v3.26.1
General information and list of principal subsidiaries (Tables)
12 Months Ended
Dec. 31, 2025
General information and list of principal subsidiaries  
Summary of principal subsidiaries of entity

Set out below is a list of the Company’s principal subsidiaries as at December 31, 2025:

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Place of

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Group’s effective

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incorporation/

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Issued

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interest

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Company name

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establishment and business

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and paid-up capital

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(direct or indirect)

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Principal activities

MINISO Universal Holding Limited

 

BVI

 

USD-

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100%

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Investment holding

MINISO Global Holding Limited

 

BVI

 

USD-

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100%

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Investment holding

YGF Investment V Limited

 

BVI

 

RMB405,516

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100%

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Investment holding

MINISO Development Hong Kong Limited

 

Hong Kong

 

HKD-

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100%

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Investment holding and wholesale of lifestyle products

MINISO Investment Hong Kong Limited

 

Hong Kong

 

HKD80,100,000

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100%

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Investment holding and wholesale of lifestyle products

MINISO Hong Kong Limited

 

Hong Kong

 

HKD350,000,000

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100%

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Wholesale of lifestyle products

YGF Investment V Hong Kong Limited

 

Hong Kong

 

RMB8,272

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100%

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Investment holding

MINISO Life Style Private Limited

 

India

 

INR669,540,570

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100%

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Wholesale and retail of lifestyle products

USA MINISO Depot Inc.

 

United States

 

USD67,041,441

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100%

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Wholesale and retail of lifestyle products

Pt. MINISO Lifestyle Trading Indonesia

 

Indonesia

 

IDR53,289,350,000

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67%

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Wholesale and retail of lifestyle products

MIHK Management Inc.

 

Canada

 

CAD73,923,820

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100%

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Wholesale and retail of lifestyle products

Miniso Lifestyle Singapore Private Limited

 

Singapore

 

SGD3,000

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100%

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Wholesale and retail of lifestyle products

MINISO (Guangzhou) Co., Ltd. (i)(ii)

 

PRC

 

RMB139,693,019

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100%

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Wholesale and retail of lifestyle products

MINISO Youxuan Technology (Guangzhou) Co., Ltd. (ii)

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PRC

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RMB10,000,000

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100%

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Online sales of lifestyle products

MINISO International (Guangzhou) Co., Ltd. (ii)

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PRC

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RMB65,000,000

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100%

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Wholesale of lifestyle products

MINISO (Hengqin) Enterprise Management Co., Ltd. (ii)

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PRC

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RMB10,000,000

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100%

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Brand licensing

TOP TOY International Group Limited

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Cayman Islands

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USD8,800

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86.9%

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Investment holding

TOP TOY Group Holding Limited

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Cayman Islands

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USD-

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100%

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Investment holding

TOP TOY Universal Holding Limited

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BVI

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USD-

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100%

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Investment holding

TOP TOY HK Limited

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Hong Kong

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HKD-

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100%

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Wholesale of pop toy products

TOP TOY (Guangdong) Cultural Creativity Co., Ltd. (Formerly known as TOP TOY (Guangdong) Technology Co., Ltd.) (ii)

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PRC

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RMB5,000,000

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100%

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Wholesale and retail of pop toy products

Mingyou Industrial Investment (Guangzhou) Co., Ltd. (i)(ii)

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PRC

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RMB2,126,000,000

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100%

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Development of headquarters building

Guangdong Juncai International Trading Co., Ltd (ii)

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PRC

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RMB2,808,118,134

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100%

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Investment holding

Notes:

(i)These entities are wholly-owned foreign companies established in the PRC.

(ii)These entities are limited liability companies established in the PRC.