The Chinese food and beverage firm Master Kong has published its annual financial report for 2009, stating that its operating revenue increased by 18.9% year-on-year to USD5.08 billion; however, the company saw the lowest growth since 2004.

Tingyi (Cayman Islands) Holding Corporation, which owns the Master Kong brand, has published its financial results for the third quarter of 2009 stating that its net profit increased by 60%, a record-high growth for an individual quarter.

Tingyi (Cayman Islands) Holding Corporation, a subsidiary of the Taiwan Ting Hsin International Group, and the owner of the Master Kong brand, has published a report and stating that the company plans to be listed in Taiwan.

According to COFCO, the restructuring of its newly acquired instant noodle company Wugudaochang is basically completed and its Beijing plant is expected to resume production in August 2009.

The Beijing-based instant noodle maker Wugudaochang has submitted a bankruptcy restructuring application to Beijing Fangshan People's Court.