Luckin Coffee

Luckin Coffee Inc. Announces First Quarter 2023 Financial Results

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Lundi, mai 1, 2023

Advertising, Partnership, Luckin Coffee, Marketing, ADS, GAAP, Research, US, Investment, Depreciation, OTC, Coffee, Growth, Total, Video game, Cryptocurrency

BEIJING, May 01, 2023 (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, 2023.

Key Points:

More than 1,100 Net New Stores Openings; Expanded to More than 9,300 Stores
BEIJING, May 01, 2023 (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, 2023.
Revenues from partnership stores in the first quarter were RMB1,135.4 million (US$165.3 million), representing an increase of 106.7% from RMB549.3 million in the same quarter of 2022.
“The Luckin Coffee team is delighted to report strong sales growth and increased profitability in the first quarter of 2023,” said Dr. Jinyi Guo, Chairman and Chief Executive Officer of Luckin Coffee.
Net income was RMB564.8 million (US$82.2 million) in the first quarter of 2023, compared to RMB19.8 million in the same quarter of 2022.

Luckin Coffee to Announce First Quarter 2023 Financial Results on May 1, 2023

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Lundi, avril 24, 2023

Luckin Coffee, Q&A, Coffee, Internet service provider

Luckin Coffee management will answer a selection of questions from the submission list during the earnings call on May 1, 2023 at 8:00 am Eastern Time.

Key Points:

Luckin Coffee management will answer a selection of questions from the submission list during the earnings call on May 1, 2023 at 8:00 am Eastern Time.
Starting today, all shareholders will be able to submit questions to the management by visiting https://event.choruscall.com/mediaframe/webcast.html?webcastid=ndO0ujkZ .
After registration, there will be an “Ask a Question” section on the bottom of the screen.
The replay will be accessible through May 8, 2023, by dialing the following numbers:

Luckin Coffee Files Audited Financial Statements for Fiscal Year 2022

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Jeudi, avril 6, 2023

Bank statement, Annual report, OTC, Growth, Coffee, Cryptocurrency, COVID-19, PRC, Luckin Coffee

BEIJING, April 06, 2023 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (OTC: LKNCY) today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 (the “2022 Annual Report”) with the U.S. Securities and Exchange Commission (the “SEC”).

Key Points:

BEIJING, April 06, 2023 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (OTC: LKNCY) today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 (the “2022 Annual Report”) with the U.S. Securities and Exchange Commission (the “SEC”).
The 2022 Annual Report, which contains Luckin Coffee’s audited consolidated financial statements prepared under U.S. GAAP as of and for the fiscal year ended December 31, 2022, can be accessed on the SEC’s website and on the Company’s investor relations website at https://investor.lkcoffee.com/ .
This announcement contains forward-looking statements within the meaning of Section 21E of the U.S. Securities Exchange Act of 1934, as amended.
Any statements that are not historical facts, including statements about Luckin Coffee’s beliefs and expectations, are forward-looking statements.

Revenue of Yuexiu REIT in 2022 Up 4.2%

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Jeudi, mars 9, 2023

HONG KONG, Mar 10, 2023 - (ACN Newswire) - Yuexiu Real Estate Investment Trust ("Yuexiu REIT" or the "REIT"; stock code: 00405) announced today its 2022 annual results for the year ended 31 December 2022.

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HONG KONG, Mar 10, 2023 - (ACN Newswire) - Yuexiu Real Estate Investment Trust ("Yuexiu REIT" or the "REIT"; stock code: 00405) announced today its 2022 annual results for the year ended 31 December 2022.
Average occupancy rate and room rate of The Ascott Serviced Apartments increased steadily:
-- Operating revenue of GZIFC was RMB880.2million, accounting for 47.0% of the total revenue of the REIT.
Its revenue for 2022 full year amounted to RMB1,872.86 million, representing a 4.2% increase when compared with the same period last year.
Mr. Lin Deliang, Chairman, Chief Executive Officer and Executive Director of Yuexiu REIT, said, "In 2022, Yuexiu REIT adopted a prudent approach in operation and realized steady increase in revenue.

Luckin Coffee Inc. Announces Fourth Quarter and Full Year 2022 Financial Results

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Jeudi, mars 2, 2023

BEIJING, March 02, 2023 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (OTC: LKNCY) today announced its unaudited financial results for the three months ended December 31, 2022 and fiscal year 2022.

Key Points:

Same-store sales growth for self-operated stores in the fourth quarter was 9.2%, compared to 43.6% in the same quarter of 2021.
Revenues from partnership stores in the fourth quarter were RMB843.4 million (US$122.3 million), representing an increase of 87.9% from RMB448.8 million in the same quarter of 2021.
“We delivered another year of strong operational and financial performance despite being materially impacted by COVID-19 in the fourth quarter of 2022,” said Dr. Jinyi Guo, Chairman and Chief Executive Officer of Luckin Coffee.
Impairment loss of long-lived assets were nil in the fourth quarter of 2022, compared to RMB2.4 million in the same quarter of 2021.

