6Suppliers
25Customers
1Debt Items
17Related Chains

Source-Backed Evidence Depth

MINISO Group Holding Limited (MNSO) is shown with relationship data already present in ChainSifter's database. Counts below come from stored supply-chain records and filing/source URLs where available; missing source URLs are not filled in or estimated.

33Total relationships
1Distinct source URLs
12High confidence
0.717Average confidence
2026-09-13Latest database update
ChainSifter does not infer unreported suppliers, customers, ownership, acquisitions, debt exposure, revenue dependency, or future supply-chain events on this public page.

MINISO Group Holding Limited Suppliers

TickerNameConfidenceEvidence
THIRD-PARTY-SUPPLIERS THIRD-PARTY-SUPPLIERS 85% Illegal actions or misconduct of our Retail Partners, local distributors, sub-contractors or sub-distributors, third-party suppliers or other service providers, or any failure by them to provide sati…
SUB-CONTRACTORS SUB-CONTRACTORS 80% We typically do not have any contractual relationship with any sub-contractors or sub-distributors and do not control or deal with them directly.
SUB-DISTRIBUTORS SUB-DISTRIBUTORS 80% We typically do not have any contractual relationship with any sub-contractors or sub-distributors and do not control or deal with them directly.
IP-LICENSORS IP-LICENSORS 75% Our cooperation with IP licensors may also be adversely affected by negative publicities regarding our IP licensors, which could negatively affect our reputation, business and results of operations.
GS The Goldman Sachs Group, Inc. 72% Reciprocal relationship from GS graph: Reciprocal relationship from MNSO graph: Reciprocal relationship from GS graph: Reciprocal relationship from MNSO graph: Reciprocal relationship from GS graph: …
YALA Yalla Group Limited 72% Reciprocal relationship from YALA graph: hanges in working capital and other activities. Reconciliation of net income to net cash provided by operating activities primarily consisted of the non-cash …

