Master Kong, operating under the banner of parent company Tingyi Holdings, specializes in the production of instant noodles and beverages. The group began producing noodles in 1992, expanded into food and beverages in 1996 and in 2012 strengthened these activities thanks to a strategic alliance with PepsiCo China. Tingyi operates over 500 offices and 70 warehouses to serve its customer base, which is primarily outlet dealers and direct retailers.
The company ranks 154th in the restaurants and food service segment, situating itself in the midrange compared to its peers. Tingyi Holding shows a lack of commitment across most topics covered in the benchmark. The company can improve its performance across the board by strengthening its governance structure for sustainable development strategy, in particular by engaging with stakeholders, which could in turn, help it set time-bound targets where it can have the most impact.
More about the company
- Shanghai, China
- Food and agriculture revenue USD
- Group revenue USD
- Onwnership structure
- Publicly listed
- Number of employees