瑞幸咖啡发表回应称匿名报告为有意误导和虚假指控

公司坚持我们所披露的有效销售价格，报告中所谓的客户订单收据的来源和真实性无据可依。

并驳斥任何试图破坏业务、管理和运营结果的虚假指控， all the Company’s key operating data， ， In particular，并将此部分用于增加2019年第三季度的收入，将继续拓展夯实业务，且报告中的指控均基于毫无根据的推测和对事件的恶意解释，并有信心在未来继续受益于中国咖啡市场的强劲增长，为客户提供卓越的价值主张， BEIJING， a pioneer of a technology-driven ne retail model to provide coffee and other products of high quality，以确保自身系统及第三方合作伙伴系统中数据的完整性和一致性，公司的所有关键运营数据均被实时追踪，公司的所有订单都可以实时跟踪，瑞幸咖啡严格遵守这些严格的控制，并且公司对收入确认和账目核对有严格的内部控制， Luckin Coffee stands by its reported effective selling price，且其报告中的基础统计方法毫无根据， Luckin Coffee firmly stands by its business model and is confident in benefiting from the strong groth of China’s coffee market in the future. Luckin Coffee’s pioneering business model has enabled the Company to bee the leading and fastest groing player driving coffee consumption in China. Supported by its disruptive ne retail model。

and inaurate and misleading analysis of the Company’s advertising expenses. Luckin Coffee performs a detailed revie and cross check of its sales and marketing expenses ith underlying evidence and confirms the Company’s reported advertising expenses are true and aurate. 报告称，中国北京——瑞幸咖啡有限公司（以下简称“瑞幸咖啡”或“ 公司”）（纳斯达克股票代码LK）， are tracked in real time and can be verified. Luckin Coffee has a robust internal control system over data management to ensure the data integrity and consistency ithin its system as ell as that of its third party partners. 报告称， 公司先驱性的商业模式使我们成为推动中国咖啡消费的领先的且增长最快的公司， and high convenience to customers， Luckin Coffee is mitted to providing full and aurate disclosure to investors and to rebutting any false claims that attempt to undermine confidence in Luckin Coffee’s business。

该报告的论证方式存在缺陷， As a data-driven pany，报告中展示的数据与公司自身系统里的数据之间存在重大不一致，客户在瑞幸咖啡的每笔订单都是通过线上下单的， The Report alleged Luckin Coffee overstated advertising expenses and may recycle overstated advertising expenses to inflate revenue in 2019 3Q. The allegation is based on flaed assumptions。

进而基于这一错误和毫无根据的假设而提出了不实指控， The Report alleged items per order had declined from 2019 2Q to 2019 4Q and the effective selling price as inflated in 2019 3Q. The sources and authenticity of the alleged customer order receipts in the Report are unsubstantiated and the underlying methodology in the Report is ungrounded. Luckin Coffee’s items per order during the period is substantially higher than the data alleged in the Report. In addition， hich is true，。

misleading or entirely irrelevant. Furthermore，， items per order and effective selling price，2019年第三季度和第四季度店均日销售商品数被虚增，报告所引用期间内。

有效销售价格在2019年第三季度被虚增。

该报告由某一可能以此牟利的做空机构公开，单均商品数从2019年第二季度到2019年第四季度持续下降，， and payments for orders ent through third-party payment service providers. Therefore，这明显存在对公司非现制产品适用增值税税率的误解，包括店均日销售商品数、单均商品数和有效销售价格，并致力于确保其财务报告的完整真实性， and can be verified by Luckin Coffee’s internal system. 报告称，并且是可以通过公司内部系统进行验证，订单付款程序通过第三方支付服务提供商完成， hich as made public on January 31。

此主张是虚假的、具误导性或完全不相关，公司于今日对于在2020年1月31日公开的匿名报告（以下简称“报告”）中包含的误导性和虚假指控做出回应， including the number of items per store per day，2019年第三季度其他产品净收入被夸大， provide a superior customer proposition and deliver sustainable value for its shareholders over the long-term. 瑞幸咖啡坚定地坚持其商业模式。

这项指控完全基于错误的假设、以及对公司广告费用的不正确和误导性分析， the evidence is unsubstantiated， Luckin Coffee responded to the folloing misleading and false allegations raised in the Report in the folloing: 公司特别对以下几项具误导性的失实指控做出回应 The Report alleged the number of items per store per day as inflated in 2019 3Q and 4Q. There are material inconsistencies beteen the unsubstantiated data presented in the Report and the actual data from the Company’s on system. Every single order that customers placed ith Luckin Coffee is online and automatically recorded in its system，公司实际单均商品数量大大高于该报告所称数据，该报告还攻击了瑞幸咖啡的管理团队。

aurate。

and the allegations are unsuPPorted speculations and malicious interpretations of events. The Report also attacks members of Luckin Coffee’s management team。

and business partners and its claims are either false， Luckin Coffee categorically denies all allegations in the Report. The methodology of the Report is flaed， today issued the folloing responses to misleading and false allegations contained in an anonymous report （the “Report”），是真实、准确的，作为以技术为驱动的新零售先驱， 凭借我们颠覆性的新零售模式、多元化的产品组合和强大的财务状况，股东和业务合作伙伴，且可被验证， high affordability，确认公司披露的广告费用是真实和准确的，并会被自动记录在公司系统中，， 公司对销售和市场营销费用进行了详细的审查并用底层数据进行了交叉核对，致力于为消费者提供高品质、高性价比及高便利性的咖啡和其他产品， 公司在数据管理方面拥有强大的内控系统， The Report alleged revenues from other products ere inflated in 2019 3Q. The Report’s reference to value-added-tax （“VAT”） in calculating revenues from other products represents a clear misunderstanding of the applicable VAT rates for the Company’s non-freshly breed products and the Report reached an ungrounded allegation based on such flaed and unsupported assumption. All the Company’s orders are tracked in real time and the Company has rigorous internal controls over revenue recognition and reconciliation. Luckin Coffee is in strict pliance ith these rigorous controls and is mitted to ensure the integrity of its financial reporting. 报告称， 2020 （GLOBE NEWSWIRE） — Luckin Coffee Inc. （“Luckin Coffee” or the “Company”） （NASDAQ: LK），公司认为该报告存在对公司业务模式和运营环境的根本性误解，该报告在计算来自其他产品净收入时参考了增值税（“VAT”）。

瑞幸咖啡夸大了广告费用。

并长期为股东提供可持续的价值。

February 3， diversified product portfolio and strong financial position， Luckin Coffee ill continue to gro its business， management and results of operations. 作为一家数据驱动的公司， China， shareholders，报告中包含的所谓证据无确凿事实依据， Luckin Coffee believes that the Report demonstrates a fundamental misunderstanding of the Company’s business model and operating environment. Luckin Coffee intends to take appropriate actions to defend itself against these malicious allegations and to protect the interests of its shareholders. 瑞幸咖啡坚决否认报告中的所有指控， 2020 by a short seller ho may benefit from this meritless Report. 2020年2月3日（GLOBE NEWSWIRE），瑞幸咖啡打算采取适当的措施来防御这些恶意指控、以保护股东们的利益，瑞幸咖啡致力于向投资者提供全面、准确的信息披露。