SHANGHAI, Jan. 21,
2025 /PRNewswire/ -- For the seventh consecutive
year, Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) has been
named as a "2025 China Top Employer" by the Top Employers
Institute. Yum China placed second
overall among 156 companies in China ranked — up from fourth last
year — and was once again ranked first for the restaurant
industry.
This continued recognition underscores Yum China's steadfast dedication to upholding
its "People First" philosophy through fostering a supportive
workplace and empowering its employees.
The Company is committed to embracing new technologies to
develop innovative solutions that help to support employees while
promoting sustainable business growth. As a pioneer in digital
transformation, Yum China leverages
AI to optimize demand forecasting, inventory management, crew
scheduling, and production to empower frontline managers. In 2024,
the Company launched its "Comprehensive Talent Development" program
providing technology-enhanced all-around learning and development
support for employees at all career stages from entry-level to
management. The Company also continues to deepen the application of
AI-Generated Content (AIGC) in its employee services. For example,
Yum China's AIGC-enabled "MyService"
provides 24/7 intelligent support for employees' HR-related
questions, enhancing productivity and employee experience.
To attract the next generation of talent, Yum China has continued to make its recruitment
process more engaging and interactive. In 2024, the Company
introduced a metaverse space for its management trainee recruitment
program, providing an exciting new way for applicants to learn
about the Company's culture and history. Additionally, the
Company's "gamified" online and offline interviews have received
high praise from student applicants, further strengthening its
appeal among Gen Z candidates.
Employee well-being remains a cornerstone of Yum China's "People First" philosophy. In 2025,
the Company plans to further expand its "YUMC Care" benefits
program, including increased medical coverage for over 10,000
frontline restaurant managers, and broaden its mutual aid fund to
provide financial assistance to team leaders in need. These
initiatives reflect Yum China's
commitment to ensuring the safety, health, and well-being of its
employees.
The Company also remains dedicated to recognizing the
contributions of its restaurant general managers (RGMs), in line
with its "RGM No.1" principle. In December, the Company welcomed
more than 11,000 RGMs to its annual RGM Convention in Hong Kong.
Looking ahead, Yum China remains
continuously focused on improving employee engagement and
well-being. Through incorporating feedback from initiatives such as
employee surveys and events like the RGM Convention, the Company
continues to refine its programs to meet the evolving needs of its
dynamic workforce.
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, including under
"2024 Outlook." 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 include, without limitation, statements regarding the
future strategies, growth, business plans, and dividend and share
repurchase plans. 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. Our plan of capital returns to
shareholders is based on current expectations, which may change
based on market conditions, capital needs or otherwise. In
addition, other risks and uncertainties not presently known to us
or that we currently believe to be immaterial could affect the
accuracy of any such 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 caption "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.
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SOURCE Yum China Holdings Inc.
