Yum China Announces Groundbreaking of New Supply Chain Management Center in Shanghai SHANGHAI , July 21, 2022 |PRNewswire| -- Yum China Holdings, Inc. (the "Company" or " Yum China ", NYSE: YUMC and HKEX: 9987) today announced that the Company has commenced the construction of the Yum China Supply Chain Management Center in Shanghai''s Jiading district. The 61,000 square meter facility is Yum China''s largest greenfield supply chain center project to date. The site is scheduled for completion in 2024 and will serve as the headquarters of the Company''s supply chain operations. "Our world-class supply chain is one of our key business enablers, and helped us mitigate the disruption impact of COVID-19. As part of our RGM strategic framework, we will continue to widen our strategic moat by investing in supply chain infrastructure to further enhance the agility and resiliency of our business," said Joey Wat , CEO of Yum China . "As our supply chain capabilities continue to go from strength to strength, we believe it will better support more stores, channels and products, while helping to drive long-term growth." The official groundbreaking event, which took place on July 21, was attended by executives from Yum China and local government officials.