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, […]

Original title: Lu Zhengyao, a car rental in China, struggling to find another man Shenzhou Rent-a-Car has had many twists and turns on the way to find Panxia. July 20, SAIC Announced that after the group’s wholly-owned subsidiary SAIC Motor Hong Kong Investment Co., Ltd. signed a contract to acquire China Rent-A-Car, in the process of subsequent equity transfer agreement

Shenzhou Rent-a-Car, Lu Zhengyao, struggling to find another man >> 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

Sina Finance News on July 17, Sina Finance was informed that the original Chief Technology Officer (CTO) of Ruixing Coffee He Gang will officially join Nai Xue’s tea (hereinafter referred to as “Nai Xue”) in August as CTO and lead the technical team Help Naixue’s digital construction. According to public information, He Gang joined Ruixing Coffee in September 2019. He

Nai Xue’s tea responds to executive rumors: the original Ruixing coffee CTO He Gang is about to join >> Read More

Original title: Review: HSI rises 0.47%, Daily Seven Lianyin Tourism and media stocks are sought after Weimeng rises 11.26% Source: Financial website Financial industry website news today, the HSI opened 0.69% higher in the morning and maintained a wide range of shocks throughout the day. The intraday rise was once more than 1%. As of the close, it rose 0.47%.

Comments: The HSI rose 0.47%, and the seven-line Lianyin tourism and media stocks were sought after. Weimeng rose 11.26%. >> 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: 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

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

Original title: New management under the storm leads Ruixing Coffee’s smooth transition Source: www.capitalweek.com.cn Under the storm, Ruixing Coffee sneaked low-key. On the one hand, new stores are opened almost every day across the country. On the other hand, various new products are also on the market continuously, and new marketing activities are still emerging. After the storm in the

Under the storm, the new management led the smooth transition of Ruixing Coffee >> Read More

Sina Technology News On the evening of July 14, according to sources quoted by the Wall Street Journal: The British Virgin Islands Court has sentenced on July 9 to liquidate the shares of Ruixing Coffee held by Lu Zhengyao, the founder of Ruixing Coffee. Lu Zhengyao will lose control of Ruixing Coffee, and KPMG will become the largest shareholder of

Foreign media: Lu Zhengyao will lose control of Ruixing, KPMG becomes the largest shareholder >> Read More

News on July 14, Ruixing Coffee (LK.US) According to the announcement, the company held special shareholders’ meetings and the board of directors on July 5 and July 12, respectively. According to the results of the meeting, Guo Jinyi, a director of the board of directors and former acting CEO of Ruixing Coffee, has been appointed as the chairman of the

Ruixing Coffee’s board reorganization: Lu Zhengyao is out, Guo Jinyi becomes CEO and chairman >> Read More

Sina Technology News The afternoon of July 14th, recently, Tianyan data showed that there was a business change in Ruixing Investment (Tianjin) Co., Ltd., Qian Zhiya withdrew from the legal representative, executive director, and general manager, and Guo Jinyi took over. Tianyancha’s shareholder data shows that the company is a wholly-owned subsidiary of Luckin Coffee (Hong Kong) Limited. According to

Qian Zhiya withdraws from the legal person of Ruixing Investment (Tianjin) Co., Ltd. >> Read More

News on July 14, Ruixing Coffee An announcement was released to announce the changes in the board of directors and the appointment of new directors. Guo Jinyi was appointed as the new CEO and chairman. Lu Zhengyao, Liu Erhai, Li Hui and Sean Shao no longer serve on the board of directors. According to the announcement, Ruixing Coffee held an

Ruixing senior adjustment: Guo Jinyi as CEO and chairman Lu Zhengyao is out >> Read More

June 29, Ruixing Coffee Formally in Nasdaq Suspension of trading and delisting for the record. More importantly, Ruixing Coffee’s counterfeiting “harms others and harms others”, dragging down the stock prices of all Chinese stocks. Looking back at the entire incident, one cannot help but ask, can regulators have the opportunity to detect such company fraud earlier? How to save the

Ruixing’s delisting is just the beginning >> Read More