如何在有限的空间里创造无限的场景可能，将是决胜未来的关键命题。 4月14日，上海链家与瑞幸咖啡首个共享门店正式开业。此次两大品牌的跨界合作，带来探索社区服务的全新可能性，被业界称为"新零售时代的社区服 务新物种"。 据了解，在共享门店中，用户办理房产业务时可同步购买生椰拿铁等爆款咖啡，瑞幸会员还能获取周边社区房源、便民服务信息，实现"到店即服务"的无 缝体验。 图源：上海链家 近年来，咖啡品牌跨界零售、零售品牌跨界咖啡的现象屡见不鲜，此前中国邮政、李宁、迪卡侬等非咖啡品牌纷纷涉足咖啡赛道，Manner、挪瓦咖啡等 咖啡品牌也先后入驻零售门店。 事实上，链家早在去年就携手Manner咖啡开了一家共享门店，看得出，有意在打造更舒适、一体化的服务门店。 图：链家·Manner共享店 对瑞幸而言，这是其"渠道下沉+场景渗透"战略的关键落子。依托链家门店网络，瑞幸可快速切入传统商业体以外的社区场景，以轻资产模式实现现有2.2 万家门店之外的点位补充。更重要的是，链家门店的标准化装修与稳定物业关系，降低了瑞幸的选址成本与运营风险。 不仅如此，瑞幸咖啡的战略考量也更具技术驱动特征。其构建了覆盖全球原料采购、自建烘焙生产、数 ...

BEIJING, April 22, 2025 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. ("Luckin Coffee" or the "Company") (OTC: LKNCY) will release its first quarter 2025 financial results before the U.S. market opens on Tuesday, April 29, 2025. The Company will hold a conference call on Tuesday, April 29, 2025, at 8:00 am Eastern Time (or Tuesday, April 29, 2025, at 8:00 pm Beijing Time) to discuss the financial results and take questions live. Luckin Coffee (OTC: LKNCY) has pioneered a technology-driven retail network to provide ...

Core Insights - Luckin Coffee, a leading Chinese coffee chain, is gaining popularity due to its high-quality, convenient, and cost-effective products and services, enhanced by the launch of the HarmonyOS version of its app [1] Group 1: App Development and Features - Luckin Coffee officially joined the HarmonyOS ecosystem in January 2024, becoming one of the first companies in the food and beverage industry to develop core functionalities for the HarmonyOS application [2] - The HarmonyOS version of the Luckin Coffee app supports the entire consumer process from app launch, login, ordering, to pickup/delivery, and integrates payment options like Alipay and WeChat Pay for user convenience [2] Group 2: Innovative Functionalities - The app includes several innovative features such as Huawei account one-click login, smart filling for delivery information, and a scan-to-direct feature that allows users to access the app's homepage directly from the lock screen [3] - These features aim to streamline the ordering process and enhance user experience by reducing manual input and providing quick access to promotions [3] Group 3: Multi-Device Compatibility - The HarmonyOS version of the Luckin Coffee app is designed for multi-device deployment, ensuring a consistent and smooth experience across different devices, including foldable phones and tablets [4] - Future updates will introduce meta-services to offer users a variety of product forms [4]

Summary of Conference Call Industry Overview - The conference primarily discusses the coffee industry, with specific references to companies like Luckin Coffee and trends in the tea beverage sector [2][19]. Key Points and Arguments 1. **Market Conditions**: The coffee industry faced significant pressure in early 2024, particularly in January and February, but showed signs of recovery with a positive turnaround in December 2023, exceeding expectations [3][19]. 2. **Sales Performance**: The sales data indicated a recovery from a negative 32% in the first half of the year to a positive growth in December, with expectations of continued strong performance despite some weather-related disruptions in March [3][19]. 3. **Pricing Strategy**: There have been minor price increases in some areas, but overall pricing remains stable. The company is cautious about raising prices significantly due to competitive pressures and market conditions [4][5][21]. 4. **Raw Material Supply**: The global supply of coffee beans is under strain due to adverse growing conditions, with a planting cycle of about six months. This could lead to fluctuations in prices, but significant changes are not anticipated in the short term [7][8][10]. 5. **Operational Adjustments**: The company is adapting its operational model to manage costs and supply chain issues, including securing stable coffee bean supplies from Brazil [23][24]. 6. **Store Expansion**: Luckin Coffee plans to open approximately 1,700 to 1,800 new stores in the first quarter, focusing on high-tier cities, which reflects a strategic shift in market penetration [20][22]. 7. **Competitive Landscape**: The coffee market is evolving, with increased competition from brands like Starbucks and new entrants in the tea beverage sector, which is seeing a shift towards fruit and vegetable teas [25][31]. 8. **Consumer Trends**: There is a noted shift in consumer preferences, with traditional coffee consumption patterns being challenged by new beverage trends, particularly in the tea segment [16][31]. Additional Important Insights - **Product Innovation**: The company has successfully iterated on its product offerings, addressing previous consumer feedback and enhancing product quality [11][12]. - **Market Dynamics**: The coffee market is still in a phase of education and expansion, contrasting with the more mature tea market, indicating potential for growth in coffee consumption [16][17]. - **Future Outlook**: The overall sentiment remains optimistic for the coffee industry, with expectations of continued growth and adaptation to market changes [10][19][25]. This summary encapsulates the key discussions and insights from the conference call, highlighting the current state and future outlook of the coffee and tea beverage industries.

