Luckin Coffee

Luckin Coffee to Announce Fourth Quarter and Full Year 2023 Financial Results on February 23, 2024

Retrieved on: 
Friday, February 16, 2024
Coffee, Luckin Coffee, Q&A

Luckin Coffee management will answer a selection of questions from the submission list during the earnings call on February 23, 2024 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 February 23, 2024 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=oFEekSTM .
  • For the earnings conference call, the management will only field investor questions that are submitted via this link prior to and during the earnings call.
  • The replay will be accessible through March 1, 2024, by dialing the following numbers:

EDDIE MIDDLETON AND TIFFANY WONG OF ALVAREZ & MARSAL APPOINTED AS LIQUIDATORS OF CHINA EVERGRANDE GROUP (IN LIQUIDATION)

Retrieved on: 
Monday, January 29, 2024
High court, Lehman Brothers, Knowledge, Liquidator, China Properties Group, Alvarez, Oasis Hong Kong Airlines, Founder Group, Evergrande Group, Luckin Coffee

Mr. Middleton has had a long and distinguished career in the insolvency and restructuring industry, including more than 25 years in Asia.

Key Points: 
  • Mr. Middleton has had a long and distinguished career in the insolvency and restructuring industry, including more than 25 years in Asia.
  • Currently, Mr. Middleton and Ms. Wong are acting as joint liquidators of Genting Hong Kong, Nuoxi Capital Limited (an offshore bond issuer of Peking University Founder Group), Tsinghua UNIC Limited, and China Properties Group Limited.
  • Ms. Wing Sze Tiffany Wong, Managing Director, Alvarez & Marsal Asia Limited commented on the appointment, "We are humbled to have been entrusted with this role.
  • Further announcements and updates will be provided as appropriate and in accordance with the Hong Kong Stock Exchange Listing Rules.

EDDIE MIDDLETON AND TIFFANY WONG OF ALVAREZ & MARSAL APPOINTED AS LIQUIDATORS OF CHINA EVERGRANDE GROUP (IN LIQUIDATION)

Retrieved on: 
Monday, January 29, 2024
High court, Lehman Brothers, Knowledge, Liquidator, China Properties Group, Alvarez, Oasis Hong Kong Airlines, Founder Group, Evergrande Group, Luckin Coffee

Mr. Middleton has had a long and distinguished career in the insolvency and restructuring industry, including more than 25 years in Asia.

Key Points: 
  • Mr. Middleton has had a long and distinguished career in the insolvency and restructuring industry, including more than 25 years in Asia.
  • Currently, Mr. Middleton and Ms. Wong are acting as joint liquidators of Genting Hong Kong, Nuoxi Capital Limited (an offshore bond issuer of Peking University Founder Group), Tsinghua UNIC Limited, and China Properties Group Limited.
  • Ms. Wing Sze Tiffany Wong, Managing Director, Alvarez & Marsal Asia Limited commented on the appointment, "We are humbled to have been entrusted with this role.
  • Further announcements and updates will be provided as appropriate and in accordance with the Hong Kong Stock Exchange Listing Rules.

Dialogue with CCV's Wei Zhou: in Globalization 3.0 Era- ESG as the Lifeline for Expanding Businesses Globally

Retrieved on: 
Friday, November 17, 2023
Carbon, Social Security, Acquisition, DNA, Entrepreneurship, Investment, Element, Ecosystem, Interview, UNPRI, Growth, Electricity, Robotics, Government, United Nations, ESG, Plastic, Organization, Pension, Coffee, Wind, Heart, Lifeline, Socially responsible investing, CCV, AI, Environment, Face, Transport, Habit, Ministry, PLC, Exercise, Silicon, History, Social responsibility, Insurance, KJY, Apple, POS, Luckin Coffee, Ageing, CCER, Recycling, Tax, Tobacco, Intelligence, Software, Principles for Responsible Investment, Thought, Renewable energy, Tourism, Cryptocurrency, Bank, Retail, Management, KPCB, Ecology

Recently, EqualOcean's "Globalization Lounge" live streaming event hosted a profound discussion on the theme of "Globalization 3.0 Era: ESG as the Lifeline for Expanding Businesses Globally."

Key Points: 
  • Recently, EqualOcean's "Globalization Lounge" live streaming event hosted a profound discussion on the theme of "Globalization 3.0 Era: ESG as the Lifeline for Expanding Businesses Globally."
  • KPCB initiated green technology investments globally since the early 2000s, while the domestic surge in China started in 2007.
  • The technological maturity of the products was insufficient for full commercialization, and businesses couldn't generate enough cash flow to sustain themselves.
  • Looking ahead to 2024, what are your expectations for the integration of ESG in the globalization of Chinese companies?

