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Business Description
Tingyi (Cayman Islands) Holdings Corp. is an investment holding company. The Company, along with its subsidiaries, specializes in the production and distribution of instant noodles, beverages and baked goods in the People’s Republic of China (PRC). The Company operates through four business segments: instant noodles, beverages, instant food and others. Its instant noodles segment provides bowl noodles, packet noodles and fried crispy noodles with pickled series, Lu Xiang series and others. Its beverages segment provides diluted juices, carbonated drinks, ready-to-drink (RTD) tea, bottled water, fruit juice drinks, milk tea and others under the brand name of Master Kong, Pepsi, Tropicana, Mirinda and others. Its instant food segment provides sandwich crackers, muffins, egg rolls and leisure puffed food made of potatoes, among others. The Company mainly distributes its products in the PRC through its sales network serving wholesalers and direct retailers.