Luckin Coffee Celebrates 100 Stores in Singapore - A Milestone in Building a World-Class Coffee Brand
SINGAPORE, September 28, 2026 — Luckin Coffee Inc. (“Luckin Coffee”, “Luckin” or the “Company”) (OTC: LKNCY) today announced the opening of its 100th store in Singapore. After launching its international operations in Singapore in 2023, Luckin Coffee has grown into the second-largest coffee chain by store count locally, with over 1.9 million cumulative transacting customers in the local market, establishing Singapore as a key benchmark for its global expansion. Representatives from the Chinese Embassy in Singapore, Singapore Economic Development Board (EDB), the Brazilian Trade and Investment Promotion Agency (ApexBrasil), Temasek, CapitaLand and the Institute of Mental Health (IMH) joined Luckin Coffee's executive team at the opening ceremony of the 100th store. Singapore boasts one of the world's most dynamic coffee landscapes — where deep-rooted daily habits meet a rich, diverse coffee culture. Its highly inclusive and pro-innovation business environment makes it a key hub connecting Asia to global markets. “In 2023, it became our very first home outside China, guided by our vision to build a world-class coffee brand, woven into everyone’s daily life,” said Mr. David Li, Chairman and CEO of Centurium Capital and Chairman of Luckin Coffee. “Three years on, that bold step has paid off. Today, Luckin...
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Mubadala Announces Significant Minority Investment in Luckin Coffee
Mubadala to invest alongside Centurium Capital, reflecting its long-term confidence in China’s consumer sector. (ABU DHABI / BEIJING – 10 September 2026) — Mubadala Investment Company ("Mubadala"), an Abu Dhabi-based global investor, today announced that it has agreed to make a significant minority investment in Luckin Coffee Inc. (OTC: LKNCY) ("Luckin Coffee" or the "Company"), alongside Centurium Capital ("Centurium"), the Company’s controlling shareholder. The aggregate transaction value is approximately US$1 billion. The investment comes as China’s coffee market continues to expand, with more consumers choosing freshly brewed coffee and existing coffee drinkers consuming it more frequently. “We continue to see compelling long-term opportunities in China’s consumer sector,” said Mohamed Albadr, Head of Asia, Private Equity at Mubadala. “Luckin Coffee has built a differentiated, technology-enabled business with data embedded across customer engagement, product development and store operations. This combination of scale, digital capabilities and rapid product innovation has enabled the Company to respond to evolving consumer preferences efficiently and at pace. Building on our longstanding partnership with Centurium, we look forward to working alongside Luckin Coffee’s management team to support the Company’s next phase of growth in China and internationally.” “We are pleased to welcome Mubadala as an investor in...
202609-10 -
Luckin Coffee's Smart Roasting Center Commences Operation
Qingdao, China, April 22 – Leading retail coffee chain Luckin Coffee (“Luckin” or “the Company”, OTC: LKNCY) today announced the commencement of operation at its advanced smart roasting center in Qingdao, Shandong Province, China. With a total investment of approximately RMB 3 billion and an annual roasting capacity of over 55,000 tons, equipped with the world’s largest single coffee roaster. The facility marks another step forward in Luckin’s global supply chain with improved capacity and efficiency, driving progress in the intelligent and green transformation of China’s coffee industry. The commissioning of the Qingdao smart roasting center empowers Luckin to establish a synergized roasting network spanning four key locations — Qingdao, Pingnan, Kunshan and Xiamen (under construction) — with a combined roasting capacity expected to exceed 155,000 tons, setting a new industry record for coffee roasting capacity in China. Leveraging the robust import strength of Qingdao Port, one of China’s key foreign trade hubs, Luckin enables direct end-to-end shipment of green coffee beans from major global origins including Brazil, Colombia and Ethiopia to its local production facilities. Supported by Qingdao’s integrated sea, land, air and rail logistics network, Luckin achieves efficient end-to-end coverage spanning raw bean procurement to end consumption. Dr. Jinyi...
