YUMC

Yum China Certified Top Employer China for Sixth Consecutive Year

Retrieved on: 
Friday, January 19, 2024

SHANGHAI, Jan. 19, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) has been named by the Top Employers Institute as a Top Employer China for the sixth consecutive year.

Key Points: 
  • SHANGHAI, Jan. 19, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) has been named by the Top Employers Institute as a Top Employer China for the sixth consecutive year.
  • Ranked fourth overall among more than 150 companies included in the list, Yum China again placed first in the restaurant industry.
  • "To be named a Top Employer China for six consecutive years is a testament to our unwavering commitment to our people," said Joey Wat, CEO of Yum China.
  • Embracing new technologies remains a key factor underpinning Yum China's recognition as a Top Employer China.

Yum China Leads the Restaurant & Leisure Industry for the Fourth Consecutive Year on the Dow Jones Sustainability Index

Retrieved on: 
Thursday, December 21, 2023

For the fourth consecutive year, Yum China has been selected as a member of both the Dow Jones Sustainability Indices (DJSI): World Index (DJSI World) and Emerging Market Index (DJSI Emerging Markets).

Key Points: 
  • For the fourth consecutive year, Yum China has been selected as a member of both the Dow Jones Sustainability Indices (DJSI): World Index (DJSI World) and Emerging Market Index (DJSI Emerging Markets).
  • Yum China achieved the highest score among industry peers in the S&P Global CSA based on three dimensions: governance & economic, environmental, and social.
  • It is a testament to our dedication to integrating sustainable practices across our operations," said Joey Wat, CEO of Yum China.
  • In June 2023, Yum China became the only restaurant company worldwide to hold the 'AA' MSCI ESG rating for two consecutive years.

KFC China Celebrates the Opening of its 10,000th Store

Retrieved on: 
Friday, December 15, 2023

SHANGHAI, Dec. 15, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today celebrated the opening of KFC China's 10,000th store, marking a significant milestone in KFC China's 36-year growth journey in the country.

Key Points: 
  • Since opening its first store in Beijing in 1987, KFC has grown into the country's largest QSR brand in terms of system sales.
  • Strategically positioned for sustained growth, KFC China stands to benefit from its large and rapidly expanding store network, substantial economies of scale and access to an even broader customer base," said Joey Wat, CEO of Yum China.
  • "In pursuit of our ambitious growth targets, we are committed to establishing KFC China as the preferred daily choice for an increasingly diverse customer base," said Warton Wang, General Manager of KFC China.
  • At the same time, KFC China has been accelerating store openings in lower-tier cities while increasing store density in higher-tier cities.

Yum China to Report Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Tuesday, December 12, 2023

SHANGHAI, Dec. 12, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ending December 31, 2023 at 4:30 p.m. U.S. Eastern Time on Tuesday, February 6, 2024 (5:30 a.m. Beijing/Hong Kong Time on Wednesday, February 7, 2024).

Key Points: 
  • SHANGHAI, Dec. 12, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ending December 31, 2023 at 4:30 p.m. U.S. Eastern Time on Tuesday, February 6, 2024 (5:30 a.m. Beijing/Hong Kong Time on Wednesday, February 7, 2024).
  • Yum China's management will hold an earnings conference call at 7:00 p.m. U.S. Eastern Time on Tuesday, February 6, 2024 (8:00 a.m. Beijing/Hong Kong Time on Wednesday, February 7, 2024).
  • To join by phone, please register in advance of the conference through the link provided below.
  • Upon registering, you will be provided with participant dial-in numbers, a passcode and a unique access PIN.

Yum China to Report Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, September 21, 2023

SHANGHAI, Sept. 21, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced that it will report its unaudited financial results for the third quarter ending September 30, 2023 at 4:30 p.m. U.S. Eastern Time on Tuesday, October 31, 2023 (4:30 a.m. Beijing/Hong Kong Time on Wednesday, November 1, 2023).

