MINISO Group Holding Limited (MNSO) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, everyone. Thank you for waiting and welcome to listen to the 4th quarter of 2020 and the annual phone call conference of 2025. Now, all participants are in the listening mode. After the management level speech, we will also conduct the Q&A session. Please mark your name and where you are and note that this event will be recorded. This phone call conference provides English voice transmission. 你可以在Zoom会议中点击传译来选择语言。 我们已今天公布了2025年第四季度及2025年全年业绩, 可以在我们的投资者关系网站ir.minnesot.com上查阅。 参加今天会议的有我们的创始人兼首席执行官叶国富先生和首席财务官张敬金先生。 Before we continue, please take a look at the security statement in our financial report. This statement is also used for this phone call, because we will make a pre-published statement. Please note that we will be discussing non-IFAS financial indicators today. We have explained these indicators in the financial report of the company and the documents submitted to the U.S. Stock Exchange Commission and the Hong Kong Exchange Office, and have adjusted the most reasonable indicators according to the IFAS report. Unless there is another explanation, the currency unit is the people's currency. In addition, we have prepared a written report for today's phone conference. If you are using Zoom conference, you can see it now. You can also view it on our RR website later. Next, let's welcome Mr. Ye Guofu to start speaking. Hello, everyone. Welcome to the 4th quarter of the Mingchang Youping Group's 4th quarter of the year. The 4th quarter of the year is the annual financial report conference. In 2025, there will be a growth in documents for the group. China China China China The core brand is outstanding. In the fourth quarter, the mini brand achieved the highest growth rate in nearly eight quarters, with a growth rate of 28%. The revenue reached 5.6.5 billion...