Boardroom Alpha
10-K primary document
YUMC · Annual Report (Form 10-K) · Filed February 27, 2026

Yum China Holdings Inc10-K exhibit

yumc-ex21_1.htm
EX-21.1

Exhibit 21.1

Subsidiaries of Yum China Holdings, Inc.

Entity Name

Jurisdiction of

Organization

Agilink Global (HK) Limited

Hong Kong

Bai Sheng International Management Consulting (Sanya) Co., Ltd.

China

Bai Sheng Restaurants (Tibet) Co., Ltd.

China

Bai Sheng Restaurants China Holdings Limited

Hong Kong

Baisheng (Jinan) Catering Management Co., Ltd.

China

Baisheng Restaurants (Anhui) Co., Ltd.

China

Baisheng Restaurants (Lhasa) Co., Ltd.

China

Baisheng Restaurants (Sanya) Co., Ltd.

China

Beijing Daojia Times Catering Management Co., Ltd.

China

Beijing Fashion Family Network Technology Co, Ltd.

China

BeiJing Huang Ji Huang Catering Management Co., Ltd.

China

Beijing Huang Ji Huang Trading Co., Ltd.

China

Beijing KFC Co., Ltd.

China

Beijing Meng Qi Yan Duo Catering Service Co., Ltd.

China

Beijing Pizza Hut Co., Ltd.

China

Bi Sa Information Technology (Shanghai) Co., Ltd.

China

Bi Sheng Restaurants (Lhasa) Co., Ltd.

China

Changsha KFC Co., Ltd.

China

China Family Networks Limited

Hong Kong

China Homerun Limited

Cayman Islands

China XiaoFeiYang Catering Chain Co., Ltd.

British Virgin Islands

Chongqing KFC Co., Ltd.

China

Chuan Sheng (Shanghai) Supply Chain Technology Co., Ltd.

 

China

Chuan Sheng Supply Chain Management (Chengdu) Co., Ltd.

China

Chuan Sheng Supply Chain Management (Hefei) Co., Ltd.

China

Chuan Sheng Supply Chain Management (Huaian) Co., Ltd.

China

Chuan Sheng Supply Chain Management (Nanchang) Co., Ltd.

China

Chuan Sheng Supply Chain Management (Nanning) Co., Ltd.

China

Chuan Sheng Supply Chain Management (Shanghai) Co., Ltd.

China

Chuan Sheng Supply Chain Management (Shenyang) Co., Ltd.

China

Chuan Sheng Supply Chain Management (Xi’an) Co., Ltd.

China

Chuan Sheng Supply Chain Management (Zhangjiagang) Co., Ltd.

China

Chuang Yi Sheng E-Commerce (Shanghai) Co., Ltd.

China

Dalian KFC Co., Ltd.

China

Dongguan KFC Co., Ltd.

China

East Dawning (Shanghai) Management Co., Ltd.

China

Hangzhou KFC Co., Ltd.

China

Harvest Catering Limited

British Virgin Islands

Huang Ji Huang Group (Hong Kong) Limited

Hong Kong

Huansheng Advertising (Shanghai) Company Limited

China

Huansheng Consulting (Wuhan) Co., Ltd.

China

Huansheng E-Commerce (Shanghai) Co., Ltd.

China

Huansheng Information Technic (Shanghai) Co., Ltd.

China

Huansheng Information Technology (Shanghai) Co., Ltd.

China

Inner Mongolia Little Sheep Catering Chain Co., Ltd.

China

Inner Mongolia Little Sheep Seasoning Co., Ltd.

China

Ken Ding Xing Information Technology (Shanghai) Co., Ltd.

China

Kunming KFC Co., Ltd.

China

Lanzhou Boyue Logistics Co., Ltd.

 

China

Lanzhou KFC Co., Ltd.

China

Little Sheep Group Limited

Cayman Islands

Little Sheep Hong Kong Holdings Company Limited

Hong Kong

Nanchang KFC Co., Ltd.

China


Nanjing KFC Co., Ltd.

China

Nanning KFC Co., Ltd.

China

Qingdao KFC Co., Ltd.

China

Royal Dynasty International Development Limited

Hong Kong

Sanya Luobidong Hotel Management Co., Ltd.

China

Shanghai Changning Little Sheep Catering Co., Ltd.

China

Shanghai KFC Co., Ltd.

China

Shanghai Pizza Hut Co., Ltd.

China

Shanghai Sherpa's Commercial Development Co., Ltd.

China

Shanghai You Song Jia Information and Technology Co., Ltd.

China

Shantou KFC Co., Ltd.

China

Shengdoushi (Shanghai) Science and Technology Development Co., Ltd.

China

Shu Sheng (Nanjing) Information Technology Co., Ltd.

China

Shu Sheng (Shanghai) Science and Technology Development Co., Ltd.

China

Simmer Pot Holding Company Limited

Hong Kong

Sunrise Investments Co., Ltd.

British Virgin Islands

Suzhou Desheng Catering Management Co., Ltd.

China

Suzhou KFC Co., Ltd.

China

Suzhou Zhi Sheng Information Technology Co., Ltd.

China

Taiyuan KFC Co., Ltd.

China

Tianjin KFC Co., Ltd.

China

United Group Development Limited

Hong Kong

Wandle Investments Limited

Hong Kong

Wuxi KFC Co., Ltd.

China

Xiamen KFC Co., Ltd.

China

Xinjiang KFC Co., Ltd.

China

Y&L Coffee Limited

Hong Kong

Yi Bai Coffee (Shanghai) Co., Ltd.

China

YRI Hong Kong I Limited

Hong Kong

YRI Hong Kong II Limited

Hong Kong

Yum China E-Commerce Limited

Hong Kong

Yum! (Shanghai) Food Co., Ltd.

China

Yum! Asia Holdings Pte. Ltd.

Singapore

Yum! Franchise China Trust I S.à r.l.

Luxembourg

Yum! Global Investments III LLC

Delaware

Yum! Restaurants (Chengdu) Co., Ltd.

China

Yum! Restaurants (China) Investment Company Limited

China

Yum! Restaurants (Fuzhou) Co., Ltd.

China

Yum! Restaurants (Guangdong) Co., Ltd.

China

Yum! Restaurants (Jiangsu) Co., Ltd.

 

China

Yum! Restaurants (Shenyang) Co., Ltd.

China

Yum! Restaurants (Shenzhen) Co. Ltd.

China

Yum! Restaurants (Wuhan) Co., Ltd.

China

Yum! Restaurants (Xi’an) Co., Ltd.

China

Yum! Restaurants Consulting (Shanghai) Company Limited

 

China

Yum! Restaurants International S.à r.l.

 

Luxembourg

Zhengzhou KFC Co., Ltd.

 

China


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