202604-23 -
Centurium Capital Acquires Leading Smart Manufacturing Player Ruhlamat
April 1, 2025 – Centurium Capital announced today the successful completion of its acquisition of Ruhlamat Automation Technology (Suzhou) Co., Ltd. and its global subsidiaries and affiliates (collectively referred to as the “Ruhlamat Group” or “Ruhlamat”). This strategic acquisition positions Ruhlamat Group for accelerated global expansion and marks the beginning of its next phase of growth. Ruhlamat was founded in Germany and established its China headquarters in Suzhou in 1998. Over the past two decades since its inception, Ruhlamat Group has developed a global presence with operations spanning over 20 countries across Europe, the Americas, and Asia-Pacific. Through its network of subsidiaries and technical service centers in India, Mexico, and the Czech Republic, the company has successfully delivered more than 2,500 automated production lines to leading manufacturers in automotive components, new energy vehicles, medical devices, consumer electronics, home appliances, semiconductors, and industrial equipment sectors. Centurium Capital made the equity acquisition of the Group through Ruhlamat (Singapore), a holding entity. As the Group’s new holding headquarters, Ruhlamat (Singapore) will own the rights to the “ruhlamat” and its Chinese name “儒拉玛特” brands and trademarks. Charles Lin, Managing Director of Centurium Capital, commented: “We are very impressed by Ruhlamat’s leadership and unique positioning in...
202504-01 -
Luckin Coffee Launches New Roasting Plant in Kunshan, Jiangsu
Kunshan, Jiangsu, April 24, 2024 -- Luckin Coffee announced the official commencement of operation of the new roasting plant in Kunshan, Suzhou City of Jiangsu Province. With a total planned investment of $120 million and an annual roasting capacity of 30,000 tons, Luckin Coffee (Jiangsu) Roasting Plant is the largest coffee roasting plant in China to date. Leveraging advantages in intelligent manufacturing and automation, this new Luckin plant deepens its vertical integration of the coffee supply chain, thereby empowering Chinese coffee industry upgrades with new technology-driven productivity and leading a new trend of high-quality sustainable development. Mr. David Li, Chairman and CEO of Centurium Capital, and Dr. Jinyi Guo, Chairman and CEO of Luckin Coffee, along with local government officials and its key business partners, attended the opening ceremony. Luckin Coffee (Jiangsu) Roasting Plant is located within the Kunshan Comprehensive Free Trade Zone. Throughout the production process, it utilizes cutting-edge intelligent equipment from around the world, achieving highly efficient automation in the entire process from green bean processing, coffee bean roasting, packaging, to warehouse logistics. The plant is equipped with the first constant temperature and humidity coffee green bean warehouse in China. Meanwhile, the plant applies energy-saving and carbon-reducing technologies...
202404-25 -
Centurium Capital Releases 2023 ESG Report for the Third Consecutive Year
Centurium Capital (“Centurium”) released its 2023 Environmental, Social, and Governance (ESG) Report today, underscoring the firm’s continuous commitment to ESG disclosure. Since Centurium adopted its full ESG Policy in 2020, ESG has become an integral part of Centurium’s investment process, daily operations and development strategy. The 2023 ESG Report provides a comprehensive overview of Centurium’s established ESG framework, as well as analyses of ESG best practices at its portfolio companies. Through presenting key ESG-related data from 2023 and portfolio case studies, the report showcases the ESG journey of Centurium in the past year. David Li, Chairman and CEO of Centurium Capital, pointed out in the report that ESG is the cornerstone to build a long-lasting firm and brand. In today’s challenging environment, Centurium’s unwavering dedication to its ESG strategy remains even more crucial to drive its investments and portfolio companies to create value for employees, investors and broader society. Centurium became a signatory to the PRI in January 2022. Integrating globally-recognized ESG principles and regulatory requirements, Centurium’s ESG Committee guides and oversees the execution of ESG-related initiatives. ESG-related risks are included in pre-investment screening and due diligence processes, and the ESG findings form the foundation of the post-investment ESG management...
202404-09


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