Cautionary Note: Forward-Looking Statements and Factors Affecting Results - Yum China

Yum China Holdings, Inc. recently held a Public Welfare Awareness Event in Hangzhou, during which KFC China announced the expansion of its corporate social responsibility (CSR) initiatives. These initiatives cover various areas, including support for the disadvantaged, environmental preservation, and food waste reduction. The event was attended by Guo Jingjing, Olympic Champion and KFC China's first Goodwill Ambassador.
 
According to Joey Wat, CEO of Yum China, giving back to society is deeply ingrained in their culture. They actively support causes that have a positive impact on the communities they serve. Their goal is to create a platform that inspires people to unite with a shared purpose and make a difference in their community.
 
Warton Wang, General Manager of KFC China, stated that KFC China will utilize its extensive restaurant network to further its social responsibility initiatives. They will particularly focus on supporting the disadvantaged, promoting sustainability and climate action, and advocating for healthy lifestyles.
 
During the event, KFC China announced the following expanded CSR initiatives:
 

 

 
Throughout its 36 years in mainland China, KFC China has maintained a strong commitment to social responsibility. With a vast network of over 9,200 stores across 1,800 cities, the company strives to leverage its extensive reach as a powerful platform for engagement. Its focus is on supporting the disadvantaged, environmental protection, and fostering a more compassionate society.
 
Please note: The provided text contains a section that appears to be a legal disclaimer and forward-looking statements, which I have omitted from the reworded version.
 
The information contained in forward-looking statements should be considered with caution as they are subject to known and unknown risks and uncertainties that can affect actual results or events. We cannot guarantee that our expectations, estimates, or assumptions will be realized.
 
The forward-looking statements in this press release are valid only as of the date of this release, and we have no obligation to update them publicly except as required by law. Various factors, including those beyond our control, may cause actual results or events to differ materially from what is expressed or implied in the forward-looking statements. These factors include our ability to meet development goals as planned, the success of our marketing campaigns and product innovations, maintaining food safety and quality control systems, changes in public health conditions like the COVID-19 pandemic, controlling costs and expenses including taxes, as well as changes in political, economic, and regulatory conditions in China.
 
Additionally, there may be other risks and uncertainties that are not currently known or considered significant, which could impact the accuracy of these forward-looking statements. To gain a more comprehensive understanding of these factors, it is advisable to review our filings with the Securities and Exchange Commission, including the sections titled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q.