Tingyi (Cayman Islands) Holding Corporation
Encyclopedia
Tingyi Holding Corporation , formerly is the largest instant noodle producer and Taiwan
ese 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 .
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 of 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 of 2011, Master Kong was found by market research firm TNS to be the second most valued brand in China (after Sony
).
Taiwan
Taiwan , also known, especially in the past, as Formosa , is the largest island of the same-named island group of East Asia in the western Pacific Ocean and located off the southeastern coast of mainland China. The island forms over 99% of the current territory of the Republic of China following...
ese enterprise in China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
. It specialises in the production and distribution of instant noodles, beverages, baked goods and soft drinks with its brand name, Master Kong .
The company was founded in Tianjin
Tianjin
' is a metropolis in northern China and one of the five national central cities of the People's Republic of China. It is governed as a direct-controlled municipality, one of four such designations, and is, thus, under direct administration of the central government...
by the Wei brothers from Changhua County
Changhua County
Changhua County is the smallest county in Taiwan located on the westside of Taiwan. It is officially governed as a county of the Republic of China .-Urban townships:# Beidou Township # Erlin Township...
, Taiwan
Taiwan
Taiwan , also known, especially in the past, as Formosa , is the largest island of the same-named island group of East Asia in the western Pacific Ocean and located off the southeastern coast of mainland China. The island forms over 99% of the current territory of the Republic of China following...
in 1991. It was listed on the Hong Kong Stock Exchange
Hong Kong Stock Exchange
The Hong Kong Stock Exchange is a stock exchange located in Hong Kong. It is Asia's third largest stock exchange in terms of market capitalization behind the Tokyo Stock Exchange and the Shanghai Stock Exchange and fifth largest in the world...
in 1996.
It is a wholly owned subsidiary of Ting Hsin International Group.
In March of 2011, Unilever
Unilever
Unilever is a British-Dutch multinational corporation that owns many of the world's consumer product brands in foods, beverages, cleaning agents and personal care products....
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 of 2011, Master Kong was found by market research firm TNS to be the second most valued brand in China (after Sony
Sony
, commonly referred to as Sony, is a Japanese multinational conglomerate corporation headquartered in Minato, Tokyo, Japan and the world's fifth largest media conglomerate measured by revenues....
).