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： 2026年2月20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 ...

Group 1 - Company Yum China (09987) announced a share buyback on February 18, 2026, costing approximately $3 million for about 54,000 shares [1] - On February 16, 2026, the company spent approximately HKD 7.5872 million to repurchase 17,850 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： 2026年2月19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 ...

Core Viewpoint - Yum China Holdings (YUMC) possesses a significant economic moat as the leading retailer in China's fast food market [1] Group 1 - The company is recognized for its dominant position in the fast food sector in China [1] - The analysis aims to educate investors, particularly novices, on better due diligence practices for publicly traded securities [1] - The author has a beneficial long position in YUMC shares through various financial instruments [1]

Group 1 - The core announcement from Yum China includes the issuance of stock incentives and director compensation arrangements, with stock appreciation rights and restricted stock units granted to various recipients, including CEO Joey Wat [1] - The company granted 190,046 stock appreciation rights and 477,790 restricted stock units, with 86,282 restricted stock units awarded to CEO Joey Wat [1] - Additionally, the company disclosed a stock-based compensation for director Wei Zhe, who will receive 86 shares for his role on the Nomination and Governance Committee from December 2025 to May 2026 [1] Group 2 - Yum China's total revenue for the fiscal year 2025 reached $11.8 billion, reflecting a year-on-year growth of 4%, while operating profit increased by 11% to $1.3 billion [2] - As of the end of 2025, Yum China operated a total of 18,101 stores across more than 2,500 towns, with plans to exceed 20,000 stores by 2026 and achieve a long-term goal of over 30,000 stores by 2030 [2]

Core Viewpoint - Yum China announced the grant of stock incentives under its 2022 Long-Term Incentive Plan, which includes stock appreciation rights, restricted stock units, and performance stock units, aimed at aligning the interests of executives with those of shareholders [1] Group 1: Stock Incentives - The company granted a total of 190,046 stock appreciation rights and 477,790 restricted stock units, with 86,282 restricted stock units awarded to CEO and Director Qu Cuirong [1] - Performance stock units totaling 305,204 were also granted, with 103,538 units specifically awarded to Qu Cuirong [1] Group 2: Board Changes - Wei Zhe was appointed as a member of the Board's Nomination and Governance Committee, effective December 12, 2025, and was granted 86 shares as part of his compensation for serving on the committee from December 2025 to May 2026 [1]

Group 1 - The company Yum China (09987) announced a share buyback plan, investing approximately $3 million to repurchase 54,600 shares at a price range of $54.33 to $55.37 per share [1] - On the same date, the company also repurchased 17,900 shares for about HKD 7.7082 million, with a price range of HKD 427.2 to HKD 438.8 per share [1]

Core Viewpoint - Yum China (09987) announced the grant of equity incentives under its 2022 Long-Term Incentive Plan, which includes stock appreciation rights, restricted stock units, and performance stock units [1] Group 1: Equity Incentives - The company granted a total of 190,046 stock appreciation rights, 477,790 restricted stock units, and 305,204 performance stock units to several grantees [1] - On the grant date, the company awarded 86 shares to Mr. Wei Zhe as part of his compensation for serving on the Nominating and Governance Committee from December 2025 to May 2026, calculated on a pro-rata basis [1]

Group 1 - The company Yum China (09987) announced a share buyback plan on February 13, 2026, involving an expenditure of approximately $3 million to repurchase 54,600 shares at a price range of $54.33 to $55.37 per share [1] - On the same date, the company also spent about HKD 7.7082 million to buy back 17,900 shares at a price range of HKD 427.2 to HKD 438.8 per share [1]

Core Viewpoint - Yum China (09987) announced the grant of various equity incentives under its 2022 Long-Term Incentive Plan, including stock appreciation rights, restricted stock units, and performance stock units, aimed at motivating key personnel and aligning their interests with shareholders [1] Group 1: Equity Incentives - The company granted a total of 190,046 stock appreciation rights, 477,790 restricted stock units, and 305,204 performance stock units to several grantees [1] - On the grant date, the company awarded 86 shares to Mr. Wei Zhe as part of his compensation for serving on the Nomination and Governance Committee from December 2025 to May 2026, calculated on a pro-rata basis [1]