Luckin Coffee Received Notifications from Ms. Jie Yang and Ms. Ying Zeng of their Resignations from the Board, Effective Immediately.
BEIJING, Aug. 03, 2020 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (the “Company”) (OTC:LKNCY) today announced the following:
The Company received a letter of resignation on August 3, 2020 from Ms. Jie Yang and Ms. Ying Zeng, respectively, under which Ms. Yang and Ms. Zeng notified the Company of their resignations from the Board of Directors of the Company, effective immediately.
The Company thanks Ms. Yang and Ms. Zeng for their dedicated service to the Company.
Und Teil 2:
BEIJING, Aug. 03, 2020 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (the “Company”)(OTC:LKNCY) today announced that the Company received a requisition to convene an extraordinary general meeting of the Company (the “Requisition”) from Lucky Cup Holdings Limited and Fortune Cup Holdings Limited (collectively, the “Proposing Shareholders”), two registered members of the Company that collectively hold no less than 10% of the aggregate voting power of the Company’s equity stocks as of July 30, 2020.
The Requisition proposes, among others, to reinstate Mr. Sean Shao as a director of the Board of Directors of Luckin (the “Board”). Mr. Shao is a former director of the Board and the former chairman of the Special Committee established by the Board. Pursuant to the Requisition, the Proposing Shareholders expect the reappointment of Mr. Shao as a director can assist with the full implementation of the remedial measures recommended by the Special Committee of the Board.
The Board had reviewed the Requisition and decided to convene an Extraordinary General Meeting of the Company (the “Proposed EGM”) at 3:00 PM, September 2, 2020, Beijing time. The Board resolved to convene the Proposed EGM to consider and vote on the resolution regarding the appointment of Mr. Sean Shao as a director of the Company. A copy of the notice of the Proposed EGM posted to the Company’s website and a copy of the Requisition is attached as Exhibit 99.2 and Exhibit 99.3, respectively, to the Current Report on Form 6-K furnished by the Company today.