Yum! Restaurants

Yum! Restaurants (Chengdu) Co., Ltd. is committed to becoming the world's most innovative restaurant pioneer. Since the opening of the first restaurant in 1987, as of the end of 2018, Yum China has expanded its footprint across all provinces, municipalities, and autonomous regions in mainland China, operating over 8,400 restaurants in more than 1,200 cities. After being spun 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. Yum China holds the exclusive operation and licensing rights for the KFC, Pizza Hut, and Taco Bell brands in the Chinese market, and fully owns the East Dawning, Little Sheep, and COFFii & JOY restaurant chains. After thirty years of development, we have become a leading restaurant company not only in terms of store count, but also in brand awareness, social and digital media marketing and communications, national supply chain management, product quality, and innovation. Yum China's over 450,000 employees are the pillar of our development. Meanwhile, our experienced management team and dedicated frontline partners, cultivated at Yum, continue to lead a vibrant corporate culture that embraces opportunities and joy. Based on products ranging from the world-famous KFC Original Recipe fried chicken, we continuously develop products tailored 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 deep consumer knowledge and loyalty, and our brands' products have successfully integrated into pop culture and consumers' daily lives. We will meet the ever-changing needs of consumers by innovating products, enhancing the dining experience, strengthening mobile connectivity, and continuously creating value. Yum China is confident in its long-term future development.