Tingyi (Cayman Islands) Holding Corp, headquartered in Tianjin, the People's Republic of China (the "PRC"), and its subsidiaries specialize in the production and distribution of instant noodles, beverages and baked goods in the PRC. The Company and its subsidiaries started its instant noodle segment in 1992, and expanded into the bakery segment and beverage segment in 1996. The Group's three main product segments have established leading market shares in certain segments of the PRC's food industry. According to ACNielsen SCAN TRACK EXPRESS, based on sales, in December 2006, the Group was the market leader in instant noodles, ready-to-drink ("RTD") teas and sandwich crackers, gained 43.3%, 53.6% and 22.2% market share respectively. The Group is best known in the PRC for its "Master Kong" brand name which appears on the packaging of most of its products. The Group believes that "Master Kong" is one of the most recognized consumer brand names in the PRC. The Group distributes its products throughout the PRC through its extensive sales network consisting of 437 sales offices and 80 warehouses serving 5,490 wholesalers and 73,392 direct retailers as of 31 December 2006. The Group believes that this extensive sales network is a significant contributor to the Group's leading market shares and it enables the Group to rapidly and successfully introduce new products. Focused on the development of the Group by concentrating its resources in food circulation business, the Group will continue to strengthen its logistics and sales system in the PRC, to realize its dream of setting up "The biggest Group for Chinese Instant Food & Beverage in the World". The Group was listed on the Stock Exchange of Hong Kong Limited in February 1996. Each of the Company's major shareholders Ting Hsin (Cayman Islands) Holding Corp. and Sanyo Foods Co., Ltd. holds a 33.1889% equity interest respectively in the Company. Market capitalization as at 31 December 2006 was US$5.45 billion. The Company is a constituent stock of British's FTSE All-World Asia Pacific Ex-Japan Index(Source: Company Website)
Web site: http://www.tingyi.com/
Last updated May 7, 2008
Noodles
tingyi.com