Exhibit 99.7 MINISO Group Holding Limited (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 年度報告 2023* ANNUAL REPORT ...

Core Viewpoint - MINISO Group reported strong financial results for the quarter ended March 31, 2024, with significant year-over-year growth in revenue, gross profit, and store expansion, driven by effective IP and globalization strategies [1][7]. Financial Highlights - Revenue reached RMB3,723.5 million (US$515.7 million), a 26.0% increase year over year [2][8]. - Gross profit was RMB1,616.5 million (US$223.9 million), reflecting a 39.1% year-over-year increase [2][10]. - Gross margin improved to 43.4%, up from 39.3% in the same period of 2023 [2][11]. - Operating profit increased by 29.1% to RMB743.3 million (US$102.9 million) [2][14]. - Profit for the period was RMB586.0 million (US$81.2 million), a 24.4% increase year over year [2][14]. - Adjusted net profit rose by 27.7% to RMB616.9 million (US$85.4 million) [2][14]. - Adjusted EBITDA was RMB965.3 million (US$133.7 million), marking a 36.7% increase year over year [2][14]. Operational Highlights - As of March 31, 2024, MINISO operated 6,630 stores globally, with a net addition of 217 stores in the March Quarter, nearly tripling the previous year's figure [3][5]. - The number of MINISO stores in mainland China reached 4,034, with a net addition of 108 stores in the March Quarter [3][5]. - Overseas stores totaled 2,596, with a net opening of 109 stores, significantly up from 16 in the same period last year [3][5]. - TOP TOY stores increased to 160, with a year-over-year growth of 44 stores [3][5]. Revenue Breakdown - Revenue from mainland China increased by 16.2% to RMB2,501.7 million (US$346.5 million), driven by a 15.6% increase in offline store revenue [8][9]. - Revenue from overseas markets surged by 52.6% to RMB1,221.9 million (US$169.2 million), attributed to a 19.7% expansion in average store count and a robust same-store sales growth of around 21% [9][10]. - Revenue from directly operated overseas markets contributed approximately 58% to total overseas revenue, indicating strong performance in these regions [10][11]. Management Commentary - The CEO highlighted the fastest pace of store openings in the first quarter ever and expressed confidence in achieving a net addition of 900 to 1,100 stores in 2024 [7]. - The CFO noted that gross margin reached 43.4%, higher than the previous peak season, and emphasized the company's focus on improving gross margin through core capabilities [7][12].

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to capitalize on established price movements for profitable trades [1] Company Overview: MINISO Group Holding Limited (MNSO) - MNSO currently holds a Momentum Style Score of A and a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance [2] - The stock has shown significant price increases, with a 1.65% rise over the past week and a 14.16% increase over the past month, outperforming its industry [3] Price Performance - Over the past quarter, MNSO shares have risen by 45.84%, and by 43.57% over the last year, significantly outperforming the S&P 500, which increased by 3.78% and 27.1% respectively [3] Trading Volume - MNSO's average 20-day trading volume is 1,411,682 shares, which serves as a bullish indicator when combined with rising stock prices [4] Earnings Outlook - In the last two months, 2 earnings estimates for MNSO have been revised upwards, increasing the consensus estimate from $1.17 to $1.24 [5] - For the next fiscal year, 2 estimates have also moved upwards with no downward revisions, indicating positive earnings momentum [5] Conclusion - Given the strong performance metrics and positive earnings outlook, MNSO is positioned as a strong buy candidate with a Momentum Score of A [6]

MINISO Group Holding Limited Unsponsored ADR (MNSO) closed the last trading session at $23.14, gaining 9.4% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $29.59 indicates a 27.9% upside potential.The average comprises three short-term price targets ranging from a low of $27.90 to a high of $31.86, with a standard deviation of $2.04. While the lowest estimate indicates an increase ...

GUANGZHOU, China, April 30, 2024 /PRNewswire/ -- MINISO Group Holding Limited (NYSE: MNSO; HKEX: 9896) ("MINISO", "MINISO Group" or the "Company"), a global value retailer offering a variety of trendy lifestyle products featuring IP design, today announced that it plans to release its March quarter 2024 financial results before the U.S. market opens on Tuesday, May 14, 2024. The Company's management will hold an earnings conference call at 5:00 A.M. Eastern Time on Tuesday, May 14, 2024 (5:00 P.M. Beijing T ...

研究报告Research Report 24 Apr 2024 名创优品 MINISO Group (MNSO US) 名创优品季报前瞻： 开店势头延续，海外强劲增长 1Q24 Preview: Store Expansion Momentum Continued, Oversea Business Witnessed Strong Growth [观Ta点bl聚e_焦yem Inevie1s] tment Focus [Tab维le_持Inf优o] 于大市Maintain OUTPERFORM (Please see APPENDIX 1 for English summary) 事件：名创优品预计在5月中旬公布1Q24业绩。我们预计公司1Q收 评级 优于大市OUTPERFORM 入37亿元，同比增长25%；经调净利润6亿元，同比增长25%，经调 现价 US$21.21 经调净利率16.3%。 目标价 US$26.60 点评：国内业务预计收入 25.2 亿元，同比增长 17%。①名创国内 1Q 市值 US$6.57bn 概况：收入预计 22.9 亿元，同比增长 14.4%，基本符合此前公司同比 日交易额 ( ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12 (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 193 ...

GUANGZHOU, China , April 16, 2024 /PRNewswire/ -- MINISO Group Holding Limited (NYSE: MNSO; HKEX: 9896) ("MINISO", "MINISO Group" or the "Company"), a global value retailer offering a variety of trendy lifestyle products featuring IP design, today announced that it will hold an annual general meeting of the Company's shareholders (the "AGM") at 9:00 a.m. Beijing time on June 20, 2024 at 16F, Building A, M Plaza, No. 109, Pazhou Avenue, Haizhu District, Guangzhou, Guangdong Province, the People's Republic of ...

研究报告Research Report 13 Mar 2024 名创优品 MINISO Group (MNSO US) 点评报告：业绩持续性强，利润再创新高 Review report：Performance Showing High Visibility, Profits Hitting New Record [观Ta点ble聚_y焦em Ieniv1e]s tment Focus [Tab维le_持Info优] 于大市Maintain OUTPERFORM (Please see APPENDIX 1 for English summary) 事件：名创优品3月 12日公布4Q财报。收入38.4亿元，同比增 评级 优于大市OUTPERFORM 长 54%；毛利率 43.1%，同比增长 3.1pct；经调净利润 6.6 亿元， 现价 US$18.22 同比增长 77%，经调净利率 17.2%；除汇兑外经调净利率 17.4%， 目标价 US$26.60 创历史新高。公司指引1Q收入同比增长20%-25%；24年收入同比 增长20%-30%（上限较前期指引20%-25%上调），经调净利同比增 市值 US$6.4 ...

Asian goods retailer Miniso (MNSO) was a popular item for investors this week. Over the five days the market was open, the Chinese company's U.S. shares climbed almost 16% higher, according to data compiled by S&P Global Market Intelligence. One specific event provided the catalyst for this leap.Double-digit improvements on key line items in the fourth quarterThat event was the release of Miniso's fourth-quarter earnings report, which featured growth numbers that were well in the double digits.Revenue, for ...