secwatch / observer

Yum China Holdings, Inc. — fact timeline

Source-grounded facts extracted from Yum China Holdings, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

YUMC Yum China Holdings, Inc. JSON
Material Agreements

Yum China Holdings, Inc. entered into Membership Interest Purchase Agreement with Yum! Brands, Inc. valued at US$1.2 billion (effective 2026-06-16).

“On June 16, 2026, Yum China Holdings, Inc., a Delaware corporation (the “Company” or “Yum China”), entered into a Membership Interest Purchase Agreement (the “Purchase Agreement”) with Yum! Brands, Inc., a North Carolina corporation (“Yum! Brands”).”
Shareholder Votes

Yum China Holdings, Inc. shareholders approved To approve the Board of Directors’ continuing authority to approve the repurchases of shares of common stock in an amount not to exceed 10% of the Company’s total number of outstanding shares of common stock as of the date of the Annual Meeting, effective from date of the Annual Meeting until the ea at the 2026-05-28 meeting.

“Proposal 5: To approve the Board of Directors’ continuing authority to approve the repurchases of shares of common stock in an amount not to exceed 10% of the Company’s total number of outstanding shares of common stock as of the date of the Annual Meeting, effective from date of the Annual Meeting until the earlier of the date the next annual meeting is held or June 28, 2027.”
Shareholder Votes

Yum China Holdings, Inc. shareholders approved To approve the Board of Directors’ continuing authority to approve issuances of shares of common stock or securities convertible into common stock in an amount not to exceed 20% of the Company’s total number of outstanding shares of common stock as of the date of the Annual Meeting, effective from d at the 2026-05-28 meeting.

“Proposal 4: To approve the Board of Directors’ continuing authority to approve issuances of shares of common stock or securities convertible into common stock in an amount not to exceed 20% of the Company’s total number of outstanding shares of common stock as of the date of the Annual Meeting, effective from date of the Annual Meeting until the earlier of the date the next annual meeting is held or June 28, 2027.”
Shareholder Votes

Yum China Holdings, Inc. shareholders approved An advisory vote to approve the Company’s named executive officer compensation at the 2026-05-28 meeting.

“Proposal 3: An advisory vote to approve the Company’s named executive officer compensation:”
Shareholder Votes

Yum China Holdings, Inc. shareholders approved The approval and ratification of the appointment of KPMG Huazhen LLP and KPMG as the Company’s independent auditors for 2026 at the 2026-05-28 meeting.

“Proposal 2: The approval and ratification of the appointment of KPMG Huazhen LLP and KPMG as the Company’s independent auditors for 2026:”
Shareholder Votes

Yum China Holdings, Inc. shareholders approved The election of 12 director nominees to serve until the 2027 annual meeting of the Company's stockholders at the 2026-05-28 meeting.

“Proposal 1: The election of 12 director nominees to serve until the 2027 annual meeting of the Company’s stockholders:”
Earnings Releases

Yum China Holdings, Inc. reported the first quarter ended March 31, 2026 results: revenue $3.3 billion, net income $309 million, EPS $0.87.

“• Same-store sales reached 100% of the prior year's level. Same-store transactions grew 2% YoY, the 13th consecutive quarter of growth. • Total revenues increased 10% YoY to $3.3 billion, or a 4% increase excluding F/X. • Opened 636 net new stores , an all-time quarterly high and more than double the openings in the same quarter last year, with 39% opened by”

Adrian Ding was appointed as Chief Financial Officer at Yum China Holdings, Inc..

“On March 6, 2025, the Board of Directors (the “Board”) of Yum China Holdings, Inc. (the “Company”) appointed Adrian Ding, the Company’s Acting Chief Financial Officer and Chief Investment Officer, to the position of Chief Financial Officer, effective March 6, 2025.”

Mikel A. Durham was appointed as Director at Yum China Holdings, Inc..

“the Board expanded its size from 11 directors to 12 directors and appointed Ms. Mikel A. Durham, former chief executive officer of American Seafoods Group, as a director, effective August 12, 2024.”

Adrian Ding was appointed as Acting Chief Financial Officer at Yum China Holdings, Inc..

