SHANGHAI,
Jan. 22,
2025 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE:
YUMC and HKEX: 9987, "Yum China" or
the "Company") today announced, in compliance with the
Rules Governing the Listing of Securities on The Stock
Exchange of Hong Kong Limited (the "HKEX") which require advance
notice of board meetings at which a dividend is expected to be
declared, that its board of directors (the "Board") will consider
the declaration and payment of a quarterly dividend (the
"Dividend"). If the Board decides to proceed, the declaration will
be adopted by Board resolution on or around February 6, 2025 (Beijing/Hong Kong Time) and will be promptly
disclosed by the Company.
The Company makes available through the Investor
Relations section of its internet website at
http://ir.yumchina.com its filings with the HKEX as soon as
reasonably practicable after electronically filing such
materials with the HKEX. These filings may also be obtained by
visiting the HKEX's website at http://www.hkex.com.hk.
As no Board resolution in relation to the
Dividend has been adopted as of the date of this press release,
there is no assurance that the Dividend will be declared.
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" 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. Numerous factors could cause our actual results or events to
differ materially from those expressed or implied by
forward-looking statements. 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 is the
largest restaurant company in China with a mission to make every life taste
beautiful. The Company has approximately 400,000 employees and
operates over 15,000 restaurants under six brands across around
2,200 cities in China. KFC and
Pizza Hut are the leading brands in the quick-service and casual
dining restaurant spaces in China,
respectively. In addition, Yum China
has partnered with Lavazza to develop the Lavazza coffee concept in
China. Little Sheep and
Huang Ji Huang specialize in Chinese
cuisine. Taco Bell offers innovative Mexican-inspired food.
Yum China has a world-class,
digitalized supply chain which includes an extensive network of
logistics centers nationwide and an in-house supply chain
management system. Its strong digital capabilities and loyalty
program enable the Company to reach customers faster and serve them
better. Yum China is a Fortune 500
company with the vision to be the world's most innovative pioneer
in the restaurant industry. For more information, please visit
http://ir.yumchina.com.
Investor Relations Contact
Tel: +86 21 2407 7556
E-mail: IR@yumchina.com
Media Contact
Tel: +86 21 2407 8288 / +852 2267 5807
E-mail: Media@yumchina.com
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SOURCE Yum China Holdings, Inc.
