 789,541,061<sup>(1)</sup><br>|
| Number of<br> Shares<br> Beneficially<br> Owned by <br> Each<br> Reporting <br> Person With | 7. | Sole Dispositive Power<br> 0<br>|
| Number of<br> Shares<br> Beneficially<br> Owned by <br> Each<br> Reporting <br> Person With | 8. | Shared Dispositive Power<br> 789,541,061<sup>(1)</sup><br>|

---

9. Aggregate Amount Beneficially Owned by Each Reporting Person 789,541,061

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares ◻

11. Percent of Class Represented by Amount in Row 9 62.3%<sup>(2)</sup>

12. Type of Reporting Person IN

(1) Represents (i) 328,290,482 ordinary shares directly held by Mini Investment Limited, a limited liability
company incorporated under the laws of British Virgin Islands, (ii) 203,401,382 ordinary shares (including 8,896,000 ordinary shares
in the form of 2,224,000 ADSs) directly held by YGF MC Limited, a limited liability company incorporated under the laws of British Virgin
Islands, and (iii) 257,849,197 ordinary shares directly held by YYY MC Limited, a limited liability company incorporated under the
laws of British Virgin Islands.

Mini Investment Limited is wholly owned by YGF Development Limited, a limited liability company incorporated under the laws of British Virgin Islands. 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 and his family members as beneficiaries. Mr. Guofu Ye is deemed to be the controlling person of the trust. YGF MC Limited is wholly-owned by Mr. Guofu Ye. YYY MC Limited is wholly owned by YYY Development Limited, a limited liability company incorporated under the laws of British Virgin Islands. 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 and her family members as beneficiaries. Ms. Yunyun Yang is deemed to be the controlling person of the trust.

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, YGF MC Limited and YYY MC Limited.

(2) The percentage of class of securities beneficially owned by the Reporting Person is based on a total of
1,266,986,555 outstanding ordinary shares of the Issuer outstanding as of December 31, 2022 (including 3,296,868 ordinary shares
underlying 824,217 ADSs repurchased by the Issuer pursuant to a share repurchase program adopted by the Issuer in September 2022 but the
cancellation of which was not completed yet as of December 31, 2022).

---

| | |
|:---|:---|
| **CUSIP Number: 66981J102** | **Page 2 of 12** |

---

1. Name of Reporting Person Mini Investment Limited

2. Check the Appropriate Box if a Member of a Group

(a) ◻

(b) ◻

3. SEC Use Only

4. Citizenship or Place of Organization British Virgin Islands

---

| | | |
|:---|:---|:---|
| Number of<br> Shares<br> Beneficially<br> Owned by <br> Each<br> Reporting <br> Person With | 5. | Sole Voting Power<br> 0<br>|
| Number of<br> Shares<br> Beneficially<br> Owned by <br> Each<br> Reporting <br> Person With | 6. | Shared Voting Power<br> 328,290,482<sup>(1)</sup><br>|
| Number of<br> Shares<br> Beneficially<br> Owned by <br> Each<br> Reporting <br> Person With | 7. | Sole Dispositive Power<br> 0<br>|
| Number of<br> Shares<br> Beneficially<br> Owned by <br> Each<br> Reporting <br> Person With | 8. | Shared Dispositive Power<br> 328,290,482<sup>(1)</sup><br>|

---

9. Aggregate Amount Beneficially Owned by Each Reporting Person 328,290,482

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares ◻

11. Percent of Class Represented by Amount in Row 9 25.9%<sup>(2)</sup>

12. Type of Reporting Person CO

(1) Represents 328,290,482 ordinary shares held by Mini Investment Limited, a limited liability company incorporated
under the laws of British Virgin Islands. Mini Investment Limited is wholly owned by YGF Development Limited, a limited liability company
incorporated under the laws of British Virgin Islands. 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 and his family members as beneficiaries. Mr. Guofu Ye is deemed to be the
controlling person of the trust.

