香港交易及結算所有限公司及香港聯合交易所有限公司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） 百勝中國控股有限公司董事會（「董事會」）僅此宣佈其考慮宣派及支付季度股息 （「股息」）。倘董事會決定進行，宣派將於2025年11月4日（北京/香港時間）或前後以 董事會決議案採納。 由於截至本公告日期尚未採納有關股息的董事會決議案，概不保證將宣派股息。 承董事會命 百勝中國控股有限公司 屈翠容 董事及首席執行官 香港，2025年10月22日 於本公告日期，本公司董事會包括董事會主席及獨立董事胡祖六博士、執行董事屈翠容女士、非執行董事 Robert B. AIKEN 先生以及獨立董事 Mikel A. DURHAM 女士、 Edouard ETTEDGUI 先生、葛新女士、 David HOFFMANN 先生、盧 蓉女士、邵子力先生、汪洋先生、衛哲 ...

Group 1 - Company announced a share buyback of 18,000 shares at a cost of HKD 6.26 million on October 21 [1]

智通财经APP讯，百胜中国(09987)发布公告，于2025年10月21日，该公司斥资626.03万港元回购1.8万 股。 ...

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 | | | | | | | | | | | | | 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) | 已發行股份總數 | | | 事件 | | 已發行股份（不包括庫存股份）數 目 | | 佔有關事件前的現有已發 行股份（不包括庫存股 份）數目百分比 (註3) | 庫存股份數目 | | | | 於下列日期開始時的結存(註1) ...

Core Insights - The traditional tea industry in China is facing significant challenges, with many businesses experiencing a sharp decline in sales and closures, while new tea beverage brands are thriving and expanding rapidly [1][3][6] Industry Overview - The tea industry in China is vast, with a total production value projected to reach approximately 330 billion yuan by 2025, and the entire industry chain exceeding one trillion yuan [1] - The market is characterized by a large number of small and medium-sized enterprises, with a few leading companies shaping the industry dynamics [2] Market Trends - New tea beverages account for about 10% of tea sales and are seen as a potential savior for the traditional tea industry, driving significant growth and providing a new revenue stream for upstream tea producers [6][7] - The new tea beverage sector has shown impressive performance, with total revenue exceeding 300 billion yuan in the first half of the year, and individual brands like Mixue Ice City achieving over 10 billion yuan in revenue [6][7] Capitalization Challenges - Traditional tea companies, such as Baima Tea, have faced numerous challenges in their attempts to go public, highlighting the difficulties in capitalizing the tea industry [3][4][5] - The lack of successful listings for traditional tea companies on the A-share market reflects a broader trend of capital disinterest in the sector [3][4] Brand and Product Differentiation - The tea industry struggles with brand recognition and standardization, making it difficult for companies to establish strong market positions [9][10][11] - The non-standard nature of tea products complicates consumer decision-making, as quality and value are often subjective [9][10] Consumer Behavior Shifts - The younger generation, particularly Generation Z, is driving changes in tea consumption preferences, favoring convenience and diverse flavors, which has led to the rise of new brands that leverage social media for marketing [21][22] - Online sales channels are flourishing, but they also present challenges, including issues of quality and trust among consumers [22] Future Outlook - The tea industry must find a balance between industrial efficiency and the cultural significance of tea, as it navigates the complexities of modernization and consumer expectations [22]

Core Points - Yum China has launched the "Donate One Yuan Village School Kitchen Renovation" initiative in collaboration with the China Rural Development Foundation, aiming to improve dining environments and enhance nutritional awareness among children in rural schools [1][2] - The project focuses on two main components: providing modern kitchen equipment and nutritional education, including a complete set of standardized kitchen appliances and training for teachers and students [1] - As of June 30, 2025, the initiative has raised over 280 million yuan, providing approximately 59.6 million nutritious meals and establishing over 1,500 love kitchens, with total participation exceeding 150 million [1] Project Implementation - The "Donate One Yuan Village School Kitchen Renovation" project has already commenced activities in select KFC and Pizza Hut restaurants, promoting public awareness and inviting consumer participation [2] - KFC in Beijing has launched the "Kitchen Power On, Love Arrives" donation campaign to further support the initiative [2]

Core Insights - Yum China, in collaboration with the China Rural Development Foundation, has launched the "Donate One Yuan to Renew Village School Kitchens" initiative aimed at improving dining conditions and enhancing nutritional awareness among children in rural schools [1][3] Group 1: Project Overview - The "Donate One Yuan to Renew Village School Kitchens" project focuses on two main components: equipping rural schools with modern kitchen facilities and providing nutritional education [3] - The project includes the provision of standardized kitchen equipment such as induction cookers, rice steaming carts, and disinfection cabinets to enhance the hardware conditions of school kitchens [3] Group 2: Educational Support - The initiative also offers nutritional knowledge training and educational toolkits for teachers and students, supporting schools in conducting nutrition-themed activities to improve awareness of scientific diets and nutrition [3] Group 3: Fundraising and Impact - As of June 30, 2025, the collaboration between Yum China and the China Rural Development Foundation has raised over 280 million yuan, providing approximately 59.6 million nutritious meals for children in underdeveloped areas [3] - The project has established over 1,500 love kitchens and has engaged more than 150 million participants in its activities [3]

智通财经APP讯，百胜中国(09987)发布公告，于2025年10月20日，该公司斥资627.05万港元回购1.84万 股。 ...

百胜中国(09987)发布公告，于2025年10月20日，该公司斥资627.05万港元回购1.84万股。 ...

Group 1 - Yum China (09987.HK) announced a share buyback on October 20, 2025, spending HKD 6.2705 million to repurchase 18,400 shares [1] - The buyback price ranged from HKD 339 to HKD 343.4 per share [1]