Hsin Tung Yang
| Company type | Limited company (Ltd.) |
|---|---|
| Industry | Foodservice |
| Founded | 1972 |
| Headquarters | Taipei, Taiwan[1] |
| Products | Preserved meat products |
Number of employees | 251 to 500 |
| Website | www.hty.com.tw |
Hsin Tung Yang (Chinese: 新東陽; Wade–Giles: Hsin1Tung1Yang2; lit. 'new horizons') is a food service company and retailer[2] based in Taipei, Taiwan.
Overview
[edit]Hsin Tung Yang specializes primarily in meat and pork products such as pork sung (肉鬆; i.e. "meat floss"), and bakkwa (肉乾; i.e. pork jerky).[3] In recent years the company has expanded production into dried mullet roe and various Chinese tea snacks.[citation needed] In addition to its retail stores, the company also manages service areas and stores in airports.[4] As of 2011, the company has over 70 retail stores in Taiwan.[3]
History
[edit]Hsin Tung Yang was founded by Mai Hsin-Fu[5] and first started operations in 1967[6] under the name "Hsin Tung Yang Barbeque Meat Company" (新東陽燒臘行), and established itself as a company in 1972 as "Mai's Hsin Tung Yang Food Co. Ltd" (麥氏新東陽食品股份有限公司).[4][7] In 1979, Hsin Tung Yang USA was established in San Francisco, California, USA.[3]
In 1988, the company had expanded to 46 branches in Taiwan, Hong Kong, Canada, and the United States, producing over 3600 varieties of food items.[1] In November 1988, the company began construction on a new factory in Ipoh, Malaysia with the intent of relocating some of its food operations there due to rising market costs and market expansion.[1] In 1991, the company was publicly listed on the Taiwan Stock Exchange.[4][8] In May 2008, the company's pork sung was pulled from supermarket shelves in Hong Kong after the asthma drug clenbuterol was found in its products.[9]
In April 2010, it became one of the first retailers to begin accepting payment using the EasyCard, a contactless smart card already in use on the Taipei Metro system.[10]
See also
[edit]References
[edit]- ^ a b c "Taiwan firm to relocate some operations here". New Straits Times. September 14, 1988. Retrieved March 22, 2011.
- ^ "Kinmen aims to increase tourism". Taipei Times. November 4, 2009. Retrieved March 22, 2011.
- ^ a b c "Home". Hsin Tung Yang USA. Archived from the original on October 13, 2007. Retrieved March 22, 2011.
- ^ a b c "History and Inheritance". Hsin Tung Yang. Archived from the original on July 18, 2011. Retrieved March 22, 2011.
- ^ "Founder". Hsin Tung Yang USA. Retrieved March 22, 2011.
- ^ "Future Prospects". Hsin Tung Yang. Archived from the original on July 18, 2011. Retrieved March 22, 2011.
- ^ 歷史與傳承 (in Chinese). Hsin Tung Yang. Archived from the original on July 18, 2011. Retrieved March 22, 2011.
- ^ "List of ISIN Code for Unlisted Issueing (sic) Companies". TWSE. Archived from the original on August 12, 2011. Retrieved March 23, 2011.
- ^ "Tests reveal health risks lurk in food". The Standard. May 30, 2008. Archived from the original on October 15, 2012. Retrieved March 22, 2011.
- ^ "Stores accept EasyCards for payment". The China Post. April 2, 2010. Retrieved March 22, 2011.