First Quarter Net Revenues Increased 89.5%; Achieved Corporate Level Profitability for First Time 556 Net New Store Openings in First Quarter BEIJING, May 24, 2022 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (OTC: LKNCY) today announced its unaudited financial results for the three months ended March 31, 2022. FIRST QUARTER 2022 HIGHLIGHTS1 Total net revenues in the first quarter were RMB2,404.6 million (US$379.3 million), representing an increase of 89.5% from RMB1
Adopts New Board Term Limit and Announces Board Composition Update New Board Members Bring Important Skills and Experience BEIJING, May 20, 2022 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (OTC: LKNCY) today announced the adoption of new directorship term, the resignations of two directors (Mr. Wai Yuen Chong and Mr. Gang Wu) from its Board of Directors (“Board”) and the appointments of four new directors (Mr. Weihao (Michael) Chen, Mr. Jun Liu, Ms. Qianli Liu and M
BEIJING, May 16, 2022 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (OTC: LKNCY) will release its first quarter 2022 financial results before the U.S. market open on Tuesday, May 24, 2022. The Company will hold a conference call on Tuesday, May 24, 2022, at 8:00 am Eastern Time (or Tuesday, May 24, 2022, at 8:00 pm Beijing Time) to discuss the financial results. Please register in advance of the conference using the link provided below. Upon registering, you will be p