Luckin Coffee to Announce Fourth Quarter and Full Year 2022 Financial Results on March 2, 2023

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Jeudi, février 23, 2023

Q&A, Luckin Coffee, Coffee, Internet service provider

Luckin Coffee management will answer a selection of questions from the submission list during the earnings call on March 2, 2023 at 8:00 am Eastern Time.

Key Points:

Luckin Coffee management will answer a selection of questions from the submission list during the earnings call on March 2, 2023 at 8:00 am Eastern Time.
Starting today, all shareholders will be able to submit questions to the management by visiting https://event.choruscall.com/mediaframe/webcast.html?webcastid=DgfeT6wl .
After registration, there will be an “Ask a Question” section on the bottom of the screen.
The replay will be accessible through March 9, 2023, by dialing the following numbers:

Luckin Coffee Announces New Independent Director

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Mercredi, décembre 28, 2022

Growth, Organization, Our Boarding House, Luckin Coffee, OTC, Coffee, Management

BEIJING, Dec. 28, 2022 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (OTC: LKNCY) today announced the appointment of Mr. Joel A. Getz as an independent director of its Board of Directors (the “Board”).

Key Points:

BEIJING, Dec. 28, 2022 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (OTC: LKNCY) today announced the appointment of Mr. Joel A. Getz as an independent director of its Board of Directors (the “Board”).
“As we continue enhancing our focus on sustainable growth, we are delighted to welcome Mr. Getz to our Board as an independent director,” said Dr. Jinyi Guo, Chairman and Chief Executive Officer of Luckin Coffee.
“In light of his significant leadership experience with leading organizations in the United States and expertise in institutional development, we are confident Mr. Getz will provide invaluable guidance and oversight as we work to execute on our strategic priorities.
Our Board and senior management team look forward to working closely with Mr. Getz to achieve our mission and deliver long-term, sustainable value to our shareholders.”
With the appointment of Mr. Getz, the Board is expanded to ten directors.

Luckin Coffee Releases 2020-2022 Corporate Governance Report

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Vendredi, novembre 18, 2022

Growth, OTC, Corporate governance, Coffee, Food safety, Sustainable development, Core values, Luckin Coffee, Woman, Management, Risk management

BEIJING, Nov. 18, 2022 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (OTC: LKNCY) today released its Corporate Governance Report for the period January 1, 2022 through September 30, 2022, highlighting the Company’s focus on corporate innovation and sustainable development, and is aimed at helping Luckin Coffee stakeholders better understand its operations and long-term strategic priorities.

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Details Luckin Coffees New Mission, Vision and Core Values
BEIJING, Nov. 18, 2022 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (Luckin Coffee or the Company) (OTC: LKNCY) today released its Corporate Governance Report for the period January 1, 2022 through September 30, 2022, highlighting the Companys focus on corporate innovation and sustainable development, and is aimed at helping Luckin Coffee stakeholders better understand its operations and long-term strategic priorities.
The report discloses information and developments on Luckin Coffees strengthened corporate governance concepts, structure and practices.
We have high expectations that Luckin Coffee will create greater value for society, said Dr. Jinyi Guo, Chairman and Chief Executive Officer of Luckin Coffee.
Empowered by proprietary technologies, Luckin Coffee pursues its vision to build a world-class coffee brand and become a part of everyones daily life.

Luckin Coffee to Announce Third Quarter 2022 Financial Results on November 22, 2022

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Mardi, novembre 15, 2022

Q&A, Coffee, Luckin Coffee, Risk management, Internet service provider

Luckin Coffee management will answer a selection of questions from the submission list during the earnings call on November 22, 2022 at 8:00 am Eastern Time.

Key Points:

Luckin Coffee management will answer a selection of questions from the submission list during the earnings call on November 22, 2022 at 8:00 am Eastern Time.
Starting today, all shareholders will be able to submit questions to the management by visiting https://event.choruscall.com/mediaframe/webcast.html?webcastid=HRKFnvgS .
After registration, there will be an Ask a Question section on the bottom of the screen.
The replay will be accessible throughNovember 29, 2022, by dialing the following numbers:

Dada Group sets new records for sales and delivery volume during 2022 Singles' Day Grand Promotion

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Mercredi, novembre 16, 2022

SHANGHAI, Nov. 15, 2022 /PRNewswire/ --Dada Group (Nasdaq: DADA) ("Dada"), China's leading on-demand delivery and retail platform, has set new sales and delivery volume records for the Singles' Day Grand Promotion, or Double 11, a major online shopping spree in the world.

Key Points:

SHANGHAI, Nov. 15, 2022 /PRNewswire/ --Dada Group (Nasdaq: DADA) ("Dada"), China's leading on-demand delivery and retail platform, has set new sales and delivery volume records for the Singles' Day Grand Promotion, or Double 11, a major online shopping spree in the world.
Groceries, electronics & appliance, apparel, cosmetics, beverages Dada Riders delivered high-quality products and bargains to consumers timely.
Meanwhile, the vast volume of on-demand delivery orders from the JDDJ platform increases order volume and density for the Dada Now platform.
InJune 2020, Dada Group began trading on the Nasdaq Global Market, under the ticker symbol DADA.