Master Kong Holdings Co., Ltd. (the "Company") and its subsidiaries (the "Group") are mainly engaged in the production and sales of instant noodles and drinks in China. The Group began to produce instant noodles in 1992 and expanded its business to convenient food and drinks since 1996; In March 2012, the Group further expanded its beverage business scope, completed its strategic alliance with PepsiCo's beverage business in China, and began to be solely responsible for manufacturing, filling, packaging, sales and distribution of PepsiCo's non-alcoholic beverages in China. At present, the main products of the Group have occupied a significant market position in the Chinese food market. According to Nielsen's data in December 2020, on the basis of sales volume, the Group's market share of instant noodles and ready to drink tea (including milk tea) in 2020 will be 43.7% and 43.6% respectively, which will keep the leading position in the market; The overall market share of fruit juice is 17.3%, ranking second in the market. According to the data of GlobalData in December 2020, PepsiCo's carbonated beverage sales in 2020 accounted for 33.4%, ranking second in the market. As a well-known national brand in China, "Master Kang" has been loved and supported by Chinese consumers after years of hard work and accumulation.
As the industry leader, Master Kang has the mission of leading the industry in food safety and quality assurance. The Group has constantly built and improved its management system, established a risk prevention management mechanism, implemented comprehensive control of food safety, ensured product quality and safety, and provided consumers with safe, delicious and healthy food.
The Group continues to improve its sales network all over the country, making new products more quickly and effectively enter the market, making the Group's products in the leading position in the industry. As of December 31, 2020, the Group had 365 business offices and 236 warehouses to serve 47898 dealers and 210366 direct retailers.
The Company was listed on the Stock Exchange of Hong Kong Limited in February 1996. As of December 31, 2020, the market value of the Company reached US $9.6 billion. At present, the Company is a component of MSCI China Index and Hang Seng China (Hong Kong listed) 100 Index.
In the future, the Group will continue to focus on the food manufacturing, marketing and distribution industries, and continue to strengthen the channel and sales system network, with the goal of establishing "the world's largest Chinese convenient food and beverage group".