Ya Jiang's questions to Luckin Coffee Inc (LKNCY) leadership • Q3 2024
Question
Ya Jiang from Citic Securities inquired about Luckin Coffee's plans for overseas expansion and requested an update on the company's global capital market strategy, particularly concerning a potential U.S. listing.
Answer
Chairman and CEO Dr. Guo Jinyi stated that Luckin's primary focus remains on the domestic Chinese market due to its significant growth potential. He described international expansion as being in an early, exploratory phase, with the Singapore operations providing valuable experience despite initial losses. Regarding capital markets, Dr. Guo confirmed there is no definitive timetable for a U.S. listing, as the company is prioritizing business execution and long-term value creation.