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Yum China Officially Launches Digital Supplier Recruitment Platform at China International Supply Chain Expo

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BEIJING, Nov. 28, 2024 /PRNewswire/ — Yum China Holdings, Inc. (the “Company” or “Yum China“) (NYSE: YUMC; HKEX: 9987) officially launched its digital supplier recruitment platform, extending an open invitation to high-quality enterprises from around the world to join its supply chain network at the 2nd China International Supply Chain Expo.

The platform enables potential suppliers to conveniently submit their credentials to Yum China online, representing a significant shift from traditional supplier selection to a dynamic, interactive and data-driven process. By simplifying supplier engagement, the platform significantly reduces the manual workload and time needed for supplier evaluation while promoting transparency and fairness in selection.

As part of Yum China’s broader efforts to enhance efficiency under its “Spend Better, Buy Better” initiative, the platform enables the company to connect with more high-quality global suppliers, helping us deliver better products to Chinese consumers.

Since the platform’s pilot launch in April 2024, it has attracted applications in over 30 categories, already covering more than a third of the Company’s total categories.

At the launch ceremony, Yum China signed agreements of intent to collaborate with both domestic and international companies. These new partnerships will focus on sourcing and product innovation to better deliver exceptional culinary experiences for our customers.

Over the years, Yum China has built a world-class supply chain management system, comprised of over 800 core suppliers across a variety of categories, including food ingredients, beverages, packaging materials, construction, warehousing, and transportation. Harnessing this vast network, Yum China deploys innovative procurement strategies to deliver safe, delicious, and diverse menu options tailored to the evolving preferences of Chinese consumers.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including under “2024 Outlook.” We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as “expect,” “expectation,” “believe,” “anticipate,” “may,” “could,” “intend,” “belief,” “plan,” “estimate,” “target,” “predict,” “project,” “likely,” “will,” “continue,” “should,” “forecast,” “outlook,” “commit” or similar terminology. These statements are based on current estimates and assumptions made by us in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we believe are appropriate and reasonable under the circumstances, but there can be no assurance that such estimates and assumptions will prove to be correct. Forward-looking statements include, without limitation, statements regarding the future strategies, growth, business plans, investments, store openings, capital expenditures, dividend and share repurchase plans, CAGR for system sales, operating profit and EPS, earnings, performance and returns of Yum China, anticipated effects of population and macroeconomic trends, pace of recovery of Yum China’s business, the anticipated effects of our innovation, digital and delivery capabilities and investments on growth and beliefs regarding the long-term drivers of Yum China’s business. Forward-looking statements are not guarantees of performance and are inherently subject to known and unknown risks and uncertainties that are difficult to predict and could cause our actual results or events to differ materially from those indicated by those statements. We cannot assure you that any of our expectations, estimates or assumptions will be achieved. The forward-looking statements included in this press release are only made as of the date of this press release, and we disclaim any obligation to publicly update any forward-looking statement to reflect subsequent events or circumstances, except as required by law. Numerous factors could cause our actual results or events to differ materially from those expressed or implied by forward-looking statements, including, without limitation: whether we are able to achieve development goals at the times and in the amounts currently anticipated, if at all, the success of our marketing campaigns and product innovation, our ability to maintain food safety and quality control systems, changes in public health conditions, our ability to control costs and expenses, including tax costs, as well as changes in political, economic and regulatory conditions in China, and those set forth under the caption “Risk Factors” in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q). In addition, other risks and uncertainties not presently known to us or that we currently believe to be immaterial could affect the accuracy of any such forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. You should consult our filings with the Securities and Exchange Commission (including the information set forth under the caption “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q) for additional detail about factors that could affect our financial and other results.

About Yum China Holdings, Inc.

