Ting Hsin International Group
| Ting Hsin International Group
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| founding | 1996 (originally 1958) |
| Seat | Taipei , Taiwan |
| management | Wei Ing-Chou, Wei Yingjiao, Wei Ying-chun, Wei Yingxing |
| Branch | Food, Real Estate and Telecommunications. |
| Website | tinghsin.com |
The Ting Hsin International Group ( Chinese 頂 新 國際 集團 , Pinyin Dǐnxīn Guójì Jítuán ) is a company from Taiwan . The family business is the largest dry pasta manufacturer in all of China, the group now deals with real estate and telecommunications in addition to food in general.
history
Ting Hsin International Group was founded in 1958 in Yongjing , Changhua , Taiwan by the Wei family. The original company was the Dingxin Edible and Industrial Oil Factory, renamed the Top New Oil Company in 1974 , for the production of industrial castor oil. As early as 1989 there was a branch in Beijing in the People's Republic.
In 1991, the Wei brothers started producing ready meals, and in 1992 the Tianjin Ding Yi International Food Company (Dicos) fast food chain and the Master Kong brand (Tingyi Holding Corporation) were founded. The actual group holding company, Ting Hsin International , was established in 1996. In 2001, Wei Chuan Foods Corp. was established. in Hangzhou . As of 2005, the oil division traded as Cheng I Group Co.
In 2009, Ting Hsin became the largest private shareholder in Taipei Financial Center Corporation , to which Taipei 101 belongs. In 2012 a strategic alliance was started with PepsiCo , the Chinese bottling of Pepsi products was handed over to Tingyi-Asahi Beverages Holding Co. , a joint venture with the Japanese group Asahi Breweries , in exchange for a 5% share in Ting Hsin International . The group also owns a 52% majority in Taiwan Star Telecom , and China Network Systems since 2014 .
In 2013/14, Ting Hsin International and its subsidiary Ting Hsin Oil and Fat Industrial Co. came under fire because they were involved in the food scandal in Taiwan over feed and used cooking oils (gutter oil) that were redeclared as edible oil and contaminated. This practice is said to have been common since 2007. In 2016, after previous acquittals, Wei Ying-chung was sentenced to four years in prison, and the sentence was reduced to two years on appeal.
Companies and brands
- Master Kong / Kangshifu (Tingyi)
- Wei-Chuan Food Corporation
- Family Mart , chain store in mainland China (approx. 800)
- Dicos , Western Fast Food Restaurants, (Tianjin Ding Qiao Food Service, approx. 1200)
Web links
- Company website (tinghsin.com) .
- The Rise of the Brothers Wei. Jimmy Hsiung in CommonWealth Magazine , vol. 487, December 22, 2011 (online, English).
Individual evidence
- ↑ a b The China Dream. Interview with Wei Ing-Chou, in: Inline Magazine , sidel.com, undated
- ↑ a b c d Weblink Hsiung in CommonWealth , 2011.
- ^ Ting Hsin International interested in more of TFCC , Taipei Times. July 9, 2009. Retrieved August 24, 2014.
- ^ Ting Hsin Group agrees to buy CNS , Taipei Times. August 25, 2014.
- ^ Executive Arrested in Taiwan Cooking Oil Scandal. Marco Marino in Olive Oil World , October 24, 2014.
- ↑ a b Ting Hsin former chairman jailed in oil scandal. In: focustaiwan.tw , July 28, 2017-
- ↑ Wei Ying-chun found not guilty . In: Taipei Times . Retrieved November 29, 2015.
- ↑ EDITORIAL: Evidence required for fair verdicts . In: Taipei Times . Retrieved November 29, 2015.