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Nissin Foods Announces Price Revision in Mainland China, Effective 1 March 2022

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Wednesday, January 5, 2022
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HONG KONG, Jan 5, 2022 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods", and together with its subsidiaries, the "Group"; Stock code: 1475) will adjust the ex-factory price of its key instant noodle products in Mainland China, effective 1 March 2022.

Key Points: 
  • HONG KONG, Jan 5, 2022 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods", and together with its subsidiaries, the "Group"; Stock code: 1475) will adjust the ex-factory price of its key instant noodle products in Mainland China, effective 1 March 2022.
  • The most recent price adjustments by Nissin Foods on its instant noodles in Mainland China was over a decade ago in 2011.
  • Effective 1 March 2022, Nissin Foods will increase the ex-factory price of its key instant noodle products in Mainland China by a mid-single-digit percentage point on average.
  • The price adjustment will be applied to Cup Noodles, Demae Iccho (bag, cup and bowl types), Nissin Pasta, Raoh and so on.