[Ruixing Coffee Established a New Company in Xizang] On April 16, Ruixing Coffee (Xizang) Co., Ltd. was established, with Chen Tao as its legal representative, a registered capital of 5 million yuan, and its business scope includes catering services, food sales, catering management, advertising, marketing planning, etc. According to shareholder information, the company is wholly owned by Luckin Coffee (China) Co., Ltd.