于授出日期，本公司根据2022年长期激励计划向卫先生授出本公司 2862股股份，作为其担任本公司非 雇员独立董事的年度股票任职报酬，该等任职报酬按比例计算。 智通财经APP讯，百胜中国(09987)发布公告，于2025年8月7日(美国时间，即"授出日期")，本公司根据 百胜中国控股有限公司2022年长期激励计划(2022年长期激励计划)授出了若干股权奖励及普通股股份。 ...

Core Viewpoint - Yum China (09987.HK) announced the grant of equity awards and common stock shares under its 2022 Long-Term Incentive Plan on August 7, 2025, which includes the issuance of 51,819 restricted stock units to employees [1] Group 1 - The company is implementing a long-term incentive plan aimed at employee retention and motivation through equity awards [1] - A total of 51,819 restricted stock units were granted to employees, indicating a commitment to align employee interests with shareholder value [1]

百胜中国(09987)发布公告，于2025年8月7日(美国时间，即"授出日期")，本公司根据百胜中国控股有限 公司2022年长期激励计划(2022年长期激励计划)授出了若干股权奖励及普通股股份。 于授出日期，本公司根据2022年长期激励计划向卫先生授出本公司2862股股份，作为其担任本公司非雇 员独立董事的年度股票任职报酬，该等任职报酬按比例计算。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司（「香港聯交所」）對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不會就本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任 何損失承擔任何責任。 Yum China Holdings, Inc. 百 勝 中 國 控 股 有 限 公 司 ( 於美利堅合眾國特拉華州註冊成立的有限公司 ) （股份代號：9987） 授出股權獎勵及 以股權形式授予董事任職報酬 百勝中國控股有限公司（「本公司」）謹此宣佈，於2025年8月7日（美國時間，即「授 出日期」），本公司根據百勝中國控股有限公司2022年長期激勵計劃（「2022年長期激 勵計劃」）授出了若干股權獎勵及普通股股份（「股份」），其詳情載列如下。 向僱員授出股權獎勵 授出股權獎勵類別： 限制性股票單位 授出股權獎勵數目： 51,819 承授人人數： 622, 包括588位餐廳經理 承授人身份： 所有承授人均為本公司附屬公司的僱員，並非本公司高級管 理層。該等承授人並非本公司董事、最高行政人員、主要股 東或彼等的任何聯繫人。 限制性股票單位受2022年長期激勵計劃的條款及條件以及適用的獎勵協 ...

Core Viewpoint - Yum China (09987) announced a share buyback plan, committing to repurchase 18,000 shares for a total cost of HKD 6.2728 million, scheduled for August 11, 2025 [1] Company Summary - The company is set to repurchase 18,000 shares, indicating a strategic move to enhance shareholder value [1] - The total expenditure for the buyback is HKD 6.2728 million, reflecting the company's confidence in its financial position [1]

Core Viewpoint - Yum China (09987.HK) announced a share buyback of 18,000 shares at a cost of HKD 6.27 million on August 11 [1] Group 1 - The company executed a buyback program, indicating confidence in its stock value [1] - The total expenditure for the buyback was HKD 6.27 million [1] - The number of shares repurchased was 18,000 [1]

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 百勝中國控股有限公司("本公司") 呈交日期： 2025年8月12日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 09987 | 說明 | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | 事件 | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | 每股發行/出售價 (註4) ...

Core Viewpoint - The company reported a modest growth in revenue and net profit for Q2 2025, driven by improved operational efficiency and a positive trend in same-store sales after a challenging period [1][2][3]. Financial Performance - In Q2 2025, the company achieved revenue of $2.787 billion, a year-on-year increase of 4% [1] - Net profit for the same period was $215 million, reflecting a 1% year-on-year growth [1] - The operating profit margin and net profit margin were 10.9% and 7.7%, showing a year-on-year increase of 1.0 percentage points and a slight decline of 0.2 percentage points, respectively [1] Same-Store Sales and Transaction Volume - The company recorded a 1% positive growth in same-store sales for Q2 2025, with same-store transaction volume increasing by 2% [2] - The average transaction value per store decreased by 1%, primarily due to an increase in small orders driven by delivery subsidies, particularly in the beverage category [2] - This marks the first positive same-store sales growth since 2024, following a period of negative growth [2] Operational Efficiency - The company experienced a dual increase in operating profit margin and restaurant profit margin, with the latter reaching 16.1%, up by 0.6 percentage points year-on-year [2] - KFC's restaurant profit margin was 16.9%, up by 0.7 percentage points, benefiting from improved supply chain efficiency [2] - Pizza Hut's restaurant profit margin was 13.3%, with a 0.1 percentage point increase, marking five consecutive quarters of year-on-year profit margin improvement [2] Store Expansion and Capital Expenditure - The company maintains its guidance for 1,600 to 1,800 net new stores for the year, while lowering its capital expenditure guidance [3] - The proportion of franchise stores among new openings for KFC and Pizza Hut is expected to reach 40%-50% and 20%-30%, respectively [3] - Single-store investment costs have decreased, with KFC's single-store investment down to $1.4 million and Pizza Hut's to $1.1 million, which helps free up cash flow and expand franchise opportunities [3] Shareholder Returns - The company plans to return at least $1.2 billion to shareholders in 2025, with $536 million already returned in the first half of the year [3] - This includes $356 million in share buybacks and $180 million in cash dividends [3] - The company has $936 million remaining in buyback authorization as of June 30, 2025, and aims for a total of $3 billion in buybacks and dividends over the next two years [3] Profit Forecast - The company forecasts net profits of $934 million, $1.013 billion, and $1.138 billion for 2025-2027, with year-on-year growth rates of 2.5%, 8.5%, and 12.3%, respectively [3] - The current stock price corresponds to price-to-earnings ratios of 19, 16, and 14 for the respective years [3]

