Luckin Coffee Files 2024 Annual Report on Form 20-F

Rhea-AI Summary

Luckin Coffee (OTC: LKNCY) has announced the filing of its 2024 Annual Report (Form 20-F) with the SEC on March 31, 2025. The report includes the company's audited consolidated financial statements prepared under U.S. GAAP for the fiscal year ended December 31, 2024.

The annual report is accessible through both the SEC's website and Luckin Coffee's investor relations website at investor.lkcoffee.com. The filing contains detailed information about the company's financial position, business operations, and future outlook, though specific financial figures were not disclosed in the press release.

Positive

• Timely filing of annual report demonstrates regulatory compliance
• Audited financial statements under U.S. GAAP standards indicate transparency

Negative

• None.

BEIJING, March 31, 2025 (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, 2024 (the “2024 Annual Report”) with the U.S. Securities and Exchange Commission (the “SEC”).

The 2024 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, 2024, can be accessed on the SEC’s website and on the Company’s investor relations website at https://investor.lkcoffee.com/.

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of Section 21E of the U.S. Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continue,” “ongoing,” “targets,” “guidance” and similar statements. Luckin Coffee may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about Luckin Coffee’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the expense, timing and outcome of existing or future legal and governmental proceedings or investigations in connection with Luckin Coffee; Luckin Coffee’s growth strategies; its future business development, results of operations and financial condition; the effect of the non-reliance identified in, and the resultant restatement of, certain of Luckin Coffee’s previously issued financial results; the effectiveness of its internal control; its ability to retain and attract its customers; its ability to maintain and enhance the recognition and reputation of its brand; its ability to maintain and improve quality control policies and measures; its ability to establish and maintain relationships with its suppliers and business partners; trends and competition in China’s coffee industry or China’s food and beverage sector in general; changes in its revenues and certain cost or expense items; the expected growth of China’s coffee industry or China’s food and beverage sector in general; governmental policies and regulations relating to Luckin Coffee’s industry; and general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties or factors is included in Luckin Coffee’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Luckin Coffee undertakes no obligation to update any forward-looking statement, except as required under applicable law.

About Luckin Coffee

Luckin Coffee (OTC: LKNCY) has pioneered a technology-driven retail network to provide coffee and other products of high quality, high convenience, and high affordability to customers. Empowered by proprietary technologies, Luckin Coffee pursues its vision to build a world-class coffee brand and become a part of everyone’s daily life. Luckin Coffee was founded in 2017 and is based in China. For more information, please visit investor.lkcoffee.com.

Investor and Media Contacts

Investor Relations:
Luckin Coffee IR
Email: ir@lkcoffee.com

Bill Zima
ICR, Inc.
Phone: 646 880 9039

Media Relations:
Luckin Coffee PR
Email: pr@lkcoffee.com

FAQ

When did Luckin Coffee (LKNCY) file its 2024 annual report?

Luckin Coffee filed its 2024 annual report (Form 20-F) with the SEC on March 31, 2025.

Where can investors access Luckin Coffee's 2024 annual report?

The report is available on the SEC's website and Luckin Coffee's investor relations website (investor.lkcoffee.com).

What financial period does Luckin Coffee's latest Form 20-F cover?

The Form 20-F covers the fiscal year ended December 31, 2024.

What accounting standards were used in Luckin Coffee's 2024 annual report?

The report contains audited consolidated financial statements prepared under U.S. GAAP standards.