On April 30th, it was reported that there has been a change in the management of Luckin Coffee. Among them, Chairman and CEO Guo Jinyi will no longer serve as the Chairman of the Company and will continue to serve as the CEO and Director of the Company. Meanwhile, the board of directors has approved the appointment of Li Hui to rejoin the board and assume the position of chairman. It is understood that as of February 28, 2025, Dazheng Capital holds 17.4% of Class A shares and 100% of Class B shares, making it the largest shareholder of Luckin Coffee. At present, Dazheng Capital holds a total of 31.3% of the shares and 53.6% of the voting rights, with Li Hui serving as the chairman and CEO. (Reporter Xu Cihao)
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