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In Depth: How Miniso’s Founder Aims to Engineer a Supermarket Turnaround

By Sun Yanran and Wang Xintong
2025年05月09日 19:13
Ye Guofu is betting that he can use the same playbook that built the cheap-chic Chinese retailer to revitalize the struggling Yonghui Superstores

After Ye Guofu sketched out a plan for salvaging one of China’s largest supermarket chains at a conference on March 29, he punctuated one of his proposals for revamping Yonghui Superstores Co. Ltd.’s (601933.SH) relationship with its suppliers by posting his personal email address onscreen for all to see.

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