Key Points: 
  • SHANGHAI, Sept. 21, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced that it will report its unaudited financial results for the third quarter ending September 30, 2023 at 4:30 p.m. U.S. Eastern Time on Tuesday, October 31, 2023 (4:30 a.m. Beijing/Hong Kong Time on Wednesday, November 1, 2023).
  • Yum China's management will hold an earnings conference call at 8:00 p.m. U.S. Eastern Time on Tuesday, October 31, 2023 (8:00 a.m. Beijing/Hong Kong Time on Wednesday, November 1, 2023).
  • To join by phone, please register in advance of the conference through the link provided below.
  • A replay of the conference call will be available one hour after the call ends until Wednesday, November 8, 2023 and may be accessed by phone at the following numbers:

Yum China Inaugurates China's First 100% Renewable Energy Cold Chain Logistics Center

Retrieved on: 
Friday, September 1, 2023

As of July 2023, its company-owned logistics center in Nanning, Guangxi province is completely powered by renewable energy.

Key Points: 
  • As of July 2023, its company-owned logistics center in Nanning, Guangxi province is completely powered by renewable energy.
  • Based on the Company's market assessment, Yum China's Nanning logistics center stands out as the first cold chain logistics center in China to fully operate on carbon-neutral power.
  • "The inauguration of our fully green-powered logistics center in Nanning marks a significant milestone in Yum China's sustainability journey," said Joey Wat, CEO of Yum China.
  • Utilizing a diverse range of green power trading models, Yum China is accelerating renewable energy adoption across its restaurants nationwide.

Yum China to Host Investor Day on September 14-15, 2023

Retrieved on: 
Wednesday, August 30, 2023

SHANGHAI, Aug. 30, 2023 /PRNewswire/ -- Yum China Holdings, Inc. ("Yum China" or the "Company") (NYSE: YUMC and HKEX: 9987) today announced that it will host an Investor Day on September 14-15, 2023 in Xi'an, China.

Key Points: 
  • SHANGHAI, Aug. 30, 2023 /PRNewswire/ -- Yum China Holdings, Inc. ("Yum China" or the "Company") (NYSE: YUMC and HKEX: 9987) today announced that it will host an Investor Day on September 14-15, 2023 in Xi'an, China.
  • The two-day event will feature presentations from the Company's management and question and answer sessions as well as visits to its restaurants, logistics center and digital center.
  • Presentations will begin at 8:30 a.m. Beijing/Hong Kong time on Thursday, September 14, 2023 (8:30 p.m.
  • A live webcast of the presentations will be available on the day of the event.

Yum China Board Appoints David Hoffmann to the Board of Directors

Retrieved on: 
Monday, July 17, 2023

SHANGHAI, July 17, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987) today announced the appointment of Mr. David Hoffmann to the Board of Directors, effective immediately.

Key Points: 
  • SHANGHAI, July 17, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987) today announced the appointment of Mr. David Hoffmann to the Board of Directors, effective immediately.
  • Mr. Hoffmann will serve as a member of the Audit Committee of the Board.
  • Following the appointment, the Board is comprised of 10 directors, nine of whom are independent.
  • "We are honored to have Dave join our Board of Directors," said Yum China's Independent Chairman Dr. Fred Hu.

KFC China Expands CSR Initiatives to Support Underprivileged Children, Promote Social Inclusion, and Reduce Environmental Impacts and Food Waste

Retrieved on: 
Friday, June 30, 2023

At the event, KFC China announced the expansion of several corporate social responsibility (CSR) initiatives that cover a wide range of areas, including supporting the disadvantaged, preserving the environment and reducing food waste.

Key Points: 
  • At the event, KFC China announced the expansion of several corporate social responsibility (CSR) initiatives that cover a wide range of areas, including supporting the disadvantaged, preserving the environment and reducing food waste.
  • We actively support causes that can have positive impact on the communities we serve," said Joey Wat, CEO of Yum China.
  • KFC China will expand its Food Bank Program, which distributes free surplus food from its stores.
  • Since entering mainland China 36 years ago, KFC China has remained steadfast in its commitment to social responsibility.

Pizza Hut Celebrates the Opening of its 3,000th Store in China

Retrieved on: 
Friday, June 16, 2023

"The opening of Pizza Hut 3,000th store is more than a landmark moment for store expansion.

Key Points: 
  • "The opening of Pizza Hut 3,000th store is more than a landmark moment for store expansion.
  • It demonstrates Pizza Hut's strength as a "pizza expert" and reaffirms our commitment to growing the brand in China.
  • "Pizza Hut is extremely proud of its heritage as the first restaurant chain to introduce pizza and Western-style casual dining to China," said Jeff Kuai, General Manager of Pizza Hut China.
  • Pizza Hut rolled out i-Kitchen, the Back of House operation management system, at all Pizza Hut stores across China.