About YUM CHINA Company

Yum China Holdings Co., Ltd. is a leading catering company in China and is committed to becoming the most innovative restaurant pioneer in the world. Since the first restaurant opened in 1987, as of the end of June 2020, Yum China's footprint in China has spread across all provinces, cities, and autonomous regions (excluding Hong Kong, Macao and Taiwan), operating 9954 restaurants in more than 1,400 towns. In 2020, Yum China ranked 361st in the Fortune 500 ranking. Yum China was selected for the Bloomberg Gender Equality Index for two consecutive years in 2019 and 2020, and was certified as China's Outstanding Employer. Yum wins China from Yum! After the spin-off, Brands (NYSE: YUM) was independently listed on the New York Stock Exchange on 2016/11/1 under the stock code YUMC. Yum China has exclusive operation and licensing rights for the three brands KFC, Pizza Hut, and Taco Bell in the Chinese market, and fully owns Dongfang White, Little Fat Sheep, Huang Jihuang, and CoffI&JOY chain restaurant brands. After more than 30 years of development, we have become a leading Chinese catering company not only in terms of number of stores, but also in terms of brand awareness, social and digital media marketing and communication, national supply chain management, product quality, and innovation. Yum China's more than 400,000 employees are the backbone of our development. At the same time, Yum's experienced management team and dedicated front-line partners are also continuing to lead the development of a dynamic, open, and joyful corporate culture. Based on products such as KFC's original fried chicken, which is popular around the world, we are also continuously developing products that match local tastes, thereby building strong customer loyalty. Each of our brands has its own exclusive products, many of which are local innovations in China. At the same time, we have also developed many unique products and flavoring products to provide consumers with delicious, convenient and high-quality food. Through years of development and accumulation in China, we have deep consumer knowledge and loyalty, and products from various brands have also been successfully integrated into pop culture and consumers' daily lives. We will meet the changing needs of consumers by innovating products, enhancing dining experiences, enhancing mobile connectivity, and continuing to create value. Yum China is full of confidence in its future long-term development.