Yum China will operate as a publicly traded company and become a franchisee of Yum Brands in mainland China, paying the parent a percentage of its sales for exclusive rights to three of the company's brands - KFC, Pizza Hut and Taco Bell.
Take context from the input text and decide on the accurate relationship between 'Yum Brands' and 'Pizza Hut' from the options provided.
Options: owner of, distribution format, chief executive officer, operator