Luckin Coffee holder plans sale of 2,627,249 ADS

Camel ZQ Limited proposes to sell up to 2,627,249 ADSs for Luckin Coffee through Goldman Sachs, per the Rule 144 notice.

Rhea-AI Filing Summary

Luckin Coffee Inc. (LKNCY) is the issuer for which major shareholder Camel ZQ Limited has filed a notice of proposed sale of restricted or control securities under Rule 144. Camel ZQ Limited indicates an intention to sell up to 2,627,249 American Depositary Shares (ADSs), each ADS representing eight Class A ordinary shares, through broker Goldman Sachs & Co. LLC. The filing also notes that 19,459,459 ADSs were previously distributed in kind on March 2, 2022 by Camel Humps Limited on a cashless basis.

Key Figures

ADSs proposed to be sold: 2,627,249 American Depositary Shares ADS-to-share ratio: 1 ADS represents 8 Class A ordinary shares Aggregate market value of securities: 95,474,228.66 +2 more

5 metrics

ADSs proposed to be sold 2,627,249 American Depositary Shares Proposed sale by Camel ZQ Limited under Rule 144

ADS-to-share ratio 1 ADS represents 8 Class A ordinary shares Structure of Luckin Coffee Inc. American Depositary Shares

Aggregate market value of securities 95,474,228.66 Value associated with the proposed ADS sale under Rule 144

Related disclosed figure 269,267,174 Figure reported alongside the proposed ADS sale data

ADSs previously distributed in kind 19,459,459 American Depositary Shares Distributed in kind on March 2, 2022 by Camel Humps Limited on a cashless basis

Key Terms

Rule 144, American Depositary Shares, distributed in kind, cashless, +1 more

5 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

American Depositary Shares financial

"American Depositary Shares, each representing eight Class A ordinary shares"

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

distributed in kind financial

"American Depositary Shares ... 03/02/2022 | Distributed in kind"

cashless financial

"03/02/2022 | Cashless"

A cashless transaction is any deal settled without exchanging physical money; value is transferred by swapping or adjusting securities, like shares or options, rather than paying cash. For investors this matters because cashless settlements preserve a company’s cash balance but can change share counts or ownership percentages, affecting dilution, earnings per share and the value of holdings—similar to trading goods for goods instead of using cash at checkout.

major shareholder with more than 5% financial

"Major shareholder with more than 5%"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing mean for Luckin Coffee Inc. (LKNCY)?

The filing states that Camel ZQ Limited, a major shareholder of Luckin Coffee Inc., has given notice under Rule 144 of an intention to sell up to 2,627,249 ADSs. This concerns shareholder sales and does not describe any securities offering by Luckin Coffee Inc. itself.

How many Luckin Coffee (LKNCY) ADSs are proposed to be sold under this Form 144?

Camel ZQ Limited indicates a proposed sale of up to 2,627,249 American Depositary Shares. Each ADS represents eight Class A ordinary shares of Luckin Coffee Inc.

Who is the selling security holder in this Luckin Coffee (LKNCY) Form 144?

The selling security holder is Camel ZQ Limited, described as a major shareholder with more than 5% ownership. The notice is signed by Jun Liu on behalf of Camel ZQ Limited.

Which broker is handling the proposed sale of Luckin Coffee (LKNCY) ADSs?

The proposed sale of up to 2,627,249 ADSs is listed as being through Goldman Sachs & Co. LLC, located at 200 West Street, New York, NY 10282.

What prior transactions related to Luckin Coffee (LKNCY) shares are disclosed in this Form 144?

The filing notes that on March 2, 2022, 19,459,459 ADSs were distributed in kind by Camel Humps Limited on a cashless basis, relating to the same class of American Depositary Shares.

What is the aggregate market value shown in the Luckin Coffee (LKNCY) Form 144?

The securities information section lists an aggregate market value of 95,474,228.66 for the proposed ADS sales, with a related figure of 269,267,174 also disclosed in the same table.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/02/2026 - 06:21 AM EDT Accepted by SEC EDGAR 09/02/2026 - 06:21 AM EDT 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	0001992544
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 Flr, Building T3, HaixiJingu Plaza 1-3 Taibei Road, Siming District Xiamen, Fujian CHINA 36188
Phone	86-592-338-6666
Name of Person for Whose Account the Securities are To Be Sold	Camel ZQ Limited
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	Major shareholder with more than 5%

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	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	2627249	95474228.66	269267174	09/02/2026	PINK

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	03/02/2022	Distributed in kind	Camel Humps Limited			19459459	03/02/2022	Cashless

* 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

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	09/02/2026
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/ Jun Liu on behalf of Camel ZQ Limited
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)