Yum China Holdings Inc Investor Day (Virtual) Transcript

Sep 23, 2021 / 12:00AM GMT
Joey Wat - Yum China Holdings, Inc. - CEO & Director

(presentation)

Hello, everyone, and welcome to Yum China's Investor Day. I'm Joey Wat, CEO of Yum China. The 2 years since we met last in Shanghai have certainly been challenging for everyone. We hope that all of you have remained safe and healthy. We look forward to the day, hopefully soon, when we can all meet again in person.

Our theme today is fortifying resiliency, accelerating growth. Our agility and resiliency show in our results. Even during the pandemic, we capture new opportunities and accelerated the growth of our store network. We delivered solid profits and generated meaningful cash. We see plenty of opportunities to grow quickly even at our size today. More city penetration, new store formats, new concepts, new dayparts, occasions in delivery, takeaway and at-home consumption, we have so many exciting avenues to grow.

Resiliency, growth and moat, RGM, they represent both our strategy and the people who are critical to making it all happen, restaurant general managers. RGMs are our brand ambassadors turning

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