Hsin Tung Yang

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Hsin Tung Yang
新東陽
TypeLimited company (Ltd.)
IndustryFoodservice
Founded1972
HeadquartersTaipei, Taiwan[1]
ProductsPreserved meat products
Number of employees
251 to 500
Websitewww.hty.com.tw
Hsin Tung Yang Commerce Building
Hsin Tung Yang Food Co. sign in San Francisco, CA

Hsin Tung Yang (Chinese: 新東陽; pinyin: Xīn Dōng Yáng; lit. 'new horizon') is a food service company and retailer[2] based in Taipei, Taiwan.

Overview[]

Hsin Tung Yang specializes primarily in meat and pork products such as rousong (肉鬆; meat floss), and rougan (肉乾; 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[]

Hsin Tung Yang was founded by Mai Hsin-Fu[5] and first started operations in 1967[6] under the name "Hsin Tung Yang Barbecue Meat Company" (新東陽燒腊行), 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 rousong 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[]

References[]

  1. ^ Jump up to: a b c "Taiwan firm to relocate some operations here". New Straits Times. 1988-09-14. Retrieved 2011-03-22.
  2. ^ "Kinmen aims to increase tourism". Taipei Times. 2009-11-04. Retrieved 2011-03-22.
  3. ^ Jump up to: a b c "Home". Hsin Tung Yang USA. Archived from the original on 2007-10-13. Retrieved 2011-03-22.
  4. ^ Jump up to: a b c "History and Inheritance". Hsin Tung Yang. Archived from the original on 2011-07-18. Retrieved 2011-03-22.
  5. ^ "Founder". Hsin Tung Yang USA. Retrieved 2011-03-22.
  6. ^ "Future Prospects". Hsin Tung Yang. Archived from the original on 2011-07-18. Retrieved 2011-03-22.
  7. ^ 歷史與傳承 (in Chinese). Hsin Tung Yang. Archived from the original on 2011-07-18. Retrieved 2011-03-22.
  8. ^ "List of ISIN Code for Unlisted Issueing (sic) Companies". TWSE. Archived from the original on 2011-08-12. Retrieved 2011-03-23.
  9. ^ "Tests reveal health risks lurk in food". The Standard. 2008-05-30. Archived from the original on 2012-10-15. Retrieved 2011-03-22.
  10. ^ "Stores accept EasyCards for payment". The China Post. 2010-04-02. Retrieved 2011-03-22.
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