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.
Utilize the input text as a context reference, choose the right relationship between 'Yum Brands' and 'Pizza Hut' from the options.
Options: distribution format, operator, chief executive officer, owner of