Analyst Coverage

Firm Analyst
ABCI
Paul Pan
Atlantic Equities
Edward Lewis
Bank of America
Chen Luo
BOCI
Rena Ma
CICC
Sijie Lin
Citi
Xiaopo Wei
CITIC Securities
Ya Jiang
CLSA
Jack Chen
China Merchants Securities (HK)
Johnny Wong/Bryan Wang
CMBI
Walter Woo
Credit Suisse
Veronica Song
Daiwa
Anson Chan/Adrian Chan
DBS
Alison Fok
Goldman Sachs
Michelle Cheng
Guosen Securities
Guang Zeng/Xiao Zhong
Guotai Junan Securities
Yuenan Liu/Qiaowei Xu
Haitong
Yingzhi Xu
HSBC
Lina Yan
Hua Chuang Securities
Weina Wang
J.P. Morgan
Kevin Yin
Jefferies
Anne Ling
Macquarie
Linda Huang
Morgan Stanley
Lillian Lou
Morningstar
Ivan Su
Nomura
Emily Lee
Oppenheimer
Brian Bittner
SWS
Yue Wang
UBS
Christine Peng

Yum China Holdings, Inc. is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Yum China Holdings, Inc.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Yum China Holdings, Inc. or its management. Yum China Holdings, Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.