“The Board of Directors of the Company (the “Board”) has appointed Mr. Adrian Ding, the Company’s Chief Investment Officer and General Manager of the Company’s Lavazza joint venture, as its Acting Chief Financial Officer, effective October 1, 2024.”

Andy Yeung resigned as Chief Financial Officer at Yum China Holdings, Inc..

“Mr. Andy Yeung notified the Company that he intends to resign as Chief Financial Officer of the Company. Mr. Yeung will step down from the position of Chief Financial Officer, effective September 30, 2024.”
Earnings Releases

Yum China Holdings, Inc. reported financial results for the first quarter ended March 31, 2024.

“On April 29, 2024, Yum China Holdings, Inc. issued a press release announcing its unaudited results for the first quarter ended March 31, 2024.”
Earnings Releases

Yum China Holdings, Inc. reported financial results for the fourth quarter ended December 31, 2023.

“On February 6, 2024, Yum China Holdings, Inc. issued a press release announcing its unaudited results for the full year and fourth quarter ended December 31, 2023.”
Earnings Releases

Yum China Holdings, Inc. reported financial results for the full year ended December 31, 2023.

“On February 6, 2024, Yum China Holdings, Inc. issued a press release announcing its unaudited results for the full year and fourth quarter ended December 31, 2023.”

Pingping Liu was appointed as Chief Legal Officer at Yum China Holdings, Inc..

“The Board has appointed Ms. Pingping Liu as the Company's Chief Legal Officer, effective January 1, 2024.”

Joseph Chan departed as Chief Legal Officer at Yum China Holdings, Inc..

“To facilitate a smooth transition, Mr. Chan will step down as Chief Legal Officer, effective December 31, 2023.”

Maggie Chen was appointed as Chief Customer Officer at Yum China Holdings, Inc..

“Ms. Maggie Chen has been appointed as the Company's Chief Customer Officer, effective January 1, 2024.”

Johnson Huang departed as Chief Customer Officer at Yum China Holdings, Inc..

“To facilitate a smooth transition, Mr. Huang will step down as Chief Customer Officer, effective December 31, 2023.”
Earnings Releases

Yum China Holdings, Inc. reported financial results for the third quarter ended September 30, 2023.

“On October 31, 2023, Yum China Holdings, Inc. issued a press release announcing its unaudited results for the third quarter ended September 30, 2023.”
Earnings Releases

Yum China Holdings, Inc. reported financial results for the second quarter ended June 30, 2023.

“On July 31, 2023, Yum China Holdings, Inc. issued a press release announcing its unaudited results for the second quarter ended June 30, 2023.”

Jerry Ding was appointed as Chief People Officer at Yum China Holdings, Inc..

“The Board has appointed Mr. Jerry Ding as the Company's Chief People Officer, effective August 1, 2023.”

Aiken Yuen departed as Chief People Officer at Yum China Holdings, Inc..

“Mr. Aiken Yuen notified the Company that he intends to step down as Chief People Officer of the Company, effective August 1, 2023.”
Shareholder Votes

Yum China Holdings, Inc. shareholders approved Approval of Board's continuing authority to approve repurchases of shares of common stock up to 10% of outstanding shares at the 2023-05-25 meeting.

“Proposal 6: To approve the Board of Directors’ continuing authority to approve the repurchases of shares of common stock in an amount not to exceed 10% of the Company’s total number of outstanding shares of common stock as of the date of the Annual Meeting, effective from date of the Annual Meeting until the earlier of the date the next annual meeting is held or June 25, 2024. For Against Abstain Broker Non-Votes 332,905,407 627,971 868,971 23,466,818”
Shareholder Votes

Yum China Holdings, Inc. shareholders approved Approval of Board's continuing authority to approve issuances of shares of common stock or securities convertible into common stock up to 20% of outstanding shares at the 2023-05-25 meeting.

“Proposal 5: To approve the Board of Directors’ continuing authority to approve issuances of shares of common stock or securities convertible into common stock in an amount not to exceed 20% of the Company’s total number of outstanding shares of common stock as of the date of the Annual Meeting, effective from date of the Annual Meeting until the earlier of the date the next annual meeting is held or June 25, 2024 . For Against Abstain Broker Non-Votes 314,941,218 18,874,669 586,462 23,466,818”
Shareholder Votes

Yum China Holdings, Inc. shareholders approved Advisory vote to approve the frequency of the advisory vote to approve named executive officer compensation at the 2023-05-25 meeting.

