Insider plans Rule 144 sale of 20,000 ADS on OTC market

Rhea-AI Filing Summary

A shareholder has filed a Rule 144 notice to sell 20,000 American Depositary Shares, each representing eight Class A ordinary shares, through Citigroup Global Markets Inc. The planned sale has an aggregate market value of $735,075.70, with the issuer reporting 266,231,521 shares outstanding and an approximate sale date of 12/08/2025 on the OTC market.

The 20,000 ADS were acquired on 12/31/2019 under a share option plan from the issuer, with cash payment made on 10/18/2022. Over the prior three months, the same seller, Cao Wenbao, sold 100,000 ADS on 11/18/2025 for $4,000,000 in gross proceeds. By signing the notice, the seller represents that they are not aware of any undisclosed material adverse information about the issuer’s operations.

FAQ

What does the Form 144 filing for LKNCY disclose about planned share sales?

The filing discloses a planned sale of 20,000 American Depositary Shares, each representing eight Class A ordinary shares, with an aggregate market value of $735,075.70 and an approximate sale date of 12/08/2025 on the OTC market.

How many LKNCY shares are reported as outstanding in this Form 144?

The notice reports that 266,231,521 shares of the issuer are outstanding at the time referenced in the filing.

How were the 20,000 LKNCY ADS being sold under Rule 144 originally acquired?

The 20,000 ADS were acquired on 12/31/2019 through a share option plan from the issuer, with payment made in cash on 10/18/2022.

What LKNCY sales has the shareholder made in the past three months?

During the past three months, the seller, Cao Wenbao, sold 100,000 American Depositary Shares on 11/18/2025, generating $4,000,000 in gross proceeds.

What representation does the seller make about material information in the LKNCY Form 144?

By signing the notice, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.

Which broker is named for executing the LKNCY Rule 144 sale?

The planned sale of 20,000 ADS is to be executed through Citigroup Global Markets Inc., located at 388 Greenwich Street, New York, NY 10013.

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Accepted by SEC EDGAR 12/09/2025 - 05:44 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001975383
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Luckin Coffee Inc.
SEC File Number	001-38896
Address of Issuer	28TH FLOOR, BUILDING T3 HAIXI JINGU PLAZA 1-3 TAIBEI ROAD XIAMEN, FUJIAN CHINA 361008
Phone	86 592 338 6666
Name of Person for Whose Account the Securities are To Be Sold	Cao Wenbao
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
American Depositary Shares, each representing eight Class A ordinary shares	Citigroup Global Markets Inc 388 Greenwich Street New York NY 10013	20000	735075.70	266231521	12/08/2025	OTC

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
American Depositary Shares, each representing eight Class A ordinary shares	12/31/2019	Shares Option Plan	Issuer			20000	10/18/2022	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Cao Wenbao 28TH FLOOR, BUILDING T3 HAIXI JINGU PLAZA 1-3 TAIBEI ROAD SIMING DISTRICT, XIAMEN FUJIAN F4 361008	American Depositary Shares, each representing eight Class A ordinary shares	11/18/2025	100000	4000000.00

144: Remarks and Signature

Remarks
Date of Notice	12/08/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Cao Wenbao
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)