Original title: Luckin Coffee achieved single-store profitability in July. Will it achieve overall profitability in 2021? On August 10, an insider close to Luckin Coffee revealed to multiple media that Luckin Coffee, which was deeply involved in financial fraud on August 8, held the 2020 Mid-Year National Conference. During this meeting, Ruixing internally announced some business conditions: as of July, […]

Futu News reported on August 10 that an insider close to Ruixing Coffee revealed that on the weekend of August 8 just past, Ruixing Coffee, which is deeply involved in financial fraud, held the 2020 “Mid-Year National meeting”. Judging from the business situation disclosed at the meeting in the first half of the year, there are quite positive signals. The

Ruixing Coffee: Except for the unopened stores that have achieved overall breakeven, it is expected to achieve overall profitability in 2021 >> Read More

Original title: Ruixing’s financial fraud investigation is released, administrative punishment is on the line Trainee reporter He Jueyuan On July 31, the Ministry of Finance, the State Administration of Market Supervision and the China Securities Regulatory Commission successively issued investigation reports on Ruixing Coffee’s financial fraud. The China Securities Regulatory Commission revealed that recently, the China Securities Regulatory Commission has

Ruixing financial fraud investigation is released, administrative punishment is on the line >> Read More

Gelonghui July 31丨In ​​April of this year, Luckin Coffee Inc. exposed its financial fraud and received widespread attention. In accordance with the State Council’s Financial Commission’s “zero tolerance” spiritual requirements for financial fraud in the capital market, the China Securities Regulatory Commission, together with the Ministry of Finance, the State Administration for Market Regulation and other departments, suspected violations of

The China Securities Regulatory Commission issued a circular on the investigation and disposal of Ruixing Coffee’s financial fraud >> Read More

Original title: The State Administration of Market Supervision filed investigations into Ruixing Coffee (China) Co., Ltd. and Ruixing Coffee (Beijing) Co., Ltd. for suspected unfair competition In April of this year, Ruixing Coffee “disclosed” financial fraud, and the State Administration of Market Supervision quickly established a task force to investigate Ruixing Coffee’s suspected fraudulent transactions and other unfair competition behaviors.

The State Administration of Market Supervision filed an investigation into Ruixing Coffee and other suspected unfair competition >> Read More

Original title: The Ministry of Finance completed the inspection of the accounting information quality of Ruixing Coffee Company’s domestic operating entities Source: Supervision and Evaluation Bureau July 31, 2020 Source: Bureau of Supervision and Evaluation In accordance with the “Accounting Law of the People’s Republic of China”, the Ministry of Finance has organized its forces to deal with Luckin Coffee

The Ministry of Finance completed the inspection of the accounting information quality of Ruixing Coffee Company’s domestic operating entities >> Read More

Original title: Ministry of Finance: From April 2019 to the end of 2019, Ruixing Coffee inflated revenue by 2.119 billion yuan. Source: Securities Times·e Company e company news, the Ministry of Finance has completed the inspection of the accounting information quality of Ruixing Coffee Company’s domestic operating entities. The inspection found that from April 2019 to the end of 2019,

Ministry of Finance: From April 2019 to the end of 2019, Ruixing Coffee inflated its revenue by 2.119 billion yuan >> Read More

Original title: American style 5 yuan a cup, Michelle Ice City sells coffee a bit wild It’s not Hey Tea or Naixue. The first domestic milk tea that broke through 10,000 stores is a brand called Michelle Ice City. On June 21, Michelle Ice City put up a banner of “Congratulations to Michelle Ice City’s global stores for breaking through

American style 5 yuan a cup, Michelle’s coffee shop is a bit wild >> Read More

Original title: Ruixing Financial Fraud Aftermath Impact? UCAR was investigated! Lu Zhengyao was “double clicked”! Source: Wildfire Finance According to the latest announcement on July 20, according to the latest announcement of UCAR, because of suspected information disclosure violations and other acts, the SFC will investigate the company. CICC, as the lead underwriter, also issued a risk warning, saying that

Ruixing Financial Fraud Aftermath Impact? UCAR was investigated! Lu Zhengyao was “double clicked”! >> Read More

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Sina Finance News As the epidemic index continues to rise, financial turbulence continues to intensify, the crude oil crash “black swan” has a strong impact, the US capital market has experienced four unprecedented meltdowns, the global economy has entered a recession has basically become a foregone conclusion, and is facing unprecedented Downside risk. To this end, we should be fully