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.

(2) The percentage of class of securities beneficially owned by the Reporting Person is based on a total of
1,266,986,555 outstanding ordinary shares of the Issuer outstanding as of December 31, 2022 (including 3,296,868 ordinary shares
underlying 824,217 ADSs repurchased by the Issuer pursuant to a share repurchase program adopted by the Issuer in September 2022 but the
cancellation of which was not completed yet as of December 31, 2022).

---

| | |
|:---|:---|
| **CUSIP Number: 66981J102** | **Page 3 of 12** |

---

1. Name of Reporting Person YGF MC Limited

2. Check the Appropriate Box if a Member of a Group

(a) ◻

(b) ◻

3. SEC Use Only

4. Citizenship or Place of Organization British Virgin Islands

---

| | | |
|:---|:---|:---|
| Number of<br> Shares<br> Beneficially<br> Owned by <br> Each<br> Reporting <br> Person With | 5. | Sole Voting Power<br> 0<br>|
| Number of<br> Shares<br> Beneficially<br> Owned by <br> Each<br> Reporting <br> Person With | 6. | Shared Voting Power<br> 203,401,382<sup>(1)</sup><br>|
| Number of<br> Shares<br> Beneficially<br> Owned by <br> Each<br> Reporting <br> Person With | 7. | Sole Dispositive Power<br> 0<br>|
| Number of<br> Shares<br> Beneficially<br> Owned by <br> Each<br> Reporting <br> Person With | 8. | Shared Dispositive Power<br> 203,401,382<sup>(1)</sup><br>|

---

9. Aggregate Amount Beneficially Owned by Each Reporting Person 203,401,382

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares ◻

11. Percent of Class Represented by Amount in Row 9 16.1%<sup>(2)</sup>

12. Type of Reporting Person CO

(1) Represents 203,401,382 ordinary shares (including 8,896,000 ordinary shares in the form of 2,224,000 ADSs)
held by YGF MC Limited, a limited liability company incorporated under the laws of British Virgin Islands. YGF MC Limited is wholly-owned
by Mr. Guofu Ye. 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 YGF MC Limited.

(2) The percentage of class of securities beneficially owned by the Reporting Person is based on a total of
1,266,986,555 outstanding ordinary shares of the Issuer outstanding as of December 31, 2022 (including 3,296,868 ordinary shares
underlying 824,217 ADSs repurchased by the Issuer pursuant to a share repurchase program adopted by the Issuer in September 2022 but the
cancellation of which was not completed yet as of December 31, 2022).

---

| | |
|:---|:---|
| **CUSIP Number: 66981J102** | **Page 4 of 12** |

---

1. Name of Reporting Person YGF Development Limited

2. Check the Appropriate Box if a Member of a Group

(a) ◻

(b) ◻

3. SEC Use Only

4. Citizenship or Place of Organization British Virgin Islands

---

| | | |
|:---|:---|:---|
| Number of<br> Shares<br> Beneficially<br> Owned by <br> Each<br> Reporting <br> Person With | 5. | Sole Voting Power<br> 0<br>|
| Number of<br> Shares<br> Beneficially<br> Owned by <br> Each<br> Reporting <br> Person With | 6. | Shared Voting Power<br> 328,290,482<sup>(1)</sup><br>|
| Number of<br> Shares<br> Beneficially<br> Owned by <br> Each<br> Reporting <br> Person With | 7. | Sole Dispositive Power<br> 0<br>|
| Number of<br> Shares<br> Beneficially<br> Owned by <br> Each<br> Reporting <br> Person With | 8. | Shared Dispositive Power<br> 328,290,482<sup>(1)</sup><br>|

---

9. Aggregate Amount Beneficially Owned by Each Reporting Person 328,290,482

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares ◻

11. Percent of Class Represented by Amount in Row 9 25.9%<sup>(2)</sup>

12. Type of Reporting Person CO

(1) Represents 328,290,482 ordinary shares directly held by Mini Investment Limited, a limited liability company
incorporated under the laws of British Virgin Islands. Mini Investment Limited is wholly owned by YGF Development Limited, a limited liability
company incorporated under the laws of British Virgin Islands. 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 and his family members as beneficiaries. Mr. Guofu Ye is deemed
to be the controlling person of the trust.

