Yum! Restaurants

Yum China Holdings, Inc. is committed to becoming the most innovative restaurant pioneer in the world. Since 1987 to March 31, 2020, Yum China has a footprint across all provinces, municipalities, and autonomous regions in China (excluding Hong Kong, Macau, and Taiwan), operating over 10,000 restaurants in more than 1,400 cities and towns. In 2020, Yum China ranked 361st on the Fortune US list. Yum China was included in the Bloomberg Gender-Equality Index for two consecutive years in 2019 and 2020, and has been certified as a Top Employer in China.

After spinning off from Yum! Brands (NYSE: YUM), Yum China was independently listed on the New York Stock Exchange on November 1, 2016, with the stock code YUMC. In the Chinese market, Yum China operates and licenses the three brands of KFC, Pizza Hut, and Taco Bell, and fully owns the chain restaurant brands of East Dawning, Little Sheep, Huang Ji Huang, and COFFii & JOY.

After more than 30 years of development, we have become a pioneer in the restaurant industry not only in terms of the number of stores, but also in brand awareness, social and digital media marketing and communication, national supply chain management, product quality, and innovation. Over 400,000 employees at Yum China are the pillar of our development. Meanwhile, our experienced management team and dedicated frontline partners, cultivated at Yum, are fostering a vibrant corporate culture that embraces opportunities and joy.

Based on products such as the world-famous KFC Original Recipe fried chicken, we continuously develop products that cater to local tastes, thereby building strong customer loyalty. Each of our brands has its own signature products, many of which are local innovations in China. We have also developed numerous proprietary products and seasonings to provide consumers with delicious, convenient, and high-quality food. Through years of development and accumulation in China, we have gained profound consumer knowledge and loyalty, and our brands' products have successfully integrated into popular culture and consumers' daily lives.

We will meet the ever-changing needs of consumers through innovative products, enhanced dining experiences, enhanced mobile connectivity, and continuous value creation. Yum China is confident in its long-term development in the future.