Tingyi (Cayman Islands) Holding Corp. is a high-risk ESG company in the food products industry based in China. Specializing in instant noodles and RTD beverages, Tingyi is best known for its Master Kong brand. Since 1992, the company has been a major player in the Chinese market. In 2012, Tingyi formed a strategic partnership with PepsiCo, becoming the exclusive manufacturer and distributor of Pepsi's nonalcoholic drinks in China.