“Proposal 4: Advisory vote to approve the frequency of the advisory vote to approve the Company’s named executive officer compensation: 1 Year 2 Years 3 Years Abstain Broker Non-Votes 330,295,260 289,210 3,493,989 323,890 23,466,818”
Shareholder Votes

Yum China Holdings, Inc. shareholders approved Advisory vote to approve named executive officer compensation at the 2023-05-25 meeting.

“Proposal 3: An advisory vote to approve the Company’s named executive officer compensation: For Against Abstain Broker Non-Votes 223,437,850 109,004,681 1,959,818 23,466,818”
Shareholder Votes

Yum China Holdings, Inc. shareholders approved Approval and ratification of the appointment of KPMG Huazhen LLP and KPMG as independent auditors for 2023 at the 2023-05-25 meeting.

“Proposal 2: The approval and ratification of the appointment of KPMG Huazhen LLP and KPMG as the Company’s independent auditors for 2023: For Against Abstain Broker Non-Votes 356,746,322 694,510 428,335 0”
Shareholder Votes

Yum China Holdings, Inc. shareholders approved Election of nine director nominees to serve until the 2024 annual meeting at the 2023-05-25 meeting.

“Proposal 1: The election of nine director nominees to serve until the 2024 annual meeting of the Company’s stockholders: Director Name For Against Abstain Broker Non-Votes Fred Hu 330,974,429 3,064,876 363,044 23,466,818 Joey Wat 333,664,566 378,414 359,369 23,466,818 Peter A. Bassi 333,027,815 1,007,603 366,931 23,466,818 Edouard Ettedgui 326,085,416 7,955,452 361,481 23,466,818 Ruby Lu 295,760,608 38,298,505 343,236 23,466,818 Zili Shao 333,495,155 547,154 360,040 23,466,818 William Wang 325,925,183 8,110,515 366,651 23,466,818 Min (Jenny) Zhang 326,129,537 7,933,934 338,878 23,466,818 Christina Xiaojing Zhu 328,305,316 5,752,105 344,928 23,466,818”
Earnings Releases

Yum China Holdings, Inc. reported financial results for the first quarter ended March 31, 2023.

“Item 2.02. Results of Operations and Financial Condition. On May 2, 2023, Yum China Holdings, Inc. issued a press release announcing its unaudited results for the first quarter ended March 31, 2023. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.”
Earnings Releases

Yum China Holdings, Inc. reported financial results for the full year and fourth quarter ended December 31, 2022.

“On February 7, 2023, Yum China Holdings, Inc. issued a press release announcing its unaudited results for the full year and fourth quarter ended December 31, 2022.”
Earnings Releases

Yum China Holdings, Inc. reported financial results for third quarter ended September 30, 2022.

“On November 1, 2022, Yum China Holdings, Inc. issued a press release announcing its unaudited results for the third quarter ended September 30, 2022.”

Warton Wang was appointed as General Manager, KFC at Yum China Holdings, Inc..

“the appointment of Warton Wang, who currently serves as the Company’s Chief Development Officer, to the position of General Manager, KFC”

Johnson Huang was appointed as Chief Customer Officer at Yum China Holdings, Inc..

“the appointment of Johnson Huang, who currently serves as the Company’s General Manager, KFC, to the position of Chief Customer Officer”

Duoduo (Howard) Huang was appointed as Chief Supply Chain Officer at Yum China Holdings, Inc..

“The Company’s Board of Directors (the “Board”) has appointed Mr. Duoduo (Howard) Huang as the Company’s Chief Supply Chain Officer, effective November 9, 2021.”

Danny Tan resigned as Chief Supply Chain Officer at Yum China Holdings, Inc..

“On November 3, 2021, Mr. Danny Tan notified Yum China Holdings, Inc. (the “Company”) that he intends to resign as Chief Supply Chain Officer of the Company, with the last day of employment on February 10, 2022.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.