Master Kong

Tingyi (Cayman Islands) Holding Corp.: Fundamentals Demonstrated Resilience in the First Half of 2023, with Scale Advantages Supporting Product Innovation and Channel Expansion

Retrieved on: 
Wednesday, August 23, 2023
Drink, Research, Government, Growth, Health, Convenience food, Master Kong

The Company's fundamentals demonstrated exceptional resilience, with sustained growth in its two primary business lines of instant noodles and beverages.

Key Points: 
  • The Company's fundamentals demonstrated exceptional resilience, with sustained growth in its two primary business lines of instant noodles and beverages.
  • Revenue from instant noodles increased by 2.97% year-on-year, while revenue from beverages increased by 9.50% year-on-year.
  • The gross profit margin increased to 30.47%, up 2.25 percentage points year-on-year.
  • We will continue to invest in product research and development, brand building and channel expansion, maintaining a long-term perspective.

Xinhua Silk Road: Master Kong wins 2021 Hong Kong Corporate Governance and ESG Excellence Award

Retrieved on: 
Tuesday, January 18, 2022
City, Hong Kong Baptist University, Corporate governance, ESG, UN, Carbon, United Nations, Happiness, Sustainable development, COVID-19, Philosophy, Company, Social, United Nations Development Programme, Center, CEO, Social responsibility, United Nations Global Compact, Biophysical environment, Human resource policies, Food, Goal, Sustainable Development Goals, Hospital, China International Import Expo, Management, Tutoring, Award, Master Kong

BEIJING, Jan. 18, 2022 /PRNewswire/ --Chinese food and beverage giant Master Kong, also known as Tingyi Holding Corp., has recently won the Hong Kong Corporate Governance and Environmental, Social and Governance (ESG) Excellence Award 2021 for excellent ESG performance.

Key Points: 
  • BEIJING, Jan. 18, 2022 /PRNewswire/ --Chinese food and beverage giant Master Kong, also known as Tingyi Holding Corp., has recently won the Hong Kong Corporate Governance and Environmental, Social and Governance (ESG) Excellence Award 2021 for excellent ESG performance.
  • After being selected as an outstanding case in a report issued by the United Nations Development Programme, Master Kong has become a participant of the United Nations Global Compact.
  • Besides, the company believes that solid corporate governance plays a vital role in advancing the company's long-term development and shining its corporate value," said Ms. TSENG Chien, executive director of Master Kong.
  • Inaugurated in 2007, the Awards, designed to encourage improvement in corporate governance and ESG of listed companies in Hong Kong, are conferred annually by the Chamber of Hong Kong Listed Companies and the Centre for Corporate Governance and Financial Policy , Hong Kong Baptist University.

Chinese food and beverage giant Master Kong sees shares post biggest intraday gain in a decade

Retrieved on: 
Tuesday, September 8, 2020
Food and drink, Chinese cuisine, Master Kong, Companies, Chinese culture, Instant noodle, Noodle, Hong Kong

BEIJING, Sept. 08, 2020 (GLOBE NEWSWIRE) -- Chinese food and beverage giant Master Kong, also known as Tingyi Holding Corp., achieved revenue of 32.93 billion yuan in the first half of this year, up 8 percent year on year.

Key Points: 
  • BEIJING, Sept. 08, 2020 (GLOBE NEWSWIRE) -- Chinese food and beverage giant Master Kong, also known as Tingyi Holding Corp., achieved revenue of 32.93 billion yuan in the first half of this year, up 8 percent year on year.
  • The company's robust performance is of great significance in showing direction for the food and beverage industry under the uncertainty brought by the epidemic.
  • Boosted by the news, the company's shares surged as much as 16.67 percent during its trading on the Hong Kong Stock Exchange on August 25, marking the biggest intraday gain since May 2010, with the share price hitting a two-year high.
  • In instant noodles alone, Master Kong offers dozens of flavors to cater to regional taste buds.

Xinhua Silk Road: Master Kong signs agreement with CSF to launch space instant food

Retrieved on: 
Monday, September 7, 2020
Food and drink, Master Kong, Companies, Instant noodle, Space Foundation, Noodle, Chinese culture

Chinese food and beverage giant Master Kong, also known as Tingyi Holding Corp., on Wednesday signed an agreement with China Space Foundation (CSF) to launch China's first kind of space instant noodles.

Key Points: 
  • Chinese food and beverage giant Master Kong, also known as Tingyi Holding Corp., on Wednesday signed an agreement with China Space Foundation (CSF) to launch China's first kind of space instant noodles.
  • The launch of space instant noodles is just a start.
  • Master Kong vows to continue to enhance the connection between young people and space through the popularization of space science and to inspire young generations to explore and innovate.
  • It will promote the application of space science and technology by deepening industry-university-research cooperation, continue to support China's space industry.

Global Instant Noodles Industry

Retrieved on: 
Monday, June 25, 2018
Food and drink, Noodles, Chinese cuisine, Japanese noodles, Instant noodle, Tingyi (Cayman Islands) Holding Corporation, Ramen, Master Kong, Nissin Foods

China: Following Years of Strong Growth, Sales of Instant Noodles on a Decline

Key Points: 
  • China: Following Years of Strong Growth, Sales of Instant Noodles on a Decline
    Table 2: Leading Brands in the Global Instant Noodles Market (2015): Percentage Breakdown of Sales for Nissin, Tingyi Master Kong and Others (includes corresponding Graph/Chart)
    How Instant Ramen Traversed the Mighty Oceans & Continents?