On April 7, according to Tianyancha's legal litigation information, recently, Lu Zhengyao and Li Huan added a new information on the person subject to execution, with an enforcement target of more than 1.89 billion yuan, and the enforcement court is the Beijing Fourth Intermediate People's Court.
At present, the specific reasons for this enforcement have not been disclosed.
Among them, Lu Zhengyao, as the founder of UCAR and Luckin Coffee (LKNCY.OTC), has been attracting much attention for his business actions.
After leaving Luckin
Lu Zhengyao created Cudi Coffee again
After being "kicked out" by Luckin Coffee for financial fraud, he has not stopped starting a business.
Its earliest entrepreneurial project was a shared space, followed by Fun Noodles and Tongue Heroes, these two projects called "stepping on the tuyere and setting off" did not make a splash, and were exposed to store closures one after another.
Lu Zhengyao founded Cudi Coffee in 2022.
In 2023, Luckin Coffee announced the launch of a store celebration promotion and launched a single coffee product for 9.9 yuan. Looking at Cudi Coffee again, the price has hit 8.8 yuan. In less than a year, Cudi Coffee has become the coffee brand in China with the largest number of stores after Luckin Coffee and Starbucks.
According to previous reports, Cudi's store opening speed will begin to gradually slow down in the second half of 2023. According to Cudi's investment brochure, after the expansion rate of nearly 1,000 new stores from April to June 2023, the number of new stores from July to October was 873, 623, 375, and 306 respectively.
User Comments:
For the founder of Cudi to be enforced,
Netizens said:
I am more concerned about whether I can drink 8.8 yuan coffee in the future
Have you ever drunk Cudi coffee?