瑞幸咖啡：2025年净增门店8708家 门店总数达31048家

Core Viewpoint - Luckin Coffee reported significant growth in both revenue and store expansion for Q4 2025 and the entire year, indicating a strong market position and operational capabilities in the Chinese coffee market [1] Financial Performance - In Q4 2025, Luckin Coffee achieved total net revenue of 12.777 billion yuan, representing a year-on-year increase of 32.9% [1] - For the entire year of 2025, total net revenue reached 49.288 billion yuan, reflecting a year-on-year growth of 43% [1] Store Operations - In Q4 2025, Luckin Coffee added 1,834 new stores, contributing to a total of 8,708 new stores for the year [1] - By the end of 2025, the total number of stores reached 31,048, marking a year-on-year increase of 39% [1] Strategic Focus - The co-founder and CEO of Luckin Coffee emphasized the importance of systematic operational capabilities in enhancing competitive advantages in the current market environment [1] - The company plans to continue focusing on providing high-quality, cost-effective products that resonate emotionally with customers while expanding its business scale to create long-term value for shareholders [1]