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 held by YGF Development Limited.

(2) The percentage of class of securities beneficially owned by the Reporting Person is based on a total of
1,266,986,555 outstanding ordinary shares of the Issuer outstanding as of December 31, 2022 (including 3,296,868 ordinary shares
underlying 824,217 ADSs repurchased by the Issuer pursuant to a share repurchase program adopted by the Issuer in September 2022 but the
cancellation of which was not completed yet as of December 31, 2022).

---

| | |
|:---|:---|
| **CUSIP Number: 66981J102** | **Page 5 of 12** |

---

1. Name of Reporting Person Yunyun Yang

2. Check the Appropriate Box if a Member of a Group

(a) ◻

(b) ◻

3. SEC Use Only

4. Citizenship or Place of Organization British Virgin Islands

---

| | | |
|:---|:---|:---|
| Number of<br> Shares<br> Beneficially<br> Owned by <br> Each<br> Reporting <br> Person With | 5. | Sole Voting Power<br> 0<br>|
| Number of<br> Shares<br> Beneficially<br> Owned by <br> Each<br> Reporting <br> Person With | 6. | Shared Voting Power<br> 789,541,061<sup>(1)</sup><br>|
| Number of<br> Shares<br> Beneficially<br> Owned by <br> Each<br> Reporting <br> Person With | 7. | Sole Dispositive Power<br> 0<br>|
| Number of<br> Shares<br> Beneficially<br> Owned by <br> Each<br> Reporting <br> Person With | 8. | Shared Dispositive Power<br> 789,541,061<sup>(1)</sup><br>|

---

9. Aggregate Amount Beneficially Owned by Each Reporting Person 789,405,061

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares ◻

11. Percent of Class Represented by Amount in Row 9 62.3%<sup>(2)</sup>

12. Type of Reporting Person IN

(1) Represents (i) 328,290,482 ordinary shares directly held by Mini Investment Limited, a limited liability
company incorporated under the laws of British Virgin Islands, (ii) 203,401,382 ordinary shares (including 8,896,000 ordinary shares in
the form of 2,224,000 ADSs) directly held by YGF MC Limited, a limited liability company incorporated under the laws of British Virgin
Islands, and (iii) 257,849,197 ordinary shares directly held by YYY MC Limited, a limited liability company incorporated under the laws
of British Virgin Islands.

Mini Investment Limited is wholly owned by YGF Development Limited, a limited liability company incorporated under the laws of British Virgin Islands. 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 and his family members as beneficiaries. Mr. Guofu Ye is deemed to be the controlling person of the trust. YGF MC Limited is wholly-owned by Mr. Guofu Ye. YYY MC Limited is wholly owned by YYY Development Limited, a limited liability company incorporated under the laws of British Virgin Islands. 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 and her family members as beneficiaries. Ms. Yunyun Yang is deemed to be the controlling person of the trust.

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, YGF MC Limited and YYY MC Limited.

(2) The percentage of class of securities beneficially owned by the Reporting Person is based on a total of
1,266,986,555 outstanding ordinary shares of the Issuer outstanding as of December 31, 2022 (including 3,296,868 ordinary shares
underlying 824,217 ADSs repurchased by the Issuer pursuant to a share repurchase program adopted by the Issuer in September 2022 but the
cancellation of which was not completed yet as of December 31, 2022).

