Taiwanese companies.

The well-known "Master Kong" is actually part of the Ting Hsin Group, formerly the Ding Hsin Oil Factory founded in Changhua, Taiwan in 1958.

Ting Hsin International Group is an enterprise group in Taiwan centered on food production and marketing. It was founded by four brothers, Wei Yingzhou, Wei Yingjiao, Wei Yingchong and Wei Yingxing, who were born in Yongjing, Changhua.

The well-known brands it owns include Master Kong, Dicos, Weichuan, FamilyMart, etc. At the same time, Ting Hsin is also involved in grain and oil, real estate, social welfare and other industries. The territory spans mainland China and Taiwan, China.

In 1988, 10 years after the mainland’s reform and opening up, the Wei brothers went to the mainland with NT$150 million to test the waters, but encountered initial setbacks. In 1992, the first bag of "Master Kong" braised beef noodles with the flavor of Taiwanese beef noodles was finally produced. Since then, it has become an instant hit. "Master Kong" instant noodles have gradually become a well-known convenience food. Later, the "Master Kong" brand expanded to cakes, beverages, bottled drinking water and other fields.

Disband the company in Taiwan

In October 2014, Taiwan prosecutors discovered a case in which Zhengyi Company, a subsidiary of Ting Hsin, mixed feed oil with edible lard, affecting hundreds of downstream food companies. enterprise.

After the problematic oil incident, Master Kong announced in October of that year that it would terminate the authorization of the "Master Kong" trademark for Taiwan Weiquan and withdraw its two instant noodle production lines in Taiwan. Weiquan also decided to completely stop The production of all noodles, including the vegetarian instant noodles service that we previously produced for Tzu Chi.

Although the problematic oil incident was later called an "own incident", the impact of the incident on Master Kong has already been caused, and the company's performance has been deteriorating.

According to the description of the above-mentioned personnel of Master Kong, after Master Kong terminated the authorization of the "Master Kong" trademark of Taiwan Weichuan, Taiwan Master Kong Company stopped related business.

Reference for the above content: Xinhuanet - Master Kong's response to the dissolution of Taiwan companies: Concentrate all efforts on the mainland market

Reference for the above content: China Taiwan Net - "Enter Taiwan-funded Enterprises" - —The famous website "Tingshifu" in Tianjin

Reference for the above content: Baidu Encyclopedia-Ting Hsin Group