Luckin Coffee(US:LKNCY) 2 1 Shi Ji Jing Ji Bao Dao·2025-11-13 08:37Core Viewpoint - Luckin Coffee is actively working towards relisting on the US main board, which is seen as a significant event that could enhance the image of Xiamen's business environment [1][6]. Group 1: Company Efforts and Statements - The CEO of Luckin Coffee, Guo Jinyi, stated that the company is pushing for a return to the US main board under the guidance of the Xiamen municipal government [1]. - However, Luckin Coffee later clarified that there is no confirmed timeline for relisting and that the current focus remains on executing its business strategy and development [2]. Group 2: Historical Context - Luckin Coffee went public on NASDAQ in May 2019 but faced a scandal in early 2020 when Muddy Waters released a report alleging financial fraud, claiming inflated profits and sales figures [2][3]. - The company admitted to financial misconduct in April 2020, leading to its delisting from NASDAQ and transition to the OTC market [3]. Group 3: Current Performance and Future Outlook - Luckin Coffee has shown significant recovery, with Q2 revenue increasing by 47.1% year-on-year to 12.36 billion yuan and net profit rising by 43.6% to 1.25 billion yuan [4]. - The total number of Luckin Coffee stores reached 26,206, and the company is expanding its overseas presence, indicating strong market potential for a relisting [4][5].