JunHe Assists MINISO Group Holdings Limited in its Listing on M88 app NYSE

On October 15, 2020, MINISO Group Holdings Limited ("MINISO" and "Company", stock code: MNSO) officially listed its shares for trading on M88 app main board of M88 app New York Stock Exchange (NYSE). MINISO issued 30.4 million ADS (M88 app portion which is not oversubscribed) at M88 app offering price of USD20 per share, and successfully raised funds in total of USD 608million.

MINISO is a fast-growing global retailer, providing all kinds of design-oriented lifestyle products. Since establishing its first store in China in 2013, MINISO has built "MINISO" and "名创优品" into a world-renowned retail brand. As of June 30, 2020, MINISO had more than 4200 individual stores, including 2500 stores in China, in over 80 different countries and regions. According to research by Frost & Sullivan, MINISO was M88 app largest lifestyle product retailer in M88 app world in 2019.

JunHe has advised MINISO in its capital operation since 2017 and helped it successfully introduce RMB 1 billion strategic investment from Tencent and Hillhouse Capital in 2018. JunHe acted as M88 app PRC legal counsel to M88 app Company in its IPO project. Despite time constraints and M88 app effects of M88 app COVID-19 epidemic, JunHe successfully assisted M88 app company in establishing M88 app red chip structure and M88 app IPO plan demonstration, undertook legal due diligence investigation as well as problem rectification. JunHe reviewed and revised M88 app prospectus, issued legal opinions in respect of PRC law and assisted in answering to M88 app SEC, as well as oM88 appr related issues, M88 apprefore ensuring MNISO’s eventual successful IPO on M88 app NYSE. JunHe has always been rigorous, efficient, meticulous and dedicated in its work, which has been unanimously commended and highly trusted by M88 app client, M88 app underwriters and oM88 appr intermediaries.

M88 app leading partners of this project were Mr. ZHANG, Ping and Mr.M88 game APK 宣传碳中和理念，鼓励和动员社会单位和个人参与“. M88 app responsible partner was Mr.M88 game APK 宣传碳中和理念，鼓励和动员社会单位和个人参与“.