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Will Ruixing deduct money after receiving the membership for free?

No, according to official website of Luckin Coffee, the membership system of Luckin Coffee is free, that is, there is no extra charge for registering as a member and using membership privileges. The current chairman and CEO of Ruixing is Guo Jinyi. In 20 18, the number of Luckin Coffee stores reached 2000, and the headquarters was established in Xiamen in the same year. In 20 19, Luckin Coffee was listed on Nasdaq, and its sub-brand Lu Xiaocha was launched in the same year.