Luckin Coffee (LKNCY) has released an update.
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Luckin Coffee Inc. has announced a reshuffle in its Board of Directors, with the reappointment of most members and the departure of Yang Cha, who opted not to seek reappointment for personal reasons but will remain as an external strategic advisor. The company’s leadership expressed gratitude for Cha’s contributions and looks forward to his continued guidance. With these changes, Luckin Coffee maintains a nine-member board, including a range of committees led by various directors.
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