Yum China Holdings, Inc. (YUMC.US) surged over 4% on Friday, reaching $44.42 per share. According to market analysts, unlike 2023's recovery which relied on short-term demand release driven by "low base effects and revenge consumption," the current restaurant industry recovery stems from deep supply-side adjustments. Inefficient capacity is being gradually cleared out, while leading brands are enhancing overall operational efficiency by optimizing their business models and refining single-store operations. Companies with sophisticated management capabilities are demonstrating clear competitive advantages. Yum China Holdings possesses supply chain advantages and refined operational capabilities that support stable profitability.