Tingyi (Cayman Islands) Holding Corporation
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Privately owned company | |
Industry | Foods |
Founded | 1991 |
Headquarters | Tianjin, China |
Area served | China |
Key people | Chairman and CEO: Wei Ing-Chou |
Products | instant noodles, beverages, baked goods, soft drinks, bottled water |
Parent | Ting Hsin International Group |
Website |
Tingyi (Cayman Islands) Holding Corporation (Mainland China) Tingyi (Cayman Islands) Holding Corporation (Taiwan) |
![](../I/m/MasterKongCom_MrKonIceTea2.jpg)
Tingyi (Cayman Islands) Holding Corporation (simplified Chinese: 康师傅控股有限公司; traditional Chinese: 康師傅控股有限公司; pinyin: Kāng-shīfu Kònggǔ Yǒuxiàngōngsī; formerly (顶益(开曼岛)控股有限公司; 頂益(開曼島)控股有限公司; Dǐngyì(Kāimàn Dǎo) Kònggǔ Yǒuxiàngōngsī; SEHK: 322) is the largest instant noodle producer in China. It specialises in the production and distribution of instant noodles,[1] beverages, baked goods and soft drinks with its brand name, Master Kong (康師傅).[2][3] Its headquarters are in the Tianjin Economic-Technological Development Area in Binhai, Tianjin.[4]
History
The company was founded in Tianjin by the Wei brothers from Changhua County, Taiwan in 1991.[5] It was listed on the Hong Kong Stock Exchange in 1996.[6]
It is a wholly owned subsidiary of Ting Hsin International Group.[7][8]
In March 2011, Unilever was fined 2 million Yuan for the distribution of information about future price hikes and Tingyi was given a warning about publicly discussing their price increases.[9]
In June 2011, Master Kong[10] was found by market research firm TNS to be the second most valued brand in China.[11]
As of 2013, its main competitors are Want Want China and Uni-President.[1]
See also
References
- 1 2 "China's Tingyi Q1 profit falls 47 pct as sales slow". Reuters. 20 May 2013. Retrieved 2013-05-30.
- ↑ Tingyi, Japanese firms join up
- ↑ Tingyi, Cayman Islands Holding Corporation
- ↑ "联系我们." Master Kong. Retrieved on April 11, 2014. "总部地址:中国天津经济技术开发区第三大街15号"
- ↑ Tingyi to take on local instant noodle makers
- ↑ Tingyi (Cayman Islands) Holding Corp.
- ↑ "Tingyi Targets Up to 16% Growth on China Stimulus (Update1)". Bloomberg. 23 October 2009.
- ↑ http://www.taiwantoday.tw/ct.asp?xitem=52341&ctnode=413&mp=9
- ↑ "NDRC questions dairies - GlobalTimes". business.globaltimes.cn. 2011. Retrieved 19 May 2011.
- ↑ Wang, Joy (1 April 2011). "Unilever, Ting Hsin delay hike in China". Shanghi Daily and RetalInAsia.com. Retrieved 2013-05-30.
- ↑ The Wall Street Journal Scene Asia - Noodles and Electronics: Asia’s Most Valued
External links
- Tingyi (Cayman Islands) Holding Corporation (Mainland China)
- Tingyi (Cayman Islands) Holding Corporation (Taiwan)