Asian Games-themed restaurants launched in Hangzhou
SHANGHAI, Dec. 8, 2022
/PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or
"Yum China", NYSE: YUMC and HKEX:
9987), the Official Exclusive Supplier of Western Food Catering
Services for the 19th Asian Games Hangzhou 2022 ("Hangzhou 2022"), held a launch ceremony for
Asian Games-themed KFC and Pizza Hut restaurants in Hangzhou. The two themed restaurants will help
promote Hangzhou 2022 and showcase
the culture of the Asian Games.
KFC and Pizza Hut have also selected 28 "Asian Games
Ambassadors" from more than 40,000 employees in Zhejiang Province. They will join Yum China's Asian Games support team at
Hangzhou 2022 – scheduled to take
place in the second half of 2023 – to provide catering services at
the Hangzhou Asian Games Village, Hangzhou Olympic Sports Centre
and other Asian Games venues. Some of the selected employees have
previously supported KFC and Pizza Hut at the Beijing 2022 Winter Olympics and two employees
with special needs from KFC "Angel Restaurants" have also been
selected.
![Launch ceremony of KFC and Pizza Hut Asian Games-themed restaurants in Hangzhou Launch ceremony of KFC and Pizza Hut Asian Games-themed restaurants in Hangzhou](https://mma.prnewswire.com/media/1964283/Launch_ceremony_KFC_Pizza_Hut_Asian_Games_themed_restaurants_Hangzhou.jpg)
"We are delighted to launch the KFC and Pizza Hut Asian
Games-themed restaurants and announce Asian Games Ambassadors
selected from our employees for the event. These are meaningful
ways for us to welcome and promote Hangzhou 2022, generate public enthusiasm, and
enable more people to experience the excitement of the Asian
Games," said Joey Wat, CEO of
Yum China at the launch ceremony.
"With our strong supply chain and product innovation capabilities,
we will launch a series of new Asian Games related products at KFC
and Pizza Hut restaurants over the next year, offering customers a
taste of the Asian Games."
![Joey Wat, CEO of Yum China, delivers a speech at the launch ceremony Joey Wat, CEO of Yum China, delivers a speech at the launch ceremony](https://mma.prnewswire.com/media/1964284/Joey_Wat_CEO_Yum_China_delivers_a_speech_launch_ceremony.jpg)
"We are thrilled that Yum China
is actively participating in the Asian Games and the company has
already demonstrated its value during various tryout events. Today,
Yum China has launched two Asian
Games-themed restaurants, which will serve as excellent channels to
promote Asian Games culture and convey the spirit of sport, fully
embodying the responsibility of Asian Games sponsors," said Ding
Jiong, Director of the Games Services Department, the
19th Asian Games Hangzhou 2022 Organising Committee
(HAGOC), at the launch ceremony.
The KFC Asian Games-themed restaurant focuses on creating an
immersive Asian Games setting. The restaurant entrance features a
podium-style main bar, while terrace-style dining seats recreate
the viewing experience of a sports venue. Asian Games imagery is on
display throughout the restaurant and LED screens will show
highlights and medalist updates in real-time throughout the event.
In addition, an in-store "One-Stop Smart Asian Games Screen"
enables customers to conveniently purchase Asian Games merchandise
and event tickets.
The entrance of the Pizza Hut Asian Games-themed restaurant
features an interactive experience area where customers can pedal
on exercise bikes to generate power to light up the Pizza Hut and
Asian Games imagery on the wall. The interior of the restaurant
features a sports track design and various Asian Games-themed wall
displays.
Since July 2021, Yum China has provided catering services at
Asian Games tryout events in Hangzhou, including for athletics, canoeing,
field hockey and table tennis. By the end of October 2022, Yum
China's KFC and Pizza Hut brands have already served more
than 10,000 people at Asian Games venues. By leveraging the
Company's rich experience in providing an exceptional catering
service for major sporting events, Yum
China is committed to providing high-quality food and
services at Asian Games venues and contributing to the overall
success of Hangzhou 2022.
Forward-Looking Statements
This press release contains "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. We intend all
forward-looking statements to be covered by the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements generally can be identified by the fact
that they do not relate strictly to historical or current facts and
by the use of forward-looking words such as "expect,"
"expectation," "believe," "anticipate," "may," "could," "intend,"
"belief," "plan," "estimate," "target," "predict," "project,"
"likely," "will," "continue," "should," "forecast," "outlook",
"commit" or similar terminology. These statements are based on
current estimates and assumptions made by us in light of our
experience and perception of historical trends, current conditions
and expected future developments, as well as other factors that we
believe are appropriate and reasonable under the circumstances, but
there can be no assurance that such estimates and assumptions will
prove to be correct. Forward-looking statements are not guarantees
of performance and are inherently subject to known and unknown
risks and uncertainties that are difficult to predict and could
cause our actual results or events to differ materially from those
indicated by those statements. We cannot assure you that any of our
expectations, estimates or assumptions will be achieved. The
forward-looking statements included in this press release are only
made as of the date of this press release, and we disclaim any
obligation to publicly update any forward-looking statement to
reflect subsequent events or circumstances, except as required by
law. All forward-looking statements should be evaluated with the
understanding of their inherent uncertainty. You should consult our
filings with the Securities and Exchange Commission (including the
information set forth under the captions "Risk Factors" and
"Management's Discussion and Analysis of Financial Condition and
Results of Operations" in our Annual Report on Form 10-K and
subsequent Quarterly Reports on Form 10-Q) for additional detail
about factors that could affect our financial and other
results.
About Yum China Holdings, Inc.
Yum China Holdings, Inc. is a licensee of Yum! Brands in
mainland China. It has exclusive rights in mainland China to KFC,
China's leading quick-service restaurant brand, Pizza Hut, the
leading casual dining restaurant brand in China, and Taco Bell, a California-based restaurant chain serving
innovative Mexican-inspired food. Yum
China also owns the Little Sheep, Huang Ji Huang and COFFii & JOY concepts
outright. In addition, Yum China has
partnered with Lavazza to explore and develop the Lavazza coffee
shop concept in China. The Company
had 12,409 restaurants in over 1,700 cities at the end of
September 2022.
In 2021, Yum China was selected
as a member of both Dow Jones Sustainability Indices (DJSI): World
Index and Emerging Market Index. In 2022, Yum China ranked 359th on the Fortune 500 list.
The Company was also named to the Bloomberg Gender-Equality Index
and was certified as a Top Employer 2022 in China by the Top Employers Institute, both for
the fourth consecutive year. For more information, please visit
http://ir.yumchina.com.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/yum-china-gets-ready-for-the-hangzhou-2022-asian-games-301697921.html
SOURCE Yum China Holdings, Inc.