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    Yongjian Yi

    Research Analyst at Guosen Securities

    Yongjian Yi is an analyst at Guosen Securities, specializing in equity research and covering companies such as Luckin Coffee Inc. Known for his participation in earnings calls and insightful questioning, Yi has demonstrated analytical depth with coverage that emphasizes key performance trends and corporate developments. His career at Guosen Securities includes targeted research engagements in the consumer and technology sectors, and he maintains an up-to-date perspective on the evolving Chinese equity landscape. While information on his professional credentials and previous firms is limited, his active research role highlights his relevance within the investment analyst community.

    Yongjian Yi's questions to Luckin Coffee (LKNCY) leadership

    Yongjian Yi's questions to Luckin Coffee (LKNCY) leadership • Q3 2024

    Question

    Yongjian Yi of Guosen Securities asked about the significant fluctuations in Luckin Coffee's same-store sales growth (SSSG), the recent trends, and the company's future outlook for this key performance indicator.

    Answer

    CFO An Jing, after an introduction by Chairman and CEO Dr. Guo Jinyi, explained that the SSSG fluctuations were anticipated and resulted from strategic store network expansion and the "9.9 promotion." Ms. An noted the recent improvement in SSSG to -13.1% reflects a smaller price deviation from the prior year and expects further improvement as expansion stabilizes. She confirmed SSSG remains a critical metric for guiding strategic decisions and ensuring sustainable growth.

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