 Yum China Holdings, Inc. NYSE:YUMC Q3 2022 Earnings Conference Call November 1, 2022 8:00 PM ET Company Participants Michelle Shen - Director, Investor Relations Joey Wat - CEO Director Andy Yeung - CFO Conference Call Participants Chen Luo - Bank of America Merrill Lynch Lillian Lou - Morgan Stanley Xiaopo Wei - Citigroup Michelle Cheng - Goldman Sachs Anne Ling - Jefferies LLC, Research Division Veronica Song - Crédit Suisse Christine Peng - UBS Operator Thank you for standing by, and welcome to the Yum China Third Quarter 2022 Earnings Conference Call. Operator Instructions. 