# EDGAR Filing Document

**Accession Number:** 0001815846
**File Stem:** 0001104659-25-093502
**Filing Date:** 2025-9
**Character Count:** 4809
**Document Hash:** c4260b7faddb10b4a83f73963bada8f6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-093502.hdr.sgml**: 20260325

**ACCESSION NUMBER**: 0001104659-25-093502

**CONFORMED SUBMISSION TYPE**: CORRESP

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250926

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MINISO Group Holding Ltd
- **CENTRAL INDEX KEY:** 0001815846
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-VARIETY STORES [5331]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** CORRESP

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 8F, M PLAZA, NO. 109, PAZHOU AVENUE
- **STREET 2:** HAIZHU DISTRICT, GUANGZHOU 510000
- **CITY:** GUANGDONG PROVINCE
- **PROVINCE COUNTRY:** F4
- **ZIP:** 510000
- **BUSINESS PHONE:** 862036228788

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 16F, M PLAZA, NO. 109, PAZHOU AVENUE
- **STREET 2:** HAIZHU DISTRICT, GUANGZHOU 510000
- **CITY:** GUANGDONG PROVINCE
- **PROVINCE COUNTRY:** F4
- **ZIP:** 510000

**MINISO GROUP HOLDING LIMITED** 

8F, M Plaza, No. 109

Pazhou Avenue

Haizhu District, Guangzhou 510000

Guangdong Province, PRC

------

September 26, 2025

**VIA EDGAR**

Mr. Robert Shapiro

Mr. Doug Jones

Division of Corporation Finance

Office of Trade & Services

Securities and Exchange Commission

100 F Street, N.E.

Washington, D.C. 20549

---

| | |
|:---|:---|
| **Re:** | **MINISO Group Holding Limited (the "Company")** |
|  | **Form 20-F for the Year Ended December 31, 2024** |
|  | **File No. 001-39601** |

---

Dear Mr. Shapiro and Mr. Jones:

This letter sets forth the Company's response to the comment contained in the letter dated September 16, 2025 from the staff (the "**Staff**") of the Securities and Exchange Commission (the "**Commission**") regarding the Company's Form 20-F for the fiscal year ended December 31, 2024 filed with the Commission on April 24, 2025 (the "**2024 Form 20-F**"). The Staff's comment is repeated below in bold and is followed by the Company's response thereto. All capitalized terms used but not defined in this letter shall have the meanings ascribed to such terms in the 2024 Form 20-F.

**<u>Form 20-F for Fiscal Year Ended December 31, 2024<br> Consolidated Statements of Changes in Equity, page F-7</u>**

**1.** **Please explain to us the basis in accounting guidance in IFRS for presenting cash dividends declared and paid during each period presented as a reduction from additional paid-in capital rather than retained earnings.** 

The Company respectfully submits that in accordance with IFRS guidance (IAS 1, paragraph 107), an entity is required to present, either in the statement of changes in equity or in the notes, the amount of dividends recognized as distributions to owners during the period and the related amount of dividends per share. This standard does not impose any restriction on the source from which cash dividends are paid.

Division of Corporation Finance

Office of Trade & Services

Securities and Exchange Commission

September 26, 2025

The Company is incorporated in the Cayman Islands and complies with Cayman Islands law and the Company's memorandum and articles of association ("**M&AA**") with respect to corporate matters such as dividends. Pursuant to the Companies Act (As Revised) of the Cayman Islands and the Company's currently effective M&AA, it is permitted for the Company to declare and pay cash dividends out of either profit or the share premium account (i.e., additional paid-in capital). The board of directors of the Company approved the relevant cash dividend in March 2025 to be funded from additional paid-in capital, as the Company had negative retained earnings at the time. Accordingly, the cash dividend was presented as a reduction from additional paid-in capital, as disclosed in Note 22(d) to the consolidated financial statements of the Company for the year ended December 31, 2024.

\* \* \*

If you have any additional questions or comments regarding the 2024 Form 20-F, please contact the Company's U.S. counsel, Haiping Li of Skadden, Arps, Slate, Meagher & Flom LLP, at +852 3740 4835 or haiping.li@skadden.com, and Shu Du of Skadden, Arps, Slate, Meagher & Flom LLP, at +852 3740 4858 or shu.du@skadden.com.

---

| | |
|:---|:---|
| Sincerely yours, | Sincerely yours, |
| **MINISO Group Holding Limited** | **MINISO Group Holding Limited** |
| By: | /s/ Jingjing Zhang |
| Name: Jingjing Zhang | Name: Jingjing Zhang |
| Title: Chief Financial Officer | Title: Chief Financial Officer |

---

cc: Haiping Li, Esq., Partner, Skadden, Arps, Slate, Meagher & Flom LLP <br> Shu Du, Esq., Partner, Skadden, Arps, Slate, Meagher & Flom LLP <br> Ming Chung, Partner, KPMG Huazhen LLP