Exclusive | Luckin Coffee Senior Management Changes: Guo Jinli no longer serves as chairman, and Li Hui from Dazheng Capital takes over.

Sina Finance exclusively learned that starting today, Guo Jin Yi, Chairman and CEO of Luckin Coffee will no longer serve as the Chairman of the company, but will continue to serve as the Chief Executive Officer and Director. At the same time, the Board of Directors has approved the appointment of Li Hui to rejoin the board and serve as Chairman. Li Hui currently serves as Chairman and CEO of Joy Capital, Luckin Coffee's largest shareholder.