Jinwu Financial News | MINISO (09896) stock price rises, as of the time of writing, up 4.2%, reported at 48.35 HKD, with a transaction volume of 0.128 billion HKD.

On the news front, on December 9, MINISO revealed that it has partnered with over 150 global well-known IPs to promote the sales of more than 0.8 billion pieces of IP products. In terms of its reserve of two-dimensional IP, it is expected to launch self-developed Guzi-related peripheral products every month next year, creating differentiated creative products through commissioned works and secondary creations, and collaborating with Bandai to launch more official Guzi peripherals. Currently, the company has established a management and R&D team in Shanghai made up of professionals and experienced talents in IP operation and the two-dimensional circle.

Huachuang Securities' Research Reports indicate that the company has raised its guidance for new store openings this year from 900-1100 to 1200. The company's full-year margin guidance is 16-16.5%, with Q4 margins expected to be the highest of the year. The overseas store openings this year are favorable, laying the foundation for revenue growth next year, providing guidance for accelerated growth next year.

Guosheng Securities stated that the company, as a Global leader in daily miscellaneous retail, leverages advantages in channels and supply chains to expand rapidly worldwide using a light asset model. At the same time, it has incubated the trendy toy brand TOPTOY, which is expected to contribute a second growth curve; currently, various formats, products, and supply chains are continuously optimizing, overseas business is growing rapidly, and profitability is improving significantly, with performance consistently exceeding expectations.