Master Kong
 | |
| Company type | Privately owned company |
|---|---|
| Industry | Foods |
| Founded | 1991 |
| Headquarters | , |
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) |
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
- ^ a b "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)
- Companies listed on the Hong Kong Stock Exchange
- Food and drink companies established in 1991
- Companies based in Tianjin
- Privately held companies of China
- Food and drink companies of China
- Food and drink companies of Taiwan
- Multinational companies
- Chinese brands
- 1991 establishments in China
- Chinese companies established in 1991