Lu Zhengyao
Lu Zhengyao (陸正耀) aka Charles Lu (born 1969/1970) is a Chinese businessman and investor. He is the non-executive chairman of Luckin Coffee, a coffee shop chain in China. Lu earned a degree in industrial electric automation from the University of Science and Technology Beijing in 1991, and an EMBA degree from Peking University in 2010.
Lu Zhengyao | |
---|---|
Born | 1969 or 1970 (age 53–54) |
Nationality | Chinese |
Alma mater | Peking University (EMBA) University of Science and Technology Beijing (BSc.) |
Occupation(s) | Businessman, investor |
Title | Chairman of Luckin Coffee |
Lu was an early investor in Luckin Coffee. In mid-April 2020, American investment bank Goldman Sachs announced that it would seize and sell Zhengyao's Luckin stock holdings after he defaulted on a corporate margin loan.
Lu also owns about 33 percent of Car Inc., a Hong Kong-listed car rental company.
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