Is Jinding Food a subsidiary of Master Kong?

Jinding Food is a subsidiary of Master Kong. Hangzhou Jinding Food Co., Ltd., a subsidiary of Master Kong Holdings, was established on 1994. Hangzhou Jinding Food Co., Ltd. is the first beverage company established by Master Kong in China with a registered capital of US$ 87.95 million and an annual turnover of over 5 billion. Responsible for the production and sales of Kangshifu drinks in East China. The main products are Kangshifu series tea drinks (iced black tea, iced green tea, etc. ), rock sugar series and mineral water. Master Kong, formerly known as Grease Industry Co., Ltd., was founded by the father of four Wei brothers on 1958. The company began to produce instant noodles from 1992, and expanded its business to convenience foods and drinks from 1996. It was listed on the Stock Exchange of Hong Kong Limited on February, 2002 1996, and the company name began on July 5, 2002.