---

| | |
|:---|:---|
| **CUSIP Number: 66981J102** | **Page 6 of 12** |

---

1. Name of Reporting Person YYY MC Limited

2. Check the Appropriate Box if a Member of a Group

(a) ◻

(b) ◻

3. SEC Use Only

4. Citizenship or Place of Organization British Virgin Islands

---

| | | |
|:---|:---|:---|
| Number of<br> Shares<br> Beneficially<br> Owned by <br> Each<br> Reporting <br> Person With | 5. | Sole Voting Power<br> 0<br>|
| Number of<br> Shares<br> Beneficially<br> Owned by <br> Each<br> Reporting <br> Person With | 6. | Shared Voting Power<br> 257,849,197<sup>(1)</sup><br>|
| Number of<br> Shares<br> Beneficially<br> Owned by <br> Each<br> Reporting <br> Person With | 7. | Sole Dispositive Power<br> 0<br>|
| Number of<br> Shares<br> Beneficially<br> Owned by <br> Each<br> Reporting <br> Person With | 8. | Shared Dispositive Power<br> 257,849,197<sup>(1)</sup><br>|

---

9. Aggregate Amount Beneficially Owned by Each Reporting Person 257,849,197

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares ◻

11. Percent of Class Represented by Amount in Row 9 20.4%<sup>(2)</sup>

12. Type of Reporting Person CO

(1) Represents 257,849,197 ordinary shares held by YYY MC Limited, a limited liability company incorporated
under the laws of British Virgin Islands. YYY MC Limited is wholly owned by YYY Development Limited, a limited liability company incorporated
under the laws of British Virgin Islands. 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 and her family members as beneficiaries. Ms. Yunyun Yang is deemed to be the controlling
person of the trust.

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 YYY MC Limited.

(2) The percentage of class of securities beneficially owned by the Reporting Person is based on a total of
1,266,986,555 outstanding ordinary shares of the Issuer outstanding as of December 31, 2022 (including 3,296,868 ordinary shares
underlying 824,217 ADSs repurchased by the Issuer pursuant to a share repurchase program adopted by the Issuer in September 2022 but the
cancellation of which was not completed yet as of December 31, 2022).

---

| | |
|:---|:---|
| **CUSIP Number: 66981J102** | **Page 7 of 12** |

---

1. Name of Reporting Person YYY Development Limited

2. Check the Appropriate Box if a Member of a Group

(a) ◻

(b) ◻

3. SEC Use Only

4. Citizenship or Place of Organization British Virgin Islands

---

| | | |
|:---|:---|:---|
| Number of<br> Shares<br> Beneficially<br> Owned by <br> Each<br> Reporting <br> Person With | 5. | Sole Voting Power<br> 0<br>|
| Number of<br> Shares<br> Beneficially<br> Owned by <br> Each<br> Reporting <br> Person With | 6. | Shared Voting Power<br> 257,849,197<sup>(1)</sup><br>|
| Number of<br> Shares<br> Beneficially<br> Owned by <br> Each<br> Reporting <br> Person With | 7. | Sole Dispositive Power<br> 0<br>|
| Number of<br> Shares<br> Beneficially<br> Owned by <br> Each<br> Reporting <br> Person With | 8. | Shared Dispositive Power<br> 257,849,197<sup>(1)</sup><br>|

---

9. Aggregate Amount Beneficially Owned by Each Reporting Person 257,849,197

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares ◻

11. Percent of Class Represented by Amount in Row 9 20.4%<sup>(2)</sup>

12. Type of Reporting Person CO

(1) Represents 257,849,197 ordinary shares directly held by YYY MC Limited, a limited liability company incorporated
under the laws of British Virgin Islands. YYY MC Limited is wholly owned by YYY Development Limited, a limited liability company incorporated
under the laws of British Virgin Islands. 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 and her family members as beneficiaries. Ms. Yunyun Yang is deemed to be the controlling
person of the trust.

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 held by YYY Development Limited.

(2) The percentage of class of securities beneficially owned by the Reporting Person is based on a total of
1,266,986,555 outstanding ordinary shares of the Issuer outstanding as of December 31, 2022 (including 3,296,868 ordinary shares
underlying 824,217 ADSs repurchased by the Issuer pursuant to a share repurchase program adopted by the Issuer in September 2022 but the
cancellation of which was not completed yet as of December 31, 2022).

