名創優品：2025年度報告.pdf

1、名創優品集團控股有限公司 MINISO Group Holding Limited 年度報告 ANNUAL REPORT 2025ANNUAL REPORT年度報告2025（A company incorporated in the Cayman Islands with limited liability）（於開曼群島註冊成立的有限責任公司）Stock Code 股份代號：9896名創優品集團控股有限公司MINISO Group Holding LimitedContents目 錄Company Information公司資料2Financial Performance Highlights

2、財務表現摘要5Five-year Financial Summary五年財務摘要10Business Review and Outlook業務回顧及展望12Management Discussion and Analysis管理層討論與分析24Directors Report董事會報告36Directors and Senior Management董事及高級管理層52Corporate Governance Report企業管治報告58Other Information其他資料82Independent Auditors Report獨立核數師報告97Consolidated Stateme

3、nts of Profit or Loss綜合損益表104Consolidated Statements of Profit or Loss and Other Comprehensive Income綜合損益及其他全面收益表105Consolidated Statements of Financial Position綜合財務狀況表106Consolidated Statements of Changes in Equity綜合權益變動表108Consolidated Statements of Cash Flows綜合現金流量表110Notes to the Consolidated Fi

4、nancial Statements綜合財務報表附註112Definitions釋義2672MINISO Annual Report 2025Company Information公司資料董事執行董事葉國富先生（主席兼首席執行官）獨立非執行董事徐黎黎女士朱擁華先生王永平先生審計委員會徐黎黎女士（主席）朱擁華先生王永平先生薪酬委員會朱擁華先生（主席）徐黎黎女士王永平先生葉國富先生提名及企業管治委員會王永平先生（主席）徐黎黎女士朱擁華先生葉國富先生聯席公司秘書張靖京先生黃凱婷女士授權代表葉國富先生黃凱婷女士中國總辦事處及主要營業地點中國廣東省廣州市海珠區琶洲大道109號銘豐廣場8樓（郵編：5100

5、00）DIRECTORSExecutive DirectorMr.YE Guofu(Chairman and Chief Executive Officer)Independent Non-Executive DirectorsMs.XU LiliMr.ZHU YonghuaMr.WANG YongpingAUDIT COMMITTEEMs.XU Lili(Chairperson)Mr.ZHU YonghuaMr.WANG YongpingCOMPENSATION COMMITTEEMr.ZHU Yonghua(Chairperson)Ms.XU LiliMr.WANG YongpingMr.

6、YE GuofuNOMINATING AND CORPORATE GOVERNANCE COMMITTEEMr.WANG Yongping(Chairperson)Ms.XU LiliMr.ZHU YonghuaMr.YE GuofuJOINT COMPANY SECRETARIESMr.ZHANG JingjingMs.WONG Hoi TingAUTHORISED REPRESENTATIVESMr.YE GuofuMs.WONG Hoi TingHEAD OFFICE AND PRINCIPAL PLACE OF BUSINESS IN CHINA8F,M PlazaNo.109,Paz