Ruixing Coffee's Guo Jianyi: Currently there is no plan to raise prices for products, and we will maintain a healthy and reasonable profit level.

Luckin Coffee announces its financial report for the first quarter of 2025. The report shows that the total net income in the first quarter of 2025 was 8.865 billion yuan, an increase of 41.2% year-on-year. During the performance question and answer session, Luckin Coffee's co-founder and CEO Guo Jin spoke about future product pricing strategies, stating that the Chinese coffee market is still in a relatively early stage of rapid development, with scale growth and market share still being the company's most important strategic focus. In terms of products, there are currently no plans to raise prices, and the company will continue to maintain a competitive pricing strategy to consolidate and expand Luckin's market share.