The logo of Chinese coffee chain Luckin Coffee is pictured on the window of one of its shop in Beijing. Photo: Simon SongThe logo of Chinese coffee chain Luckin Coffee is pictured on the window of one of its shop in Beijing. Photo: Simon Song
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
Topic |   Accounting and Auditing
The logo of Chinese coffee chain Luckin Coffee is pictured on the window of one of its shop in Beijing. Photo: Simon SongThe logo of Chinese coffee chain Luckin Coffee is pictured on the window of one of its shop in Beijing. Photo: Simon Song
The logo of Chinese coffee chain Luckin Coffee is pictured on the window of one of its shop in Beijing. Photo: Simon Song
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