On January 2nd, a reporter from Beijing News Shell Finance noticed on the Tianyancha app that Miniso (Guangzhou) Co., Ltd., Miniso (Hengqin) Enterprise Management Co., Ltd., Miniso Optimal Technology (Guangzhou) Co., Ltd., Anqing Jiaxin Medical Supplies Technology Co., Ltd., and Qi Wenjun had added a new case of execution subject information, with an execution amount of 30.05 million yuan.
According to the Tianyancha App, the above-mentioned executed case is related to the judicial case of "Shenzhen Quanmian Era Technology Co., Ltd. and Mingchuang Youpin (Guangzhou) Co., Ltd., Mingchuang Youpin (Hengqin) Enterprise Management Co., Ltd., and other related unauthorized use of other people's product names, packaging, and decoration disputes". The relevant case number (2022) Lu 01 Zhi Min Chu No. 799, and the plaintiff in the first instance is Shenzhen Quanmian Era Technology Co., Ltd, The defendants in the first instance are Mingchuang Youpin (Guangzhou) Co., Ltd., Anqing Jiaxin Medical Supplies Technology Co., Ltd., Mingchuang Youpin (Hengqin) Enterprise Management Co., Ltd., Mingchuang Youxuan Technology (Guangzhou) Co., Ltd., and Ruiqiwen Department Store in Jinan High tech Development Zone.
According to a reporter from New Beijing News and Shell Finance, Miniso mentioned the above-mentioned lawsuit case in its 2023 midterm report. Mingchuang Youpin stated, "All Cotton Era has filed a legal lawsuit against several Chinese subsidiaries and a supplier of the company regarding unfair competition disputes, with a claim amount of 30 million yuan. According to the evaluation of our group's litigation lawyers, the likelihood of our group's Chinese subsidiaries losing the lawsuit is very low. Even if the plaintiff wins, it is expected that the court's judgment on compensation will not be significant and far lower than the total claim amount."
Public information shows that Miniso (Guangzhou) Co., Ltd. was established in October 2017, with Ye Guofu as its legal representative and a registered capital of approximately 147 million yuan. Mingchuang Youpin (Hengqin) Enterprise Management Co., Ltd. and Mingchuang Youxuan Technology (Guangzhou) Co., Ltd. are both wholly-owned subsidiaries of Mingchuang Youpin (Guangzhou) Co., Ltd.
In addition, according to its recently released financial report for the first quarter of the 2024 fiscal year, the company's total revenue reached 3.791 billion yuan, a year-on-year increase of 36.7%. After adjustment, the net profit was 642 million yuan, a year-on-year increase of 53.8%. Among them, domestic revenue exceeded 2.49 billion yuan, a year-on-year increase of 35%, and overseas revenue reached 1.3 billion yuan, a year-on-year increase of 41%. The gross profit margin was 41.8%, a year-on-year increase of 6.1 percentage points.