Core Insights - Luckin Coffee has rapidly expanded its presence in Beijing, reaching 70 stores, with a near doubling of store count in July compared to the previous month [1] - The company has adjusted its store expansion strategy, focusing on first- and second-tier cities, particularly in economically developed regions such as the Pearl River Delta and Yangtze River Delta [1] - In July, Luckin Coffee signed over 1,200 new stores nationwide, setting a record for monthly new store signings, with August also exceeding 1,000 new stores [1] - As of the end of August, Luckin Coffee has over 8,200 stores across the country, reflecting a significant growth trajectory [1] - The company has accelerated its product innovation, launching 32 new products in the first half of the year [1] - Luckin Coffee's store efficiency remains strong, with an average daily revenue of 6,528 yuan per store on the day of the autumn equinox [1] - Specific stores in Beijing have shown impressive sales, with the Badaling Great Wall store averaging over 1,000 cups sold daily during the May Day holiday, peaking at over 1,600 cups in a single day [1] - On the same day, the Dongshazhuang store sold nearly 1,800 cups, while the Beijing Institute of Technology store has maintained an average daily revenue exceeding 6,000 yuan since its opening [1]