According to the information released by Master Kong Holdings, Japan Sanyo Food invested in Dingyi Holdings Co., Ltd. on 1999, and later changed its name to Master Kong. And in 2020, Sanyo Food acquired 33.48% equity of Master Kong Group, becoming the largest shareholder of the company, and mastered many key technologies of Master Kong instant noodles. The company is a private enterprise, not a state-owned enterprise.