SHANGHAI, May 1, 2022
/PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or
"Yum China", NYSE: YUMC and HKEX:
9987) today announced at a special event in Shanghai a series of corporate citizenship
initiatives under the theme of "Million Thanks, Million Gifts" to
express gratitude to medical workers nationwide that have supported
the COVID-19 response in Shanghai.
![“Million Thanks, Million Gifts” “Million Thanks, Million Gifts”](https://mma.prnewswire.com/media/1808517/Million_Thanks_Million_Gifts.jpg)
As the largest restaurant company in China, Yum
China is committed to leveraging its scale and expertise to
support communities in Shanghai
and across the country. On May
1st, to honor International Labor Day,
Yum China contributed, out of its
limited supply, hundreds of free meals, including fried chicken,
pizza, sandwiches and coffee to medical workers in four makeshift
hospitals in Shanghai. In
addition, as a token of appreciation for their selfless service,
the Company has prepared over 30,000 care packages to be
distributed to medical workers nationwide when they return to their
home from Shanghai. The packages
include ready meal products such as fried rice, steak, and beef
patty from KFC and Pizza Hut's packaged food selections.
![Yum China employee volunteers sent hot and delicious meals to medical workers in makeshift hospitals in Shanghai on International Labor Day Yum China employee volunteers sent hot and delicious meals to medical workers in makeshift hospitals in Shanghai on International Labor Day](https://mma.prnewswire.com/media/1808518/Yum_China_employee_volunteers_hot_delicious_meals_medical_workers_makeshift.jpg)
"As we are facing unprecedented challenges from the most
severe outbreak since early 2020, we are extremely grateful for the
tireless efforts of medical workers and volunteers during this
difficult time. We hope that our convenient and delicious food can
bring them some additional comfort." said Joey Wat, CEO of Yum
China. "In addition to supporting medical workers,
Yum China's volunteers come together
across brands and functions to continue serving communities in
need. Their tremendous efforts embody our mission to serve the
communities we operate in."
Yum China was one of the first
authorized essential service suppliers to serve communities during
the latest outbreak in Shanghai.
The Company's brands have been supplying food and drinks to medical
workers and volunteers. Notably, despite limited restaurant service
capacity, since early April KFC has provided over 3,000 breakfasts
every day to frontline medical workers and Lavazza has also been
providing coffee and sandwiches to frontline medical workers.
Meanwhile, as part of Yum China's
efforts to care for the community, the Company has collaborated
with charity foundations and NGOs to provide 7,000 elderly people
living alone with sufficient ready meal products to last several
days. KFC has also donated children's books to quarantine
centers.
"On International Labor Day, we would like to express our
heartfelt gratitude and appreciation to all medical workers from
several regions across China supporting Shanghai during these difficult times," said
Alice Wang, Chief Public Affairs
Officer of Yum China, who oversaw
the event. "We are humbled by their sacrifices, dedication, and
unwavering efforts throughout the pandemic. We hope they and their
families can enjoy these packages together when they return
home."
Since entering China 35 years ago, Yum
China has been actively fulfilling its corporate social
responsibilities, including serving and supporting communities.
Since COVID-19 first emerged in early 2020, Yum China's employee volunteers have been active
in supporting communities, delivering over a million free meals to
communities across the country.
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," "aim," "plan," "estimate," "target," "predict,"
"project," "ambition" "likely," "will," "continue," "should,"
"forecast," "outlook," "look forward to" 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) 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, East Dawning 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 12,163 restaurants in
over 1,600 cities at the end of February
2022.
In 2021, Yum China ranked # 363
on the Fortune 500 list and was named to TIME100 Most Influential
Companies list. Yum China has also
been selected as member of both Dow Jones Sustainability Indices
(DJSI): World Index and Emerging Market Index. In 2022, the Company
was 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.
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SOURCE Yum China Holdings, Inc.