Lucky has no money to burn? The guarantee of the mortgage coffee machine involves guaranteeing the creditor's rights of 45 million yuan.

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Luckin Coffee (China) Co., Ltd. added a piece of chattel mortgage information on April 1, according to Tianyanchang data. The mortgagee is Zhongguancun Science and Technology Leasing Co., Ltd., and the amount of secured creditor's rights is 45 million yuan.

It is understood that the scope of the mortgage includes, but is not limited to, rent and overdue interest under the KJZLA2019-089 financial lease contract, repurchase of lease items, liquidated damages, compensation, other payables, as well as litigation fees, legal fees and other fees paid by the lessor to realize the creditor's rights.

Luckily, the chattel collateral this time are coffee machines, milk boxes and powder warehouses, and the goods belong to stores in Beijing, Shenzhen, Shanghai, Guangzhou and other places, which also stipulates that the time limit for the debtor to perform the debt is from March 27, 2019 to March 31, 2020.

Luckin Coffee (Luckin Coffee), a new domestic coffee brand founded by COO Qian Zhiya, former Shenzhou excellent car Group. On December 12, 2018, Luckin Coffee announced the completion of round B financing of US $200m, with a post-investment valuation of US $2.2 billion.

In the past year, Luckin Coffee is probably the most important topic in the rapid growth of Internet entrepreneurship in China. Within one year of its establishment, Ruixing has rapidly expanded 2000 stores after two rounds of huge financing against the trend, sweeping China's major first-and second-tier cities and becoming the world's fastest "unicorn" company to jump by a billion US dollars.

Luckin Coffee, founded on October 31, 2017, began the road of crazy expansion with the help of capital. as of December 2018, the number of Lucky offline stores exceeded 2000. According to Luckin Coffee, the total number of stores is expected to exceed 4500 in 2019.

Luckin Coffee can not expand without the help of capital. On June 12, 2018, Lucky received US $200 million in round A financing and another US $200 million in round B financing on December 12, with investors such as GIC (GIC), Junlian Capital, China International Capital Corporation and so on.

In the process of Luckin Coffee's rapid expansion, the industry also questioned its model of spending subsidies and crazy expansion, questioned whether Luckin Coffee's model could be sustainable, and some even compared it to the next ofo. Luckin Coffee set his sights on the traditional coffee giant Starbucks at the beginning of its launch, and plans to overtake Starbucks in the number of stores in 2019, a road that Starbucks has taken only 20 years since it entered China.

Internet analysts believe that although the chattel mortgage information exposed by Luckin Coffee this time involves only 45 million yuan, it can also explain Luckin Coffee's current financial situation from the side, and 2019 is also a key year in the process of Luckin Coffee's development. Money is indeed a key factor in whether rising can become a strong player in this field.

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