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After Surviving Ouster Attempt, Chairman of Luckin Looks to Cleanse Board

developments centered on Lu Zhengyao are the result of a power struggle within the embattled company
Luckin Coffee Probe Confirms Scope of Financial Reporting Fraud

, the company said Wednesday. But it provided no conclusion on whether co-founder and Chairman Lu
China Business Digest: Luckin Confirms $300 Million Sales Reporting Fraud, Pinduoduo Names New Chief as Founder Steps Down

. Meantime, the U.S. formally labels Huawei and ZTE as national security threats. —By Timmy Shen
Update: Luckin Coffee Accedes to Delisting From Nasdaq

when all appeal periods have expired, Luckin said. Luckin's board will also require Chairman Lu
Luckin Stock Plunges After Second Delisting Notice From Nasdaq

goes by Jenny Qian, as well as COO Liu Jian, for their involvement. Luckin Chairman Lu Zhengyao, who
Change Grinds Through Luckin Board, but Is It Real or for Founder’s Benefit?

Lu Zhengyao would also effectively hobble a special board committee that has been internally
Exclusive: Luckin Boss to Face Criminal Charges for Financial Fraud

Lu Zhengyao, chairman of scandal-ridden Luckin Coffee Inc. , is likely to face criminal charges in
Luckin Founder to Cash Out of Rental Car Unit

Lu Zhengyao as his business empire comes under growing financial stress. The Monday announcement
Luckin Explained: How Did Scandal-Plagued Coffee Highflyer Get Into Such Hot Water?

told Caixin that Luckin founder Lu Zhengyao, who also goes by Charles Lu, has denied any knowledge
China Business Digest: Benchmark Lending Rates Remain Unchanged; Virus Shows Signs of Evolving in New Outbreaks

Timmy Shen (hongmingshen@caixin.com) and Han Wei (weihan@caixin.com) ** ON THE CORONAVIRUS New