Group 1 - Yum China (09987) announced a share buyback on September 15, 2025, spending HKD 6.2626 million to repurchase 18,400 shares at a price range of HKD 338.6 to 342.6 per share [1] - On the same date, the company also repurchased 72,900 shares for USD 3.2 million, with a price range of USD 43.54 to 44.15 per share [1]

智通财经APP讯，百胜中国(09987)发布公告，于2025年9月15日该公司斥资626.26万港元回购1.84万股， 回购价格为每股338.6-342.6港元。 于2025年9月15日该公司斥资320万美元回购7.29万股，回购价格为每股43.54-44.15美元。 ...

公司名稱： 百勝中國控股有限公司("本公司") 呈交日期： 2025年9月16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 。 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 | 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 | | | | --- | --- | --- | | 43.560 4 -0.410 -0.93% | | 收盘价 09/15 15:59 美东 | | 44.800 + 1.240 +2.85% | | 盘前价 09/16 04:01 美东 | | 雪 5 24 4 5 8 8 8 8 8 | | ● 快捷交易 | | 最高价 44.150 | 开盘价 44.130 | 成交量 113.74万 | | 最低价 43.540 | 昨收价 43.970 | 成交额 4983.87万 | | 平均价 43.818 | | 市盈率TTM 18.00 总市值 159.63亿 (--) | | 振 幅 1.39% | 市盈率(静) 18.69 | 总股本 3.66亿 | | 换手率 0.32% | 市净率 2.757 | 流通值 157.32亿 | | 52周最高 53.402 | 委 比 14.53% | 流通股 3.61亿 | | 52周最低 35.221 | 量 比 0.57 | 色 主 1股 | | 历史最高 65.867 | 股息TTM 0.800 | 换股比率 1.00 | | 历 ...

Group 1 - The core viewpoint is that Yum China Holdings is experiencing effective business strategies leading to a positive growth outlook, which supports a buy rating [1] - The investment approach emphasizes fundamentals-based value investing, focusing on companies with long-term durability and robust balance sheets [1] - There is a recognition that investing in successful companies carries risks, particularly regarding valuation, but some situations may justify less concern about price in the short term due to significant growth potential [1]

Group 1 - The core theme of the 16th China Food Safety Forum is "Honesty and Lawfulness, Sharing Food Safety," emphasizing the importance of food safety and waste reduction in the food industry [2] - KFC, a subsidiary of Yum China, has integrated food waste reduction into its brand development strategy, establishing a new paradigm for food surplus management in the restaurant industry through its "Food Station" initiative [2][3] - The Chinese government has implemented a series of policies to combat food waste and ensure food security, including the 2021 Anti-Food Waste Law and the 2024 Action Plan for Food Conservation and Anti-Food Waste [2] Group 2 - KFC launched the "Food Station" initiative in 2020, initially in Shenzhen and Guangzhou, to provide surplus food that is past its best-before date but still safe for consumption to those in need [3] - Over five years, KFC has improved the operational model of the "Food Station" through technology, standardizing processes and training employees to ensure proper handling of surplus food [3] - By mid-2025, KFC's Food Stations will have expanded to over 1,050 locations across more than 180 cities, achieving significant growth in its outreach [4] Group 3 - KFC aims to continue its sustainable practices by adhering to national policies on food conservation and waste reduction, focusing on demand-driven production, reduced packaging, and waste management [4][5] - The company plans to enhance the influence of the Food Station model and engage more communities in environmental initiatives, contributing to sustainable social development [5] - Yum China operates over 16,000 restaurants across six brands in more than 2,400 towns in mainland China, making it the largest restaurant company in the country [5]

Group 1 - Yum China (09987) announced a share buyback on September 12, 2025, costing approximately HKD 20.2864 million for 57,700 shares on the Hong Kong Stock Exchange [1] - The company also repurchased about 236,900 shares for approximately USD 10.3999 million on the New York Stock Exchange [1]

Group 1 - Yum China announced a share buyback on September 12, 2025, costing approximately HKD 20.2864 million for 57,700 shares on the Hong Kong Stock Exchange [1] - The company also repurchased about 236,900 shares on the New York Stock Exchange for approximately USD 10.3999 million [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9月14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 ...

Core Viewpoint - The debate over pre-prepared dishes (pre-cooked meals) in the restaurant industry highlights differing interpretations among restaurant owners and consumers regarding what constitutes pre-prepared food [2][3][4]. Group 1: Definitions and Standards - According to the 2024 definition by six ministries, pre-prepared dishes are made from one or more food products, using or not using seasonings, without preservatives, and require heating or cooking before consumption [3]. - Chain restaurants like Xibei, if using semi-finished products from a central kitchen or frozen semi-finished products, do not fall under the national definition of pre-prepared dishes unless they are fully cooked beforehand [3]. Group 2: Perspectives from Industry Leaders - Luo Yonghao claims that Xibei's assertion of not using pre-prepared dishes is a complete lie, emphasizing that consumer understanding of freshly made food is clear [4]. - Liu Jingjing, founder of Jiahe Yipin, argues that establishing a central kitchen with quality control ensures food safety, while a Beijing restaurant executive believes that central kitchens are necessary for standardization and hygiene [5]. Group 3: Diverging Opinions on Cooking Methods - Some restaurant owners, like Li Hong of Xiangcunji, prefer fresh cooking over standardization, believing it retains the home-cooked flavor that consumers desire [5]. - The debate continues with varying opinions on the necessity of pre-prepared ingredients versus freshly made dishes, with some suggesting that the essence of food quality lies in the cooking method [6]. Group 4: Consumer Expectations - Consumers prioritize food safety, health, taste, and value for money, indicating that clarity in standards and transparency in information could resolve the ongoing debate [6].