Photo courtesy of Luckin Coffee

Chinese coffee chain Luckin Coffee said on Wednesday that it has no specific timetable for its return to the main board and will continue to follow the US capital market. 

Luckin Coffee CEO Guo Jinyi said recently at an event in Xiamen, East China's Fujian Province, that the company is actively advancing the process of relisting on the US main board. He noted that once completed, the company's move would become a major event of international significance, according to a video released by the city's federation of industry and commerce recently. Guo did not disclose further details regarding the relisting process in his speech.

In response to inquiry, a company representative told the Global Times on Wednesday that "As previously stated, Luckin Coffee will continue to closely follow the developments in the US capital market, but the company currently has no specific timetable for returning to the main board. Our top priority at this stage remains executing our business strategy and focusing on growth." 

Luckin Coffee was booted from Nasdaq in 2020 due to accounting frauds. The company reached agreements with major debtees to restructure its debt and enhance capital structure in 2021, the Xinhua News Agency reported, citing a report from the 21st Century Business Herald.   

In recent years, the company has shown strong signs of recovery.
 
According to its second-quarter financial report for 2025, Luckin Coffee's total net revenue rose 47.1 percent year-on-year to 12.36 billion yuan ($1.7 billion). Its GAAP operating profit climbed 61.8 percent to 1.7 billion yuan, with an operating margin of 13.8 percent and gross merchandise volume (GMV) reaching 14.18 billion yuan.

In June, Luckin opened two stores in prime locations in Manhattan, New York City, the Xinhua News Agency reported.