 Yum China Holdings, Inc. NYSE:YUMC Q1 2022 Earnings Conference Call May 3, 2022 8:00 PM ET Company Participants Florence Lip - IR Joey Wat - CEO Director Andy Yeung - CFO Conference Call Participants Sijie Lin - CICC Lillian Lou - Morgan Stanley Anne Ling - Jefferies Veronica Song - Crédit Suisse Lina Yan - HSBC Xiaopo Wei - Citigroup Christine Peng - UBS Brian Wong - China Merchants Securities Ruofan Chen - CLSA Limited Operator Thank you all for standing by, and welcome to the Yum China First Quarter 2022 Earnings Conference Call. Operator Instructions. 