---

| | |
|:---|:---|
| **CUSIP Number: 66981J102** | **Page 8 of 12** |

---

Item 1(a). Name of Issuer:

Miniso Group Holding Limited (the "Issuer")

Item 1(b). Address of Issuer's Principal Executive Offices:

8F, M Plaza, No. 109, Pazhou Avenue, Haizhu District, Guangzhou 510000, Guangdong Province, the People's Republic of China

Item 2(a). Name of Person Filing:

Guofu Ye<br> Mini Investment Limited<br> YGF MC Limited<br> YGF Development Limited<br> Yunyun Yang<br> YYY MC Limited<br> YYY Development Limited<br> (collectively, the "Reporting Persons")

Item 2(b). Address of Principal Business Office or, if none, Residence:

The business address of the Reporting Persons is 8F, M Plaza, No. 109, Pazhou Avenue, Haizhu District, Guangzhou 510000, Guangdong Province, the People's Republic of China

Item 2(c). Citizenship:

Guofu Ye – People's Republic of China<br> Mini Investment Limited – British Virgin Islands<br> YGF MC Limited – British Virgin Islands<br> YGF Development Limited – British Virgin Islands<br> Yunyun Yang – People's Republic of China<br> YYY MC Limited – British Virgin Islands<br> YYY Development Limited – British Virgin Islands

Item 2(d). Title of Class of Securities:

Ordinary shares, par value $0.00001 per share, of the Issuer

Item 2(e). CUSIP Number:

66981J 102

This CUSIP number applies to the American depositary shares of the Issuer, each representing four ordinary shares of the Issuer. No CUSIP number has been assigned to the ordinary shares of the Issuer.

Item 3. If this statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the persons filing is a:

Not applicable

---

| | |
|:---|:---|
| **CUSIP Number: 66981J102** | **Page 9 of 12** |

---

Item 4. Ownership

The following information with respect to the ownership of the ordinary shares of par value of $0.00001 per share of the Issuer by each of the Reporting Persons is provided as of December 31, 2022:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Reporting Person\*** | **Amount<br> beneficially<br> owned** | **Percent<br> of<br> class<sup>(1)</sup>** | **Percent of<br> aggregate<br> voting<br> power<sup>(1)</sup>** | **Sole power<br> to vote or<br> direct the<br> vote** | **Shared power<br> to vote or to<br> direct the vote** | **Sole power<br> to dispose or<br> to direct the<br> disposition of** | **Shared power<br> to dispose or<br> to direct the<br> disposition of** |
| Guofu Ye | 789541061<sup>(2)</sup> | 62.3% | 62.3% | 0 | 789541061<sup>(2)</sup> | 0 | 789541061<sup>(2)</sup> |
| Yunyun Yang | 789541061<sup>(3)</sup> | 62.3% | 62.3% | 0 | 789541061<sup>(3)</sup> | 0 | 789541061<sup>(3)</sup> |
| Mini Investment Limited | 328290482<sup>(4)</sup> | 25.9% | 25.9% | 0 | 328290482<sup>(4)</sup> | 0 | 328290482<sup>(4)</sup> |
| YGF Development Limited | 328290482<sup>(4)</sup> | 25.9% | 25.9% | 0 | 328290482<sup>(4)</sup> | 0 | 328290482<sup>(4)</sup> |
| YGF MC Limited | 203401382<sup>(5)</sup> | 16.1% | 16.1% | 0 | 203401382<sup>(5)</sup> | 0 | 203401382<sup>(5)</sup> |
| YYY MC Limited | 257849197<sup>(6)</sup> | 20.4% | 20.4% | 0 | 257849197<sup>(6)</sup> | 0 | 257849197<sup>(6)</sup> |
| YYY Development Limited | 257849197<sup>(6)</sup> | 20.4% | 20.4% | 0 | 257849197<sup>(6)</sup> | 0 | 257849197<sup>(6)</sup> |

