Group 1 - The company, Yum China (09987.HK), announced a share buyback on September 3, spending HKD 6.218 million to repurchase 18,000 shares [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4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 | 佔有關事件前的現有已發 | 庫存股份變動 | 每股發 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年8月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 百勝中國控股有限公司 呈交日期: 2025年9月4日 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 09987 | 說明 | | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | | 369,612,513 | | 0 | | 369,612,513 | | 增加 / 減少 (-) | | | | -1,467,245 | | 0 | | | | 本月底結存 | | | | 368,145,268 | | 0 | | 368,145,268 | 第 2 頁 共 10 頁 v 1.1.1 ...

Group 1: Market Performance - The U.S. stock market showed mixed results with the Nasdaq rising by 1.02% and the S&P 500 increasing by 0.51%, while the Dow Jones fell by 0.05% [1] - Major tech stocks had varied performances, with Google up over 9%, Apple up over 3%, and Tesla up over 1%, while Nvidia, Intel, and AMD experienced slight declines [1] - The Nasdaq Golden Dragon China Index decreased by 0.19%, with mixed performances among popular Chinese stocks [1] Group 2: Trade Policy Uncertainty - President Trump indicated that if U.S. courts rule his global tariff policy illegal, trade agreements with the EU, Japan, and South Korea may be nullified [2] - Trump emphasized that his tariff policy has provided leverage in negotiations with trade partners, which he believes is crucial for U.S. economic prosperity [2][3] - The legal uncertainty surrounding the tariff agenda could impact trillions of dollars in global trade, raising questions about Trump's authority to unilaterally set tariffs [3] Group 3: Economic Conditions - The Federal Reserve's latest Beige Book report indicated that economic activity across most regions of the U.S. has remained stable with little change [4] - The report highlighted that consumer spending has stagnated or declined due to wages not keeping pace with rising prices, with most regions reporting price increases [5] - The transmission of tariffs into the economy has led businesses to raise prices to offset rising costs, while employment levels showed little net change across most districts [6]

Core Viewpoint - Yum China announced a plan to repurchase approximately $270 million of common stock in the open market by the end of 2025, effective from September 3, 2025, aiming to enhance shareholder value and demonstrate confidence in the company's growth prospects [1]. Group 1: Stock Repurchase Plan - The repurchase plan is an addition to the previously announced $510 million stock repurchase agreement for the second half of 2025 and the completed $356 million repurchase in the first half of 2025 [1]. - The CEO stated that the expanded stock repurchase plan aims to increase flexibility in repurchasing shares in the open market while enhancing long-term shareholder value [1]. Group 2: Shareholder Returns - Yum China plans to return a total of approximately $1.5 billion to shareholders in 2024, and is on track to achieve a target of $3 billion in shareholder returns through dividends and stock repurchases between 2025 and 2026 [1]. - The average annual shareholder return over these three years is expected to account for about 9% of the company's market value as of September 2, 2025 [1]. Group 3: Historical Returns - From 2017 to September 2, 2025, the company has returned approximately $5.2 billion to shareholders through dividends and stock repurchases [1].

Core Viewpoint - Yum China (YUMC.US/9987.HK) plans to repurchase approximately $270 million of common stock in the open market by the end of 2025, starting from September 3, 2025, reflecting confidence in the company's growth prospects and strong free cash flow generation [1] Group 1: Stock Buyback Plans - The new buyback plan is an addition to the previously announced $510 million stock repurchase agreement for the second half of 2025 and the completed $356 million stock buyback in the first half of 2025 [1] - The company expects to return a total of approximately $1.5 billion to shareholders in 2025 through dividends, assuming a quarterly cash dividend of $0.24 per share [1] Group 2: Management Commentary - CEO Joey Wat stated that the new stock repurchase plan aims to enhance flexibility in repurchasing shares in the open market and is focused on increasing long-term shareholder value [1] - The company remains committed to investing in business development while continuing to return value to shareholders through dividends and stock buybacks, aiming to create both current and long-term dual value [1]

Core Viewpoint - Yum China plans to repurchase approximately $270 million of common stock in the open market by the end of 2025, effective immediately, aiming to enhance shareholder value and demonstrate confidence in the company's growth and cash flow [1] Summary by Relevant Categories Shareholder Returns - The company expects to return $1.5 billion to shareholders in 2025 through dividends and stock buybacks, with a quarterly dividend of $0.24 per share [1] - In 2024, Yum China returned $1.5 billion to shareholders through dividends and stock repurchases [1] - Since 2017, the total shareholder return has reached approximately $5.2 billion, with a target of $3 billion in shareholder returns for 2025-2026 [1] Management Insights - CEO Cui Yongqing stated that the stock buyback initiative is aimed at increasing flexibility and enhancing long-term shareholder value [1]

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 本公告乃由百勝中國控股有限公司（「本公司」）根據香港聯合交易所有限公司證券上市規則 （「上市規則」）第13.10B條作出。 本公司已於2025年9月3日（美國東部時間）於美國證券交易委員會上傳與本公司計劃2025年 新增约2.7億美元股票回購新聞稿（「新聞稿」）相關的8-K表格。 隨附請見8-K表格中的新聞稿。完整版8-K表格可於美國證券交易委員會網站 www.sec.gov 及 本公司的網站 https://ir.yumchina.com 閱覽。 本公司股東以及潛在投資人在買賣或投資本公司證券時務請審慎行事。 承董事會命 （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） 海外監管公告 — 8 - K表格 百勝中國宣佈2025年計劃新增约2.7億美元股票回購 百勝中國控股有限公司 於本公告日期，董 ...

Group 1 - The core point of the article is that Yum China (09987, YUMC.US) plans to repurchase approximately $270 million of its common stock by the end of 2025, effective immediately [1] - The company expects to return $1.5 billion to shareholders in 2025 through dividends of $0.24 per share and stock buybacks [1] - CEO Joey Wat stated that this initiative aims to enhance repurchase flexibility and increase long-term shareholder value, reflecting confidence in the company's growth and cash flow [1] Group 2 - In 2024, Yum China returned $1.5 billion to shareholders through dividends and stock buybacks [1] - Since 2017, the company has cumulatively returned approximately $5.2 billion to shareholders [1] - Yum China is advancing towards a target of $3 billion in shareholder returns for 2025-2026 [1]

2025 中期 報告 Yum China Holdings, Inc. 百勝中國控股有限公司 紐交所代號 : YUMC 港交所代號 : 9987 Yum China Holdings, Inc. 百勝中國控股有限公司 2025 中期報告 目錄 本中期報告包括1933年證券法（經修訂）第27A條及 1934年證券交易法（經修訂）（「交易法」）第21E條所定 義之「前瞻性陳述」。我們擬將所有前瞻性陳述予以 涵蓋於1995年美國私人證券訴訟改革法案的安全港 條文範圍內。 可基於並非嚴謹陳述歷史或當前事實的特點識別前 瞻性陳述。該等陳述通常包括「可能」、「將」、「估 計」、「擬」、「尋 求」、「預 期」、「期 望」、「預 測」、 「預 計」、「相 信」、「信 心」、「規 劃」、「計 劃」、 「可」、「目 標」、「旨 在」、「承 諾」、「預 料」、「相 當 可 能」、「應」、「預 想」、「展 望」、「模 型」、「繼 續」、「持續」等詞彙或其他類似表述。前瞻性陳述乃 基於我們目前對未來的業績或事件的預期、估計、 假設或預測作出。我們向股東回饋資本的計劃乃基 於目前的預期，可能會因市場情況、資本需求或其 他因素而改變。前瞻 ...