Luckin Coffee Inc. Announces Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 1, 2023
Coffee, US, OTC, GAAP, Research, Advertising, Growth, Marketing, Partnership, ADS, Depreciation, Luckin Coffee, Investment, Video game, Retail, Cryptocurrency, Reinsurance

BEIJING, Nov. 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 September 30, 2023.

Key Points: 
  • More Than 2,400 Net New Store Openings; Ended Quarter With More Than 13,000 Stores
    BEIJING, Nov. 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 September 30, 2023.
  • Same-store sales growth for self-operated stores in the third quarter was 19.9%, compared to 19.4% in the same quarter of 2022.
  • Revenues from partnership stores in the third quarter were RMB1,840.8 million (US$252.3 million), representing an increase of 104.7% from RMB899.1 million in the same quarter of 2022.
  • Total net revenues were RMB7,200.0 million (US$986.8 million) in the third quarter of 2023, representing an increase of 84.9% from RMB3,894.6 million in the same quarter of 2022.

Luckin Coffee to Announce Third Quarter 2023 Financial Results on November 1, 2023

Retrieved on: 
Wednesday, October 25, 2023
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 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 November 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=sBHH0qaL .
  • The Q&A platform will be open from today through the November 1st earnings call.
  • The replay will be accessible through November 8, 2023, by dialing the following numbers:

SF Intra-city Plans to Repurchase Shares at a Maximum of HK$200 million

Retrieved on: 
Thursday, October 19, 2023
Double Eleven, Stock exchange, Share repurchase, AGM, Exercise, Xinjiang Beishan Mining Industry Co., Ltd., Motherboard, Ecosystem, Season, Luckin Coffee, DiDi, SF, Property management, Retail, TikTok

HONG KONG, Oct. 19, 2023 /PRNewswire/ -- Hangzhou SF Intra-city Industrial Co., Ltd. (Stock Code: 9699.HK), China's largest third-party on-demand delivery service provider, is pleased to announce that the board of directors intends to exercise the Share Repurchase Mandate under the general mandate to repurchase the H shares of the Company not exceeding 10% of the total number of the H Shares in issue as at the date of passing the special resolution at the AGM and the Class Meetings at a maximum of HK$200 million.

Key Points: 
  • On 6 June 2023, the Board of the Group decided to utilise the Share Repurchase Mandate and, it plans to repurchase H shares in the open market from time to time by using up to HK$200 million.
  • The Group believes that the current financial resources of the Company are able to implement the share repurchase while maintaining a solid financial position.
  • The share repurchase will enhance investors' understanding of the Company's transparency and corporate governance, and also has the potential to increase earnings per share.
  • SF Intra-city has capitalized on the positive momentum of an economic recovery in the second half of the year.

Luckin Coffee Inc. Announces Second Quarter 2023 Financial Results

Retrieved on: 
Tuesday, August 1, 2023
Advertising, Partnership, Education, Marketing, ADS, GAAP, Research, Investment, Depreciation, HAND, OTC, Coffee, Growth, Luckin Coffee, Total, Video game, Pharmaceutical industry, Cryptocurrency, Reinsurance

BEIJING, Aug. 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 June 30, 2023.

Key Points: 
  • More than 1,400 Net New Store Openings; Ended Quarter with More than 10,000 Stores
    BEIJING, Aug. 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 June 30, 2023.
  • Same-store sales growth for self-operated stores in the second quarter was 20.8%, compared to 41.2% in the same quarter of 2022.
  • Revenues from partnership stores in the second quarter were RMB1,485.8 million (US$204.9 million), representing an increase of 91.1% from RMB777.5 million in the same quarter of 2022.
  • Store preopening and other expenses were RMB18.5 million (US$2.6 million) in the second quarter of 2023, representing an increase of 137.4% from RMB7.8 million in the same quarter of 2022, mainly due to more stores preparing to be opened in the second quarter of 2023 compared to the same quarter of 2022.

Luckin Coffee to Announce Second Quarter 2023 Financial Results on August 1, 2023

Retrieved on: 
Tuesday, July 25, 2023
Luckin Coffee, Q&A, Coffee, Satellite navigation device

Luckin Coffee management will answer a selection of questions from the submission list during the earnings call on August 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 August 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=KIlbjWZH .
  • After registration, there will be an “Ask a Question” section on the bottom of the screen.
  • The replay will be accessible through August 8, 2023, by dialing the following numbers:

Luckin Coffee Inc. Announces First Quarter 2023 Financial Results

Retrieved on: 
Monday, May 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.