Tingyi (Cayman Islands) Holding Corporation

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Tingyi (Cayman Islands) Holding Corporation
康師傅控股有限公司
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)
File:MasterKongCom MrKonIceTea2.jpg
Master Kong ice tea drinks
A packet of Master Kong instant noodles
File:Kang shifu beef noodle restaurant, Xiamen, China.JPG
A Master Kong beef noodle restaurant at Gulangyu, Xiamen

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 (simplified Chinese: 顶益(开曼岛)控股有限公司; traditional Chinese: 頂益(開曼島)控股有限公司; pinyin: 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 (Chinese: 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]

References

  1. ↑ 1.0 1.1 Lua error in package.lua at line 80: module 'strict' not found.
  2. ↑ Tingyi, Japanese firms join up
  3. ↑ Tingyi, Cayman Islands Holding Corporation
  4. ↑ "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"
  5. ↑ Tingyi to take on local instant noodle makers
  6. ↑ Tingyi (Cayman Islands) Holding Corp.
  7. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  8. ↑ http://www.taiwantoday.tw/ct.asp?xitem=52341&ctnode=413&mp=9
  9. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  10. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  11. ↑ The Wall Street Journal Scene Asia - Noodles and Electronics: Asia’s Most Valued

External links

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