SHANGHAI, Dec. 19, 2017 /PRNewswire/ -- Yum China
Holdings, Inc. ("Yum China" or "the
Company") (NYSE: YUMC), today announced the grand opening of the
Yum China Building in Shanghai,
China. The Yum China Building is a leased property located
in the heart of Xu Jia Hui, a
central business precinct in Shanghai, and will accommodate Yum China's Restaurant Support Center. Over
1,000 employees and the Company's executives will be based in the
new building, dedicated to supporting the growth of KFC, Pizza Hut,
Taco Bell, East Dawning and Little Sheep in China.
![The New Yum China Building in Shanghai The New Yum China Building in Shanghai](https://mma.prnewswire.com/media/621213/New_Yum_China_Building_Shanghai.jpg)
"We started with the vision of creating a workplace where
employees 'look forward to Monday'. To achieve this vision, we
focus on employee well-being and have paid attention to key design
features such as excellent air filtration, modern furniture,
collaborative work spaces, ample connectivity for mobile working,
and contemporary lighting," said Joey
Wat, President and Chief Operating Officer of Yum China. "We are confident that our new office
space will create a happy workplace that will facilitate
collaboration and inspire our colleagues to even more creativity in
their daily work. It will serve as the perfect platform for us to
continue expanding and supporting our national restaurant
network."
With the office interior designed to meet the gold standard of
the Leadership in Energy and Environmental Design (LEED) building
rating system, the Yum China Building incorporates a suite of
advanced sustainable features that are intended to provide staff
with the optimal working environment. Smart, low-carbon air
conditioning systems save energy and ensure temperature and air
flow are optimal. A cutting-edge air purification system has also
been installed to guarantee excellent indoor air quality.
Modern co-working spaces or
"social hubs", allow employees to meet and chat over a cup of
coffee or during lunch. The contemporary layout also includes
mobile work stations, equipped with adjustable tables and screens,
so that employees can work more efficiently and exchange ideas
across departments and levels.
Employee health and wellness has also been prioritized, and the
Yum China Building is equipped with facilities that can be used for
exercise, yoga and team building activities. It includes four
showers and rooms for physiotherapy and nursing mothers. In
addition, chairs were selected by representatives from each
department to ensure comfort and compliance with ergonomic
standards. These designs reflect Yum
China's commitment to promoting the importance of healthy,
active lifestyles.
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. 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," "likely," "will," "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 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 "Forward-Looking
Statements" 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, which opened its first
restaurant in China at the end of
2016. Yum China also owns the Little
Sheep and East Dawning concepts outright. Yum China is well positioned for growth thanks
to its strong competitive position, integration of its brands into
Chinese popular culture and consumers' daily lives, expanding
geographic footprint in China and
existing operational expertise. It has a strong capital position,
no external debt and expects to continue growing its system sales
and profit by adding new restaurants and through growing same-store
sales. Yum China had more than 7,700
restaurants and more than 420,000 employees in over 1,100 cities at
the end of August 2017. A new
generation of younger consumers who are digitally sophisticated and
brand driven are fueling growth in consumption in China. The ongoing growth of the middle class
and urban population in China is
expected to create the world's largest market for restaurant
brands, with Yum China poised to be
the market leader.
Yum China Media Contacts:
Forest Liu, Director, Finance
Media, at +86 21 2407 7505
Anne Bark, Brunswick Group, at +86
21 6039 6388
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SOURCE Yum China Holdings, Inc