MINISO Group Holding Limited Customers

TickerNameConfidenceEvidence
LOCAL-DISTRIBUTORS LOCAL-DISTRIBUTORS 90% If we fail to maintain the relationship with our Retail Partners or our local distributors or fail to attract new Retail Partners or local distributors to join our store network, our business, result…
RETAIL-PARTNERS RETAIL-PARTNERS 90% If we fail to maintain the relationship with our Retail Partners or our local distributors or fail to attract new Retail Partners or local distributors to join our store network, our business, result…
ACC-SUPER-ACCESSORIES-SHENZHEN-TECHNOLOGY-LIMITE ACC-SUPER-ACCESSORIES-SHENZHEN-TECHNOLOGY-LIMITE 85% 6 ​ ​ ​ ​ ​ Included in trade and other payables to related parties: ​ ​ ​ ​ - Shanghai Kerong Networks Limited ​ 162 ​ 100 - Wow Colour Beauty Guangdong Technology Limited ​ 51 ​ 3 - ACC Super Acces…
GUANGZHOU-MINGYOU-BUSINESS-DEVELOPMENT-CO-LTD GUANGZHOU-MINGYOU-BUSINESS-DEVELOPMENT-CO-LTD 85% 6 ​ ​ ​ ​ ​ Included in trade and other payables to related parties: ​ ​ ​ ​ - Shanghai Kerong Networks Limited ​ 162 ​ 100 - Wow Colour Beauty Guangdong Technology Limited ​ 51 ​ 3 - ACC Super Acces…
MINISO-LIFESTYLE-NIGERIA-LIMITED MINISO-LIFESTYLE-NIGERIA-LIMITED 85% 6 ​ ​ ​ ​ ​ Included in trade and other payables to related parties: ​ ​ ​ ​ - Shanghai Kerong Networks Limited ​ 162 ​ 100 - Wow Colour Beauty Guangdong Technology Limited ​ 51 ​ 3 - ACC Super Acces…
SOME-RETAIL-PARTNERS SOME-RETAIL-PARTNERS 85% n track record to rapidly build up our store network in tier-one and tier-two cities in China and successfully penetrate into lower-tier cities with our newly opened MINISO stores mainly located in l…
ZHAOQING-INDUSTRIAL-INVESTMENT-CO-LTD ZHAOQING-INDUSTRIAL-INVESTMENT-CO-LTD 85% 6 ​ ​ ​ ​ ​ Included in trade and other payables to related parties: ​ ​ ​ ​ - Shanghai Kerong Networks Limited ​ 162 ​ 100 - Wow Colour Beauty Guangdong Technology Limited ​ 51 ​ 3 - ACC Super Acces…
DEVELOPMENT-THE-GROUP DEVELOPMENT-THE-GROUP 62% (p) Interest-bearing borrowings Interest-bearing borrowings are measured initially at fair value less transaction costs. Subsequent to initial recognition, interest-bearing borrowings are stated at a…
FVTPL-THE-GROUP FVTPL-THE-GROUP 62% rrent ​ ​ ​ ​ - Investment in structured deposit (ii) 100,000 ​ — Notes: (i) In June 2023, the Group invested in an unlisted limited partnership enterprise (the “Partnership Enterprise”) with conside…
GROUP-THE-GROUP GROUP-THE-GROUP 62% l default on its contractual obligations resulting in a financial loss to the Group. The Group’s credit risk is primarily attributable to trade and other receivables. The Group’s exposure to credit r…
GUANGDONG-CULTURAL-CREATIVITY-CO-LTD GUANGDONG-CULTURAL-CREATIVITY-CO-LTD 62% . Utilizing customer profiles, this system customizes outreach strategies and supports multi-channel communication through various social media platforms to achieve precise marketing to our members. …
GUANGZHOU-CO-LTD GUANGZHOU-CO-LTD 62% which mainly include a license agreement and a sales agreement (collectively “Franchise Agreements”), whereby the retail partners are licensed to operate the retail partners stores and are authorized…
GUANGZHOU-LIMITED GUANGZHOU-LIMITED 62% . Utilizing customer profiles, this system customizes outreach strategies and supports multi-channel communication through various social media platforms to achieve precise marketing to our members. …
GUANGZHOU-MINGYOU-BUSINESS-MANAGEMENT-CO-LTD GUANGZHOU-MINGYOU-BUSINESS-MANAGEMENT-CO-LTD 62% n of the agreement. Total rental and related expenses incurred in connection with the lease of this property during the year ended June 30, 2023 and the six months ended December 31, 2023 were RMB 2,…
HENGQIN-ENTERPRISE-MANAGEMENT-CO-LTD HENGQIN-ENTERPRISE-MANAGEMENT-CO-LTD 62% . Utilizing customer profiles, this system customizes outreach strategies and supports multi-channel communication through various social media platforms to achieve precise marketing to our members. …
HONG-KONG-DOLLARS-THE-GROUP HONG-KONG-DOLLARS-THE-GROUP 62% try or country in which the customers operate and therefore significant concentrations of credit risk primarily arise when the Group has significant exposure to individual customers. At December 31, …
HONG-KONG-LIMITED HONG-KONG-LIMITED 62% Item 16E. Purchases of Equity Securities by the Issuer and Affiliated Purchasers 188 Item 16F. Change in Registrant’s Certifying Accountant 189 Item 16G. Corporate Governance 190 Item 16H. Mine Safet…
MINISO-GROUP MINISO-GROUP 62% which mainly include a license agreement and a sales agreement (collectively “Franchise Agreements”), whereby the retail partners are licensed to operate the retail partners stores and are authorized…
MINISO-SG-PTE-LTD MINISO-SG-PTE-LTD 62% deferred tax assets amounted to RMB288.7 million (US$41.3 million), representing approximately 1.0% of our total assets. We periodically assess the probability of the realization of deferred tax asse…
MINISO-WINKY-ITALY-S-R-L-THE-GROUP MINISO-WINKY-ITALY-S-R-L-THE-GROUP 62% ​ ​ ​ Inputs ​ ​ Discount rate 12.8 % Perpetual growth rate 2.0 % Expected dividends 0.0 % DLOM 12.1 %~ 13.9 % Expected volatility 42.1 %- 46.8 % Discount for lack of control 24.1 % ​ Expected divide…
PASSIVE-FOREIGN-INVESTMENT-COMPANY PASSIVE-FOREIGN-INVESTMENT-COMPANY 62% owever, there can be no assurance in this regard because our PFIC status is a factual determination made annually that will depend, in part, upon the value of our assets and the composition of our in…
SHANGHAI-TECHNOLOGY-CO-LTD SHANGHAI-TECHNOLOGY-CO-LTD 62% n of the agreement. Total rental and related expenses incurred in connection with the lease of this property during the year ended June 30, 2023 and the six months ended December 31, 2023 were RMB 2,…
SILVERGATE-CAPITAL-CORP SILVERGATE-CAPITAL-CORP 62% tutions or transactional counterparties, could adversely affect our current and projected business operations and our financial condition and results of operations. Adverse developments that affect f…
TREATY-PASSIVE-FOREIGN-INVESTMENT-COMPANY TREATY-PASSIVE-FOREIGN-INVESTMENT-COMPANY 62% owever, there can be no assurance in this regard because our PFIC status is a factual determination made annually that will depend, in part, upon the value of our assets and the composition of our in…
YONGHUI-SUPERSTORES-CO-LTD YONGHUI-SUPERSTORES-CO-LTD 62% sed investment in technology and the development of new operational processes. If we or those with whom we share information fail to comply with these laws and regulations or experience a data securi…

