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Sunday 22 December 2024
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Luckin Coffee

Luckin Coffee to pay US$180 million penalty in settlement

NEW YORK, U.S. — Luckin Coffee Inc. has announced that it has reached a settlement (the “Settlement”) with the United States Securities and Exchange...

Luckin Coffee announces the receipt of penalty decisions from the Chinese Samr

BEIJING, China — Luckin Coffee Inc. (OTC:LKNCY) yesterday announced the receipt of penalty decisions (the “Penalty Decisions”) from the Chinese State Administration for Market...

Chinese market watchdog issues $9m fine against Luckin and associated firms

MILAN – China's market regulator has issued a fine of 61 million yuan (about 9 million U.S. dollars) to Luckin Coffee and 43 third-party...

Luckin Coffee announces appointment of MarcumBP as new independent auditor

BEIJING, China — Luckin Coffee Inc. has announced the appointment of Marcum Bernstein & Pinchuk LLP (“ MarcumBP ”) as the Company’s independent registered...

Luckin Coffee announces the re-appointment of Sean Shao as an independent director

BEIJING, China — Luckin Coffee Inc. yesterday announced the re-appointment of Mr. Sean Shao as an independent director to its Board of Directors. The...

Luckin Coffee: Centurium Capital asks to reinstate Sean Shao, as two directors resign

BEIJING, China – Two of the shareholders of Luckin Coffee are asking to reverse part of the boardroom changes decided in July following the...

Chinese regulators to penalise Luckin Coffee after confirming huge accounting fraud

MILAN – Chinese regulators will issue administrative penalties to the operating entities of Luckin Coffee Inc., two of its affiliates, and third parties assisting...

Charles Lu Zhengyao loses control of Luckin Coffee shares following a BVI court ruling

MILAN – Charles Lu Zhengyao, the co-founder and former chairman of Luckin Coffee, has lost control of all his shares in the Chinese coffee...

Luckin Coffee removes Charles Zhengyao, names Jinyi Guo as CEO and chairman of the board

MILAN – Luckin Coffee Inc announced Monday its board has appointed Jinyi Guo as the board's chairman and company's CEO. Guo, a director and...

Luckin Coffee chairman Charles Zhengyao Lu was sacked by shareholders in an EGM

MILAN – Luckin Coffee chairman and founder Charles Zhengyao Lu was ousted in an EGM held Sunday in Beijing. Three other board directors including...

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