Luckin Coffee board moves to oust chairman

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Luckin Coffee Inc. (LK) Announces Proposal of Resignation and Removal of the Chairman of the Board

June 26, 2020 4:31 PM EDT

Luckin Coffee Inc. (the Company) (NASDAQ: LK) announced that the Board of Directors of the Company (the Board), resolved to require Mr. Charles Zhengyao Lu to resign as a director and the chairman of the Board, and pursuant to article 101 of the articles of... More