"Master Kong" ice tea drinks
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 and Taiwanese enterprise in China. It specialises in the production and distribution of instant noodles, beverages, baked goods and soft drinks with its brand name, Master Kong (Chinese: 康師傅). Its headquarters are in the Tianjin Economic-Technological Development Area in Binhai, Tianjin.
The company was founded in Tianjin by the Wei brothers from Changhua County, Taiwan in 1991. It was listed on the Hong Kong Stock Exchange in 1996.
It is a wholly owned subsidiary of Ting Hsin International Group.
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.
In June 2011, Master Kong was found by market research firm TNS to be the second most valued brand in China (after Sony).
As of 2013, its main competitors are Want Want China and Uni-President.