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Associated Press

29 minutes ago

• Associated Press

MINISO Group Provides Update on Chairman's Collar Transaction

GUANGZHOU, China, June 20, 2025 /PRNewswire/ -- MINISO Group Holding Limited (NYSE: MNSO; HKEX: 9896) ('MINISO', 'MINISO Group' or the 'Company'), a global value retailer offering a variety of trendy lifestyle products featuring IP design, today announced that it has been informed by Mr. Guofu Ye, the chairman of the board of directors, the chief executive officer and the controlling shareholder of the Company, of the full unwinding of his personal collar transaction with a leading financial institution (the 'Dealer'). Under the terms of the unwinding, the Dealer has returned all 14,000,000 ordinary shares of the Company (the 'Shares') that were previously transferred to it as credit support in connection with a prepaid forward contract (the 'Contract') for this collar transaction. This Contract was entered into in 2023 between the Dealer and Mini Investments SP1 Limited ('Mini Investments'), a BVI entity controlled by Mr. Ye. As part of the Contract, Mini Investments transferred 14,000,000 Shares to the Dealer in return for a prepayment from the Dealer, while agreeing to settle the Contract at expiration with either a cash payment or delivery of the shares. With the unwinding of the transaction, the Company understands that Mini Investments has received back all 14,000,000 Shares. The Company believes that Mr. Ye's decision to unwind the collar transaction and regain these MINISO shares demonstrates his continued confidence in and commitment to the long-term success of the Company. About MINISO Group MINISO Group is a global value retailer offering a variety of trendy lifestyle products featuring IP design. The Company serves consumers primarily through its large network of MINISO stores, and promotes a relaxing, treasure-hunting and engaging shopping experience full of delightful surprises that appeals to all demographics. Aesthetically pleasing design, quality and affordability are at the core of every product in MINISO's wide product portfolio, and the Company continually and frequently rolls out products with these qualities. Since the opening of its first store in China in 2013, the Company has built its flagship brand 'MINISO' as a globally recognized retail brand and established a massive store network worldwide. For more information, please visit Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the 'safe harbor' provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by words or phrases such as 'may', 'will', 'expect', 'anticipate', 'aim', 'estimate', 'intend', 'plan', 'believe', 'is/are likely to', 'potential', 'continue' or other similar expressions. Among other things, the quotations from management in this announcement, as well as MINISO's strategic and operational plans, contain forward-looking statements. MINISO may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the 'SEC') and The Stock Exchange of Hong Kong Limited (the 'HKEX'), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about MINISO's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: MINISO's mission, goals and strategies; future business development, financial conditions and results of operations; the expected growth of the retail market and the market of branded variety retail of lifestyle products in China and globally; expectations regarding demand for and market acceptance of MINISO's products; expectations regarding MINISO's relationships with consumers, suppliers, MINISO Retail Partners, local distributors, and other business partners; competition in the industry; proposed use of proceeds; and relevant government policies and regulations relating to MINISO's business and the industry. Further information regarding these and other risks is included in MINISO's filings with the SEC and the HKEX. All information provided in this press release and in the attachments is as of the date of this press release, and MINISO undertakes no obligation to update any forward-looking statement, except as required under applicable law. Investor Relations Contacts: MINISO Group Holding Limited Email: [email protected] Phone: +86 (20) 36228788 Ext.8039 View original content: SOURCE MINISO Group Holding Limited

Yahoo

33 minutes ago

• Yahoo

HJT Everywhere: Huasun Demonstrates Flexible PV Integration from Balconies to Electric Vehicles at SNEC 2025

SHANGHAI, June 18, 2025 /PRNewswire/ -- Huasun Energy, the world's leading heterojunction (HJT) solar technology provider, launched three astonishing new products to push the limits of solar application on the first day of SNEC PV Power Expo 2025 in Shanghai, including aesthetic balcony solar products, vehicle integrated photovoltaic (VIPV) solution and anti-glare PV modules. Urban spaces often present multiple challenges for traditional rooftop solar. Huasun's new colorful balcony solar system meets this need with a compact, plug-and-play design tailored for apartments and high-density housing. It features pre-assembled brackets, vibrant HJT modules, and built-in microinverters—allowing residents to install their own clean power within only 15 minutes. As electric mobility accelerates, so does the need for extended range and off-grid charging options. Huasun's VIPV solution addresses this by integrating HJT solar modules directly into the vehicle surface. Featuring cambered HJT modules with 0BB design and curved glass, the system generates over 1.2 kWh of electricity per day—sufficient to support up to 25 km of additional driving range. Over the course of a year, that translates to approximately 2,000 km of clean, solar-powered travel—ideal for remote, off-grid, or low-infrastructure environments. Where solar installation used to be restricted by glare concerns—particularly near highways, railways and airports—Huasun's anti-glare modules now offer a breakthrough solution. Engineered with specialized optical treatment on the module surface, these HJT modules minimize glare while maintaining high power output—ensuring coexistence of superior safety and performance. As the world's largest HJT manufacturer, Huasun Energy keeps leading in the R&D and large-scale production of high-efficiency n-type silicon-based HJT ingots, wafers, cells, and modules. By continuously adapting advanced HJT technologies to real-world scenarios, Huasun is driving the broader adoption of solar energy across modern life. Website: Follow "HUASUN HJT" on LinkedIn for more heterojunction updates. View original content to download multimedia: SOURCE Huasun Energy Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Forbes

38 minutes ago

• Forbes

Billionaire Lance Gokongwei's Robinsons Land Sells $536 Million Of Malls To REIT

Philippine billionaire Lance Gokongwei is hiving off about 30.7 billion pesos ($536 million) worth of shopping malls into his family's RL Commercial REIT that will help the group's diversified property arm Robinsons Land Corp. raise funds to bankroll its expansion plans. Robinsons Land—a developer of offices, residences and hotels controlled by the Gokongwei family's JG Summit—will sell nine shopping malls to RL Commercial in exchange for 3.85 billion shares, priced at 8 pesos each, according to a Philippine Stock Exchange filing. The latest infusion of 324,108 square meters (sqm) of mall space to RL Commercial will boost the REIT's portfolio by 39.2% to about 1.2 million sqm of shopping malls and office buildings. The deal comes a year after Robinsons Land sold 34 billion pesos of properties into the REIT. The transaction provides Robinsons Land, the second-largest developer of shopping malls in the country, with RL Commercial shares it can sell to help fund a five-year expansion plan that will entail investments of as much as 125 billion pesos ($2.2 billion). Robinsons Land and rivals Ayala Land and SM Prime are stepping up expansion plans amid a consumption boom in the country. Spearheaded by Robinsons Land CEO Mybelle Aragon GoBio, the first non-family to take the helm at the 45-year old developer, the company will boost its mall and office space by 50%, increase hotel room keys by 25% and double its logistics capacity. Robinsons Land aims to have 69 malls with 2.45 million sqm of gross leasable area by 2030, up from the existing 55 malls with a combined GLA of 1.7 million sqm. Its leasable office space will increase to 1.2 million sqm from 793,000 sqm in the same period. JG Summit also has interests in airlines, food and beverage, banking, petrochemicals and utilities. The business was founded by the late billionaire John Gokongwei in 1954 as a corn starch factory. After Gokongwei passed away in 2019, his six children—Lance, Robina, Lisa, Faith, Hope and Marcia—inherited his fortune. The siblings had a combined net worth of $3 billion, placing them at No. 7 on the list of the Philippines' 50 Richest when it was last published in August last year.