MINISO Group Holding Ltd. (HK:9896) has released an update.
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MINISO Group Holding Ltd. has announced a strategic move to enhance its procurement of third-party branded cosmetics and beauty products, reflecting growing market demand. The company aims to ensure fair pricing and profit margins by comparing costs with independent suppliers and adhering to market pricing guidelines. This approach is expected to stabilize transaction volumes from Wow Colour Beauty while exploring new procurement channels in the coming years.
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