"My Way" revives and restores 15% of Max HP, then restores an additional 550 HP to the target fallen character with a 120-second cooldown. Like most foods, this can not target other players' characters in Co-Op Mode.
The Chinese name of the dish "Zì Yǒu Fāng Yuán" (Chinese: 「自有方圆」) probably means "Naturally There Shall Be Order," implying since she is devoted to protect the fairness of contracts and rules, she believes the order of the society will be peacefully maintained (see also the below proverb). It may therefore show Yanfei's respect for law and order.
Fāng-Yuán (Chinese: 方圆) literally means "squares and circles." There is a Chinese proverb "without a pair of compasses and a ruler, no one can form squares and circles." (Chinese: 没有规矩，不成方圆), a variation of a quote from the Confucian classic Mencius, written around the late 4th century BC. It figuratively means "without rules, there will be no order." It is entertaining that Yanfei cooked this dish as if she used a physical set of a pair of compasses and a ruler.
Alternatively, the Chinese name can mean "Private Rules" or "My Own Way" (close to the English name). The official recipe by miHoYo, however, says Yanfei drew an inspiration probably from a law book. Therefore it is more plausible that the name reflects her inclination toward the law, rather than her own personal beliefs.