Core Viewpoint - Company maintains resilient same-store growth and continues to expand its store network, with a positive outlook for the future [1] Group 1: RGM3.0 Strategy - Company announced the RGM3.0 strategy focusing on resilience, growth, and competitive advantage, driven by innovation and efficiency [2] Group 2: Store Network Expansion - As of Q3 2025, the company has 17,514 stores nationwide, with a net addition of 1,119 stores compared to 2024. The goal is to reach 20,000 stores by 2026, over 25,000 by 2028, and aim for more than 30,000 by 2030 [3] - The company plans to increase the proportion of franchise stores, targeting 40%-50% for KFC and 20%-30% for Pizza Hut in net new stores by 2025 [3] Group 3: Shareholder Return Plan - In the first nine months of 2025, the company returned $9.5 billion to shareholders, with an expected total return of approximately $15 billion for the year. The target for shareholder returns from 2025 to 2026 is $30 billion [4] Group 4: KFC and Pizza Hut Profit Goals - KFC aims to add 992 new stores in the first nine months and plans to increase its total to over 17,000 by 2028, with a target operating profit exceeding 10 billion RMB [5] - Pizza Hut plans to add over 600 new stores annually for the next three years, aiming to exceed 6,000 stores by 2028 and double its operating profit by 2029 compared to 2024 [6] Group 5: Lavazza Coffee Expansion - Lavazza Coffee is optimizing its store model to enhance economic efficiency and plans to accelerate expansion in first and select second-tier cities, targeting over 1,000 stores and retail sales of $60 million by 2029 [7]