---

\* Mini Investment Limited is wholly owned by YGF Development Limited, a limited liability company incorporated under the laws of British Virgin Islands. 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 and his family members as beneficiaries. Mr. Guofu Ye is deemed to be the controlling person of the trust. YGF MC Limited is wholly-owned by Mr. Guofu Ye. YYY MC Limited is wholly owned by YYY Development Limited, a limited liability company incorporated under the laws of British Virgin Islands. 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 and her family members as beneficiaries. Ms. Yunyun Yang is deemed to be the controlling person of the trust. 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, YGF MC Limited and YYY MC Limited.

(1) The percentage of class of securities and the percentage of aggregate voting power beneficially owned
by the Reporting Person is based on a total of 1,266,986,555 outstanding ordinary shares of the Issuer outstanding as of December 31,
2022 (including 3,296,868 ordinary shares underlying 824,217 ADSs repurchased by the Issuer pursuant to a share repurchase program adopted
by the Issuer in September 2022 but the cancellation of which was not completed yet as of December 31, 2022). In computing the percentage
ownership of a Reporting Person, the shares that the Reporting Person has the right to acquire within 60 days, including through the exercise
of any option, warrant or other right or the conversion of any other security, after December 31, 2022 have been included.

(2) Represents (i) 328,290,482 ordinary shares directly held by Mini Investment Limited, a limited liability
company incorporated under the laws of British Virgin Islands, (ii) 203,401,382 ordinary shares (including 8,896,000 ordinary shares
in the form of 2,224,000 ADSs) directly held by YGF MC Limited, a limited liability company incorporated under the laws of British Virgin
Islands, and (iii) 257,849,197 ordinary shares directly held by YYY MC Limited, a limited liability company incorporated under the
laws of British Virgin Islands.

(3) Represents (i) 328,290,482 ordinary shares directly held by Mini Investment Limited, a limited liability
company incorporated under the laws of British Virgin Islands, (ii) 203,401,382 ordinary shares (including 8,896,000 ordinary shares
in the form of 2,224,000 ADSs) directly held by YGF MC Limited, a limited liability company incorporated under the laws of British Virgin
Islands, and (iii) 257,849,197 ordinary shares directly held by YYY MC Limited, a limited liability company incorporated under the
laws of British Virgin Islands.

(4) Represents 328,290,482 ordinary shares held by Mini Investment Limited, a limited liability company incorporated
under the laws of British Virgin Islands.

(5) Represents 203,401,382 ordinary shares (including 8,896,000 ordinary shares in the form of 2,224,000 ADSs)
held by YGF MC Limited, a limited liability company incorporated under the laws of British Virgin Islands.

A loan arrangement has been entered with an authorized institution as defined in the Banking Ordinance (Chapter 155 of the Laws of Hong Kong) (the "Loan Arrangement"), pursuant to which the 133,889,560 ordinary shares held by YGF MC LIMITED are subject to share pledge to another authorized institution as defined in the Banking Ordinance as security agent (the "Security Agent"); as of December 31, 2022, 2,224,000 ADSs (representing 8,896,000 ordinary shares) and 60,615,822 ordinary shares held by YGF MC LIMITED had been placed in escrow and subject to negative pledge covenants and restrictions on disposal.

(6) Represents 257,849,197 ordinary shares held by YYY MC Limited, a limited liability company incorporated
under the laws of British Virgin Islands.

Pursuant to the Loan Arrangement, 257,849,197 ordinary shares held by YYY MC LIMITED are subject to share pledge to Security Agent.

