Miniso: The spin-off of the trend toy business operated by the TOPTOY brand is in the preliminary stage

On June 6th, 09896.HK announced that the company has noticed several media reports that the company may plan to spin off the company's specific business and go public independently. The company is conducting a preliminary assessment of the potential spin-off and listing of its trend toy business operated under the TOPTOY brand with a view to optimizing shareholder value. The proposed plan is at a preliminary stage and whether it will proceed depends on a number of factors, including market conditions. The timing, listing location or other details of the proposed plan cannot be guaranteed. Shareholders and potential investors should exercise caution when trading in the company's shares.