Yum China Holdings Inc. has announced the construction of its 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, according to a press release.

"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," Joey Wat, CEO of Yum China, said in the press release. "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."

In addition to supporting Yum China's restaurants in eastern China, the new facility will serve as a key integrated cold chain transit hub for the region and support the Company's operations across the country. It will include ambient temperature storage, cold-chain storage, office space and supporting facilities.

Yum China Holdings is a licensee of Yum Brands in mainland China. It has exclusive rights in mainland China to KFC, Pizza Hut and Taco Bell. The brand also owns the Little Sheep, Huang Ji Huang and COFFii & JOY concepts. The company has 12,114 restaurants across 1,700 cities.

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