# EDGAR Filing Document

**Accession Number:** 0001968156
**File Stem:** 0001127602-23-008968
**Filing Date:** 2023-3
**Character Count:** 6287
**Document Hash:** 9adbb771597d52399e2fc860eab9ad69
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001127602-23-008968.hdr.sgml**: 20230306

**ACCESSION NUMBER**: 0001127602-23-008968

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230224

**FILED AS OF DATE**: 20230306

**DATE AS OF CHANGE**: 20230306

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** HUANG Duoduo (Howard)
- **CENTRAL INDEX KEY:** 0001968156

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-37762
- **FILM NUMBER:** 23707453

**MAIL ADDRESS:**
- **STREET 1:** YUM CHINA BUILDING
- **STREET 2:** 20 TIAN YAO QIAO ROAD
- **CITY:** SHANGHAI
- **STATE:** F4
- **ZIP:** 200030
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Yum China Holdings, Inc.
- **CENTRAL INDEX KEY:** 0001673358
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-EATING PLACES [5812]
- **IRS NUMBER:** 812421743
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 101 EAST PARK BOULEVARD, SUITE 805
- **CITY:** PLANO
- **STATE:** TX
- **ZIP:** 75074
- **BUSINESS PHONE:** (469)980-2898

**MAIL ADDRESS:**
- **STREET 1:** 101 EAST PARK BOULEVARD, SUITE 805
- **CITY:** PLANO
- **STATE:** TX
- **ZIP:** 75074

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Yum! China Holding, Inc.
- **DATE OF NAME CHANGE:** 20160428

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>HUANG Duoduo (Howard)<br><sub>(Last) (First) (Middle)</sub><br>YUM CHINA BUILDING<br>20 TIAN YAO QIAO ROAD<br><sub>(Street)</sub><br>SHANGHAI, F4 200030<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>Yum China Holdings, Inc. [ YUMC ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2023-02-24 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [ ] 10% Owner<br>[X] Officer (give title below)   [ ] Other (specify below)<br>_Chief Supply Chain Officer_ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |
| Common Stock | 277 | D |  |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| Stock Appreciation Right | <sup>(1)</sup> | 2024-02-05 | Common Stock | 7076 | $21.30 | D |  |
| Stock Appreciation Right | <sup>(1)</sup> | 2026-02-05 | Common Stock | 10408 | $21.60 | D |  |
| Stock Appreciation Right | <sup>(1)</sup> | 2025-02-06 | Common Stock | 10225 | $22.32 | D |  |
| Stock Appreciation Right | <sup>(1)</sup> | 2027-02-10 | Common Stock | 7638 | $26.56 | D |  |
| Stock Appreciation Right | <sup>(1)</sup> | 2028-02-09 | Common Stock | 5785 | $40.29 | D |  |
| Stock Appreciation Right | <sup>(2)</sup> | 2030-02-07 | Common Stock | 6438 | $42.71 | D |  |
| Stock Appreciation Right | <sup>(3)</sup> | 2032-02-10 | Common Stock | 9645 | $50.16 | D |  |
| Stock Appreciation Right | <sup>(4)</sup> | 2031-02-05 | Common Stock | 6411 | $57.39 | D |  |
| Stock Appreciation Right | <sup>(1)</sup> | 2029-02-07 | Common Stock | 10479 | $41.66 | D |  |
| Restricted Stock Unit | <sup>(5)</sup> | <sup>(6)</sup> | Common Stock | 907 | <sup>(7)</sup> | D |  |
| Restricted Stock Unit | <sup>(8)</sup> | <sup>(6)</sup> | Common Stock | 6042 | <sup>(7)</sup> | D |  |
| Restricted Stock Unit | <sup>(9)</sup> | <sup>(6)</sup> | Common Stock | 4828 | <sup>(7)</sup> | D |  |
| Restricted Stock Unit | <sup>(10)</sup> | <sup>(6)</sup> | Common Stock | 4828 | <sup>(7)</sup> | D |  |

---

### Footnotes:

(1) Vested in full.

(2) Vesting occurs 25% per year beginning one year from 02/07/2020.

(3) Vesting occurs 25% per year beginning one year from 02/10/2022.

(4) Vesting occurs 25% per year beginning one year from 02/05/2021.

(5) Vesting occurs 25% per year beginning one year from 02/10/2022.

(6) This grant does not have an expiration date.

(7) Conversion occurs on a one-for-one basis.

(8) Vesting occurs 50% on the second anniversary of 02/10/2022 and the remaining 50% vesting occurs on the third anniversary of 02/10/2022.

(9) Vesting occurs 1/3 per year beginning one year from 2/9/2023.

(10) Vesting occurs 50% on the second anniversary of 02/09/2023 and the remaining 50% vesting occurs on the third anniversary of 02/09/2023.

**Signature:** /s/ Pingping Liu, Power of Attorney  
**Date:** 2023-03-06

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**