Yum China is the largest restaurant company in China with a mission to make every life taste beautiful. The Company has approximately 400,000 employees and operates over 15,000 restaurants under six brands across around 2,200 cities in China. KFC and Pizza Hut are the leading brands in the quick-service and casual dining restaurant spaces in China, respectively. In addition, Yum China has partnered with Lavazza to develop the Lavazza coffee concept in China. Little Sheep and Huang Ji Huang specialize in Chinese cuisine. Taco Bell offers innovative Mexican-inspired food. Yum China has a world-class, digitalized supply chain, which includes an extensive network of logistics centers nationwide and an in-house supply chain management system. Its strong digital capabilities and loyalty program enable the Company to reach customers faster and serve them better. Yum China is a Fortune 500 company with the vision to be the world’s most innovative pioneer in the restaurant industry. For more information, please visit http://ir.yumchina.com.

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SOURCE Yum China Holdings, Inc.

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Xevyte Establishes European Operations in Poland, Extending Its Global Delivery and Innovation Reach

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June 3, 2026

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BENGALURU, India, June 3, 2026 /PRNewswire/ — Xevyte, a global IT services and digital transformation company, has commenced business operations in Poland effective December 2025, marking its first European base and a milestone in its international growth strategy.

The Poland center will serve as both a delivery hub and an innovation center, supporting enterprises across Europe and globally across cloud transformation, data and AI, cybersecurity, digital engineering, and enterprise modernization. Poland’s engineering talent, mature technology ecosystem, and central position within the European Union make it the right foundation for Xevyte’s next phase of regional growth.

“Establishing operations in Poland is a deliberate and forward-looking decision,” said Karan Reddy, CEO, Xevyte. “As our clients accelerate their digital agendas, they are seeking partners who combine technical excellence with cultural alignment and operational resilience. Poland enables us to deliver on all three, while also investing in local talent and innovation.”

Xevyte will grow its local teams steadily, forge partnerships with academic institutions and innovation ecosystem partners, and contribute to Poland’s technology landscape — building a regional presence that creates value for clients and communities.

This expansion is part of a broader transformation at Xevyte. The company operates across India, the USA, Europe, and the UK, partnering with over 100 clients across BFSI, Healthcare, Manufacturing, Telecom, and Retail. Its services span Technology and Engineering, Cybersecurity, Infrastructure and Cloud, Digital Transformation, and GCC-as-a-Service.

Beyond delivery, Xevyte is building two proprietary platform businesses: an enterprise cybersecurity platform spanning identity governance, AI-driven endpoint protection, real-time threat monitoring, and automated security orchestration; and a unified workforce intelligence platform integrating HR, payroll, talent acquisition, collaboration, and performance into one system — giving organizations a single source of truth across people, operations, and communication.

Together, these moves signal a company executing on a larger vision: to be not just a services partner, but a technology company enterprises rely on to operate, secure, and grow.

About Xevyte

Xevyte is a global IT services and digital consulting company partnering with enterprises to drive transformation across cloud, data & AI, cybersecurity, and digital engineering. With a focus on measurable outcomes, Xevyte helps organizations modernize platforms, optimize operations, and unlock sustainable growth.

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WIN EURASIA 2026 to Showcase the Future of Manufacturing

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June 3, 2026

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ISTANBUL, June 3, 2026 /PRNewswire/ — WIN EURASIA 2026, one of the leading industrial trade fairs in the Eurasian region, is set to bring together the latest advancements in automation, artificial intelligence, industrial IoT, and 5G technologies under one roof. Taking place at the Istanbul Expo Center, Türkiye, from June 10–13, the 32nd edition of the fair will welcome industry professionals from around the world under the motto “Driven by Automation.”

Organized by Hannover Fairs Turkey, a subsidiary of Deutsche Messe AG, WIN EURASIA serves as a strategic platform connecting global manufacturing technologies with regional markets. As part of the broader HANNOVER MESSE portfolio, the event reflects Deutsche Messe’s vision of accelerating industrial transformation through innovation, connectivity, and international collaboration.

