 BEIJING, Sept. 21, 2021 GLOBE NEWSWIRE -- Luckin Coffee Inc. in Provisional Liquidation Luckin Coffee or the Company OTC: LKNCY today announced that it has entered into a binding term sheet the Term Sheet with the Lead Plaintiffs in the provisionally certified class action In re Luckin Coffee Inc. Securities Litigation, Case No.1:20-cv-01293-JPC-JLC SDNY the Class Action to fully resolve all claims that have been or could be filed on behalf of a class of purchasers of the Companys ADS between May 17, 2019 through July 15, 2020, inclusive, that has been certified for settlement purposes. 