About YUM CHINA Company

Yum Sheng China Holdings Co., Ltd. is a leading catering company in China and is committed to becoming the world's most innovative catering pioneer. Since the first restaurant opened in 1987, as of the end of June 2020, Yum China's footprint in all provinces, cities, and autonomous regions in China (excluding Hong Kong, Macao and Taiwan) has operated 9,954 restaurants in more than 1,400 towns. In 2020, Yum China ranked 361st in the Fortune 500 list. Yum China was selected for the Bloomberg Gender Equality Index for 2 consecutive years in 2019 and 2020, and was certified as China's Outstanding Employer. Yum China from Yum! After the spin-off, Brands (NYSE: YUM) was independently listed on the New York Stock Exchange on November 1, 2016, under the stock code YUMC. Yum China owns the exclusive operation and authorized operation rights of the three brands KFC, Pizza Hut, and Taco Bell in the Chinese market, and fully owns the Oriental Gibai, Little Sheep, Huang Jihuang, and CoFi&JOY restaurant chains. After more than 30 years of development, we have become a leading catering company in China 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 0.4 million employees are the backbone of our development. At the same time, Yum's experienced management team and dedicated front-line partners continue to lead the development of a dynamic, upfront, and joyful corporate culture. Based on products such as KFC's original fried chicken, which is popular all over the world, we are also continuously developing products that match local tastes, thus establishing 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 seasoning 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 through innovative products, enhancing the dining experience, enhancing mobile connectivity, and continuing to create value. Yum China is full of confidence in its long-term development in the future.