The logo of Chinese coffee chain Luckin Coffee is pictured on the window of one of its shop in Beijing. Photo: Simon Song
Scandal-hit Luckin Coffee’s chairman Charles Lu Zhengyao survives move to oust him
- Proposal to oust chairman fails to get two-thirds voting majority at a board meeting
- Lu exits interests in Hong Kong-listed Car Inc. as state-owned SAIC takes over
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The logo of Chinese coffee chain Luckin Coffee is pictured on the window of one of its shop in Beijing. Photo: Simon Song