Spanning six halls across 55,000 square meters, WIN EURASIA 2026 is expected to host more than 500 exhibitors, country pavilions, and over 40,000 visitors. Alongside official country pavilions from Germany, China, Japan, and Italy, the trade fair will host exhibitors from 17 different countries including France, Spain, Canada, Denmark, Finland, Poland, Morocco, and Switzerland, will showcase cutting-edge solutions across automation, robotics, electrical and energy systems, digital factories, welding technologies, and smart manufacturing.

Positioned at the crossroads of Europe, the Middle East, North Africa, and Central Asia, Türkiye provides an ideal meeting point for manufacturers, technology providers, investors, and buyers seeking new business opportunities and regional market access. Beyond being a technology showcase, WIN EURASIA continues to strengthen its role as a regional trade and networking hub, creating new pathways for investment, sourcing, and strategic partnerships.

A key highlight of this year’s edition will be a series of experience-driven special areas designed to demonstrate how emerging technologies are transforming industrial operations in real time. For the first time, visitors will be able to explore the Industrial IoT Special Area and the Industrial Artificial Intelligence Special Area, where solutions such as predictive maintenance, AI-powered production optimization, smart sensors, real-time data monitoring, and connected manufacturing systems will be demonstrated through live applications.

Another new feature, the Maintenance and Repair Workshop Area, will focus on one of the industry’s most critical challenges: ensuring operational continuity and production efficiency. Through live demonstrations and expert-led sessions, professionals from sectors including automotive, energy, process industries, and heavy manufacturing will gain practical insights into advanced maintenance technologies and best practices.

Also, the Urban Steel Rockstars Networking Area, organized in cooperation with Urban Steel Rockstars, will connect international influencers and content creators specializing in welding technologies, creating a unique platform where industrial innovation meets digital engagement and global industry communities.

Complementing the exhibition, a four-day conference program will bring together industry leaders, technology experts, and decision-makers to discuss the future of manufacturing. Key topics will include industrial transformation, automation, digitalization, energy efficiency, and sustainable production, providing valuable insights into the trends shaping the next era of industry. Visitors can register free of charge via https://platform.win-eurasia.com/register/en 

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Contact: Nalan Kahraman, nalan.kahraman@hf-turkey.com, Tel. +90 5413454105

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SOURCE WIN EURASIA

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Quobly secures €115 million Series A to bring silicon-based quantum computers to market

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June 3, 2026

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GRENOBLE, France, June 3, 2026 /CNW/ — Quobly, a French quantum computing company, today announced the closing of a €115 million Series A financing to accelerate the industrialization of its silicon-based quantum computers and bring its first commercial product to market by the end of 2026.

The round is led by Bpifrance, SEALSQ and STMicroelectronics, with participation from the European Innovation Council (EIC Fund), Blast, ALIAD (Air Liquide Venture Capital) and existing investor Innovacom, bringing together leading industrial, sovereign and deeptech investors. Existing shareholders also include the CEA, CNRS, Quantonation and Supernova Invest. 
Long-time investor Bpifrance is participating through the Deep Tech 2030 fund, managed on behalf of the French government as part of the France 2030 initiative.This financing will support continued R&D, industrialization efforts and international commercial expansion.Quobly, bringing semiconductor-grade manufacturing and industrialization to quantum computing, plans to deploy its first commercial quantum computer through the cloud by the end of 2026 under its Alloy product line.

From technology validation to commercial deployment at scale

This Series A marks a key step in Quobly’s roadmap to industrial-scale quantum computing, transitioning from early validation to the production of its first commercial systems.

Alloy Pioneer, the first computer in Quobly’s Alloy product line, is designed for early adopters in high-performance computing and research environments. The system will be accessible through the cloud in 2026, before deployment within HPC infrastructures in 2027.

Quobly’s quantum computers are designed to integrate into existing HPC and data-center infrastructures, with a compatible footprint, power supply and utility requirements, enabling straightforward deployment. 
Alloy Pioneer is accessible through Alloy Forge, Quobly’s quantum application development environment, enabling users to develop and validate applications under realistic hardware constraints.