MINISO Group Holding Limited Debt Obligations

InstrumentDescriptionConfidenceEvidence
MNSO-DEBT Debt stack $1.6B 90% Market cache reports total debt of $1.6B.

MINISO Group Holding Limited Acquisitions

No acquisitions on recordNo completed or pending acquisitions found in our database for MINISO Group Holding Limited.

MINISO Group Holding Limited Ownership

HolderNameConfidenceEvidence
MNSO-OWNER-SERENITY-CAPITAL-MANAGEMENT-PTE- SERENITY CAPITAL MANAGEMENT PTE. LTD. 90% 13F overlay lists SERENITY CAPITAL MANAGEMENT PTE. LTD. as top holder; 103 tracked holders.

MINISO Group Holding Limited Extended Supply Chain Network

TickerNameChain IndexHopsRelationship Types
GS The Goldman Sachs Group, Inc. 100.00 1 ['supplier']
YALA Yalla Group Limited 100.00 1 ['supplier']
CBOE Cboe Global Markets, Inc. 50.00 2
DIDIY DiDi Global Inc. 50.00 2
HTT High Templar Tech Limited 50.00 2
RENT Rent the Runway, Inc. 50.00 2
FICO Fair Isaac Corporation 50.00 2
ENTG Entegris, Inc. 50.00 2
OTRKQ Ontrak, Inc. 50.00 2
STUB StubHub Holdings, Inc. 50.00 2
VG Venture Global, Inc. 50.00 2
VIPS Vipshop Holdings Limited 50.00 2
ARRY Array Technologies, Inc. 50.00 2
GLTR abrdn Physical Precious Metals Basket Shares ETF 50.00 2
ENIC Enel Chile S.A. 50.00 2
ZEPP Zepp Health Corporation 50.00 2
HOOD Robinhood Markets, Inc. 50.00 2
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MNSO
Unlock MNSO Supply Chain Data
Verified relationships include:
THIRD-PARTY-SUPPLIERSTHIRD-PARTY-SUPPLIERSSupplier85%
SUB-CONTRACTORSSUB-CONTRACTORSSupplier80%
LOCAL-DISTRIBUTORSLOCAL-DISTRIBUTORSCustomer90%
RETAIL-PARTNERSRETAIL-PARTNERSCustomer90%
+29 more relationships locked
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