According to internal media reports, Yang Yunyun, Vice President and Chief Risk Officer of Miniso (09896.HK), stated at the 2024 Meituan Instant Retail Industry Conference that consumers' demands are becoming more diverse, and they want to be able to buy immediately. Instant retail is an important opportunity now and in the future. Businesses should seize the lightning warehouse and other representative industry future development trends tightly.

Yang Yunyun continued that Miniso will vigorously invest and focus on offline physical stores and lightning warehouses, achieving a variety of effects through product differentiation, with complementary differences.

Previously, Miniso and Meituan announced a deep strategic cooperation focusing on instant retail business. Within the year, Miniso will launch more than 800 lightning warehouses in the form of '24H Superstores' on Meituan, serving consumers with the immediate need of 'order online, deliver within 30 minutes'. Miniso's Chairman and CEO Ye Guofu stated during the signing that he remains bullish on the development prospects of instant retail and lightning warehouse formats.