The company will in particular:

Increase the performance and scalability of its quantum computer product line,Accelerate the industrialization and scaling of its silicon quantum processors,Deploy its first Alloy systems into customer cloud and HPC environments.

These efforts will be supported by the continued expansion of Quobly’s hardware, control electronics and software stack, in line with its system-level co-design approach.

This Series A follows Quobly’s €19 million seed phase (2023-2025), during which the company demonstrated the feasibility of developing silicon qubits within semiconductor manufacturing processes, and established a system-level architecture integrating device, control and software layers.

Scaling quantum computing through semiconductor manufacturing

Quobly’s approach is based on the use of FD-SOI technology on 300 mm wafers, leveraging established semiconductor manufacturing processes to address key challenges in scalability, yield and reproducibility. The company develops silicon qubits designed for dense integration and compatibility with industrial fabrication standards.

As part of this strategy, Quobly leverages semiconductor-grade capabilities across the broader semiconductor ecosystem through strategic partnerships with industrial leaders including STMicroelectronics, Air Liquide, Soitec and Orano. These collaborations accelerate the transfer of Quobly’s quantum technologies into advanced manufacturing environments and support the industrial integration of process control, materials engineering, cryogenics and yield optimization from the earliest stages of deployment.

This industrial-first approach sets Quobly apart by prioritizing manufacturability and technology-system co-development.

Executive commentary

Maud Vinet, CEO and co-founder, Quobly
“This financing marks a transition from technology validation to industrial execution. Over the past two years, we have demonstrated that silicon qubits can be developed within semiconductor manufacturing processes and integrated into a system architecture. With this Series A, we are accelerating the deployment of our first commercial systems and building a quantum computing platform designed to integrate into existing computing infrastructures. Our objective is to make quantum computing deployable, scalable and usable within real industrial environments.”

Investor perspectives

Laurent Malier, Executive Vice President, Global Technology R&D, STMicroelectronics
“Quantum computing will achieve the scale needed by HPC customers only if breakthrough quantum systems can be industrialized and integrated with semiconductor-grade rigor and backed by a robust ecosystem. We are leveraging years of shared expertise in FD-SOI and deep technological collaboration to accelerate the commercialization of Quobly’s products thanks to a 300mm silicon fab environment. ST’s investment in Quobly further demonstrates our commitment to support its global ambitions.”

Gwenaël Hamon, Senior Investment Director, Bpifrance
“Our second investment in Quobly is fully in line with our ambition to support the emergence of sovereign technology champions. By choosing a quantum architecture compatible with established microelectronics industry standards, Quobly paves the way for the rapid and controlled industrialization of breakthrough technologies, an essential condition to ensure Europe’s strategic autonomy in quantum computing.”

Carlos Moreira, CEO, SEALSQ
“SEALSQ is proud to participate as a lead investor in Quobly’s Series A financing. This investment builds on the technical partnership initiated in 2025. By combining Quobly’s silicon-based quantum processors with SEALSQ’s post-quantum security technologies, this collaboration contributes to the development of secure quantum computing systems. It supports the development of trusted quantum systems for industrial and critical applications.”

Philippe Delmas, Chairman of the Board, Quobly
“Quobly represents a rare combination of breakthrough scientific capability and industrial execution discipline. The company is positioning itself at the intersection of quantum computing, semiconductor manufacturing and high-performance computing infrastructure, three strategic domains that will shape the next generation of computing technologies.”

Advisors
Financial advisors to Quobly were Avolta and Rochefort & Associés. Legal advisors to Quobly were Goodwin and Kelten. 
Legal advisors to investors included Bignon Lebray, Jones Day and Rimon Law. Financial advisory support was provided by Forvis Mazars. 
Bank financing partners included BNP Paribas, Bpifrance, Caisse d’Epargne Rhône-Alpes and Société Générale.

About Quobly
Visit our website and follow us on LinkedIn.

Contact media: marie.cabrieres@quobly.io

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SOURCE Quobly

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