Major Events - Tianyue Advanced (02631) plans to globally offer 47.7457 million H-shares from August 11 to August 14 [1] - Hengrui Medicine (01276) has its injection drugs listed in the proposed breakthrough treatment varieties public notice [1] - Shoucheng Holdings (00697) invests in Southern Universal Data Center REIT and Southern Runze Technology Data Center REIT [1] - Boyaa Interactive (00434) is included in the MSCI Global Small Cap Index [1] Financial Performance - Yum China (09987) reports a net profit of $507 million, an increase of 1.6% year-on-year [1] - Master Kong Holdings (00322) announces a profit attributable to shareholders of 2.271 billion yuan, up 20.5% year-on-year [1] - Q Tech (01478) reports a profit of 308 million yuan, a significant increase of 167.59% year-on-year [1] - Hang Wan Technology (01523) announces a net profit of approximately $21.665 million, up about 13.4% year-on-year, with a dividend of 12.34 HK cents per share [1] - Ruipu Lanjun (00666) reports a gross profit of approximately 829 million yuan, a year-on-year growth of 177.8% [1] - Kingdee International (00268) sees a revenue increase of 11.24% to 3.192 billion yuan, with strong growth in cloud business [1] - Yuyuan Group (00551) reports a profit attributable to shareholders of $171 million, a decrease of 7.2% year-on-year [1] - Boyaa Interactive (00434) reports a profit attributable to shareholders of 226 million HKD, down 27.8% year-on-year [1] - Chongqing Machinery and Electric (02722) expects a net profit attributable to shareholders to increase by about 50% year-on-year [1] - Anton Oilfield Services (03337) anticipates a significant profit increase of 41.6% to 60.5% year-on-year [1] - Sany International (00631) expects a net profit of approximately 1.234 billion to 1.332 billion yuan, an increase of 25% to 35% year-on-year [1] - Datang Renewable (01798) reports a cumulative power generation of approximately 21.3563 million MWh in the first seven months, an increase of 11.75% year-on-year [1] - China Jinmao (00817) reports a cumulative contracted sales amount of 61.807 billion yuan in the first seven months, up 23.12% year-on-year [1] - New Town Development (01030) reports a cumulative contract sales amount of approximately 11.99 billion yuan in the first seven months, down 55.66% year-on-year [1] - Dongfeng Motor Group (00489) reports automobile sales of approximately 978,500 units in the first seven months, a decrease of about 8.9% year-on-year [1] - Hopson Development Holdings (00754) reports a total contracted sales amount of approximately 9.047 billion yuan in the first seven months, down 12.49% year-on-year [1] - Yuyuan Group (00551) reports a net operating income of approximately $667.5 million in July, a year-on-year decrease of 1.9% [1]

Core Insights - Yum China reported a 2% year-over-year increase in total revenue to $5.8 billion, or a 3% increase excluding foreign currency translation effects [1] - Operating profit grew by 10% to $703 million, while core operating profit increased by 11% [1] Store Expansion - The company added a net of 583 new stores, with 151 of those being franchise stores, accounting for 26% of the total new openings [1] - As of June 30, 2025, the total number of stores reached 16,978, including 12,238 KFC locations and 3,864 Pizza Hut locations [1] Future Outlook - For the fiscal year 2025, Yum China anticipates adding between 1,600 to 1,800 new stores, with capital expenditures estimated at $600 million to $700 million [1] - The company expects that by 2025, the proportion of franchise stores among new KFC and Pizza Hut openings will reach 40-50% and 20-30%, respectively, achieving earlier targets [1] - Yum China plans to return $3 billion to shareholders between 2025 and 2026, with at least $1.2 billion expected in 2025 [1]