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Organization: Tingyi
LEI 5299009MPI9B60VN4P25

Organization name
Tingyi (Cayman Islands) Holding Corp.
Country name
China
Country of registration
Cayman Islands
Industry
Food and Beverage Production
Bond debt
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Profile

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. It operates under four segments: instant noodles, beverages, bakery and others. The Company distributes its products throughout the People’s Republic of China through its sales network consisting of 548 sales offices and 89 warehouses serving 6,155 wholesalers and 73,282 direct retailers as of 31 December 2010. As of December 31, 2010, the Company held 17.16% interest in Wei Chuan Foods Corporation Limited (Wei Chuan). As of December 31, 2010, the Company held 15.44% interest in Kagome (Hangzhou) Food Co. Ltd. (Kagome Hangzhou).

Awards

News

25/08/2023 Moody's Investors Service affirms Tingyi at "A3" (LT- foreign currency credit rating); outlook stable
24/08/2023 Moody's affirms Tingyi's A3 ratings; outlook remains stable (Rating action commentary)
30/04/2021 Moody's Investors Service upgrades LT- foreign currency credit rating of Tingyi to "A3" from "Baa1"; outlook stable
29/04/2021 Moody's upgrades Tingyi's ratings to A3; outlook stable
13/07/2020 Moody's Investors Service revised outlook on Tingyi to positive and affirmed at "Baa1" (LT- foreign currency) credit rating
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Codes

  • LEI
    5299009MPI9B60VN4P25
  • SIC
    5149 Groceries and related products
  • CIK
    0001337154

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Macroeconomic Indicators - Tingyi

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