Luckin Coffee has established a new trading company in Xiamen with a registered capital of 10 million yuan.

Tianyancha App shows that recently, Ruixing Commercial Trading Co., Ltd. was established, with Li Rupeng as the legal representative and a registered capital of 10 million. Its business scope includes the sales of food, food internet sales, restaurant management, daily necessities sales, etc. Shareholder information shows that the company is wholly owned by Ruixing Coffee Co., Ltd.