On the Record · Yum China Holdings
Yum China Holdings subsidiaries, as it lists them
The subsidiaries Yum China Holdings lists in its latest annual report, with the jurisdiction of each, linked to the filing.
Subsidiaries it lists
| Subsidiary | Jurisdiction |
|---|---|
| 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 |
| China Baisheng Restaurants (Anhui) Co., Ltd. | China |
| China Baisheng Restaurants (Lhasa) Co., Ltd. | China |
| China Baisheng Restaurants (Sanya) Co., Ltd. | China |
| China Beijing Daojia Times Catering Management Co., Ltd. | China |
| China Beijing Fashion Family Network Technology Co, Ltd. | China |
| China BeiJing Huang Ji Huang Catering Management Co., Ltd. | China |
| China Beijing Huang Ji Huang Trading Co., Ltd. | China |
| China Beijing KFC Co., Ltd. | China |
| China Beijing Meng Qi Yan Duo Catering Service Co., Ltd. | China |
| China Beijing Pizza Hut Co., Ltd. | China |
| China Bi Sa Information Technology (Shanghai) Co., Ltd. | China |
| China Bi Sheng Restaurants (Lhasa) Co., Ltd. | China |
| China Changsha KFC Co., Ltd. | China |
| 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 |
| China Chuan Sheng (Shanghai) Supply Chain Technology Co., Ltd. | China |
| China Chuan Sheng Supply Chain Management (Chengdu) Co., Ltd. | China |
| China Chuan Sheng Supply Chain Management (Hefei) Co., Ltd. | China |
| China Chuan Sheng Supply Chain Management (Huaian) Co., Ltd. | China |
| China Chuan Sheng Supply Chain Management (Nanchang) Co., Ltd. | China |
| China Chuan Sheng Supply Chain Management (Nanning) Co., Ltd. | China |
| China Chuan Sheng Supply Chain Management (Shanghai) Co., Ltd. | China |
| China Chuan Sheng Supply Chain Management (Shenyang) Co., Ltd. | China |
| China Chuan Sheng Supply Chain Management (Xi’an) Co., Ltd. | China |
| China Chuan Sheng Supply Chain Management (Zhangjiagang) Co., Ltd. | China |
| China Chuang Yi Sheng E-Commerce (Shanghai) Co., Ltd. | China |
| China Dalian KFC Co., Ltd. | China |
| China Dongguan KFC Co., Ltd. | China |
| China East Dawning (Shanghai) Management Co., Ltd. | China |
| China Hangzhou KFC Co., Ltd. | China |
| 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 |
| China Kunming KFC Co., Ltd. | China |
| China Lanzhou Boyue Logistics Co., Ltd. | China |
| China Lanzhou KFC Co., Ltd. | China |
| China Little Sheep Group Limited | Cayman Islands |
| Little Sheep Hong Kong Holdings Company Limited | Hong Kong |
| Nanchang KFC Co., Ltd. | China |
| China Nanjing KFC Co., Ltd. | China |
| China Nanning KFC Co., Ltd. | China |
| China Qingdao KFC Co., Ltd. | China |
| China Royal Dynasty International Development Limited | Hong Kong |
| Sanya Luobidong Hotel Management Co., Ltd. | China |
| Shanghai Changning Little Sheep Catering Co., Ltd. | China |
| China Shanghai KFC Co., Ltd. | China |
| China Shanghai Pizza Hut Co., Ltd. | China |
| China Shanghai Sherpa's Commercial Development Co., Ltd. | China |
| China Shanghai You Song Jia Information and Technology Co., Ltd. | China |
| China Shantou KFC Co., Ltd. | China |
| China Shengdoushi (Shanghai) Science and Technology Development Co., Ltd. | China |
| China Shu Sheng (Nanjing) Information Technology Co., Ltd. | China |
| China Shu Sheng (Shanghai) Science and Technology Development Co., Ltd. | China |
| China Simmer Pot Holding Company Limited | Hong Kong |
| Sunrise Investments Co., Ltd. | British Virgin Islands |
| Suzhou Desheng Catering Management Co., Ltd. | China |
| China Suzhou KFC Co., Ltd. | China |
| China Suzhou Zhi Sheng Information Technology Co., Ltd. | China |
| China Taiyuan KFC Co., Ltd. | China |
| China Tianjin KFC Co., Ltd. | China |
| China United Group Development Limited | Hong Kong |
| Wandle Investments Limited | Hong Kong |
| Wuxi KFC Co., Ltd. | China |
| China Xiamen KFC Co., Ltd. | China |
| China Xinjiang KFC Co., Ltd. | China |
| 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 |
From Exhibit 21 of the 10-K for 2025. Companies must list their significant subsidiaries there and may leave out smaller ones, so this is the company’s own list, not every entity it owns.
Read from Yum China Holdings’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-27. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.