The story
The company was founded in Tianjin by the Wei brothers from Changhua County, Taiwan in 1991. It was listed on the Hong Kong Stock Exchange in 1996.
It is owned 33.48% by Ting Hsin International Group and 33.48% by Sanyo Foods.
In March 2011, Unilever was fined 2 million Yuan for the distribution of information about future price hikes and Tingyi was given a warning about publicly discussing their price increases.
In June 2011, Master Kong was recognized by market research firm, TNS, to be the second most valued brand in China.
As of 2013, its main competitors are Want Want China and Uni-President.
In 2014, Master Kong was facing a food safety problem in Taiwan. In 2015, Master Kong stopped distributing its instant noodles in Taiwan. The group's board of directors has approved a plan to completely withdraw from the Taiwanese market.
From Wikipedia’s article on Master Kong, shared under CC BY-SA 4.0.4