These are all subsidiaries of the Ting Hsin International Group, but there is a more detailed division in terms of focusing on the business, which is in fact only a division of labor, and the operating income is counted in the parent company's accounts.
So as long as you eat a bucket of noodles with a bottle of iced tea at noon, the business of these three companies are taken care of.
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Ting Hsin International Group (Ting Hsin), the group is headquartered in Taipei City, Taiwan, Ting Hsin's predecessor was founded in 1958 in Changhua, Taiwan, Ting Hsin Oil Factory, began investing in the mainland in October 1988, and after 10 years of development, Ting Hsin After 10 years of development, the Group has invested a total of 1.2 billion U.S. dollars in the mainland, with 55 operating companies, 34 factories, 3 mass merchandisers, 31 quick-service restaurants and nearly 24,000 employees under its ****.
Topping New International Group's convenience food business segment has successively set up production bases in Tianjin, Guangzhou, Hangzhou, Wuhan, Chongqing, Xi'an, Chengdu and Shenyang, forming a regionalized production and sales pattern across the country, with an annual production capacity of nearly 5 billion packets of instant noodles. The Group is also involved in various business fields such as cakes and biscuits, beverages, cereals and oils, fast-food chains, large-scale mass retailers, Asahi Beer, Pepsi, etc. The range of products has grown to more than a hundred, and "Master Kong" pure water, tetra-pack beverages, Eight Treasure Porridge, and "3+2" sandwich cookies have been ranked among the best in China in terms of the number of products of the same type. Master Kong" brand has become synonymous with convenient food in the minds of consumers.
Public Welfare Activities
Top New has not forgotten to give back to the society even as it continues to grow. It actively cooperates with the national "Hope Project" by investing 10 million yuan to build 19 Hope Primary Schools, and cooperates with the Soong Ching Ling Foundation to create the "Top New Special Fund" to support cross-strait exchange activities for women and children, as well as the welfare of children and youth in China. Looking ahead, Top New has a long and rocky road ahead of it. We believe that with the help of friends from all walks of life who care about and love Top New, and with the support of consumers who love Master Kong's products, and with the principle of abiding by the law and the philosophy of "honesty, pragmatism, and innovation", as well as with the mindset of "Top New, Chinese Sentiment, and International Outlook", we are sure that Top New will be able to take on a world-class competitive stage, and that Master Kong will become a global brand of which the Chinese people can be proud.
This is the first time that we have seen the world's most popular brand.
"Master Kong" has long been a household name in China, with a brand value of about US$726 million. According to ACNielsen's December 2007 retail market research report, the Top New Group's instant noodles have a market share of 47%, with sales of more than 9.8 billion packages, and the "Fu Manchu" series of affordable noodles have further expanded into the rural market, making it the world's largest producer and seller. Tea drinks have also become the No. 1 brand of tea drinks in China, with a market share of 54.2% of sales, and the market share of juice drinks has reached 21.1%, the top three brands in the market, and the packaged water business has jumped to become the No. 1 brand in the country by virtue of a market share of 24.6%, and Changbaishan natural high-quality mineral water has also been oriented to the market; Master Kong's sandwich cookies have a market share of 25.6% in China, and rank second in the Chinese market. , ranking steadily in the second place in the Chinese market.