Luckin Coffee's registered capital has been reduced to 1.225 billion US dollars. According to Tianyancha, recently, Luckin Coffee (China) Co., Ltd. underwent a business change, reducing its registered capital from 1.625 billion US dollars to 1.225 billion US dollars. The company was founded in March 2018, and its legal representative is Guo Jinyi. Its business scope includes catering services, food sales, and online sales of publications. Ruixing Coffee (Hong Kong) Co., Ltd. is wholly-owned.