Core Insights - The core theme of the 2025 Restaurant Manager Conference held by Yum China is "Nurturing New Growth: Bamboo Dreams Ahead," symbolizing the company's resilience and growth in the face of industry changes [1] - Yum China's CEO announced significant achievements, including the addition of 1,119 new stores and a total store count exceeding 17,000, with system sales up by 4% and operating profit up by 9% for the first three quarters of 2025 [1] Expansion Strategy - KFC continues its strong growth trajectory, with over 12,000 stores as of Q3 2025, leveraging multi-format collaboration, improved store operations, and enhanced delivery efficiency [2] - The company is expanding its business footprint through a "Shoulder to Shoulder" development model, with K Coffee and KPRO light meals contributing to low-cost, efficient expansion [2] - Pizza Hut has seen a 17% year-on-year increase in same-store transactions, marking its 11th consecutive quarter of growth, with store count surpassing 4,000 [2] RGM 3.0 Strategy - Yum China's RGM (Resilience, Growth, and Moat) 3.0 strategy focuses on business resilience, growth, and strategic advantages, emphasizing innovation and efficiency [4] - The company aims to reach 20,000 stores by 2026, 25,000 by 2028, and 30,000 by 2030, with KFC planning to increase its store count by about one-third to over 17,000 by 2028 [5] Employee Development - The successful implementation of the RGM strategy is attributed to employee contributions, with the company launching various incentive programs to support career development and training [6] - Yum China has been recognized as one of the "World's Best Companies" by TIME magazine, reflecting its commitment to employee satisfaction and sustainable development [6]

格隆汇11月26日丨百胜中国(09987.HK)公告，11月25日耗资1039.99万美元回购21.57万股，每股回购价 47.79-48.65美元。 ...

智通财经APP讯，百胜中国(09987)发布公告，于2025年11月25日斥资1039.99万美元回购21.57万股;斥资 1966.75万港元回购5.28万股。 该信息由智通财经网提供 ...

百胜中国(09987)发布公告，于2025年11月25日斥资1039.99万美元回购21.57万股;斥资1966.75万港元回 购5.28万股。 ...

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 | 9). | 於2025年9月25日在香港購回之股份 | | 18,500 | 0.01 % | HKD | 338.61 | | --- | --- | --- | --- | --- | --- | --- | | | 變動日期 | 2025年9月25日 | | | | | | 10). | 於2025年9月26日在香港購回之股份 | | 18,600 | 0.01 % | HKD | 336.42 | | | 變動日期 | 2025年9月26日 | | | | | | 11). | 於2025年9月29日在香港購回之股份 | | 18,450 | 0.01 % | HKD | 339.43 | | | 變動日期 | 2025年9月29日 | | | | | | 12). | 於2025年9月30日在香港購回之股份 | | 18,550 | 0.01 % | HKD | 338.12 | | | 變動日期 | 2025年9月30日 | | | | | | 13). ...

Core Insights - Yum China Holdings, Inc. is a major player in the fast-food industry in China, operating brands like KFC and Pizza Hut, and is listed on both NYSE and HKEX [1] Financial Outlook - Ethan Wang from CLSA has set a price target of $55 for YUMC, indicating a potential increase of approximately 15.67% from the current trading price of $47.55 [2][6] - The current stock price reflects a slight decrease of 0.98%, with a market capitalization of around $17.15 billion [5] Strategic Initiatives - Yum China introduced its "RGM 3.0" strategy during the Investor Day on November 16, 2025, aiming for high-single-digit growth in operating profit and double-digit growth in diluted EPS and free cash flow per share over the next three years [3][6] - The company plans to significantly expand its store count to 20,000 by 2026 and over 30,000 by 2030, which is expected to drive sales and enhance profitability [4][6]

于同日，斥资1824.87万港元回购4.87万股股份，每股回购价格为370-378.2港元。 百胜中国(09987)发布公告，于2025年11月24日，该公司斥资约1040万美元回购21.65万股股份，每股回 购价格为47.65-48.5美元。 ...

于同日，斥资1824.87万港元回购4.87万股股份，每股回购价格为370-378.2港元。 智通财经APP讯，百胜中国(09987)发布公告，于2025年11月24日，该公司斥资约1040万美元回购21.65 万股股份，每股回购价格为47.65-48.5美元。 ...

格隆汇11月25日丨百胜中国(09987.HK)公告，11月24日耗资1825万港元回购4.9万股。同日，耗资1040 万美元回购21.7万股。 ...

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11月25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 ...