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Original title: Former Ruixing CTO joins Nai Xue’s tea or prepares for launch 36 Krypton was informed that He Gang, the former Chief Technology Officer (CTO) of Ruixing Coffee, had recently joined the new tea brand Nexue’s tea as the CTO. 36 Krypton asked Nai Xue’s tea on this matter, and the other party responded: “Mr. He Gang has an

Yuan Ruixing CTO and middle-level team join Nai Xue’s tea, or prepare for the market >> Read More

Original title: Ernst & Young claims that Ruixing’s fraud began in April last year, and the introduction of an anti-fraud team led to the exposure of Ruixing’s fraud On July 16, Ernst & Young issued the “Statement on Ruixing Coffee” (hereinafter referred to as “Statement”). In the statement, Ernst & Young stated that Ruixing Coffee’s financial fraud began in April

Ernst & Young said that Ruixing’s fraud began in April last year, and the introduction of anti-fraud team led to the exposure of Ruixing’s fraud >> Read More

Original Title: Ruixing Coffee Appoints Joint Temporary Liquidator: Time for Space, Unfavorable Situation Is Reversed Source: China Science and Technology News Network China Science and Technology News Network July 16 (Liu Lin) The situation facing Ruixing Coffee is accelerating. On July 16, when the board of directors completed the reorganization, Ruixing Coffee issued an announcement that the Cayman Islands Grand

Ruixing Coffee appoints joint interim liquidator: time for space, unfavorable situation is expected to reverse >> Read More

Original Title: Ernst & Young Statement: No Audit Responsibility for Ruixing Coffee’s Financial Fraud Securities Times e company news, on July 16, Ernst & Young issued a statement on Ruixing Coffee. Ernst & Young said that the inspection of Ruixing Coffee has been completed and the inspection conclusion has been formed. According to Ernst & Young, Ruixing Coffee’s financial fraud

Ernst & Young Statement: No Audit Responsibility for Ruixing Coffee’s Financial Fraud >> Read More

Original title: Ruixing Coffee appoints a joint interim liquidator to facilitate the normal operation of the company Source: Oriental Fortune network Original title: Ruixing Coffee Appoints Joint Temporary Liquidator Conducive to the Normal Operation of the Company July 16 News Ruixing Coffee announced today that the Cayman Islands Grand Court has appointed two managing directors of Anmai Cayman Islands Enterprise

Ruixing Coffee appoints a joint interim liquidator to facilitate the normal operation of the company >> Read More

Original title: Rui Xing announced that it held cash and equivalents of US$780 million and appointed 2 low-intervention temporary liquidators to monitor and reorganize Source: Sohu IT According to the news on July 16, Ruixing Coffee issued an announcement. According to the application submitted by Ruixing Coffee, the Cayman Court appointed the two managing directors of Anmai Cayman Islands Enterprise

Ruixing announced that it held $780 million in cash and equivalents and appointed two low-intervention temporary liquidators to monitor and reorganize >> Read More

Original title: Ruixing Coffee appoints “low-interference” joint interim liquidator Source: Tencent Securities Tencent Securities July 16, Ruixing Coffee appointed Alexander Lawson of Alvarez & Marsal Cayman Islands Limited and Wing Sze Tiffany Wong of Alvarez & Marsal Asia Limited as joint interim liquidators of “low interference”. Ruixing Coffee believes that this has no real impact on the company’s daily operations.

Ruixing Coffee appoints “low-interference” joint interim liquidator >> Read More

BRIEF

July 15 (Reuters)-Luckin Coffee Inc: * LUCKIN COFFEE-ANNOUNCES APPOINTMENT OF ALEXANDER LAWSON AND WING SZE TIFFANY WONG AS “LIGHT-TOUCH” JOINT PROVISIONAL LIQUIDATORS IN CAYMAN ISLANDSSource text for Eikon: (([email protected] ) Reuters, July 15-Luckin Coffee Inc: *LUCKIN Coffee-announced the appointment of Alexander Lawson and Wing Sze Tiffany Wong as joint temporary liquidator of the Cayman Islands, Eikon The source text of:

BRIEF >> Read More

It is reported that a court in the British Virgin Islands approved the bank’s application for the liquidation of Haode Investments Inc. on July 9, and appointed KPMG as the liquidator of these assets. This company is controlled by Lu Zhengyao’s family trust company and holds shares in Ruixing Coffee. From the date of the judgment, Lu Zhengyao had 14

Lu Zhengyao’s shares were liquidated by the court! Will lose the control of Ruixing, Dazheng Capital has the most voting rights >> Read More