Misplaced Pages

Ting Hsin International Group

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.

Ting Hsin International Group ( Chinese : 頂新國際集團 ; pinyin : Dǐngxīn Guójì Jítuán ) is a Taiwanese -owned corporate group established in 1958. It owns various food brands such as the instant noodle maker Master Kong , Wei-Chuan Food Corporation and Dicos .

#747252

31-579: The company was founded in 1958. In July 2009, it became the largest private shareholder in Taipei Financial Center Corporation , which owns Taipei 101 . The company is owned by the Wei family of Taiwan, and in 2009, was the largest maker of instant noodles in China. The company in 2014 was run by four of the Wei brothers. In 2014, the company announced it would no longer produce cooking oil after

62-584: A retronym applied to non-simplified character sets in the wake of widespread use of simplified characters. Traditional characters are commonly used in Taiwan , Hong Kong , and Macau , as well as in most overseas Chinese communities outside of Southeast Asia. As for non-Chinese languages written using Chinese characters, Japanese kanji include many simplified characters known as shinjitai standardized after World War II, sometimes distinct from their simplified Chinese counterparts . Korean hanja , still used to

93-564: A Taiwanese corporation or company is a stub . You can help Misplaced Pages by expanding it . Traditional Chinese characters Traditional Chinese characters are a standard set of Chinese character forms used to write Chinese languages . In Taiwan , the set of traditional characters is regulated by the Ministry of Education and standardized in the Standard Form of National Characters . These forms were predominant in written Chinese until

124-531: A cable provider, from MBK Partners , Limited. To further stem losses in 2015, the company approved the sale of its Matsusei supermarket chain. After the food safety scandal, the share of the Ting Hsin International Group subsidiary Wei Chuan, known for its milk brand, increased from holding 40 to 25 percent of the local milk market. The division said it was considering about increasing operations in China that year, in 2017. In 2017, it began building

155-503: A certain extent in South Korea , remain virtually identical to traditional characters, with variations between the two forms largely stylistic. There has historically been a debate on traditional and simplified Chinese characters . Because the simplifications are fairly systematic, it is possible to convert computer-encoded characters between the two sets, with the main issue being ambiguities in simplified representations resulting from

186-562: A new plant in China. After controversy concerning food dilution, on 3 January 2017, Ting Hsin announced that its board of directors had dissolved the company's affiliate manufacturer of instant noodles, Master Kong (Taiwan) Foods Co., Ltd. Master Kong was entirely dissolved, withdrawing from production in Taiwan. FamilyMart sued to end its partnership with Ting Hsin in 2019, which would end a 15-year joint venture. Ting Hsin International Group

217-505: A request to detain Wei Ying-chung on 17 October. On 21 October, prosecutors said according to Ting Hsin's Vietnamese oil supplier Dai Hanh-Phuc 戴幸福, the majority of animal feed-grade oil imported by Ting Hsin may be used in the China market. In response, consumers in China called for a united boycott against Ting Hsin products. In November 2014, Ting Hsin's products were tested for Agent Orange since an unnamed source told authorities that

248-584: A tainted oil scandal. Several former executives were indicted later that year, including former chairman Wei Ying-chung. In 2014 not only did it suspend operations at Ting Hsin Oil and Fat, but also Cheng I Food Co Ltd. The company Wei Chuan, which was Taiwan's second-largest manufacturer of food then, face share value drops after the parent company apologized for food safety lapses. In 2014, Ting Hsin International Group said it would sell its Taipei Financial Center Corporation shares to raise cash for around $ 770 million. Over

279-574: A two-year prison term for another fraud charge in July 2017. In 2018, the Taiwan High Court in Taichung overturned the 2015 verdict and sentenced Wei to 15 years in jail. Taipei Financial Center Corporation The Taipei Financial Center Corporation ( Chinese : 臺北金融大樓公司 ; pinyin : Táiběi Jīnróng Dàlóu Gōngsī ) is a Taiwanese company notable for its ownership of Taipei 101 . Lendlease

310-850: Is 産 (also the accepted form in Japan and Korea), while in Hong Kong, Macau and Taiwan the accepted form is 產 (also the accepted form in Vietnamese chữ Nôm ). The PRC tends to print material intended for people in Hong Kong, Macau and Taiwan, and overseas Chinese in traditional characters. For example, versions of the People's Daily are printed in traditional characters, and both People's Daily and Xinhua have traditional character versions of their website available, using Big5 encoding. Mainland companies selling products in Hong Kong, Macau and Taiwan use traditional characters in order to communicate with consumers;

