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20日 | 9). | 於2025年6月12日在香港購回之股份 | | 12,850 | 0 % | HKD | 350.4 | | --- | --- | --- | --- | --- | --- | --- | | | 變動日期 | 2025年6月12日 | | | | | | 10). | 於2025年6月13日在香港購回之股份 | | 13,350 | 0 % | HKD | 349.19 | | | 變動日期 | 2025年6月13日 | | | | | | 11). | 於2025年6月16日在香港購回之股份 | | 13,650 | 0 % | HKD | 342.49 | | | 變動日期 | 2025年6月16日 | | | | | | 12). | 於2025年6月17日在香港購回之股份 | | 13,500 | 0 % | HKD | 346.59 | | | 變動日期 | ...

来源：滚动播报 美股周二盘前，百胜中国上涨1.2%。机构指出该公司的餐厅净利率有望持续上行。 ...

Group 1 - KFC has launched a new sub-brand called "KFC Fried Chicken Brothers" in Shanghai, featuring two small takeaway stores with an area of approximately 20 square meters each, focusing on delivery and self-pickup services [1][2] - The new stores offer both Chinese and Korean-style fried chicken, with an average customer spending of around 30 yuan, and operate from 11 AM to 2 AM, targeting the late-night snack market [1][2] - The trademark for "KFC Fried Chicken Brothers" is registered under KFC International Holdings LLC, with the application date set for July 2, 2025, and is currently awaiting substantive examination [2] Group 2 - The fried chicken market in China has seen significant growth, with the market size increasing from 300.066 billion yuan in 2019 to 479.6 billion yuan in 2024, reflecting a compound annual growth rate of 8.13% [2] - It is projected that the market size will further expand to 921.663 billion yuan between 2025 and 2028, indicating strong future growth potential in the sector [2] - KFC has previously diversified its brand portfolio with other sub-brands like KCOFFEE and KPRO, each targeting different market segments, which has contributed positively to customer traffic and profitability [3]

百胜中国(09987)发布公告，于2025年8月18日斥资627.23万港元回购股份1.795万股，每股回购价格为 346.6-352.6港元。 于同日，斥资320万美元回购股份7.17万股，每股回购价格为44.19-44.98美元。 ...

于同日，斥资320万美元回购股份7.17万股，每股回购价格为44.19-44.98美元。 智通财经APP讯，百胜中国(09987)发布公告，于2025年8月18日斥资627.23万港元回购股份1.795万股， 每股回购价格为346.6-352.6港元。 ...

格隆汇8月19日丨百胜中国(09987.HK)发布公告，2025年8月18日耗资627.23万港元回购1.8万股，回购价 格每股346.6-352.6港元。 ...

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19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 ...

| YUMC 百胜中国 | | | | --- | --- | --- | | 44.5104-0.240 -0.54% | | 收盘价 08/18 15:59 美东 | | 44.950 + 0.440 +0.99% | | 盘前价 08/19 04:00 美东 | | 雪 4 24 4 8 9 月 0 | | ● 快捷交易 | | 最高价 44.980 | 开盘价 44.620 | 成交量 182.51万 | | 最低价 44.190 | 昨收价 44.750 | 成交额 8147.94万 | | 平均价 44.642 | | 市盈率TIM 18.39 总市值 164.12亿 (--) | | 振 幅 1.77% | 市盈率(静) 19.10 | 总股本 3.69亿 | | 换手率 0.50% | 市净率 2.835 | 流通值 162.58亿 | | 52周最高 53.690 | 委 比 -98.02% | 流通股 3.65亿 | | 52周最低 32.403 | 量 比 1.00 | 每 手 1股 | | 历史最高 66.223 | 股息TTM 0.800 | 换股比率 1.00 | | 历史最低 2 ...

Core Viewpoint - The article explores the evolution of Pizza Hut in China over 35 years, highlighting its expansion strategy, adaptation to consumer trends, and the importance of innovation and digital transformation in the competitive restaurant industry [5][34]. Group 1: Historical Context and Expansion - Pizza Hut opened its first store in Beijing in 1990 and has since expanded to 3,864 stores by Q2 2023, adding 95 stores in a single quarter [5][8]. - The brand initially targeted first and second-tier cities, aligning with the urban migration trend where urban population increased from 26.41% in 1990 to nearly 50% by 2010, adding approximately 360 million people to urban areas [8][9]. - By 2013, Pizza Hut reached its 1,000th store in Deyang, a fourth-tier city, marking a strategic shift towards expanding into lower-tier cities [15][16]. Group 2: Consumer Trends and K-Shaped Recovery - The article discusses the K-shaped recovery post-pandemic, where some consumers seek high-quality products while others prioritize cost-effectiveness [21][23]. - Pizza Hut has adapted its store formats to cater to these diverse consumer needs, introducing three main store types: Standard, WOW, and PIZZERIA [23][24]. Group 3: Store Formats and Strategies - The Standard store offers a wide variety of menu items, while the WOW store targets budget-conscious consumers with affordable pricing [23][28]. - The PIZZERIA format focuses on high-quality, artisanal pizzas, appealing to consumers looking for premium dining experiences [26][27]. Group 4: Digital Transformation and Supply Chain - Pizza Hut has implemented a comprehensive digital transformation strategy since 2015, utilizing AI for operational efficiency, food safety, and inventory management [29][30]. - The company has also localized its supply chain, sourcing ingredients from local producers to enhance quality and support local agriculture [30][31]. Group 5: Financial Performance and ESG Commitment - The article notes that Pizza Hut's profit margins have improved, with Q1 2025 reaching 14.4% and Q2 at 13.3% [31][32]. - The company is committed to ESG initiatives, reporting a 9% reduction in indirect carbon emissions per store in 2024 [32].

Core Viewpoint - KFC has launched a new sub-brand called "KFC Fried Chicken Brothers" in Shanghai, targeting the fried chicken segment with both Chinese and Korean styles [1][3][4] Sub-brand Details - The new brand includes two stores: one focusing on Chinese fried chicken and the other on Korean fried chicken, both operating from 11:00 AM to 2:00 AM, catering to late-night dining [4][6] - The Chinese fried chicken menu features items like fried chicken legs and various skewers, with an average spending of approximately 27 yuan per person [4] - The Korean fried chicken menu emphasizes sauces, offering eight different sauce options, with an average spending of around 30 yuan per person [6] Market Context - The fried chicken market in China is projected to grow from 300 billion yuan in 2019 to 479.6 billion yuan by 2024, with a compound annual growth rate of 8.13% [8] - KFC aims to capture the potential opportunities in the fried chicken segment by leveraging its brand recognition and existing supply chain [10][16] Competitive Landscape - KFC Fried Chicken Brothers faces competition from established local brands in the Chinese fried chicken market, which have seen significant growth [13][14] - The brand's competitive advantage lies in its association with KFC, which can help it gain consumer trust quickly [16] Brand Strategy - KFC has been diversifying its brand portfolio with various sub-brands, including KCOFFEE and KPRO, to explore different market opportunities [17][19] - The company is expanding its sub-brands after testing viable business models, indicating confidence in their growth potential [19][22]