Luckin Coffee transformed Lucky Investment? The subsidiary company renamed "Lucky Investment" Coffee Investment

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On the afternoon of July 11th, Tianyan check information showed that the industrial and commercial change took place in Luckin Coffee (Tianjin) Co., Ltd., a subsidiary of Luckin Coffee, and the company's name was changed to "Ruixing Investment (Tianjin) Co., Ltd.".
Its business scope is newly added: (1) to invest in areas where foreign investment is allowed by the state; (2) to provide services to the invested enterprises by the written entrustment of the enterprises they invest in; and (3) to set up scientific research and development centers or departments in China to engage in the research and development of new products and high and new technologies, transfer their research and development achievements, and provide corresponding technical services. (4) to provide consulting services to its investors; (5) to undertake the service outsourcing business of its parent company and related companies.
Luckin Coffee (Tianjin) Co., Ltd. was established on December 07, 2017. its legal representative is Qian Zhiya with a registered capital of US $100m. Luckin Coffee (Tianjin) Co., Ltd. is 100% owned by LuckinCoffee (HongKong) Limited and 100% owned by Ruixing Bakery (Tianjin) Co., Ltd.
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