341-503: Is the third of four Wei brothers controlling the Ting Hsin group. On 9 October 2014, prosecutors launched an investigation into the 2014 Taiwan food scandal alleging a unit of Ting Hsin International Group over sale of tainted cooking oil. Prosecutor Tsai Lee-yee (蔡麗怡) said Ting Hsin unit Cheng-Yee Food Co. (正義股份有限公司) was investigated over allegedly mixing animal feed oil with cooking oil and then selling it for human consumption. After

SECTION 10

#1732868803748

372-483: The Chinese Commercial News , World News , and United Daily News all use traditional characters, as do some Hong Kong–based magazines such as Yazhou Zhoukan . The Philippine Chinese Daily uses simplified characters. DVDs are usually subtitled using traditional characters, influenced by media from Taiwan as well as by the two countries sharing the same DVD region , 3. With most having immigrated to

403-622: The Shanghainese -language character U+20C8E 𠲎 CJK UNIFIED IDEOGRAPH-20C8E —a composition of 伐 with the ⼝   'MOUTH' radical—used instead of the Standard Chinese 嗎 ; 吗 . Typefaces often use the initialism TC to signify the use of traditional Chinese characters, as well as SC for simplified Chinese characters . In addition, the Noto, Italy family of typefaces, for example, also provides separate fonts for

434-547: The People's Republic of China, traditional Chinese characters are standardised according to the Table of Comparison between Standard, Traditional and Variant Chinese Characters . Dictionaries published in mainland China generally show both simplified and their traditional counterparts. There are differences between the accepted traditional forms in mainland China and elsewhere, for example the accepted traditional form of 产 in mainland China

465-571: The United States during the second half of the 19th century, Chinese Americans have long used traditional characters. When not providing both, US public notices and signs in Chinese are generally written in traditional characters, more often than in simplified characters. In the past, traditional Chinese was most often encoded on computers using the Big5 standard, which favored traditional characters. However,

496-493: The inverse is equally true as well. In digital media, many cultural phenomena imported from Hong Kong and Taiwan into mainland China, such as music videos, karaoke videos, subtitled movies, and subtitled dramas, use traditional Chinese characters. In Hong Kong and Macau , traditional characters were retained during the colonial period, while the mainland adopted simplified characters. Simplified characters are contemporaneously used to accommodate immigrants and tourists, often from

527-725: The mainland. The increasing use of simplified characters has led to concern among residents regarding protecting what they see as their local heritage. Taiwan has never adopted simplified characters. The use of simplified characters in government documents and educational settings is discouraged by the government of Taiwan. Nevertheless, with sufficient context simplified characters are likely to be successfully read by those used to traditional characters, especially given some previous exposure. Many simplified characters were previously variants that had long been in some use, with systematic stroke simplifications used in folk handwriting since antiquity. Traditional characters were recognized as

558-682: The majority of Chinese text in mainland China are simplified characters , there is no legislation prohibiting the use of traditional Chinese characters, and often traditional Chinese characters remain in use for stylistic and commercial purposes, such as in shopfront displays and advertising. Traditional Chinese characters remain ubiquitous on buildings that predate the promulgation of the current simplification scheme, such as former government buildings, religious buildings, educational institutions, and historical monuments. Traditional Chinese characters continue to be used for ceremonial, cultural, scholarly/academic research, and artistic/decorative purposes. In

589-975: The merging of previously distinct character forms. Many Chinese online newspapers allow users to switch between these character sets. Traditional characters are known by different names throughout the Chinese-speaking world. The government of Taiwan officially refers to traditional Chinese characters as 正體字 ; 正体字 ; zhèngtǐzì ; 'orthodox characters'. This term is also used outside Taiwan to distinguish standard characters, including both simplified, and traditional, from other variants and idiomatic characters . Users of traditional characters elsewhere, as well as those using simplified characters, call traditional characters 繁體字 ; 繁体字 ; fántǐzì ; 'complex characters', 老字 ; lǎozì ; 'old characters', or 全體字 ; 全体字 ; quántǐzì ; 'full characters' to distinguish them from simplified characters. Some argue that since traditional characters are often

620-448: The middle of the 20th century, when various countries that use Chinese characters began standardizing simplified sets of characters, often with characters that existed before as well-known variants of the predominant forms. Simplified characters as codified by the People's Republic of China are predominantly used in mainland China , Malaysia, and Singapore. "Traditional" as such is

651-511: The next three years, the company had difficulty selling its TFCC holdings, with Blackstone Group talks not ending fruitfully, and the Taiwanese Ministry of Finance voting against a deal with a Malaysian investment company. Sometime around 2018 ITOCHU purchased 37% of Taipei Financial Center Corporation, which it spent US$ 670 on. A new chairman, Jason Lee, was appointed in 2014. In August 2014, Ting Hsin acquired China Network Systems (CNS),

