Company:Yum China

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Short description: Multinational fast food company
Yum China Holdings, Inc.
TypePublic
NYSE: YUMC
SEHK: Script error: No such module "Leading zeros".&sc_lang=en Script error: No such module "Leading zeros".
ISINUS98850P1093
IndustryRestaurants
FoundedNovember 1, 2016 (2016-11-01)
Headquarters
Shanghai
,
China
Number of locations
12117 (2021 Q3)
Area served
China
Little Sheep: Canada , Japan , Indonesia, United States
Key people
Joey Wat, CEO
RevenueIncrease US$8.415 billion (2018)[1]
Increase US$941 million (2018)[1]
Increase US$708 million (2018)[1]
Total assetsIncrease United States dollar $4.61 billion (2018)[1]
Total equityIncrease United States dollar 2.873 billion (2018)[1]
Number of employees
450,000[2] (2018)
DivisionsEast Dawning
Little Sheep
Huang Ji Huang
COFFii & JOY
Lavazza
Shaofaner
Websitewww.yumchina.com/en
Yum China
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Yum China Holdings, Inc. (Chinese: 百胜中国; pinyin: Bǎishèng Zhōngguó) is a Chinese Fortune 500 [3] fast-food restaurant company based in Shanghai, China .[4][5][6][7] With US$9.5 billion in revenue and 10,600 restaurants worldwide it is one of the largest restaurant companies. It was spun off from Yum! Brands in 2016, becoming an independent, publicly traded company on November 1, 2016. Yum China is a trademark licensee of Yum Brands, paying 3% of total systemwide sales to Yum Brands. It operates 8,484 restaurants in over 1,100 cities located in every province and autonomous region in Mainland China. It has a workforce of 450,000 employees.[8][9] Since the stock is listed on the New York Stock Exchange, the company has an office in Plano, Texas for SEC filings.[10]

History

Initial foray into China

Spinoff

On October 25, 2015, Yum! Brands announced that it intended to separate into two independent, publicly traded companies by spinning off Yum China;[11] it took effect 1 November 2016.[12]

Brands

China's first KFC restaurant at Qianmen, Beijing

Yum China has several subsidiary brands, including KFC, Taco Bell, Pizza Hut, COFFii & JOY a coffee bar launched in 2018, Huang Ji Huang a casual dining franchise, East Dawning a Jiangnan cuisine fast food franchise and Little Sheep. Little Sheep has around 200 restaurants in China, twenty-nine in nine US states, mostly in California , seventeen in Japan , nine in Canada and one in Jakarta, Indonesia.[13]

Number of units 2022:

  • 8,441 KFC
  • 2,679 Pizza Hut
  • 997 Little Sheep, East Dawning, Taco Bell, Huang Ji Huang, COFFii & Joy, Lavazza, and Shaofaner.

Corporate affairs

The headquarters is in the Yum China Building (Chinese: 百胜中国大厦; pinyin: Bǎishèng Zhōngguó Dàshà) in Xuhui District.[14]

References

  1. ↑ 1.0 1.1 1.2 1.3 1.4 "Yum China 10-K". https://www.sec.gov/Archives/edgar/data/1673358/000156459017003681/yumc-10k_20161231.htm. 
  2. ↑ "Yum China Holdings". http://fortune.com/fortune500/yum-china-holdings/. 
  3. ↑ "Yum China on the Fortune 500". Fortune. http://fortune.com/fortune500/yum-china-holdings. 
  4. ↑ "Contact Us". http://www.yumchina.com/en/About/ContactUs. 
  5. ↑ "Overview-Yum China". http://www.yumchina.com/en/About. 
  6. ↑ "Office Tour: Yum China Offices – Shanghai". 15 May 2018. https://officesnapshots.com/2018/05/15/yum-china-offices-shanghai/. 
  7. ↑ "New Yum China Building Opens in Shanghai" (in en). www.prnewswire.com (Yum China Holdings Inc). https://www.prnewswire.com/news-releases/new-yum-china-building-opens-in-shanghai-300573113.html. 
  8. ↑ "Fortune 500". http://fortune.com/fortune500/list/filtered?sortBy=employees&first500. 
  9. ↑ "Overview-Yum China". http://www.yumchina.com/en/About. 
  10. ↑ "Yum China Holdings: One of the Few Good Emerging Market Plays (NYSE:YUMC) | Seeking Alpha". April 11, 2017. https://seekingalpha.com/article/4061632-yum-china-holdings-one-of-good-emerging-market-plays. 
  11. ↑ "Yum! Brands announced that it intends to separate into two independent, publicly-traded companies." Company news release, 20 October 2015.
  12. ↑ "Yum.com – 404". https://www.yum.com/press-releases/yum-brands-completes-separation-of-yum-china-business-creating-two-powerful-independent-focused-growth-companies. 
  13. ↑ "Locations". https://www.littlesheephotpot.com/locations/map/locations. 
  14. ↑ "Contact Us". Yum China. http://www.yumchina.com/en/About/ContactUs. "20 Tianyaoqiao Road, Shanghai 200030, P. R. China"  - Address in Chinese : "上海市天钥桥路20号百胜中国大厦 邮编：200030 "

External links



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