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Yum China Holdings, Inc. (the 'Company' or 'Yum China') (NYSE: YUMC and HKEX: 9987) is China¿s largest restaurant company with a purpose of making every life taste beautiful. From a single restaurant in 1987, the Company now operates over 13,000 restaurants in over 1,800 cities and towns spanning every province and autonomous region across mainland China.Yum China became an independent publicly traded company on November 1, 2016 on the NYSE. The Company was secondary-listed on the HKEX on September 10, 2020. On October 24, 2022, the Company became dual primary listed on both the HKEX and the NYSE.We have the exclusive right to operate and sub-license the KFC, Pizza Hut and Taco Bell brands in China, and we own the Little Sheep and Huang Ji Huang concepts outright. We also partner with Lavazza to explore and develop the Lavazza coffee shop concept in China.