SECTION 20

#1732868803748

682-665: The official script in Singapore until 1969, when the government officially adopted Simplified characters. Traditional characters still are widely used in contexts such as in baby and corporation names, advertisements, decorations, official documents and in newspapers. The Chinese Filipino community continues to be one of the most conservative in Southeast Asia regarding simplification. Although major public universities teach in simplified characters, many well-established Chinese schools still use traditional characters. Publications such as

713-494: The oil Ting Hsin imported from Vietnam may contain traces of the herbicidal weapon. In November 2015, six former managers of Ting Hsin International Group, including former executive Wei Ying-chung, were found not guilty of breaching the Act Governing Food Safety and Sanitation by selling substandard lard-based cooking oil. The verdict attracted immediate criticism from both the public and politicians. Wei began serving

744-700: The original standard forms, they should not be called 'complex'. Conversely, there is a common objection to the description of traditional characters as 'standard', due to them not being used by a large population of Chinese speakers. Additionally, as the process of Chinese character creation often made many characters more elaborate over time, there is sometimes a hesitation to characterize them as 'traditional'. Some people refer to traditional characters as 'proper characters' ( 正字 ; zhèngzì or 正寫 ; zhèngxiě ) and to simplified characters as 簡筆字 ; 简笔字 ; jiǎnbǐzì ; 'simplified-stroke characters' or 減筆字 ; 减笔字 ; jiǎnbǐzì ; 'reduced-stroke characters', as

775-491: The revelations, the Taiwan public boycotted Ting Hsin items, with a number of local governments, restaurants, traditional markets and schools refusing to consume the conglomerate's products. On 16 October 2014, Ting Hsin announced that it will leave Taiwan's oil market and donate NT$ 3 billion toward food safety under the supervision of Juantai Financial Group (潤泰集團) Chairman Yin Yen-liang ( 尹衍樑 ). The Changhua District Court granted

806-578: The traditional character set used in Taiwan ( TC ) and the set used in Hong Kong ( HK ). Most Chinese-language webpages now use Unicode for their text. The World Wide Web Consortium (W3C) recommends the use of the language tag zh-Hant to specify webpage content written with traditional characters. In the Japanese writing system , kyujitai are traditional forms, which were simplified to create shinjitai for standardized Japanese use following World War II. Kyūjitai are mostly congruent with

837-970: The traditional characters in Chinese, save for minor stylistic variation. Characters that are not included in the jōyō kanji list are generally recommended to be printed in their traditional forms, with a few exceptions. Additionally, there are kokuji , which are kanji wholly created in Japan, rather than originally being borrowed from China. In the Korean writing system , hanja —replaced almost entirely by hangul in South Korea and totally replaced in North Korea —are mostly identical with their traditional counterparts, save minor stylistic variations. As with Japanese, there are autochthonous hanja, known as gukja . Traditional Chinese characters are also used by non-Chinese ethnic groups. The Maniq people living in Thailand and Malaysia use Chinese characters to write

868-509: The ubiquitous Unicode standard gives equal weight to simplified and traditional Chinese characters, and has become by far the most popular encoding for Chinese-language text. There are various input method editors (IMEs) available for the input of Chinese characters . Many characters, often dialectical variants, are encoded in Unicode but cannot be inputted using certain IMEs, with one example being

899-571: The words for simplified and reduced are homophonous in Standard Chinese , both pronounced as jiǎn . The modern shapes of traditional Chinese characters first appeared with the emergence of the clerical script during the Han dynasty c.  200 BCE , with the sets of forms and norms more or less stable since the Southern and Northern dynasties period c.  the 5th century . Although

930-568: Was the company's retail consultant in 2003. Ting Hsin International Group was its biggest shareholder, with a 37% stake, in 2010. In 2014, Ting Hsin International Group said it would sell its Taipei Financial Center Corporation shares to raise cash for around $ 770 million. Sometime around 2018 ITOCHU purchased 37% of Taipei Financial Center Corporation, which it spent USD$ 670 million on. The other largest shareholders are Chunghwa Telecom , Taiwan Stock Exchange , Mega Financial Holding , and CTBC Financial Holding . This article about

961-442: Was the top seller of instant noodles in the world in 2017, with a 15% share of the market. Ting Hsin Oil and Fat in late 2013 was found to have purchased tainted food products from Chang Chi Foodstuff since 2007. In November 2013, Wei Ying-chung (魏應充), former chairman of three subsidiaries of Ting Hsin International Group, was indicted on charges of fraud as part of an investigation into the 2013 Taiwan food scandal . Wei Ying-chung

Ting Hsin International Group - Misplaced Pages Continue

#747252