---

| | |
|:---|:---|
| **CUSIP Number: 66981J102** | **Page 10 of 12** |

---

### Item 5. Ownership of Five Percent or Less of a Class:
Not applicable

### Item 6. Ownership of More than Five Percent on Behalf of Another Person:
Not applicable

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Controlling 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:

Not applicable

**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.

Dated: February 9, 2023

---

| | | |
|:---|:---|:---|
| **Guofu Ye** | **Guofu Ye** |  |
| /s/ Guofu Ye | /s/ Guofu Ye |  |
| **Yunyun Yang** | **Yunyun Yang** |  |
| /s/ Yunyun Yang | /s/ Yunyun Yang |  |
| **Mini Investment Limited** | **Mini Investment Limited** |  |
| By: | /s/ Guofu Ye |  |
| Name: | Guofu Ye |  |
| Title: | Director |  |
| **YGF Development Limited** | **YGF Development Limited** | *For an on behalf of* |
|  |  | S.B. Vanwall Ltd. |
| By: | /s/ S.B. Vanwall Ltd. | /s/ Ho Suk Ching |
| Name: | S.B. Vanwall Ltd. | Authorized Signature(s): Ho Suk Ching |
| Title: | Director |  |
| **YGF MC Limited** | **YGF MC Limited** |  |
| By: | /s/ Guofu Ye |  |
| Name: | Guofu Ye |  |
| Title: | Director |  |
| **YYY MC Limited** | **YYY MC Limited** |  |
| By: | /s/ Yunyun Yang |  |
| Name: | Yunyun Yang |  |
| Title: | Director |  |
| **YYY Development Limited** | **YYY Development Limited** | *For an on behalf of* |
|  |  | S.B. Vanwall Ltd. |
| By: | /s/ S.B. Vanwall Ltd. | /s/ Ho Suk Ching |
| Name: | S.B. Vanwall Ltd. | Authorized Signature(s): Ho Suk Ching |
| Title: | Director |  |

---

**LIST OF EXHIBITS**

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| [A](tm235920d1_ex99a.htm) | [Joint Filing Agreement](tm235920d1_ex99a.htm) |

---

## Ex-99.A

**Exhibit A**

**JOINT FILING AGREEMENT**

In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other Reporting Persons (as such term is defined in the Schedule 13G referred to below) on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the ordinary shares, par value of $0.00001 per share, of MINISO Group Holding Limited, a Cayman Islands company, and that this Agreement may be included as an Exhibit to such joint filing. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of February 9, 2023.

---

| | | |
|:---|:---|:---|
| **Guofu Ye** | **Guofu Ye** |  |
| /s/ Guofu Ye | /s/ Guofu Ye |  |
| **Yunyun Yang** | **Yunyun Yang** |  |
| /s/ Yunyun Yang | /s/ Yunyun Yang |  |
| **Mini Investment Limited** | **Mini Investment Limited** |  |
| By: | /s/ Guofu Ye |  |
| Name: | Guofu Ye |  |
| Title: | Director |  |
| **YGF Development Limited** | **YGF Development Limited** | *For an on behalf of* |
|  |  | S.B. Vanwall Ltd. |
| By: | /s/ S.B. Vanwall Ltd. | /s/ Ho Suk Ching |
| Name: | S.B. Vanwall Ltd. | Authorized Signature(s): Ho Suk Ching |
| Title: | Director |  |
| **YGF MC LIMITED** | **YGF MC LIMITED** |  |
| By: | /s/ Guofu Ye |  |
| Name: | Guofu Ye |  |
| Title: | Director |  |
| **YYY MC LIMITED** | **YYY MC LIMITED** |  |
| By: | /s/ Yunyun Yang |  |
| Name: | Yunyun Yang |  |
| Title: | Director |  |
| **YYY Development Limited** | **YYY Development Limited** | *For an on behalf of* |
|  |  | S.B. Vanwall Ltd. |
| By: | /s/ S.B. Vanwall Ltd. | /s/ Ho Suk Ching |
| Name: | S.B. Vanwall Ltd. | Authorized Signature(s): Ho Suk Ching |
| Title: | Director |  |

---