Core Insights - Luckin Coffee reported strong performance in Q2 2025, with total net revenue reaching 12.359 billion RMB, a year-on-year increase of 47.1% [1] - The company's GAAP operating profit grew by 61.8% year-on-year to 1.7 billion RMB, with an operating profit margin of 13.8% [1] - The number of new stores opened in Q2 was 2,109, bringing the total number of stores globally to 26,206 [1] Financial Performance - Total net revenue for Q2 2025 was 12.359 billion RMB, reflecting a 47.1% year-on-year growth [1] - GAAP operating profit reached 1.7 billion RMB, up 61.8% year-on-year, with an operating profit margin of 13.8% [1] - The GMV for the quarter was 14.179 billion RMB [1] Store Operations - Self-operated store revenue was 9.136 billion RMB, a 45.6% increase year-on-year, with same-store sales growth of 13.4% [1] - Operating profit from self-operated stores was 1.922 billion RMB, up 42.3% year-on-year [1] - Revenue from franchise stores increased by 55.0% to 2.867 billion RMB [1] Market Expansion - The company opened 2,109 new stores in Q2, with 2,085 of those in China, bringing the total number of stores in China to 26,117 [1] - The total number of international stores reached 89, with 63 in Singapore, 2 in the USA, and 24 franchise stores in Malaysia [1] Customer Growth - The average monthly transacting customer count grew by 31.6% year-on-year to 91.7 million, setting a new historical high [2] - Cumulative transaction customer count surpassed 380 million by the end of Q2 [2] Supply Chain Development - The fourth roasting factory, Luckin Coffee (Xiamen) Innovation Industrial Park, began construction in June, expected to increase annual coffee roasting capacity to 155,000 tons [2] ESG Initiatives - The company received LEED v4 ID+C Platinum certification for its flagship store in Beijing and LEED BD+C Platinum certification for its roasting base in Jiangsu [2] - The Yunnan Baoshan fresh fruit processing plant was certified as an "eco-friendly factory (demonstration)" by the World Wildlife Fund [2] Strategic Focus - The company aims to continue focusing on market share growth, leveraging scale advantages, product innovation, and user insights to adapt to changing market conditions [2]