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Published in TZ Latest News 21 September, 2021 by The TZ Newswire Staff

Luckin Coffee Enters into Binding Term Sheet to Settle U.S. Securities Class Action

BEIJING, Sept. 21, 2021 (GLOBE NEWSWIRE) — Luckin Coffee Inc. (in Provisional Liquidation) (“Luckin Coffee” or the “Company”) (OTC: LKNCY) today announced that it has entered into a binding term sheet (the “Term Sheet”) with the Lead Plaintiffs in the provisionally certified class action In re Luckin Coffee Inc.

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