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EX - 99.1 2 yumc - ex991_6.htm EX - 99.1 6₁ AS YumChina Yum China Outlines " Fortifying Resiliency , Accelerating Growth " Strategy at 2021 Investor Conference Accelerating store network expansion , aiming for 20,000 stores as the next milestone Widening strategic moat in digital and supply chain to enable accelerated growth Long - term potential for high single to double digit system sales , operating profit and EPS growth Exhibit 99.1 Shanghai , China ( September 22 , 2021 ) - Yum China Holdings , Inc. ( the " Company ” or “ Yum China ” ) ( NYSE : YUMC and HKEX : 9987 ) today will host its 2021 virtual investor day . At the event , Yum China's Chief Executive Officer Joey Wat and other members of the Yum China management team will share the Company's drivers of resiliency and strategies for long - term growth . Joey Wat commented , “ Yum China has been demonstrating its resiliency and agility during the pandemic . Our core brands KFC and Pizza Hut responded quickly to the situation and delivered solid results over the past 18 months . As we manage risks in the short term , we see plenty of opportunities to grow quickly . We are accelerating our store network expansion to reach our 20,000 store milestone . We will drive growth from our core brands , as well as emerging brands such as Lavazza , which we aim to grow to 1,000 stores by 2025. We will widen our strategic moat by investing in digitalization and supply chain , our key growth enablers . We are committed to and confident in achieving sustainable long - term growth . " Investor Day Highlights KFC : Resilient Business with Rapid Store Expansion KFC's resiliency is reflected in its solid results during the pandemic . The brand has been relentlessly focusing on good food , an online and offline seamless customer experience and operational excellence . As the customer base continues to grow , KFC is aggressively innovating to include more menu options , such as juicy whole chicken , beef burgers and fruity tea . The brand is also driving vigorous growth in off premise sales and launching packaged foods to capture the at - home consumption trend . Building on its vast membership of over 305 million members , KFC is leveraging digital tools to engage members more effectively . Looking forward , KFC will continue to expand its store network by utilizing distinct store models to increase store density in existing cities and further penetrate into lower tier cities . Pizza Hut : We are Back ! Pizza Hut's revitalization program has significantly improved fundamentals and yielded great results in first half 2021 with system sales and operating profit growth . The brand will focus on sharpening its 4 - pillar strategy to make the business more resilient going forward . Foremost is strengthening its leadership in the pizza and steak categories with great value for money . Second , driving sales via multiple channels , including not just dine - in and delivery , but also takeaway and packaged foods . Third , improving the digital experience for customers while broadening its member base . Finally , accelerating new store openings by focusing on smaller store formats such as the satellite model , which has proven successful and is delivering a healthy payback period of approximately 2 to 3 years . Make Coffee a Meaningful Part of Yum China Rapid same - store sales growth at COFFii & JOY and the early success of Lavazza reaffirm the Company's belief in the potential of the coffee market in China . COFFii & JOY is positioned to attract younger consumers with its artisanal coffee and small store format . Lavazza offers a premium and authentic Italian coffee experience . Yum China and the Lavazza Group , the world - renowned family - owned Italian coffee company , will accelerate the expansion of the store network in China through their joint venture , targeting to open 1,000 Lavazza stores by 2025. The joint venture is also expected to be Lavazza's exclusive distributor in mainland China to introduce more products from Lavazza's portfolio . Digitally Transforming Store Operations Digital and technology initiatives have been supporting business growth . Our digitalization along with automation , the Internet of Things and artificial intelligence ( AI ) work together to enhance food safety , replace manual work and improve overall store efficiency . The " Super Brain , " an end - to - end AI - enabled system , integrates data from store operations and aids the decision making of restaurant general managers . Yum China will continue to invest in digital to drive operational excellence and create a seamless experience for customers .