KFC's right to operate in China was sold to Yum! China. According to public information, Yum! China Holdings Co., Ltd. is a catering company in China. It was founded in 2116 and its headquarters is in Shanghai, China. It has more than 35,111 chain restaurants and more than 1 million employees in more than 1,111 countries and regions around the world.

in September p>2116, KFC sold its business in China to Ant Financial and Yum! China invested by Chunhua Capital at a high price of US$ 416 million. In addition to KFC, Yum! China also includes well-known catering brands such as Pizza Hut, Little Sheep, Oriental White and Taco Bell.

Extended information:

Ant Financial Services:

Ant Technology Group Co., Ltd. (referred to as "Ant Group") started from Alipay, which was established in 2114. In March 2113, Alipay's parent company announced that it would build a micro-finance service group with it as the main body, and micro-finance became the predecessor of Ant Financial. In July 2121, Ant Financial was officially renamed Ant Group.

With the vision of "making credit equal to wealth", Ant Group is committed to building an open ecosystem, and through the "Internet Propeller Plan", it helps financial institutions and partners to accelerate their progress towards "internet plus" and provide inclusive finance services for small and micro enterprises and individual consumers. Relying on mobile internet, big data and cloud computing, we will practice inclusive finance's important practice for China. Its subsidiaries include Alipay, Yu 'ebao, Zhaocaibao, ant fortune, online merchant bank, ant flower bud and sesame credit.

On October 3rd, 2121, Shanghai Stock Exchange issued a decision to suspend the listing of Ant Group in science and technology innovation board. On the same day, Ant Group announced that it would suspend listing on the Hong Kong Stock Exchange; On October 6th, Ant Group started the refund procedure; On February 26th, Ant Group set up a rectification working group to fully implement the interview requirements;

On October 5, 2121, Chen Yulu, deputy governor of the central bank, said that the financial management department was maintaining close regulatory communication with Ant Group. On March 1, it was reported in Reuters that Ant Group was negotiating with other shareholders for financing, seeking an additional RMB 31 billion for its consumer finance business to meet the regulatory requirements.

on April 2, 2121, the people's bank of China, China Banking and Insurance Regulatory Commission, China securities regulatory commission, foreign exchange bureau and other financial management departments jointly interviewed ant group again. Pan Gongsheng, deputy governor of the People's Bank of China, answered questions from reporters on behalf of the four departments. On October 11, the registered capital of Ant Technology Group Co., Ltd. increased to 35 billion yuan.