Analyst Coverage

Firm Analyst
ABCI
Paul Pan
Bank of America
Chen Luo
Bernstein
Sara Senatore
BOCI
Jack Chen
CCB International
Kevin Sun
CICC
Sijie Lin
Citi
Xiaopo Wei
CLSA
Terrance Liu
China Merchants Securities (HK)
Johnny Wong
CMBI
Walter Woo
Credit Suisse
Tony Wang
Daiwa
Anson Chan/Adrian Chan
DBS
Alison Fok
Goldman Sachs
Michelle Cheng
Guosen Securities
Guang Zeng/Xiao Zhong
Guosheng Securities
Ze Zhang
Haitong
Nicolas Wang/Yuxuan Zhang
HSBC
Lina Yan
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.