MINISO responds to Blue Orca Capital’s short selling report: groundless and contains misleading conclusions and interpretations

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36氪 was informed that MINISO responded to the Blue Orca Capital short selling report, saying that the report was groundless and contained misleading conclusions and interpretations of company information. The company’s board of directors is reviewing the allegations and considering appropriate action to protect the interests of all shareholders. Based on the recommendations of the management of the Company and in order to protect the interests of all shareholders, the Board of Directors decided to establish an independent committee composed of independent directors Xu Lili, Zhu Yonghua and Wang Yongping to supervise the independent investigation of the relevant allegations in the report. The Independent Committee may, when appropriate, engage independent professional advisers to assist in independent investigations.
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