Master Kong is from China.

In fact, Master Kong is still a Chinese enterprise. The largest shareholder is Taiwan's Ting Hsin International Group, which is still controlled by Chinese people, but there are indeed Japanese investors in it. This share accounts for about 33.18, which belongs to Sanyo Food Co., Ltd. of Japan; and the largest shareholder is Ting Hsin (Cayman Islands) Holdings Co., Ltd., with a shareholding of 33.27. Therefore, strictly speaking, Master Kong is still a Chinese company, but it is no longer "pure". Japanese capital has been injected into the company's blood!

Tingyi Holdings Co., Ltd. (Tingyi Company) is mainly engaged in the production and sales of instant noodles, beverages, pastries and related supporting industries in China. On November 25, 2008, Master Kong issued an announcement stating that it would sell 9.999 shares of Beverage Holdings Co., Ltd. to the company's major shareholder at a price of US$2.8 (approximately HK$21.84). Tingyi will grant transfer exemption. As a result, Ting Hsin took back Master Kong's beverages and took control of the equity.

Introduction to Master Kong:

Master Kong Holdings Co., Ltd. (referred to as Master Kong or Master Kong Company) is mainly engaged in the production and sales of instant noodles, beverages, pastries and related supporting industries in China. At the end of March 2012, the strategic alliance between Master Kong and PepsiCo was approved by the Ministry of Commerce. Starting from January 1, 2015, Master Kong Holdings Co., Ltd. announced that Wei Yingzhou, the founder of Ting Hsin Group who created the Master Kong brand, has officially retired from his position.

Wei Junxian serves as CEO of the group’s food business and has been appointed to succeed Wei Yingzhou as CEO. The appointment will take effect on January 1, 2015. Wei Yingzhou will continue to serve as chairman of the board of directors and will be mainly responsible for the group's overall development strategic planning and senior team planning. Ting Hsin Group confirmed that Tingyi Taiwan will be disbanded on January 1, 2017.

Master Kong is not Japanese. There are indeed Japanese investments in Master Kong, but they are purely commercial investments. Master Kong's current largest shareholder is Ting Hsin (Cayman Islands) Holdings Co., Ltd., with a shareholding of 33.27, followed by Japan's Sanyo Foods Co., Ltd., with a share of 33.18. The largest individual shareholder is Wei Yingzhou, founder of Master Kong brand, with a shareholding of 0.4, and the remaining 33.15 Shares are held by the public. Master Kong is not Japanese. Tingyi Holdings Limited was listed on the Stock Exchange of Hong Kong Limited in February 1996. There are indeed Japanese investments in Master Kong, but they are purely commercial investments. Currently, the largest shareholder is Ting Hsin (Cayman Islands) Holdings Co., Ltd., with a shareholding of 33.27, followed by Japan's Sanyo Foods Co., Ltd., with a share of 33.18. The largest individual shareholder is Wei Yingzhou, founder of Master Kong brand, with a share of 0.4, and the remaining 33.15 shares. held by the public. On November 25, 2008, Master Kong Holdings announced that AIB, a joint venture between the company's shareholders Asahi Beer and Itochu, sold approximately 9.999 equity interests in Master Kong Beverage Holdings to Ting Hsin, the company's main shareholder, for US$280 million (approximately HK$2.184 billion). Tingyi will grant an exemption in relation to the transfer. As a result, Ting Hsin regained control of Master Kong Beverages.