Core Viewpoint - The ceiling for coffee consumption in China is far from being reached, with current annual consumption at only 20 cups per urban resident compared to over 300 cups in Japan and the US, indicating significant growth potential in the market [1][4]. Company Strategy - Luckin Coffee has launched the "Coffee+" strategy, with a focus on "Coffee + Hainan" to expand investments in Hainan, leveraging the advantages of the Hainan Free Trade Port to establish it as a key international hub [1][2]. - The company plans to increase its store presence and investment in the supply chain in Hainan, which is seen as a strategic point for international expansion [2]. - Luckin Coffee has already opened stores in Malaysia and Singapore, with over 50 locations in Singapore, and aims to enhance its operations in Hainan post the Free Trade Port's closure [2]. Market Trends - The coffee industry is experiencing a trend of "Coffee+" innovations, integrating coffee with various elements such as flowers, health, and local specialties, reflecting a broader industry development trend [3]. - The Chinese coffee market has seen a 167% increase in consumption over the past decade, reaching 350,000 tons, with expectations for the fresh coffee market to exceed 220 billion yuan by 2025 [4]. Competitive Landscape - The coffee market is facing intense competition, particularly from the ongoing "9.9 yuan price war," which has pressured Luckin Coffee's performance, although the company is gradually reducing its discounted offerings [4]. - The rise of new tea beverage companies, which share a similar consumer base with coffee, adds to the competitive pressure in the beverage market [4]. Procurement Strategy - Luckin Coffee has signed a five-year agreement to purchase 240,000 tons of Brazilian coffee beans, marking the largest coffee bean procurement plan between Brazil and a Chinese company [5].

Core Insights - Luckin Coffee has officially announced the discontinuation of its seasonal hit "Apple C Americano," which has sparked widespread consumer lament on social media [1][2][6] - Competitor KFC's coffee brand, K Coffee, has quickly capitalized on this opportunity with aggressive marketing campaigns [1][6] Company Actions - Luckin Coffee confirmed the removal of "Apple C Americano" from its menu, with plans to reintroduce "Sakura Latte" [2] - The drink was part of the "Fruit Coffee C Series" and had gained significant popularity since its launch in late October last year [6] - The discontinuation is attributed to the seasonal nature of the product and a shortage of the required apple concentrate [6] Market Response - Consumers expressed their disappointment on social media, with comments reflecting a strong attachment to the product [6] - K Coffee's marketing strategy includes slogans like "Good apples never say goodbye" to attract former Luckin customers [1][6] Industry Trends - The coffee industry in China is characterized by seasonal product offerings, with brands adjusting their SKUs based on fruit availability [12] - The supply chain for coffee includes both bulk commodities and agile components to support rapid product development [12] Competitive Landscape - K Coffee benefits from a strong supply chain and shared resources with its parent brand KFC, allowing it to maintain healthy profit margins despite competitive pricing [13] - As of the end of 2024, K Coffee plans to expand its store count to approximately 700 locations across 30 provinces in China, with further growth expected to reach 1,300 stores by 2025 [13]

2 0 2 5年春节作为中国首个"非遗年"，八天的黄金假期叠加消费券政策，带动了消费者乐享 假日的情绪。凯度消费者指数家外消费样组的最新研究显示， 2 0 2 5年春节期间（截至到 2 0 2 5年2月17日的过去8周）中国现制饮品市场持稳步增长，消费者触及数（CRP）对比 去年同期增长5%。 从饮用场景看， 店内堂食 依然是春节期间最主流的场景。对比非春节期间*，消费者偏好 在购物时喝现制饮品。同时，研究发现消费者在春节期间对现制茶饮的需求较平日也有明 显提升，展现出节日消费的独特属性。 消费者在场景和饮用需求上的多元化特征，为现制 饮品提供了新的产品与场景机会。 为赋能品牌更好地掌握现制饮品市场的消费者需求动态 ，凯度消费者指数首次发布现制饮 品市场品牌足迹榜单。 通过持续追踪消费者的现制饮品购买行为，以独家监测指标——消 费者触及数（CRP）来评估品牌表现。 前十榜单中，茶饮品牌占据大半席位，可见茶饮市场在春节期间的主导地位显著。其中， 蜜雪冰城、霸王茶姬 和 瑞幸咖啡 分列前三。 我们发现，进入榜单的品牌，无论茶饮品牌还是咖啡品牌，都有一个共性——即 主要通过 渗透率的提升拉动增长 。其中，霸王茶姬、 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of March 2025 Form 20-F x Form 40-F ¨ Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨ Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨ SIGNATURES Commiss ...

Table of Contents | UNITED STATES | | --- | | SECURITIES AND EXCHANGE COMMISSION | | WASHINGTON, D.C. 20549 | | FORM 20-F | | (Mark One) | | ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 | | OR | | ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | | For the fiscal year ended December 31, 2024 | | OR | | ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | | OR | | ☐ SHELL COMPANY ...

Core Viewpoint - Luckin Coffee Inc. has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the U.S. SEC, which includes audited consolidated financial statements prepared under U.S. GAAP [1][2]. Company Overview - Luckin Coffee is a technology-driven retail network that aims to provide high-quality, convenient, and affordable coffee and other products to customers [4]. - Founded in 2017 and based in China, the company aspires to build a world-class coffee brand and integrate itself into daily life [4]. Financial Reporting - The 2024 Annual Report is accessible on the SEC's website and the company's investor relations website [2].